HeidelbergCement India Limited — Others, 28-05-2025: Change in Director(s)

HeidelbergCement India has announced a board meeting that approved the financial results for the quarter and half-year. Quarterly sales volume rose 2% with revenue up 3%, while EBITDA per tonne remained steady at ₹722 and profit after tax grew 4.7% year-on-year. Full-year volumes fell 6%, revenues declined 9%, and profit after tax dropped 36%, pressured by lower prices and costs despite a 6% fuel cost reduction from more alternate fuels and green power. A dividend of ₹7 per share (70%) was declared, pending shareholder approval. Leadership changes include re-appointment of Mr. Vimal Kumar Jain as Whole-Time Director and appointment of Mr. Vimal Kumar Choudhary as Non-Executive Non-Independent Director. Cash balance is robust at ₹4536 million versus interest-free borrowings of ₹687 million.