Birla Group flagship firm Birla Corporation Ltd on Friday (May 9) reported a 32.8% year-on-year (YoY) jump in net profit at ₹256.6 crore for the fourth quarter that ended March 31, 2025. In the corresponding quarter of the previous fiscal, the company posted a net profit of ₹193.3 crore.
Revenue from operations increased 6.1% YoY to ₹2,815 crore against ₹2,654 crore last year. EBITDA was up 13.1% to ₹534 crore over ₹472 crore in Q4FY24. The EBITDA margin expanded to 19% from 17.8%.
Also Read: Birla Corp Q3 results: Net profit declines 72% on lower cement prices, cement sales volume up 7%
Higher capacity utilisation
An uptick in demand and prices during the quarter led to better realisation and a higher capacity utilisation of 105% in the March quarter. Though realisation for the quarter at ₹5,103 per tonne was still marginally lower than the same period last year (₹5,178 per tonne) owing to the changed geographical mix, consolidated revenue for the quarter at ₹2,863 crore was 7% higher YoY.
EBITDA per tonne rose to ₹1,014, one of the highest in recent years. It represents a growth of 5% YoY and 78% sequentially. The cement division’s operating profit margin was 20% for the March quarter, compared to 18.6% in the same period last year, and 14% for the full year (15.5% in FY23-24).
Through robust cash flow generation, Birla Corporation has reduced its net debt to ₹2,244 crore at the end of March against ₹3,003 crore a year earlier. The company’s cost of borrowing at the end of March was 7.56%, down 35 basis points.
Also Read: Birla Corp eyes margin improvement as cement prices rise
Dividend
Birla Corporation has recommended a dividend of ₹10 per share (100%) on 7,70,05,347 ordinary shares for FY2024-25. The dividend will be paid within 30 days of approval by shareholders at the upcoming annual general meeting.
The board has also approved a capital expenditure plan to increase its cement production capacity. This will be done by setting up a greenfield cement grinding unit in Gaya, Bihar, with a capacity of 2.80 million tonnes per annum, to be implemented in phases.
In addition, the company has cleared a proposal to issue redeemable non-convertible debentures (NCDs) aggregating up to ₹200 crore on a private placement basis, in one or more tranches. This will be done within the overall borrowing limits approved by shareholders.
Also Read: Birla Corp plans ₹800 crore capex this year and 5 million tonne capacity expansion by 2027
The results came after the close of the market hours. Shares of Birla Corporation Ltd ended at ₹1,060, up by ₹4.35, or 0.41%, on the BSE.
