Birla Corporation net profit increased by 127% YoY

Birla Corporation Ltd is mainly engaged in the cement manufacturing business, Its shares surged by 7.3% after reporting a 127% rise in Q4FY24 net profit to ₹193 crores compared to ₹85 crores in Q4FY23. Total revenue for Q4FY24 rose to 8%. For FY23-24, net profit grew 927% to ₹421 crores, total revenue increased by 11% to ₹9,663 crores.