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

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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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