Quarterly Result9 May 2025, 06:02 pm
Birla Corporation Ltd Announces Strong March Quarter Results with 33% YoY Net Profit Growth and Capacity Expansion by FY28-29
AI Summary
Birla Corporation Ltd concluded FY24-25 with robust quarterly production and sales by volume, resulting in a consolidated net profit of Rs 257 crores for the March quarter, a 33% year-on-year (yoy) growth. The company is now embarking on its next phase of growth with an investment of Rs 4,335 crores to scale up the production capacity from 20 million tons (mt) to 27.6 mt by 2028-29. The expansion includes an integrated unit and three new grinding units.
Key Highlights
- Consolidated net profit for the March quarter grew 33% yoy to Rs 257 crores
- Company approved an investment of Rs 4,335 crores to scale up the production capacity from 20 million tons (mt) to 27.6 mt by 2028-29
- Expansion includes an integrated unit and three new grinding units
- Power and fuel costs for the March quarter were at Rs 1,001 per ton, down 9% yoy
- Jute business reported a cash profit of Rs 4.43 crore in the March quarter