Conference Call with Birla Corporation Management and Analysts on Q1FY25 Performance and Outlook. Listen to the full earnings transcript.
Cement & Cement Products company Birla Corporation announced Q1FY25 results: Cement Division: Revenue: Rs 2,207 crore in Q1FY25, down 8.9% from Rs 2,423 crore in Q1FY24. EBITDA: Rs 275 crore in Q1FY25, a decrease of 12.4% compared to Rs 314 crore in Q1FY24. Cash Profit: Rs 190 crore in Q1FY25, down 12.4% from Rs 217 crore in Q1FY24. Net Profit: Rs 33 crore in Q1FY25, showing a significant decline of 45.0% from Rs 60 crore in Q1FY24. Realization per Ton: Rs 4,820 in Q1FY25, a decrease of 6.9% from Rs 5,180 in Q1FY24. EBITDA per Ton: Rs 603 in Q1FY25, down 9.2% from Rs 664 in Q1FY24. Jute Division: Birla Jute Mills, or the Jute Division of the Company, registered a cash loss of Rs 3.9 crore in the June quarter against a cash profit of Rs 6.4 crore last year. The jute goods industry is faced with multiple challenges, which forced major mills to scale back production. Despite improving production of value-added products, revenue from export of shopping bags dropped 26% from last year to Rs 11.9 crore owing to non-availability of containers and increase in freight. Result PDF
Conference Call with Birla Corporation Management and Analysts on Q4FY24 Performance and Outlook. Listen to the full earnings transcript.
Cement & Cement products company Birla Corporation announced Q4FY24 & FY24 results: Q4FY24 Financial Highlights: Record cement sales by volume and 127% growth in net profit. Capacity utilization of 97% achieved for the March quarter. Consolidated net profit: Rs 193 crore, a YoY growth of 127.1%. Consolidated revenue: Rs 2,682 crore, a growth of 6.8% from the same period last year. Cement Division’s EBITDA per ton: Rs 964, a growth of 56.7% from the same period last year. Cement sales by volume: 4.85 million tons, up 9.4% from the same period a year ago, a record high. Sales of premium products: 55% of total sales for the March quarter. FY24 Financial Highlights: Full year operating profit margin: 15.52%, a growth of over 630 basis points. Full year net profit: Rs 421 crore, more than 10 times the net profit in the previous year. Full year revenue: Rs 9,748 crore, up 10.8%. Power and fuel costs per ton of cement production: Fell 23.8% in the full year. Use of renewable power: Increased to 24.15% of power consumed for the full year. Cement Division’s EBITDA per ton: Rs 808 for the full year, up 69% YoY. Capacity utilization: 89% for the full year, up from 81% in the previous year. Sales of premium products: 54% of total sales for the full year. Sales of high-yielding blended cement by volume: 15.01 million tons for the full year, up 6%. Result PDF