Birla Corporation Shows Impressive Financial Growth and Strategic Expansion Plans

Birla Corporation Limited, the flagship entity of M P Birla group, announced a notable 32.7 per cent increase in its net profit, reaching Rs 256.60 crore in the fourth quarter of 2024-25. This is a considerable improvement compared to Rs 193.34 crore reported in the same quarter of the previous year. The company revealed these figures following a board meeting held on Friday.

Additionally, the company disclosed a 6.8 per cent rise in its consolidated total income, amounting to Rs 2,863.14 crore. This growth contrasts with Rs 2,680.13 crore recorded during the corresponding period last year, underscoring the company's improving financial landscape. As part of its strategic initiatives, Birla Corporation's board has greenlit the issuance of non-convertible debentures worth up to Rs 200 crore, to be done through a private placement in one or two tranches.

Further strengthening its market position, the company has also approved a capital expenditure program aimed at boosting its production capacity. The initiative includes establishing a greenfield cement grinding unit in Bihar with a planned capacity of 2.80 million tonnes annually, to be developed in phases. Notably, the company's debt-equity ratio has improved to 0.56 from 0.67, and its net profit margin increased to 9.27 per cent at the end of the last financial year's fourth quarter, up from 7.42 per cent in the previous period.

(With inputs from agencies.)