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VERIFIEDET Finance·negative

Dalmia Bharat sees new assets boosting volumes soon; Profit falls 50%

AI Summary
  • ·Dalmia Bharat's new central India cement assets, acquired from Adani Group, will add over five million tonnes of capacity.
  • ·Operations have commenced at Chunar and trial production began at Rewa within fifty days.
  • ·Consolidated profit fell 50% in the June quarter due to higher costs and an exceptional loss.
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