Birla Corporation Limited Reports Earnings Results for the Fourth Quarter and Full Year Ended March 31, 2024
May 04, 2024 at 07:36 am EDT
Share
Birla Corporation Limited reported earnings results for the fourth quarter and full year ended March 31, 2024. For the fourth quarter, the company reported sales was INR 26,564.3 million compared to INR 24,625.7 million a year ago. Revenue was INR 26,821.2 million compared to INR 25,116.8 million a year ago. Net income was INR 1,933.4 million compared to INR 849.5 million a year ago. Basic earnings per share from continuing operations was INR 25.1 compared to INR 11.03 a year ago.
For the full year, sales was INR 96,627.2 million compared to INR 86,822.7 million a year ago. Revenue was INR 97,482.9 million compared to INR 87,953.2 million a year ago. Net income was INR 4,205.6 million compared to INR 405 million a year ago. Basic earnings per share from continuing operations was INR 54.61 compared to INR 5.26 a year ago.
Birla Corporation Limited is an India-based holding company. The Company operates through three segments: Cement, Jute and Others. The Company is primarily engaged in the manufacturing of cement and clinker. It is also engaged in the manufacturing of jute products and steel castings. Its cement products have applications in industrial buildings, dams, cooling towers and bridges, among others. It manufactures varieties of cement, such as ordinary portland cement (OPC-43 & 53 grades), portland pozzolana cement (PPC-fly ash-based), portland slag cement (PSC), sulphate resistant cement and composite cement. The Company's cement products are marketed under the brand names of MP Birla Cement PERFECT PLUS, RAKSHAK, SAMRAT ADVANCED, ULTIMATE ULTRA, UNIQUE PLUS, SAMRAT, ULTIMATE, CHETAK, PSC, MULTICEM and CONCRECEM. Its jute products include jute yarn, floor and wall covering, lino hessian, decorative fabrics, nursery cloth, jute carpets, non-woven jute felt, and hydrocarbon-free bags/cloth.
BIRLA CORPORATION LIMITED 
