Page 4 - Birla Corporation

Birla Corp posts 207% pre-tax profit surge in Q3 amid muted demand scenario

Its profit before tax and net income in the third quarter of the last fiscal year stood at Rs 42 crore and Rs 1557 crore respectively

Birla Corp aims 20 MT to become fifth largest cement company in India

While the Mukutban project has been financed by a Rs 1,625 crore term loan stretching 12 years from a consortium of four banks led by the Bank of Baroda at less than 9 per cent interest

Govt okays allocation of five coal blocks to generate Rs 17,136-cr revenue

The ministry had initiated the auction process for 27 coal mines for non-regulated sectors previously

Dalmia Cement reworks its portfolio, but will the consumer bite the bait?

In recent years, cement companies like Birla Corporation have also taken a similar path - come up with a flagship brand as part of its plans to become a national player

Prakash Industries emerges as highest bidder for Bhaskarpara coal block

Prakash Industries on Wednesday emerged as the highest bidder for Bhaskarpara coal block in Chhattisgarh, an official said. Birla Corporation had on Tuesday bagged the Brahmapuri mine in Madhya Pradesh, the official said quoting the results of e-auction for coal mines under the eight tranche. Jindal Steel and Power Ltd (JSPL) was the highest bidder for Gare Palma IV/1 coal block in Chhattisgarh with a bid price of Rs 230 per tonne on Monday. Birla Corporation Ltd bagged the Bikram coal block in Madhya Pradesh with a bid price of Rs 154 per tonne last week. Six mines are on offer. Auctions for four blocks have been completed, the official said. The bidding for Jagannathpur B block and Jamkhani block will take place on Thursday and Friday, respectively. Bhaskarpara coal block was previously allocated to Bhaskarpara Coal Company Ltd (BCCL) -- a joint venture of Electrotherm (India) Ltd and Ultratech Cement Ltd, while Brahmapuri mine was previously allocated to Pushp Steels & ...

Birla Corp net profit up 450% at Rs 88 crore in September quarter

Its revenue shot up 10.9 per cent to Rs 1,647 crore.

Birla Corp contests UltraTech's copyright violation claim over use of name

Its argument is based on the grounds that the use of the word 'Ultra' is neither a copyright violation, nor does UltraTech have exclusive rights over the word under dispute

15 years on, Birla and Lodha still splitting hairs over Priyamvada will

It all began in 2004, when the former chairman of Birla Corporation, Priyamvada Birla, died

After a lull, Birla Corp's Harsh Vardhan Lodha is back in the limelight

Latest in the series is court-appointed committee's decision to not support resolution seeking reappointment of Lodha as a director on the board of 2 group entities, Vindhya Telelinks and Birla Cable

Lodha counters APL committee's decision not to support his reappointment

The decision of the APL committee has been challenged in Calcutta High Court, said Lodha, when asked about it at a press conference after Birla Corporation's AGM

Birla Corp to increase focus on premium cement brands to boost profits

The company introduced several premium brands in the first quarter of the current fiscal year

Birla Corp partners Infosys to take digitisation, automation further

Infosys will be analysing the entire technological set up in the firm and talk to every department over their concerns and requirements for seamless functioning

Birla Corporation posts its best ever pre-tax profit of Rs 219 crore in Q1

Pre-tax profit in the June quarter increased from Rs 89 crore to Rs 219 crore, rising 147% year-on-year

Birla Corp shares shed 14% on NGT suspension of mining at Chittorgarh

The stock was down by 14% in intraday trade with curbs on excavation of limestone for feeding firm's two cement plants

Birla Corp slips 14% on NGT order to stop mining at Rajasthan unit

The Principal Bench of National Green Tribunal on March 8, 2019 ordered to stop all mining activities which are being carried on within the municipal limits of Chittorgarh.

Birla Corporation back in black, posts Rs 27.4 cr net in Q3

Better show despite higher input costs, net sales up 12.1%; firm had a Rs 22 cr loss in the year-ago quarter

Birla Corp enters construction additives business for revenue boost

Birla Corporation is one of Indias top cement makers, with an annual production capacity of 15.5 million tonnes

Birla Corp plans to replace cement brands Samrat and Chetak with Perfect

The company positions Perfect as its new flagship, looks to build a unified national corporate identity and premium appeal for its products

Birla Corporation plans future growth on pillars of cement business

Birla Corp has taken this brand of premium cement that was hitherto confined to central India (namely Madhya Pradesh), to all markets where it operates

Birla Corp plans maiden national roll out of premium brand Perfect

Sixteen months after it acquired Reliance Cement Company (RCC) marking its foray into the premium category, Birla Corporation, the acquirer, is now planning to take the premium cement brand, Perfect, across the country except south India. This brand, originally made by RCC, landed up in its kitty as part of the takeover deal.This will mark the company's first ever rollout of a cement brand across the nation.The Perfect brand of cement, which is manufactured from RCC's Maihar plant in Madhya Pradesh, is currently confined to central and minor parts of east India. However, in the third quarter of the current fiscal year, this brand, which underwent a packaging renovation, contributed atleast Rs. 2.3 billion to the company's consolidated turnover of Rs. 13.89 billion.The two other premium brands - Unique and Ultimate, confined to West Bengal, Bihar and Uttar Pradesh - accounted for another Rs. 1.16 billion of the total quarterly sales.As per a senior company official, the Maihar plant ...