Birla Corporation has reported a net profit of Rs 18.48 crore in the second quarter to September 30 this year against a net profit of Rs 32.46 in the corresponding quarter last year.
Income from operations during the quarter was Rs 801.78 crore (Rs 767.11 crore).
The company said last month it commissioned 5-lakh tonne cement blending unit at Rae Bareli.
Birla Corporation’s stock closed 2 per cent down at Rs 423 on BSE on Wednesday.
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.