Birla Corporation Limited — Others, 04-02-2025: Change in Director(s)
04-02-2025 | 05:39 pm
04-02-2025 | 05:39 pm
Birla Corporation Limited's Board has approved unaudited financial results for the quarter and nine months ended December 31, 2024, reporting a total income of ₹2,256.65 crore. The company faced a net loss of ₹70.16 crore during this period. Additionally, Smt. Shailaja Chandra's term as an Independent Director has concluded, while Shri Rajesh Kakkar's term has been extended for another year. The closure of the PVC Flooring Plant at the Birla Vinoleum Division was also approved due to its suspension since 2014, having minimal impact on overall operations. This update may evoke a neutral sentiment among investors, given the focus on management stability amidst restructuring efforts.
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