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Page 3 - Birla Corporation

Birla Corp rallies 31% in 2 weeks post Q4 results; stock nears record high

The company said it made up for its loss in production and sales at the beginning of the financial year by aggressively rationalising costs

Birla Corp rallies 31% in 2 weeks post Q4 results; stock nears record high
Updated On : 19 May 2021 | 12:57 PM IST

Birla Corporation net profit up 28% in Jan-Mar quarter due to high sales

Birla Corporation Ltd on Wednesday reported a 28 per cent year-on-year rise in its net profit to Rs 249.33 crore in the fourth quarter ended March 31, 2021

Birla Corporation net profit up 28% in Jan-Mar quarter due to high sales
Updated On : 12 May 2021 | 9:06 PM IST

Birla Corporation March quarter net profit up 28% on higher sales

Revenues from operations stood at Rs 2,146 crore, up 24.9% YOY and 17.7% over the previous quarter

Birla Corporation March quarter net profit up 28% on higher sales
Updated On : 12 May 2021 | 8:14 PM IST

Calcutta HC dismisses contempt petitions against Harsh Vardhan Lodha

According to the Lodhas, the 'landmark judgment' clears the decks for Harsh Lodha to continue as the chairman of all companies of the MP Birla Group

Calcutta HC dismisses contempt petitions against Harsh Vardhan Lodha
Updated On : 22 Apr 2021 | 10:36 PM IST

Birla Corporation's December quarter net profit jumps 82 per cent

The company, however, faced cost pressure in the December quarter, with an increase in raw material, power and fuel costs

Birla Corporation's December quarter net profit jumps 82 per cent
Updated On : 23 Jan 2021 | 7:09 PM IST

Cement shares extend gain on strong outlook; JK Cement surges 9%

In the past one week, most of the frontline cement stocks have outperformed the market and risen more than 4 per cent, as compared to 1.2 per cent rise in the S&P BSE Sensex

Cement shares extend gain on strong outlook; JK Cement surges 9%
Updated On : 07 Jan 2021 | 10:52 AM IST

Harsh Vardhan Lodha chairs Birla Corp's board meeting on financial results

It was the first board meeting of the company that Lodha chaired after the Calcutta High Court order in October

Harsh Vardhan Lodha chairs Birla Corp's board meeting on financial results
Updated On : 05 Nov 2020 | 9:14 PM IST

High Court refuses to stay order barring Lodha from heading M P Birla firms

The Division Bench of the Calcutta High Court on Thursday accepted the pleas of Birlas and declined the prayer of Lodhas and companies for stay on the directions passed by the single judge

High Court refuses to stay order barring Lodha from heading M P Birla firms
Updated On : 01 Oct 2020 | 7:12 PM IST

Lodha appeal against HC order to lean on extent of Priyamvada Birla estate

As per Lodha, the estate is defined the assets prepared by jt administrators and produced in court. That makes the estate a minority shareholder in all four mfg firms within larger promoter group

Lodha appeal against HC order to lean on extent of Priyamvada Birla estate
Updated On : 21 Sep 2020 | 10:07 PM IST

Birla Corp slips 9% after HC bars Harsh Lodha from MP Birla group companies

The company is in the process of reviewing the said order of the High Court.

Birla Corp slips 9% after HC bars Harsh Lodha from MP Birla group companies
Updated On : 21 Sep 2020 | 12:30 PM IST

HC orders removal of Harsh Vardhan Lodha from MP Birla group companies

Lodha ceases to hold all positions in Birla group, including as director in companies and other positions in trusts, societies

HC orders removal of Harsh Vardhan Lodha from MP Birla group companies
Updated On : 19 Sep 2020 | 1:28 AM IST

Harsh Lodha reappointed director in Birla Corp despite panel's rejection

Nearly 98% of shareholders vote in favour of his reappointment and payment of remuneration to Lodha

Harsh Lodha reappointed director in Birla Corp despite panel's rejection
Updated On : 25 Aug 2020 | 10:46 PM IST

APL panel decides against Harsh Lodha re-appointment in MP Birla firms

No payment of profit linked to director's remuneration by all four listed companies to be made to him at AGMs for FY20

APL panel decides against Harsh Lodha re-appointment in MP Birla firms
Updated On : 24 Aug 2020 | 11:59 PM IST

Birla Corp PBT drops 61% to Rs 85 cr in Q1 due to disruptions in operations

Revenues (including other income), at Rs 1,241 crore, declined 34.7 per cent year-on-year as sales by volume dropped by more than 33 per cent to 2.4 million tonnes

Birla Corp PBT drops 61% to Rs 85 cr in Q1 due to disruptions in operations
Updated On : 07 Aug 2020 | 10:08 PM IST

Birla Corporation Q1 net falls 53% to Rs 66 crore, revenue suffers too

It had posted a net profit of Rs 141 crore in the year-ago period, the company said in a statement

Birla Corporation Q1 net falls 53% to Rs 66 crore, revenue suffers too
Updated On : 07 Aug 2020 | 7:16 PM IST

Sandip Ghose steps down as COO Birla Corporation after five-year stint

He will continue to be with the company for a few months to help with the transition.

Sandip Ghose steps down as COO Birla Corporation after five-year stint
Updated On : 07 Jul 2020 | 7:28 PM IST

Priyamvada Devi Birla will case: HC notice to 3 firms of MP Birla Group

While Birlas say firms are part of dispute and will fall under orders and decisions of Probate Court, Lodhas say they are not part of proceedings regarding the estate of late Priyamvada Devi Birla

Priyamvada Devi Birla will case: HC notice to 3 firms of MP Birla Group
Updated On : 11 Jun 2020 | 2:38 AM IST

Cyclone Amphan ravages West Bengal; PM Narendra Modi to visit today

State readies initial fund of Rs 1,000 crore for relief and restoration work

Cyclone Amphan ravages West Bengal; PM Narendra Modi to visit today
Updated On : 22 May 2020 | 3:38 AM IST

Blue-chip stocks account for more than 90% of Udhhav Thackeray's portfolio

The affidavit on the election commission website was filed as part of his nomination for the Legislative Council election

Blue-chip stocks account for more than 90% of Udhhav Thackeray's portfolio
Updated On : 13 May 2020 | 1:36 AM IST

Harsh V Lodha reappointed as director in two MP Birla Group firms

He is now entitled to a 0.75% share in Birla Corp and Birla Cable profits; his profit-related commission can now exceed 50% of total remuneration of all non-exec directors of Vindhya Telelinks

Harsh V Lodha reappointed as director in two MP Birla Group firms
Updated On : 06 May 2020 | 2:23 AM IST