HeidelbergCement India Limited — Results, 30-01-2025: Integrated Filing- Financial

HeidelbergCement India Limited reported its financial results for the quarter and nine months ending December 31, 2024. Revenue from operations declined to ₹5,428.2 million, a 10.6% year-on-year drop, primarily due to lower sales volumes and prices. EBITDA also suffered, falling 49.2% to ₹333 million. Net profit decreased significantly by 83.5% to ₹52 million. Despite these challenges, the company maintains strong liquidity, with a cash balance of ₹4,328 million against minimal borrowings. The strategic shift towards green power agreements could provide future cost savings, although investor sentiment may remain cautious given the current performance metrics.