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Dalmia Bharat reported its highest-ever quarterly EBITDA of ₹883 Cr in Q1 FY26, showcasing strong operational performance. The company maintains a robust balance sheet with Net Debt to EBITDA at 0.33x as of June 30, 2025, despite issuing ₹950 Cr in Non-Convertible Debentures. It is aggressively expanding cement capacity towards a 75 MnT target by FY28, including significant projects in Belgaum-Pune and Kadapa, along with a Chennai Bulk Terminal. Operational highlights include commissioning 26 MW of renewable energy in Q1 FY26, contributing to a targeted 576 MW by FY26. Q1 demand softened due to monsoon, but the company’s strong sales quality continued.