Sales fell by 10% to US$650m from US$724m, while earnings before interest, taxation, depreciation and amortisation (EBITDA) fell by 2% to US$141m from US$144m. The company said the results of the period are not comparable due to its acquisition of Reliance Cement Company which became its wholly-owned subsidiary from August 22, 2016. Birla Corporation, the flagship company of the MP Birla group, Saturday announced a 24.26% slide in its net profit to Rs.84.74 crore for the quarter ended June 30, â¦ Birla Corp Q3 Review - Expansion Plans Provide Growth Visibility: Motilal Oswal . Birla Corporation's consolidated net profit soared 82.1percent to Rs 148.42 crore on 3.6percent rise in net sales to Rs 1,776.62 crore in Q3 December 2020 over Q3 December 2019. India: Birla Corporation recorded a net profit of US$52.2m in the nine-month period which ended on 31 December 2020, up by 23% year-on-year from US$42.6m in the corresponding period of 2019. Birla Corporation Limited (BCL) the flagship company of the M.P. The company was incorporated as Birla Jute Manufacturing Company Limited in the year 1919. Birla Corp's net profit jumps over 3 fold to Rs 94 crore. Since the company is operating at a â¦ âThe recovery will be a â¦ Kolkata, Jan 23 (PTI) MP Birla Group flagship Birla Corporation Ltd on Saturday said its consolidated net profit jumped 82.1 per cent year-on-year to Rs 148.42 crore for the third quarter of the current fiscal on the back of cost rationalisation and higher sales. ... Indian business and financial news company. The Aditya Birla Group employs more than 120,000 employees across 36 countries and earns over 50% of its revenues from overseas, according to its website. Latest Birla Corporation Ltd News and Updates, Special Reports, Videos & Photos of Birla Corporation Ltd on The Hindu BusinessLine. Birla Corporation Ltd, the MP Birla Group flagship, reported an over 82 per cent increase in consolidated net profit to â¹148 crore for the third quarter ended December 31, â¦ Birla Group is primarily engaged in the manufacturing of cement as its core business activity. Birla Corporation's sales volumes grew 3.2% year-on-year (y-o-y) to 3.55 million tonnes in the December quarter. The flagship firm of the M P Birla Group had posted a net profit for the period of Rs 24.95 crore in the year-ago period, Birla Corporation said in a filing to BSE today. Birla Corporation Q1 net profit at Rs 43.21 crore. It has significant presence in the jute industry as well.
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