Birla Corp Q1 net rises 116%

Post-tax profit of Birla Corporation Ltd, the flagship company of M P Birla group, increased 116.3% at Rs 99.5 crore during the first quarter of current fiscal.

The company had posted Rs 46 crore profit in the April- June period of the previous fiscal.

Total income during the April-June quarter of 2014-15 increased 11.7% at Rs 874.82 crore, as against Rs 783.17 crore in Q1, 2013-14, the company said in a statement.