Birla Corporation

Birla Corporation Q2 net profit at ₹90.48 crore on higher cement sales

Birla Corporation posted a consolidated net profit of Rs 90.48 crore in Q2FY26, aided by improved performance in its cement and jute divisions, even as rainfall and price pressure weighed on margins

Birla Corp share up 3% on emerging preferred bidder for this deal; details

Birla Corp share rose after the company emerged as the 'Preferred Bidder' for the grant of mining lease for Gourum Khan Ki Dhani (South) Limestone Block, on the highest final price offer of 20.60%.

Birla Corp shares see best day in 5 years as stock rallies 20%; here's why

Birla Corp.'s stock rose as much as 20 per cent during the day to an upper circuit of ₹1,268.8 per share, the biggest intraday gain since May 26, 2020

Birla Corporation Q4 results: Profit up 33% to ₹257 cr; revenue up 7%

After a weak start to FY25, Birla Corp posts strong Q4 profit growth on higher capacity utilisation and announces major expansion to scale cement output to 27.6 mt

Birla Corporation Q4 results: Net profit jumps 32.7% to ₹256.6 cr in FY25

Consolidated net profit of Birla Corporation Limited, the flagship company of M P Birla group, increased 32.7 per cent at Rs 256.60 crore during the fourth quarter of 2024-25 as compared to Rs 193.34 crore in the corresponding previous period. The company informed the courses after a board meeting held on Friday that consolidated total income increased 6.8 per cent at Rs 2,863.14 crore as against Rs 2,680.13 crore in the previous similar period. Primarily a cement manufacturing company, the board of Birla Corporation approved the proposal for issue of non-convertible debentures (NCDs) aggregating up to Rs 200 crore on private placement basis in one or two tranches. The board also approved capital expenditure towards increasing capacity by way of setting a greenfield cement grinding unit with a capacity of 2.80 million tonnes per annum at Gaya in Bihar in a phased manner. The debt-equity ratio of the company at the end of March 2025 quarter decreased to 0.56 as compared to 0.67 in t

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 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 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 Q1 results: Net profit declines 45% to Rs 33 cr

M P Birla group flagship firm Birla Corporation on Thursday posted a 45 per cent decline in its net profit to Rs 33 crore during the first quarter of the 2024-25 fiscal as compared to Rs 60 crore in the year-ago period. A company statement said that revenue of the company during the April-June period also decreased by 8.9 per cent at Rs 2,207 crore as against Rs 2,423 crore in the similar previous quarter It said weak cement prices coupled with sluggish demand have weighed down the profitability of the June quarter. Sales volumes also declined marginally in the face of contracting demand. Faced with challenging market conditions, the Kolkata-headquartered company focused on reducing variable costs in cement production across its units. The jute division of the company registered a cash loss of Rs 3.9 crore in the quarter under review against a cash profit of Rs 6.4 crore in the similar previous period. Realisation of cement sales per tonne during the first three months of the curr

Birla Corporation Q4 results: Profit up 128% at Rs 193 cr, revenue up 8%

Q4 FY 24 results: The company board has recommended a dividend of Rs 10 per share for the financial year 2023-24

Cement shares soar up to 17%; ACC, Birla Corp, JK Lakshmi hit 52-week highs

Analysts believe cement demand would remain healthy aided by expedited pre-election government spend, continued focus of infrastructure development.

Birla Corporation Q3FY24 results: Company posts net profit of Rs 109.14 cr

Revenue on a consolidated basis stood at Rs 2,328.31 crore in Q3FY24, up by 14.7 per cent from Rs 2,024 crore in the year-ago period

Birla Corporation posts Rs 58.37 cr net profit in Q2 on ops ramp-up

The company attributed the jump in profitability to the ramp-up of Mukutban operations, cost-initiatives, premiumisation and optimization of power and fuel mix and softening fuel prices

Birla Corporation posts Rs 58.3 cr net profit in September quarter

Consolidated post-tax profit of Birla Corporation Limited, the flagship company of M P Birla group, stood at Rs 58.37 crore at the end of the second quarter ending 30 September 2023. The company posted a loss of Rs 56.46 crore in the similar previous period. During the first quarter of the current financial year, the company, primarily a cement manufacturer, stood at Rs 59.71 crore. Total income of the company during the second quarter increased 13.3 per cent at Rs 2313.23 crore as against Rs 2041.58 crore in the similar previous corresponding period, Birla Corporation said in a regulatory filing on Wednesday. The debt-equity ratio of Birla Corporation in the current second quarter stood at 0.75, the company said. The operating margin of the company during the second quarter stood at 12.88 per cent, as compared to 4.78 per cent in the similar previous period.

Stocks to Watch: Titan, Bank of Baroda, MCX, Birla Corp, TCS, REC, PFC

Stocks to watch on October 11, 2023: MCX said it will go live on the new commodity derivative trading platform from October 16, after a mock session on October 15

Birla Corp plans expansion, eyes 25 million tonnes capacity by FY26

Birla Corporation's consolidated capacity stands at around 20 mt after commissioning of the 3.9 mt greenfield plant at Mukutban in Maharashtra at the beginning of FY23

Birla Corporation's net profit down 23% to Rs 85 crore in March quarter

M P Birla group's flagship company, Birla Corporation Limited, on Tuesday said the cement major posted a net profit of Rs 85 crore for the March 2023 quarter, down by 23 per cent over the corresponding period last year. The consolidated revenue for the March quarter was Rs 2,512 crore, representing a 7.6 per cent growth. The consolidated cement sales by volume for the March quarter grew 4.5 per cent year-on-year to 4.44 million tonnes, a record high, and even with the price remaining weak, the realisation was up 4.3 per cent over the same period last year at Rs 5,261 per tonne. The company stated that it concluded a challenging FY 2022-23 despite sluggish demand in most key markets during the year. During the year, the biggest challenge for the entire cement industry was an abnormal rise in power and fuel costs, which typically account for around 30 per cent of total production costs for all manufacturers. For Birla Corporation Limited, power, and fuel costs went up 32 per cent fo

Birla Corporation posts Q3 loss of Rs 49.91 cr on higher production cost

On a comparable basis, Birla Corporation said, consolidated revenue was up by 9 per cent year-on-year (YoY).

Birla Corp posts Rs 56.4-crore net loss in Q2, appoints new MD & CEO

The company said profitability was impaired by a sharp increase in power and fuel costs, which could not be passed on to consumers

M P Birla group's Birla Corporation posts Rs 56 cr loss in second quarter

M P Birla group flagship company Birla Corporation Ltd (BCL) posted a loss of Rs 56 crore in the second quarter of the current fiscal against a net profit of Rs 86 crore in the same period previous financial year. Revenue of the company increased 19.3 per cent at Rs 2042 crore during the second quarter as compared to Rs 1711 crore in the previous similar period, a statement by the primarily cement manufacturing firm said on Tuesday. The company said that the profitability of BCL during the second quarter was impaired by rising power and fuel costs which could not be passed on to the consumers. EBITDA, a measure of underlying profitability, of the company in the current second quarter declined 51.6 per cent to Rs 136 crore from Rs 281 crore in the similar previous period of 2021-22. BCL said that the newly-commissioned Mukutban plant in Maharashtra is yet to stabilise operations and also had a negative impact on profitability. Sales of the company increased 11.4 per cent at 3.64 ..