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.