Birla Corporation reports 82% rise in Q3 consolidated net profit

25 Jan 2021

Birla Corporation has reported results for third quarter ended December 31, 2020.

The company has reported a rise of 62.75% in its net profit at Rs 88.70 crore for the quarter under review as compared to Rs 54.50 crore for the same quarter in the previous year. Total income of the company increased by 4.56% at Rs 1,232.38 crore for Q3FY21 as compared Rs 1,178.62 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a rise of 82.13% in its net profit attributed to the owners at Rs 148.42 crore for the quarter under review as compared to Rs 81.49 crore for the same quarter in the previous year. Total income of the company increased by 5.04% at Rs 1,822.82 crore for Q3FY21 as compared Rs 1,735.39 crore for the corresponding quarter previous year.

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