Birla Corp Q4 Profit Rises 33%, Eyes Expansion by 2029

14 May 2025 CW Team

Quarterly revenue rose 7 per cent year-on-year to Rs 28.63 billion, while EBITDA per tonne increased to Rs 1,014. The operating margin for the cement division improved to 20 per cent, from 18.6 per cent a year ago.

The company has now approved a capital investment of Rs 43.35 billion to expand capacity from 20 million tonnes to 27.6 million tonnes by FY2029. This includes Rs 23 billion to scale up the Maihar clinker unit in Madhya Pradesh, and Rs 20.35 billion for three new grinding units in Prayagraj, Gaya, and Aligarh.

Despite industry-wide pricing pressure—with FY25 cement prices 4–5 per cent lower than the previous year—Birla Corp maintained strong performance through cost control and operational efficiency. Power and fuel costs dropped 14 per cent year-on-year to Rs 1,035 per tonne, and the share of renewable energy usage rose to 24.8 per cent.

Premium products saw 11 per cent volume growth, with flagship brand Perfect Plus expanding 15 per cent. Premium products now account for 60 per cent of trade channel sales, up from 54 per cent the previous year.

Full-year cement sales volume grew 2.5 per cent to 18.1 million tonnes, though full-year net profit declined 30 per cent to Rs 2.95 billion due to weak pricing in the first eight months. FY25 consolidated revenue stood at Rs 93.12 billion, down 4 per cent year-on-year.

The company also entered the ready-mix concrete segment, showing promising initial results in Uttar Pradesh.

The Board reappointed Sandip Ghose as Managing Director and CEO for a further three-year term from January 2026, recognising his role in product premiumisation and scaling up the Mukutban plant.

The jute division, after three loss-making quarters, posted a Rs 44.3 million cash profit in Q4, thanks to reduced conversion costs, better order execution, and higher daily production. The division aims to become the most cost-efficient and profitable jute manufacturer in the country, with renewed R&D partnerships and improved operational metrics.

Image Generated by ChatGPT

Birla Corporation Limited ended FY2024–25 on a strong note, posting a consolidated net profit of Rs 2.57 billion in the March quarter—up 33 per cent year-on-year—after three difficult quarters for the cement sector. Supported by a rise in demand and prices, capacity utilisation reached 105 per cent during the quarter.Quarterly revenue rose 7 per cent year-on-year to Rs 28.63 billion, while EBITDA per tonne increased to Rs 1,014. The operating margin for the cement division improved to 20 per cent, from 18.6 per cent a year ago.The company has now approved a capital investment of Rs 43.35 billion to expand capacity from 20 million tonnes to 27.6 million tonnes by FY2029. This includes Rs 23 billion to scale up the Maihar clinker unit in Madhya Pradesh, and Rs 20.35 billion for three new grinding units in Prayagraj, Gaya, and Aligarh.Despite industry-wide pricing pressure—with FY25 cement prices 4–5 per cent lower than the previous year—Birla Corp maintained strong performance through cost control and operational efficiency. Power and fuel costs dropped 14 per cent year-on-year to Rs 1,035 per tonne, and the share of renewable energy usage rose to 24.8 per cent.Premium products saw 11 per cent volume growth, with flagship brand Perfect Plus expanding 15 per cent. Premium products now account for 60 per cent of trade channel sales, up from 54 per cent the previous year.Full-year cement sales volume grew 2.5 per cent to 18.1 million tonnes, though full-year net profit declined 30 per cent to Rs 2.95 billion due to weak pricing in the first eight months. FY25 consolidated revenue stood at Rs 93.12 billion, down 4 per cent year-on-year.The company also entered the ready-mix concrete segment, showing promising initial results in Uttar Pradesh.The Board reappointed Sandip Ghose as Managing Director and CEO for a further three-year term from January 2026, recognising his role in product premiumisation and scaling up the Mukutban plant.The jute division, after three loss-making quarters, posted a Rs 44.3 million cash profit in Q4, thanks to reduced conversion costs, better order execution, and higher daily production. The division aims to become the most cost-efficient and profitable jute manufacturer in the country, with renewed R&D partnerships and improved operational metrics.Image Generated by ChatGPT

Infrastructure Urban

17 Sep 2025

DCPC Prepares for Special Campaign 5.0 with Focus on E-Waste

The Department of Chemicals and Petrochemicals (DCPC), Ministry of Chemicals and Fertilisers, is gearing up for Special Campaign 5.0, to be held from 2nd to 31st October 2025. The initiative will focus on e-waste disposal as per MoEFCC’s E-Waste Management Rules 2022, space optimisation, and enhancing workplace efficiency across field offices.Special Campaign 4.0, conducted between October 2023 and October 2024, delivered notable results in record management, grievance redressal, scrap disposal, and cleanliness drives.Key outcomes of Special Campaign 4.0Records management: 2,443 physical fil..

Real Estate

17 Sep 2025

BlackRock India Leases 1.4 Lakh Sq Ft in Bengaluru

BlackRock Services India, the domestic arm of global asset manager BlackRock, has leased 1.4 lakh sq ft of office space at IndiQube Symphony in Bengaluru, according to Propstack data. The 10-year deal is valued at around Rs 4.10 billion.The lease, among the largest transactions in India’s co-working sector, highlights the growing preference of global institutions for flexible office providers. The agreement, commencing October 1, 2025, covers ground plus five floors in KNG Tower 1 at Ashoknagar, MG Road — one of Bengaluru’s prime commercial hubs.As per the lease document, BlackRock will ..

Infrastructure Transport

17 Sep 2025

L&T Bags Rs 25–50 Bn Order for Mumbai-Ahmedabad Bullet Train Track Works

Larsen & Toubro’s (L&T) Transportation Infrastructure business has secured an order valued between Rs 25 crore and Rs 50 billion from the National High Speed Rail Corporation Limited (NHSRCL) for the Mumbai-Ahmedabad High Speed Rail (MAHSR) corridor.The contract, Package T1, involves the design, supply, construction, testing, and commissioning of 156 route km of high-speed ballastless track on a Design-Build Lump Sum Price basis. The stretch runs from Mumbai’s Bandra-Kurla Complex to Zaroli village in Gujarat and includes 21 km of underground track and 135 km of elevated viaduct.Se..