Birla Corp.'s Net Declines

Birla Corp's Net Profit Dips By 43 %

Birla Corporation has posted its September 2015 quarter results as under.
Birla Corp's net profit stood at Rs 18.48 crore from Rs 32.46 crore for the corresponding period a year ago, a decrease of 43 %.
Birla Corp's net sales stood at Rs 801.78 crore from Rs 767.11 crore for the corresponding period a year ago.
Birla Corp's cement sales volume stood at 19.59 lakh tonnes from 19.12 lakh tonnes for the corresponding period a year ago.

Birla Corporation Limited, is the Kolkota-based flagship company of the M P Birla group of companies. The Cement Division of Birla Corporation Limited has seven plants, two each at Satna (M.P.) - Satna Cement Works & Birla Vikas Cement, Chanderia (Rajasthan) - Birla Cement Works & Chanderia Cement Works, Durgapur (W.B.) - Durgapur Cement Works & Durga Hitech Cement - and one at Raebareli (U.P.)-Raebareli Cement Works. The total installed cement capacity of Birla Corp. is 9.3 MPTA.

India Cements Excels

India Cements Posts A Whopping 5-Fold Increase In Net Profit For Q2

India Cements has reported a net profit of ₹41.04 crore for the quarter ended September 30, as against ₹7.49 crore for the corresponding period last year.
Total income was ₹1,082.37 crore for the quarter ended September 30, as against ₹1,135.85 crore for the corresponding period last year.
Net Plant Realisation was ₹3,887 per tonne for the quarter ended September 30, as against ₹3,506 per tonne for the corresponding period last year.
Total Sales Volume was 2.16 million tonne for the quarter ended September 30, as against 2.35 million tonne for the corresponding period last year.

Power and Fuel Costs were ₹220.20 crore for the quarter ended September 30, as against ₹265.13 crore for the corresponding period last year.
Finance Costs were ₹89.39 crore for the quarter ended September 30, as against ₹100.67 crore for the corresponding period last year.

Plant Capacity was at 60% utilisation for the quarter under review.
Clinker exports were also lower for the quarter under review.

India Cements has a total installed cement capacity of 15.5 MPTA. The company's annual turn-over is around ₹52.31 Billion. The company has 10 plants scattered across the country, though the bulk of it's operations are in South India.