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Birla Corp consolidated net profit slumps 98pc to Rs 1.46 cr

Press Trust of India  |  Kolkata 

Cement major Ltd today reported a 97.7 per cent decline in its net profit for the September quarter at Rs 1.46 crore.

The company had posted a bottomline of Rs 65.43 crore in the corresponding period a year ago.

from operations, however, grew 14.41 per cent year-on-year to Rs 1,235.49 crore in the quarter under review compared with Rs 1,079.83 crore in the year-ago period.

There was a sharp decline in other from Rs 45 crore in the three months ended September in 2016 to Rs 12 crore in Q2 of this fiscal.

Birla Corporation's total expenses rose 17.64 per cent to Rs 1,247.11 crore in July-September as against Rs 1,060.02 crore in same period last year.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Sat, November 11 2017. 20:48 IST