Earnings | Birla Corporation Limited (NSE: BIRLACORPN): Q4FY23 Results Out; Total Income rises 7% YoY.

Birla Corporation Limited is a leading cement manufacturing company based in India. Established in 1919, the company has since diversified its operations to include jute and other industries. Birla Corporation is known for producing high-quality cement and building materials for a variety of applications, including infrastructure, housing, and commercial construction. The company has several manufacturing plants located in various parts of India, and has a strong focus on research and development to produce innovative and sustainable products.

• Birla Corporation Limited reported Total Income for Q4 FY23 of ₹2,511 Crore up from ₹ 2,333 Crore year on year, a growth of 7%.
• Total Expenses for Q4 FY23 of ₹2,417 Crore up from ₹2,141 Crore year on year, a growth of 13%.
• Consolidated Net Profit of ₹85 Crore, down 23% from ₹111 Crore in the same quarter of the previous year. 
• The Earnings per Share is ₹11.03, down 23% from ₹14.42 in the same quarter of the previous year.