Birla Corp Q2 Revenue Up 9% To ₹2,441 Cr Amidst Cost Pressures

Birla Corporation Limited reported a 9.3% increase in consolidated revenue for the September quarter, reaching ₹2,441 crore from ₹2,233 crore in the same period last year. Despite a 7% year-on-year growth in cement sales volume to 4.54 million tons, profitability was impacted by a significant rise in input costs, including a 64% increase in pet coke prices. Consequently, EBITDA per ton for the Cement Division fell to ₹482 from ₹712 year-on-year, and consolidated net profit declined by 58.9% to ₹37 crore. The company is mitigating cost pressures by increasing green power consumption to 32% and commencing coal extraction from its Bikram mine, expected to reduce fuel costs. Blended cement sales accounted for 86% of total sales, with a focus on the remunerative trade channel.