HeidelbergCement India Ltd on Wednesday (May 28) reported a 3% year-on-year (YoY) dip in net profit at ₹50 crore for the fourth quarter that ended March 31, 2025, down from ₹52 crore in Q4FY24.
Revenue from operations increased 2.7% to ₹612.4 crore against ₹597 crore last year.
At the operating level, EBITDA was up 2% YoY to ₹90.6 crore in the fourth quarter of this fiscal over ₹88.8 crore. The EBITDA margin declined just a bit to 14.79%, compared to 14.89% in the corresponding period in the previous fiscal.
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On a per-tonne basis, total operating costs, including freight, increased by about 1% YoY. The company expanded its reliance on non-grid power by 46%, utilising multiple sources such as waste heat recovery (WHR), long-term power purchase agreements, and energy exchange spot purchases. EBITDA per tonne stood at ₹722, nearly unchanged from the previous year, while profit after tax rose by 5% to ₹50.4 crore.
For the full year FY25, the company faced pricing pressure, with per-tonne prices falling 3.3% YoY, outpacing a 1% decline in total operating costs. This led to a 20% drop in EBITDA per tonne to ₹530. Despite this, Heidelberg managed to cut overall fuel costs by 6% thanks to lower fuel prices and increased use of alternative fuels.
Green power usage was also optimised, with the share of non-grid power increasing to 45%. The company repaid its third tranche of interest-free loans amounting to ₹ 69.4 crore, and ended the fiscal with cash and bank balances of ₹453.6 crore against interest-free borrowings of ₹ 68.7 crore.
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The board has recommended a dividend of ₹7 per equity share (70%) for FY25, subject to shareholder approval at the upcoming AGM.
The results came after the close of the market hours. Shares of HeidelbergCement India Ltd ended at ₹200.95, up by ₹0.70, or 0.35%, on the BSE.
(Edited by : Shoma Bhattacharjee)
First Published: May 28, 2025 5:42 PM IST
