Birla Corporation Limited — Updates, 23-10-2024: Press Release

Birla Corporation Limited reported Q2 EBITDA of ₹194 crore, down from ₹316 crore last year, amid sluggish cement demand and falling prices. Consolidated revenue fell 14.8% year-on-year to ₹1,970 crore, with cement sales volume down 5% to 3.97 million tons. The company achieved 80% capacity utilization and continues to focus on premium products and cost rationalization initiatives. Although facing challenges in the Jute Division, Birla Corporation remains cautiously optimistic about demand recovery in the coming months.