Heidelberg Cement reports robust bottom-line growth

Heidelberg Cement standalone revenue for the quarter came in at Rs. 531.33 crore, registering 1.4 per cent yoy decline.

EBITDA for the quarter rose by 51.6 per cent yoy to Rs. 120.17 crore with a corresponding margin expansion of 790 bps. EBITDA margin for the quarter stood at 22.6 per cent.

The PAT for the quarter came in at Rs. 52.1 crore, yoy increase of 40.7 per cent. In the corresponding quarter of last year, there was one-time loss which helped company post strong bottom-line from low base quarter.

For the full year 2017-18, the company’s sales declined slightly by 1.4 per cent yoy to Rs. 531 crore. EBITDA for the year jumped almost 52 per cent yoy to Rs. 120 crore with corresponding margin expansion of 790 bps to 22.6 per cent. Net profit also surged almost 41 per cent yoy to Rs. 52 crore.