Page 5 - Birla Corporation
Birla Corp registers volume growth 22%, consolidates position in UP, MP
The operations recorded all-round improvement in the performance of the Company in a challenging environment, with abnormal pressure on costs and prices in the North markets
 "Birla Corp registers volume growth 22%, consolidates position in UP, MP")
Birla Corp plans new Rs 2,400-crore cement unit
Targeting to increase its cement production capacity from the current 15.5 million tonne per annum (mtpa) to nearly 20 mtpa within the next five years, Birla Corporation is planning a 4 mtpa greenfield project in Mukutban in Maharashtra which will help meet the targeted production.The company has already acquired the land for the new project and is expected to pump in Rs. 2,400 crore to build the new plant. "This plant will be built in phases and will be funded from both internal accruals as well as debt", the company's chairman Harsh V. Lodha said on the sidelines of its annual general meeting here.Lodha is focussing ramping up production in the western-central parts of the country as he expects future demand of cement to come in from this quarter of the country. Although currently the eastern region has seen the highest surge in cement demand and many players like JSW Cement, Emami Cement, Shree Cement and others already setting up greenfield capacity or in the construction stage, ..
 "Birla Corp plans new Rs 2,400-crore cement unit")
Birla Corp rides high on low petcoke price
Petcoke prices surged to $77 a tonne in August from $45 a tonne in January
 "Birla Corp rides high on low petcoke price")
Birla Corporation completes acquisition of Reliance Infra's cement business
It has acquired 100% equity shares of Reliance Cement Company Private Ltd
 "Birla Corporation completes acquisition of Reliance Infra's cement business")
Birla Corporation posts 278% jump in Q4 profit
Its turnover, in the period under review, rose by 16.6% at Rs 893 cr
 "Birla Corporation posts 278% jump in Q4 profit")
Birla Corp shareholders raise concerns over Reliance Cement takeover
Chairman Harsh Lodha justified the takeover as a "long-term bargain" that would help Birla Corp emerge as a strong national player
 "Birla Corp shareholders raise concerns over Reliance Cement takeover")
Birla Corporation Q4 net profit up by 314%
The company's resurgence in jute business & focus on bottom line featured as the reasons behind the performance.
