Cement major Birla Corporation Ltd today reported a 97.7 per cent decline in its net profit for the September quarter at Rs 1.46 crore.
The company had posted a bottomline of Rs 65.43 crore in the corresponding period a year ago.
Revenue from operations, however, grew 14.41 per cent year-on-year to Rs 1,235.49 crore in the quarter under review compared with Rs 1,079.83 crore in the year-ago period.
More From This Section
Birla Corporation's total expenses rose 17.64 per cent to Rs 1,247.11 crore in July-September as against Rs 1,060.02 crore in same period last year.
Disclaimer: No Business Standard Journalist was involved in creation of this content