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Birla corporation It is a company of M.P Birla Group. The Co is engaged in the manufacturing of cement of various kinds and also has a presence in the jute goods industry.
Birla Corp redeemed NCDs worth ₹80 Cr principal, plus ₹7.40 Cr interest, significantly reducing debt. This move leaves ₹20 Cr NCDs outstanding under different ISINs. A positive step towards balance sheet de-leveraging.
Birla Corp commissioned its Kundanganj plant for ₹300 Cr, expanding cement capacity to 21.4 MT, targeting 27.6 MT. It increased green power to 33%. Despite raw material issues, the jute division posted ₹4 Cr cash profit in Q1 from better pricing and cost cuts.
Birla Corp. released its FY26 Business Responsibility & Sustainability Report, showcasing strong ESG commitment. The company is advancing decarbonization with electric vehicles in mining and boosting renewable energy adoption. It also began accounting for Scope 3 emissions, enhancing sustainability disclosures.
Birla Corporation has commenced commercial production at its Bikram Coal Mine in Burhar, Shahdol, Madhya Pradesh. This operational milestone enhances raw material security and boosts efficiency, signaling a positive development for the company's cost structure.
Birla Corp clarifies Bikram Coal Mine's capacity in Madhya Pradesh. Extractable Reserves are 9.44 Million Tonnes, not its annual production. The mine's Peak Rated Capacity is 0.36 Million Tonnes Per Annum.