Birla Corp - Healthy Demand-Driven Performance In Q4: Anand Rathi
Workers load sacks of cement onto a truck in Patna, India. (Photographer: Anindito Mukherjee/Bloomberg)

Birla Corp - Healthy Demand-Driven Performance In Q4: Anand Rathi

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BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

Anand Rathi Report

On greater demand and the low base, Birla Corporation Ltd.’s Q4 volumes, revenue and Ebitda were its highest ever despite rising costs, aided by firm prices.

Labour shortages slowed the Mukutban expansion.

Despite high capex plans, management’s focus is to keep net debt in check. The high share of premium cement, trade sales and blended cement sales are other positives.

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Anand Rathi Birla Corporation Company Update.pdf

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