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Birla Corporation Swings to Q2 Profit on Higher Cement Sales and Jute Recovery

A rebound in cement volumes, coupled with a jute turnaround, powered the recovery despite monsoon-hit demand plus GST disruption.

Overview

  • Consolidated net profit reached Rs 90.48 crore for July–September, reversing a year-ago loss of Rs 25.19 crore.
  • Total income rose about 13% to roughly Rs 2,233 crore as cement sales volumes increased 7% to 4.25 million tonnes.
  • Revenue from the cement business stood at Rs 2,073.16 crore, with premium brands showing strong gains (Perfect Plus up 20% and Unique Plus up 28%).
  • The jute division delivered a cash profit of Rs 5 crore and revenue of Rs 133.03 crore after efficiency-led improvements.
  • The company flagged excessive rainfall, weak pricing and September GST changes as near-term headwinds, while shares rose 2.15% on the BSE and peer JSW Cement also posted a Q2 profit.