Birla Corporation Q1 net at Rs 92 crore

Kolkata, Aug 1: Birla Corporation Limited, the flagship company of the M P Birla Group, has reported a turnover of Rs 459.03 crore and a net profit of Rs 91.82 crore in the first quarter of the FY 2008-09.

A company release said here today that the operating profit was Rs 137.74 crore and profit before tax Rs 122.96 crore. The company recorded a net profit of Rs 91.82 crore. The earning per share was Rs 11.92. With the lifting of suspension of operation at the company's cement plant at Durgapur with effect from July nine. Mr Rajendra S Lodha, Chairman of Birla Corporation Limited, hoped enhanced production would strengthen the company's marketing push in the eastern region.

UNI