Birla Corp Consolidated September 2022 Net Sales at Rs 1,999.83 crore, up 17.79% Y-o-Y
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Birla Corporation posts Rs 56.46 crore consolidated net loss in Q2
The company said profitability was impaired by a sharp increase in power and fuel costs, which could not be passed on to consumers08-11-2022
Q2FY23 Quarterly Result Announced for Birla Corporation Ltd.
Cement & cement products company Birla Corporation announced Q2FY23 results: EBITDA for the September quarter fell 51.6% YoY to Rs 136 crore. The Company’s sales by volume in the September quarter at 3.64 million tons represents an 11% growth over the same period last year. On a comparable basis (excluding sales from Mukutban), sales by volume were up 7.6%, and revenue for the September quarter (including jute) at Rs 2,042 crore was up 19.3% YoY. Adjusted for the increase in production capacity, revenue for the September quarter grew 16.2% Birla Corporation suffered a net loss of Rs 56 crore in the September quarter against a net profit of Rs 86 crore in the same period last year. The Company’s bottom line was also impacted by higher interest and depreciation costs on account of the Mukutban unit, which was set up at an investment of Rs 2,744 crore. When scaled up to full 2 capacity, the Mukutban unit will augment the Company’s production capacity to 20 million tons. Result PDF08-11-2022
BIRLA CORPORATION LTD. - 500335 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
Please find enclosed a copy of the Press Release issued by the Company after the conclusion of the Board Meeting held on 8th November, 2022. A copy of the same will also be uploaded on the Company''s website at www.birlacorporation.com.08-11-2022
BIRLA CORPORATION LTD. - 500335 - Announcement under Regulation 30 (LODR)-Resignation of Managing Director
Shri Arvind Pathak (DIN: 00585588), the incumbent Managing Director & Chief Executive Officer of the Company, has tendered his resignation effective closing business hours of 31st December, 2022..08-11-2022
BIRLA CORPORATION LTD. - 500335 - Announcement under Regulation 30 (LODR)-Change in Directorate
The Board of Directors of the Company has interalia taken on record/approved the following: 1. Shri Arvind Pathak (DIN: 00585588), the incumbent Managing Director & Chief Executive Officer of the Company, has tendered his resignation effective closing business hours of 31st December, 2022. 2. The Board of Directors based on the recommendation of the Nomination and Remuneration Committee has appointed Shri Sandip Ghose (DIN: 08526143) as an Additional Director and simultaneously the Wholetime Director of the Company for the period from 1st December, 2022 till 31st December, 2022 and also designated him as the Key Managerial Personnel of the Company with effect from 1st December, 2022. Consequent upon cessation of office of Shri Arvind Pathak as the Managing Director & Chief Executive Officer of the Company, Shri Sandip Ghose shall be elevated to the position of Managing Director & Chief Executive Officer of the Company for a period of three years with effect from 1st January, 2023.08-11-2022
BIRLA CORPORATION LTD. - 500335 - Consolidated And Standalone Unaudited Financial Results For The Quarter And Half-Year Ended 30Th September, 2022
This is to inform that the Board of Directors of the Company at its meeting held today i.e. 8th November, 2022 has, inter alia, considered and approved the Standalone and Consolidated Unaudited Financial Results of the Company for the quarter and half year ended 30th September, 2022. The Standalone and Consolidated Unaudited Financial Results of the Company for the quarter and half year ended 30th September, 2022 along with the Limited Review Report(s) (Standalone and Consolidated) of the Statutory Auditors of the Company are enclosed herewith.08-11-2022
BIRLA CORPORATION LTD. - 500335 - Board Meeting Outcome for Consolidated And Standalone Unaudited Financial Results For The Quarter And Half-Year Ended 30Th September, 2022
This is to inform that the Board of Directors of the Company at its meeting held today i.e. 8th November, 2022 has, inter alia, considered and approved the Standalone and Consolidated Unaudited Financial Results of the Company for the quarter and half year ended 30th September, 2022. The Standalone and Consolidated Unaudited Financial Results of the Company for the quarter and half year ended 30th September, 2022 along with the Limited Review Report(s) (Standalone and Consolidated) of the Statutory Auditors of the Company are enclosed herewith..08-11-2022
Here's why Mehul Kothari expects a turnaround in Birla Corp, IEX
According to the technical analyst from Anand Rathi, IEX can be bought for a target of Rs 156, while Birla Corp can rally to Rs 1,020.04-11-2022
BIRLA CORPORATION LTD. - 500335 - Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
Pursuant to Regulation 39(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed the details of share certificates which have been reported as lost from the custody of the Shareholder and the Company has received request for issue of Duplicate Share Certificates in lieu thereof. Pursuant to SEBI Circular No. SEBI/HO/MIRSD/MIRSD_RTAMB/P/CIR/2022/8 dated 25th January, 2022, the Company/Registrar and Share Transfer Agent shall issue 'Letter of Confirmation' to the shareholder/rightful owner after completion of required formalities.01-11-2022