Birla Corporation Ltd's Q3FY25 Quarter Results
- 05 Feb 2025
Result Summary
- Birla Corporation Ltd reported a 15.3% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a decline of 2.4%.
- Its expenses for the quarter were up by 11.2% QoQ and 2.6% YoY.
- The net profit decreased 223.8% QoQ and decreased 71.4% YoY.
- The earnings per share (EPS) of Birla Corporation Ltd stood at 4.1 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 2272.07 | 1969.78 | 2328.31 | 15.3% | -2.4% |
Total Expenses | 2230.73 | 2005.47 | 2174.84 | 11.2% | 2.6% |
Profit Before Tax | 41.34 | -35.69 | 153.47 | -215.8% | -73.1% |
Tax | 10.15 | -10.50 | 44.33 | -196.7% | -77.1% |
Profit After Tax | 31.19 | -25.19 | 109.14 | -223.8% | -71.4% |
Earnings Per Share | 4.10 | -3.30 | 14.20 | -224.2% | -71.1% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Birla Corporation Ltd is a leading Indian company primarily engaged in the production of cement. It operates in the building materials industry and offers a range of cement products that include Portland Pozzolana Cement, Ordinary Portland Cement, and special cement types for various construction needs. The company is part of the MP Birla Group, which has significant interests in various sectors including cement, jute, cables, and more. As of the latest updates, Birla Corporation has been focusing on expanding its production capacity and enhancing its distribution network to cater to growing demands in the construction sector. However, details on any recent major developments are not available from the data provided.
Revenue
In the third quarter of the fiscal year 2025 (Q3FY25), Birla Corporation Ltd reported a total income of ₹2272.07 crores. This marks an increase of 15.3% when compared to the previous quarter (Q2FY25), where total income was ₹1969.78 crores. However, when compared to the same quarter in the previous year (Q3FY24), there is a slight decrease of 2.4% from ₹2328.31 crores. This mixed performance in revenue reflects varying market conditions over the comparative periods. The fluctuations in total income suggest adjustments in sales volume or pricing strategies over the quarters.
Profitability
For Q3FY25, Birla Corporation Ltd recorded a profit before tax of ₹41.34 crores, a significant recovery from a loss of ₹35.69 crores in Q2FY25. This turnaround represents a quarter-over-quarter increase of 215.8%. However, when compared to Q3FY24, the profit before tax has decreased by 73.1% from ₹153.47 crores. The company's profit after tax in Q3FY25 was ₹31.19 crores, compared to a loss of ₹25.19 crores in the previous quarter, showcasing a notable improvement. However, this is a decline of 71.4% compared to the ₹109.14 crores profit after tax in Q3FY24. The earnings per share for Q3FY25 were ₹4.10, which improved from a negative EPS of ₹-3.30 in Q2FY25, but decreased from ₹14.20 in Q3FY24.
Operating Metrics
Total expenses for Birla Corporation Ltd in Q3FY25 amounted to ₹2230.73 crores, which is an 11.2% increase from Q2FY25 expenses of ₹2005.47 crores. Comparing year-over-year, there is an increase of 2.6% from Q3FY24 expenses of ₹2174.84 crores. This indicates that operational costs have risen both on a quarterly and annual basis. The tax expense for Q3FY25 was ₹10.15 crores, moving from a negative tax position in Q2FY25 of ₹-10.50 crores, and showing a reduction of 77.1% from the tax expense of ₹44.33 crores in Q3FY24. These financial movements indicate changes in cost structures, tax liabilities, and potentially operational efficiencies or inefficiencies over the periods in question.
