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Birla Corporation posts 278% jump in Q4 profit

Its turnover, in the period under review, rose by 16.6% at Rs 893 cr

Birla Corporation posts 278% jump in Q4 profit

Backedbygoodgrowthinsalesofbothcementandjute,BirlaCorporationpostedanincreaseof278.07percentatRs94.33croreinitsnetprofitforthequarterendedJune30,2016. Thecompany'snetprofitduringthecorrespondingquarterofthelastfiscalyearstoodatRs24.95crore. Itsturnover,intheperiodunderreview,roseby16.61percentatRs893.57croreasagainstRs.766.27croreearnedduringApril-Junelastyear. Thecompanydispatched21.67lakhtonnesofcementduringtheperiodunderreviewagainst19.56lakhtonsduringthecorrespondingperiodthe ...