India: Birla Corporation has reported revenues of US$250m for the second quarter of the 2027 financial year, up by 9.5% year-on-year. Net profit fell by 59% to US$3.9m, compared with US$9.5m in the corresponding quarter of the previous year. Earnings before interest, taxation, depreciation and amortisation (EBITDA) declined by 25% to US$23.9m, down from US$32.1m previously.
According to the company, cement sales volumes increased by 7% year-on-year to 4.5Mt in the second quarter of the present financial year. However, heavy rainfall disrupted construction activity in key markets, while higher input costs impacted profitability. The company also reported an increase of 13% in clinker costs and 15% in power and fuel costs.