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Birla Corporation reports marginal fall in Q4 consolidated net profit

04 May 2019

Birla Corporation has reported results for fourth quarter and year ended March 31, 2019.

The company has reported a fall of 18.61% in its net profit at Rs 87.45 crore for the quarter under review as compared to Rs 107.45 crore for the same quarter in the previous year. However, total income of the company increased by 17.30% at Rs 1,296.10 crore for Q4FY19 as compared Rs 1,104.92 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a marginal fall of 2.23% in its net profit at Rs 128.19 crore for the quarter under review as compared to Rs 131.12 crore for the same quarter in the previous year. However, total income of the company increased by 12.74% at Rs 1,897.18 crore for Q4FY19 as compared Rs 1,682.81 crore for the corresponding quarter previous year.

For the year ended March 31, 2019, the company has reported a rise of 19.67% in its net profit at Rs 137.78 crore as compared to Rs 115.13 crore for the previous year. Total income of the company increased by 14.37% at Rs 4,504.66 crore for year under review as compared to Rs 3,938.65 crore for year ended March 31, 2018.

For the year ended March 31, 2019, on the consolidated basis, the company has reported a rise of 66.09% in its net profit at Rs 255.70 crore as compared to Rs 153.95 crore for the previous year. Total income of the company increased by 10.22% at Rs 6,627.20 crore for year under review as compared to Rs 6,012.94 crore for year ended March 31, 2018.

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