Birla Corp to Invest ₹4,335 Crore in Production Capacity Scale-Up.

Cement major Birla Corporation, the flagship company of the MP Birla Group, along with its subsidiary RCCPL, is set to embark on its next phase of growth with a substantial investment of ₹4,335 crore to significantly scale up its production capacity.

The expansion strategy involves the establishment of three new grinding units and the expansion of an existing integrated unit. This move is aimed at bolstering the company's manufacturing footprint and meeting the growing demand for cement in the market.

The announcement of the ambitious expansion plan comes as Birla Corporation reported a robust financial performance for the fourth quarter of the last fiscal year. The company posted a consolidated net profit of ₹256.60 crore, marking a substantial 33 percent year-on-year increase compared to ₹193.34 crore recorded in the same period of the previous fiscal (FY24).

Revenue from operations also saw healthy growth, rising by 6 percent year-on-year to ₹2,814.91 crore in the fourth quarter, up from ₹2,654.44 crore in the corresponding period of FY24. The company attributed the strong growth in both revenue and profit to favorable market conditions, characterized by a rise in both demand and prices for cement during the quarter.