Birla Corporation increases sales as profit drops in 2023 financial year

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India: Birla Corporation recorded sales of US$1.06bn throughout the 2023 financial year, up by 16% year-on-year from 2022 financial year levels. The company’s cement segment contributed US$1bn in sales, up by 17% and corresponding to 95% of group sales. Group net profit was US$4.94m, down by 90% year-on-year from the previous financial year.

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URL: https://www.globalcement.com/news/item/15717-birla-corporation-increases-sales-as-profit-drops-in-2023-financial-year

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