Birla Group Q2 profit at Rs 58.37 cr, revenue up 14% to Rs 2,285.8 cr – ET Infra

NEW DELHI: MP Birla Group firm Birla Corporation Ltd on Wednesday reported a consolidated net profit of Rs 58.37 crore for the second quarter ended September 2023. It had posted a net loss of Rs 56.46 crore in the July-Septemer period a year ago, according to a regulatory filing from Birla Corporation.

Birla Corporation’s revenue from operations was up 14.3 per cent to Rs 2,285.83 crore during the quarter in comparison to Rs 1,999.83 crore in the corresponding period a year ago.

Birla Corporation’s revenue from the cement business was at Rs 2,178.32 crore, up 16.17 per cent compared to Rs 1,875.02 crore a year ago in the September quarter.

Its revenue from jute business was down 13.23 per cent to Rs 107.60 crore.

The total income of Birla Corporation was Rs 2,313.23 crore, up 13.30 per cent over the year-ago period.

Shares of Birla Corporation Ltd on Wednesday settled at Rs 1,285.90 on BSE, down 0.16 per cent.

  • Published On Nov 8, 2023 at 06:02 PM IST

Join the community of 2M+ industry professionals

Subscribe to our newsletter to get latest insights & analysis.

Get updates on your preferred social platform

Follow us for the latest news, insider access to events and more.

Source link

Leave a Comment

Your email address will not be published. Required fields are marked *

Open chat
How May I Help You.
Scan the code
Vishwakarma Guru Construction
Hello Sir/Ma'am, Please Share Your Query.
Call Support: 8002220666