HeidelbergCement India Limited — Others, 29-07-2025: Change in Auditors

HeidelbergCement India's Board approved Q1 financial results. Revenue rose 12% to ₹597.54 Cr, driven by 11% higher sales volumes and better pricing. Profit After Tax jumped 21% to ₹48.23 Cr, with EBITDA up 13.4% to ₹88.5 Cr. Joydeep Mukherjee was re-appointed MD for three years, and DMK Associates appointed Secretarial Auditors for five years, both pending shareholder approval. Sustainability efforts enhanced, boosting non-grid energy to over 50% with a new wind-solar agreement and increasing alternate fuel use to 13%. Strong cash balance of ₹570.4 Cr, with ₹68.7 Cr interest-free borrowings.