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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.