Tigers could halt greenfield Reliance cement plant
Birla Corp Ltd's greenfield plant for its Reliance cement subsidiary in Mukutban, Yavatmal district, India, has to wait for a four-member committee to pass wildlife clearance fo...
Birla Corp
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Birla Corp reports 27% net profit increase
India’s Birla Corp has posted a net profit of INR2.49bn (US$33.87m) in the 4QFY20-21, up 27 per cent YoY from INR1.95bn, as cement sales advanced 24.5 per cent YoY to 4.17Mt. Re...
Birla Corp appoints new CEO
The board of India’s Birla Corp has approved the appointment of Arvind Pathak as its new CEO and managing director for a period of three years, effective from 31 March 2021. The...
Birla Corp reports 82% rise in net profit
India’s Birla Corp has seen its net profit surge 82.1 per cent YoY to INR1.484bn (US$20.35m) in the December quarter, compared to INR814m in the 3QFY19-20. Revenue also increase...
Birla Corp to raise INR1.5bn through NCDs
India’s Birla Corp is set to raise around INR1.5bn (US$20.3m) through secured unlisted redeemable non-convertible debentures (NCDs). As such, the company has approved the allotm...
Birla Corp posts 89% rise in profit
India’s Birla Corp has posted a net profit of INR1.66bn (US$22.35m) for the quarter ending 30 September 2020, up 88.6 per cent YoY over the same period last year. EBITDA reached...
High Court orders removal of Birla Corp director
India’s Calcutta High Court has restricted Harsh Vardhan Lodha from holding any position in MP Birla Group companies with immediate effect. As a result, he will no longer be the...
Birla Corp to expand Durgapur grinding unit
India's Birla Corp, owned by MP Birla Group plans to expand the existing capacity of its grinding plant at West Bengal’s Durgapur by installing an INR725.7m (US$9.69m) cement gr...
Birla Corp subsidiary opts for ABB Ability Expert Optimizer
Birla Corp subsidiary RCCPL will employ ABB Ability™ Expert Optimizer and other digital technologies to maximise production at its new cement plant at Mukutban in Maharashtra, I...
Birla Corp posts 52% rise in net profit
India’s Birla Corp has posted a 52 per cent YoY surge in net profit to INR1.95bn (US$25.76m) in the quarter ending 31 March 2020, while total income was down 9.4 per cent to INR...