Birla Corp posts 207% pre-tax profit surge in Q3 amid muted demand scenario

Its profit before tax and net income in the third quarter of the last fiscal year stood at Rs 42 crore and Rs 1557 crore respectively

Efforts to keep costs under check, higher capacity utilisation along with sales push of premium cement helped Birla Corporation log a whopping 207 per cent rise in Q3 pre-tax profit at Rs 129 crore. However, revenue went up a tad 10 per cent to Rs 1,715 crore, amid a muted demand scenario. 

Profit before tax and net income in the third quarter of the previous financial year stood at Rs 42 crore and Rs 1,557 crore, respectively. Net profit increased by 200 per cent to Rs 81 crore compared to Rs 27 crore on a year-on-year (YoY) basis.

Even as overall sales