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CK Birla Group
Focus on growth segments and capacity expansion boosted CKA Birla Group company BirlaNu's volumes in the March quarter and FY2024-25, according to Managing Director and CEO Akshat Seth. BirlaNu reported an 80 per cent surge in volumes for the March quarter, with pipes and construction chemicals driving the momentum, Seth said. Full fiscal year saw a 57 per cent increase in revenue and a 76 per cent rise in volumes, he added. The construction chemicals and pipes manufacturer doubled its AAC block capacity in Chennai to 4 lakh cubic meters per year and launched Parador in India, marking its entry into the home and interior space, Seth said. The company also introduced organic-based stabilisers (OBS) in uPVC pipes, eliminating heavy metals and setting new benchmarks for health and sustainability in potable water solutions. "The transition to OBS technology in our uPVC pipes reflects our focus on reducing environmental impact while delivering the highest quality to our customers," said
CK Birla Group home and building material solutions firm BirlaNu Ltd plans to invest up to Rs 1,300 crore in the next three years as part of its strategy to double sales in 3-4 years time, according to top company officials. The company, which had recently renamed itself as BirlaNu Ltd from erstwhile HIL Ltd and undertaken a rebranding exercise, is also scouting for acquisition opportunities to fuel its growth, BirlaNu Ltd President Avanti Birla told PTI. "We are widening our positioning and going further, in a two-fold manner -- in our own products and we're also looking externally at diversifying, other products (and) potential acquisitions," she said when asked about the future roadmap. Asked if any acquisitions are being considered at the moment and how much war chest has been prepared, she said, "It is just part of our expansion...when it comes to the external market, there is no particular number as such right now but we are always looking for opportunities that come to us at
The USD 3-billion CK Birla group company Birla Fertility & IVF is looking to invest Rs 500 crore in the next 2-3 years as it seeks to capture a larger share in the domestic market, a company statement said on Thursday. Birla Fertility & IVF, which is the third largest fertility chain, plans to extend its presence in the southern region by establishing 10-12 new centres across Karnataka, Tamil Nadu, Kerala, Telangana and Andhra Pradesh within the next 12-24 months, the company said. "The group is viewing for a bigger share of the IVF market and plans to invest Rs 500 crore in next 2-3 years," it said. By investing heavily in infrastructure and leveraging its expertise, Birla Fertility & IVF intends to provide fertility solutions to a broader audience, particularly in Tier II and Tier III cities, Avanti Birla, Chairman and Founder of Birla Fertility & IVF, said. Abhishek Aggrawal, Chief Business Officer at Birla Fertility & IVF, said that we have expanded across ...