Financial Highlights

• Net Sales Revenue for the quarter ended Sept’07 stood at Rs 356.66 crore which was 42% higher when compared with corresponding previous quarter last year. The OPM (Operating Profit Margin) increased by 520 basis points to 33.7%.

• The subsequent operating profit for the quarter under review stood at Rs 119.51 crore which was 68% higher on Y-o-Y basis. The ensuing PAT for the quarter under review stood at Rs 82.77 crore, which was 59% higher when compared with quarter, ended Sept’06 figures.

Other Highlights

• The company has reported increase in its cement dispatches to 8.52 lakhs tonnes, up by 26% over the corresponding quarter in the previous year.

• For the quarter, Cement business contributed 85% of the net sales for the company, up from 75% in corresponding quarter last year.

• During the quarter, the Cement unit bagged "National Award for Excellence in Energy Management 2007" in a National Competition for Excellence in Energy Management, organized by Confederation of Indian Industry and it was certified as "Excellent Energy Efficient Unit".

• In terms of Geographical wise sales breakup, 65% were to the state of Tamil Nadu, 30% to Kerala and 5% to Karnataka.

• Dalmia Cement is expanding its cement footprint in the Southern India with the launch of its 2 Greenfield projects, each of 2.25 Million tonnes capacity, at Kadapa, Andhra Pradesh and at Ariyalur, Tamil Nadu.

• The Kadapa plant is expected to come on stream by 30^th Sept, 2008, while the Ariyalur is expected to come on stream by 31^st March, 2009.

• Currently the cement capacity is 3.5 Million tonnes. Post expansion the cement capacity would be increased to 8 Million tonnes.

• The total capex for the expansion is expected to be around Rs 1400 crore. Out of which total project cost of Rs 1400 crore, Rs 500 crore would be financed through Internal accruals and Rs 900 crore would be through Debt.

• Post expansion the Debt-Equity ratio would be around 1.35: 1.

• As on 30^th September the Gross Debt on books stands at Rs 1200 crore.