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Birla Corporation consolidated net profit declines 55.45% in the March 2022 quarter

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Capital Market

Sales rise 6.17% to Rs 2264.21 crore

Net profit of Birla Corporation declined 55.45% to Rs 111.08 crore in the quarter ended March 2022 as against Rs 249.33 crore during the previous quarter ended March 2021. Sales rose 6.17% to Rs 2264.21 crore in the quarter ended March 2022 as against Rs 2132.61 crore during the previous quarter ended March 2021.

For the full year,net profit declined 36.75% to Rs 398.59 crore in the year ended March 2022 as against Rs 630.14 crore during the previous year ended March 2021. Sales rose 9.96% to Rs 7461.22 crore in the year ended March 2022 as against Rs 6785.45 crore during the previous year ended March 2021.

 
ParticularsQuarter EndedYear EndedMar. 2022Mar. 2021% Var.Mar. 2022Mar. 2021% Var.Sales2264.212132.61 6 7461.226785.45 10 OPM %12.2218.38 -14.8819.71 - PBDT291.30338.16 -14 966.131141.20 -15 PBT191.62237.63 -19 569.19770.44 -26 NP111.08249.33 -55 398.59630.14 -37

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First Published: May 12 2022 | 8:02 AM IST

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