InvestorQ : I want to know about the results of Birla Corporation for the latest quarter?
Sam Eswaran made post

I want to know about the results of Birla Corporation for the latest quarter?

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Tisha Malhotra answered.
2 days ago
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Birla Corporation sales revenues grew by 6.17% for the March 2022 quarter at Rs2,264 crore on a consolidated basis. FY22 full year revenues were up 9.96% at Rs7,461 crore. The revenue growth was flat to moderate in its core cement business and the secondary jute business. While volume growth was visible the price realizations were tepid, keeping total sales in check. Cash from operations for Q4FY22 were lower in FY22 as pressure from higher inventory costs and lower trade payables, put credit pressure on working capital cycle.

Birla Corporation

Rs in Crore

Mar-22

Mar-21

YOY

Dec-21

QOQ

Total Income (Rs cr)

₹ 2,264

₹ 2,133

6.17%

₹ 1,750

29.38%

Net Profit (Rs cr)

₹ 111

₹ 249

-55.45%

₹ 60

83.76%

Diluted EPS (Rs)

₹ 14.42

₹ 32.38

₹ 7.85

Net Margins

4.91%

11.69%

3.45%

  

Net profits for Q4FY22 were lower by -55.5% at Rs111 crore and this was on account of sharply higher cost of inputs as well as a spike in power and fuel charges. In addition, the company also took an exceptional write-off to the tune of Rs.38 crore as interest on Uttar Pradesh entry tax. Net margins were 4.91% in Q4FY22 quarter compared to 11.69% in Q4FY21. The impact of the input cost hike and higher power and fuel charges were seen in operating profit margin falling to 12.44% compared to 18.89% in year ago quarter.

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