BIRLACORPNNSEBirla Corporation Limited· Cement And Cement ProductsHighPositive
Announced Fri, 9 May · 18:05 IST

Birla Corporation Limited has informed the Exchange that Board of Directors at its meeting held on May 09, 2025, recommended Final Dividend of Rs. 10 per equity share.

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Birla Corporation's Board (meeting on May 9, 2025) approved audited standalone and consolidated results for Q4 and FY25, and recommended a final dividend of Rs. 10 per share (100% on Rs. 10 face value), totalling Rs. 77.01 crore, subject to shareholder approval. Consolidated FY25 revenue stood at Rs. 9,214.49 crore (down from Rs. 9,656.22 crore in FY24) and net profit was Rs. 295.22 crore (down from Rs. 420.56 crore), pressured by a Rs. 38.37 crore exceptional impairment on mining rights in Himachal Pradesh. The Board also cleared capex for a 2.80 MTPA greenfield cement grinding unit at Gaya, Bihar, approved issuance of redeemable NCDs up to Rs. 200 crore on private placement, and re-appointed MD & CEO Sandip Ghose for three years (Jan 2026–Dec 2028).

Likely market impact

The flat Rs. 10 dividend signals stable shareholder returns despite weaker earnings, while lower profits and the impairment point to margin pressure; the Bihar capex and Rs. 200 crore NCD issue will lift future capacity but also increase leverage.