Birla Corporation's Q4 FY24 net profit soars 127.59%

07 May 2024 CW Team

Birla Corporation, a leading cement manufacturer, has reported a remarkable increase in its net profit for the fourth quarter of the fiscal year 2023-24. The company's net profit surged by an impressive 127.59%, signalling robust performance and growth in its operations despite prevailing market challenges.

According to the financial results released by Birla Corporation, its net profit for the fourth quarter of FY24 witnessed a substantial rise compared to the corresponding period in the previous fiscal year. This significant growth reflects the company's resilience and strategic initiatives aimed at driving profitability and enhancing shareholder value.

Birla Corporation's strong financial performance in Q4 FY24 can be attributed to various factors, including effective cost management, operational efficiencies, and favourable market conditions. Despite the volatility and uncertainties in the cement industry, the company has managed to capitalise on opportunities and deliver outstanding results.

The surge in net profit underscores Birla Corporation's ability to navigate through challenges and capitalise on market dynamics to achieve sustainable growth. The company's focus on innovation, quality, and customer satisfaction has positioned it as a key player in the cement sector, enabling it to capitalise on emerging opportunities and drive profitability.

As Birla Corporation continues to strengthen its market presence and expand its operations, its robust financial performance in Q4 FY24 reflects its resilience and commitment to delivering value to stakeholders. The company's strategic investments and prudent financial management have contributed to its success and position it for continued growth and success in the future.

Real Estate

01 Sep 2025

Pidilite PPS Sets New Standards in Hospitality Construction

In the fast-paced world of hospitality, where every surface tells a story and every detail impacts the guest experience, Pidilite Professional Solutions (PPS) is emerging as a trusted partner for performance-driven construction. Built on Pidilite’s legacy of customer-centric innovation, PPS offers tailored solutions that go far beyond materials—delivering expertise, accountability, and assurance from design to execution.PPS is a natural extension of how Pidilite has always worked—through deep insight into customer needs and by designing fit-for-purpose solutions. Pidilite’s brands..

Rs 2.82 Billion Approved for NH-48 Flyovers, Footbridges

Gurugram’s section of National Highway 48 is set for a significant infrastructure upgrade, with the Central Government approving Rs 2.82 billion for the construction of four flyovers and nine foot overbridges along the Gurgaon–Kotputli–Jaipur corridor. This initiative aims to ease congestion, improve commuter safety, and boost regional connectivity, according to officials.The planned flyovers will be built at Panchgaon Chowk, Rathiwas, near the Hero Company, and Sahlawas. The nine foot overbridges will be constructed at Shikhopur, Manesar, Binola, Rathiwas, Malpura, Jaisinghpurkhera, Sid..

VSL Wins Rs 810-Cr O&M Deal for 810 MWp NGEL Solar Assets

VSL Renewable Services has secured a Rs 810 crore operation and maintenance (O&M) contract for 810 MWp of NTPC Green Energy’s (NGEL) solar power projects spread across Andhra Pradesh, Madhya Pradesh, and Rajasthan. The contract duration is 36 months.The tender, issued in January 2025, was divided into two lots: Lot 1 for 1,054 MWp and Lot 2 for 810 MWp. VSL emerged as the lowest bidder in both categories, but was awarded only Lot 2 in accordance with NTPC’s tender guidelines.Advanced Monitoring and Tailored StrategiesThe O&M scope will employ artificial intelligence and Internet of..