Birla Corporation reports 94-percent on-year rise in net profit
Birla Corporation, an M P Birla Group company, today reported a 94-percent on-year rise in its net profit for the June quarter to Rs 84 crore.
Cement production for the period was 35.45 lakh tonnes as against 32.91 lakh tonnes a year ago, reflecting an increase of 8 percent.
There was a marked improvement in realizations during the quarter under review in all the regions except north, which was partly offset by a sharp increase in input costs, especially fuel, the release added.
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