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Birla Corp Q1 net profit at Rs 43.21 cr

Press Trust of India  |  New Delhi 

Ltd, the MP Birla group flagship company, today reported consolidated net profit at Rs 43.21 crore for the first quarter ended June 30, 2017.

The company had posted a net profit at Rs 94.44 crore during the same period of previous fiscal, said in a filing.

The company said the of the period are not comparable due to its of Cement Company which became its wholly-owned subsidiary from August 22, 2016.

Total expenses during the quarter under review stood at Rs 1,604.19 crore as against Rs 968.99 crore in the year-ago period.

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

First Published: Sat, August 12 2017. 17:48 IST