M P Birla Group firm Birla Corporation Ltd on Saturday reported a consolidated net profit of Rs 294.77 crore in the March quarter of 2025-26 on a year-on-year basis. It had posted a net profit of Rs 256.6 crore for the January-March period a year ago, according to a regulatory filing from Birla Corporation. However, Birla Corporation's revenue from operations was marginally up at Rs 2,836.12 crore in the March quarter of FY26. It was at Rs 2,814.91 crore in the corresponding period a year ago. This was "owing to poor realisation from the cement business and external shocks affecting the performance of Birla Jute Mills," said Birla Corporation in its earnings statements. Total expenses of Birla Corporation were at Rs 2,522.18 crore, up 1 per cent in the March quarter. Birla Corporation's revenue from the Cement business was marginally up to Rs 2,716.06 crore in the fourth quarter of FY'26. It was at Rs 2,691.84 crore in the corresponding quarter. Its cement sales by volume grew by
Q4FY26 company results: Firms including Gujarat Ambuja Exports, Advanced Enzyme Technologies, D-Link (India), and Aarti Surfactants are also to release their January-March earnings today
Despite the two-day rally, in the past one month, cement companies stocks have underperformed the market by falling up to 17%, as against 8% fall in the BSE Sensex.
On-going escalation of the Iran-Israel-US conflict tends to spike global crude oil prices, which in turn drive up petcoke and diesel prices, affecting cement manufacturers margins, say analysts.
HDFC Securities has lowered its Ebitda estimates for Birla Corp for FY26-28E by 6 per cent, 9 per cent and 4 per cent, respectively, to account for near-term pricing pressure in Q3FY26
JM Financial expects companies under its coverage to deliver robust growth of around 10 per cent Y-o-Y on a comparable basis in the third quarter
SES ESG Research Private Limited had voluntarily reviewed the ESG rating of the company, and assigned an environmental, social, and governance (ESG) score of 69.3.