New Delhi, Oct. 17 -- Puneet Dalmia-promoted Dalmia Bharat Ltd saw a 39% sequential dip in the company's profitability to Rs.239 crore, although it was 387% higher than the year-ago period, as India's fourth-largest cement maker experienced lower prices in the July-September period.

Profit in the June quarter was Rs.395 crore, compared to Rs.49 crore in the same period last year.

Dalmia Bharat, which has an installed capacity of 49.5 million tonnes (mt), saw revenue from operations dip by 6% over the preceding quarter to Rs.3,417 crore. June quarter revenues were at Rs.3,636 crore. Income from operations increased by 10.7% compared to last year.

UltraTech, India's largest cement manufacturer, will declare its results on Saturday.

The ...