Birla Corporation reports 68% rise in Q1 consolidated net profit

02 Aug 2019

Birla Corporation has reported results for first quarter ended June 30, 2019.

The company has reported over 2-fold jump in its net profit at Rs 102.16 crore for the quarter under review as compared to Rs 41.52 crore for the same quarter in the previous year. Total income of the company increased by 17.56% at Rs 1,313.09 crore for Q1FY20 as compared Rs 1,116.93 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a rise of 67.68% in its net profit at Rs 140.62 crore  for the quarter under review as compared to Rs 83.86 crore for the same quarter in the previous year. Total income of the company increased by 13.29% at Rs 1,900.67 crore for Q1FY20 as compared Rs 1677.64 crore for the corresponding quarter previous year.

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