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Birla Corporation Ltd News

Birla Corporation Q3 FY25 results: Net profit down 71.4% to Rs 31.19 crore

Revenue on a consolidated basis stood at Rs 2,272.07 crore in Q3 FY25, down 2.4 per cent from Rs 2,326.75 crore in the year-ago period

Birla Corporation Q3 FY25 results: Net profit down 71.4% to Rs 31.19 crore
Updated On : 04 Feb 2025 | 7:17 PM IST

UltraTech Cement rallies 6% post Q3 results; Ramco, JK Lakshmi surge 5%

Going forward, UltraTech expects to generate a sustainable volume growth of 7- 8% on likely government focus on infrastructure and housing projects, alongside increased rural and urban demand.

UltraTech Cement rallies 6% post Q3 results; Ramco, JK Lakshmi surge 5%
Updated On : 23 Jan 2025 | 3:00 PM IST

Birla Corp Q2 results: Net loss at Rs 25 cr, revenue falls to Rs 1,970 cr

M P Birla group flagship company Birla Corporation Ltd on Wednesday reported a Rs 25 crore loss in the second quarter ending September 2024 as against a net profit of Rs 58 crore in the year-ago period. Revenue of the cement maker during the July-September quarter decreased 14.8 per cent to Rs 1,970 crore from Rs 2,312 crore in the previous corresponding period. The company, in a statement, said that it posted a consolidated EBITDA of Rs 194 crore in the quarter under review as compared to Rs 316 crore in the same period last year. In the traditionally weak monsoon quarter, cement demand was sluggish and prices plummeted to record lows in all the key markets. The company achieved an overall capacity utilisation of close to 80 per cent, and around 90 per cent in core markets. The annual installed cement manufacturing capacity of the company is 20 million tonnes. On the outlook, the cement maker remains cautiously optimistic about the third quarter ending in December. The jute div

Birla Corp Q2 results: Net loss at Rs 25 cr, revenue falls to Rs 1,970 cr
Updated On : 23 Oct 2024 | 10:02 PM IST

Birla Corporation Q2 results: Firm reports net loss of Rs 25.19 crore

The company attributed the loss to sluggish cement demand during the traditionally weak monsoon quarter, with prices plummeting to record lows in all key markets

Birla Corporation Q2 results: Firm reports net loss of Rs 25.19 crore
Updated On : 23 Oct 2024 | 9:02 PM IST