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Birla Corp Q1 net rises 94pc to Rs 84 crore

Press Trust of India  |  Kolkata 

Birla Corporation, an M P Birla Group company, today reported a 94-per cent on-year rise in its net profit for the June quarter to Rs 84 crore.

During the reporting quarter, net sales of the company stood at Rs 1,655.75 crore compared with Rs 1,458.79 crore in the corresponding period a year ago, it said in a release.

for the period was 35.45 lakh tonnes as against 32.91 lakh tonnes a year ago, reflecting an increase of 8 per cent.

Birla Corporation's EBITDA came in at Rs 269.55 crore in the three months ended June, registering a growth of 10.47 per cent year-on-year.

There was marked improvement in realisations during the quarter under review in all the regions except north, which was partly offset by a sharp increase in input costs, especially fuel, the release added.

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

First Published: Tue, August 07 2018. 19:15 IST