Birla Corporation Q2 results, quarter to Sep 2026

NSE: BIRLACORPNBSE: 500335Cement & Cement ProductsSmall Cap

Birla Corporation Limited · Formerly Birla Corp · Face value ₹10 · Listed Jun 1983 on BSE, Apr 1995 on NSE

₹776.30₹13.70 (1.73%)BSE ₹776.00

Share price at the NSE close on 30 Oct 2026. Previous close ₹790.00.

30 Oct: open ₹794.90, high ₹794.90, low ₹775.00

52-week range of traded prices to 30 Oct 2026

₹758.20Low, 23 Oct 2026₹1,244.30High, 7 Nov 2025

Next results date: the board meets on 31 Oct 2026 to consider: financial results and fund raising. The notice · Results calendar

Market cap: ₹5,978 Cr643rd largest listed
P/E: 10.80
P/B: 0.81
Dividend yield: 1.61%
ROE: 7.7%
ROCE: 8.5%
Debt to equity: 0.44
Volume, NSE: 30,00138.9% delivered

Birla Corporation filed its Q2 results for the quarter to Sep 2026 on 31 Oct 2026 at 6:09 pm, consolidated: the company and its subsidiaries together.

Q2 results, quarter to Sep 2026

₹ crore.Birla Corporation annual results and balance sheet

Revenue: ₹2,415 Cr+9.5% on a year ago · −8.7% on the quarter before
Operating profit: ₹228 Cr−25.3% on a year ago · −33.4% on the quarter before
Net profit: ₹37 Cr−58.6% on a year ago · −67.6% on the quarter before
Earnings per share: ₹4.86−58.6% on a year ago · −67.7% on the quarter before
Operating margin: 9.4%
Net margin: 1.6%

From revenue to net profit, ₹ crore

Revenue2,415
Materials and goods−407
Employee costs−154
Other expenses−1,627
Operating profit228
Depreciation−138
Other income+26
Finance costs−63
Profit before tax52
Tax−15
Net profit37

Birla Corporation results by quarter

Consolidated: the company and its subsidiaries together. Latest quarter to Sep 2026. Results for the quarter to Dec 2026 are due by 14 Feb 2027, 45 days after it ends. Every company's dates are on the results calendar.Results filings and date

Revenue and net profit by quarter, ₹ crore

Revenue
Net profit
Loss

Peak revenue ₹2,836 Cr, quarter to Mar 2026; lowest ₹1,953 Cr, quarter to Sep 2024A loss in 1 of the 12 quarters shown

Operating and net margin by quarter, per cent

Operating margin
Net margin

₹ crore	Dec 2021Q3Filed 4 Feb	Mar 2022	Jun 2022Q1	Sep 2022	Dec 2022Q3	Mar 2023	Jun 2023Q1	Sep 2023	Dec 2023Q3	Mar 2024	Jun 2024Q1	Sep 2024	Dec 2024Q3	Mar 2025Q4Filed 9 May	Jun 2025Q1Filed 30 Jul	Sep 2025Q2Filed 7 Nov	Dec 2025Q3Filed 31 Jan	Mar 2026Q4Filed 9 May	Jun 2026Q1Filed 25 Jul	Sep 2026Q2Filed 31 Oct
Revenue from operations	1,750	2,264	2,204	2,000	2,016	2,463	2,408	2,286	2,312	2,656	2,190	1,953	2,257	2,815	2,454	2,207	2,159	2,836	2,646	2,415
	1,528	1,988	1,944	1,906	1,872	2,188	2,111	1,997	1,934	2,184	1,932	1,775	2,009	2,281	2,107	1,902	1,866	2,326	2,304	2,188
Materials and goods bought	171	471	222	215	221	436	422	383	328	447	292	285	337	471	461	276	250	497	440	407
Employee costs	115	113	128	131	132	130	140	142	141	133	147	141	144	132	152	152	148	133	155	154
Other expenses	1,242	1,404	1,595	1,559	1,519	1,623	1,549	1,471	1,464	1,604	1,493	1,349	1,528	1,679	1,494	1,474	1,468	1,697	1,709	1,627
Operating profit before depreciation	222	277	259	94	144	274	298	289	379	472	258	177	248	534	347	305	293	510	342	228
Operating margin	12.7%	12.2%	11.8%	4.7%	7.2%	11.1%	12.4%	12.6%	16.4%	17.8%	11.8%	9.1%	11.0%	19.0%	14.1%	13.8%	13.6%	18.0%	12.9%	9.4%
Depreciation and amortisation	101	100	115	125	130	140	140	143	145	150	146	145	139	142	131	134	133	134	142	138
Other income	7	69	14	42	8	49	16	27	16	26	17	17	15	48	32	27	19	39	23	26
Finance costs	61	55	70	93	87	89	97	95	97	82	86	85	83	73	71	67	65	62	67	63
Profit before one-off items and tax	68	192	89	−82	−64	95	76	77	153	266	44	−36	41	367	177	131	114	353	156	52
One-off items	7	−38	−12	0	0	18	0	0	0	7	0	0	0	−38	0	0	−34	28	0	0
Profit before tax	75	153	77	−82	−64	113	76	77	153	273	44	−36	41	328	177	131	80	380	156	52
	14	42	15	−26	−15	28	17	19	44	80	11	−11	10	72	58	40	27	86	40	15
Current tax	5	42	12	−12	−2	3	9	13	13	21	7	−7	7	77	34	26	22	118	41	12
Deferred tax	9	0	3	−14	−13	25	7	5	31	59	4	−4	3	−5	24	15	5	−32	−1	2
Tax rate	19.2%	27.5%	19.7%	–	–	24.8%	21.7%	24.3%	28.9%	29.2%	25.9%	–	24.6%	21.8%	32.6%	30.9%	33.8%	22.5%	25.7%	27.9%
	60	111	62	−56	−50	85	60	58	109	193	33	−25	31	257	120	90	53	295	116	37
Belonging to the company's shareholders	60	111	62	−56	−50	85	60	58	109	193	33	−25	31	257	120	90	53	295	116	37
Belonging to outside owners of subsidiaries	0	0	0	0	0	0	0	0	0	–	0	0	0	0	0	0	0	0	0	0
Other comprehensive income	9	113	−50	25	6	−12	76	132	44	40	173	158	−70	−138	126	−127	−8	−122	131	59
Total comprehensive income	70	224	12	−31	−44	72	136	190	153	233	205	133	−39	119	246	−37	44	173	246	97
Net margin	3.5%	4.9%	2.8%	−2.8%	−2.5%	3.4%	2.5%	2.6%	4.7%	7.3%	1.5%	−1.3%	1.4%	9.1%	4.9%	4.1%	2.4%	10.4%	4.4%	1.6%
Earnings per share	₹7.85	₹14.42	₹8.04	−₹7.33	−₹6.48	₹11.03	₹7.75	₹7.58	₹14.17	₹25.10	₹4.24	−₹3.27	₹4.06	₹33.32	₹15.53	₹11.75	₹6.85	₹38.28	₹15.03	₹4.86

Earnings per share in rupees, restated for later splits and bonuses.

Segment results by quarter

Consolidated, ₹ crore, quarters to Jun 2026.Birla Corporation segment results by year

Cement
Revenue, ₹ crore
2,178
2,233
2,531
2,121
1,875
2,156
2,692
2,342
2,073
2,027
2,716
2,515
Sep 23Dec 23Mar 24Jun 24Sep 24Dec 24Mar 25Jun 25Sep 25Dec 25Mar 26Jun 26
Profit, ₹ crore
164
258
353
144
62
141
386
237
196
165
446
226
Sep 23Dec 23Mar 24Jun 24Sep 24Dec 24Mar 25Jun 25Sep 25Dec 25Mar 26Jun 26
Jute
Revenue, ₹ crore
108
80
126
69
78
101
123
112
133
133
120
131
Sep 23Dec 23Mar 24Jun 24Sep 24Dec 24Mar 25Jun 25Sep 25Dec 25Mar 26Jun 26
Profit, ₹ crore
3
0
7
−5
−3
−5
3
5
4
−4
−12
3
Sep 23Dec 23Mar 24Jun 24Sep 24Dec 24Mar 25Jun 25Sep 25Dec 25Mar 26Jun 26
Others
Revenue, ₹ crore
2
1
2
1
1
1
1
1
1
3
1
1
Sep 23Dec 23Mar 24Jun 24Sep 24Dec 24Mar 25Jun 25Sep 25Dec 25Mar 26Jun 26
Profit, ₹ crore
0
−1
−1
−1
−1
−1
−1
−1
−2
−1
−2
−1
Sep 23Dec 23Mar 24Jun 24Sep 24Dec 24Mar 25Jun 25Sep 25Dec 25Mar 26Jun 26

₹ crore	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Revenue of all businesses	2,288	2,313	2,658	2,191	1,954	2,258	2,817	2,455	2,208	2,162	2,837	2,647
Company revenue, as in its results	2,286	2,312	2,656	2,190	1,953	2,257	2,815	2,454	2,207	2,159	2,836	2,646
Revenue	2,178	2,233	2,531	2,121	1,875	2,156	2,692	2,342	2,073	2,027	2,716	2,515
Revenue growth	16.2%	15.9%	8.0%	−8.0%	−13.9%	−3.4%	6.4%	10.4%	10.6%	−6.0%	0.9%	7.4%
Profit	164	258	353	144	62	141	386	237	196	165	446	226
Profit growth	–	738.6%	88.6%	−18.0%	−62.4%	−45.6%	9.3%	64.6%	219.2%	17.1%	15.4%	−4.6%
Margin	7.5%	11.6%	14.0%	6.8%	3.3%	6.5%	14.4%	10.1%	9.5%	8.1%	16.4%	9.0%
Assets	11,697	11,805	11,504	11,611	11,442	11,399	10,865	11,071	11,052	11,213	11,126	11,281
Liabilities	2,207	2,262	2,081	2,168	2,132	2,250	2,094	2,192	2,069	2,091	2,053	2,090
Capital employed	9,490	9,542	9,423	9,443	9,310	9,149	8,771	8,880	8,983	9,122	9,073	9,191
Revenue	108	80	126	69	78	101	123	112	133	133	120	131
Revenue growth	−13.2%	−11.9%	5.7%	−32.4%	−27.2%	27.2%	−1.9%	62.9%	69.8%	30.9%	−2.6%	16.7%
Profit	3	0	7	−5	−3	−5	3	5	4	−4	−12	3
Profit growth	−61.6%	−94.0%	23.9%	–	–	–	−57.3%	–	–	–	–	−39.0%
Margin	2.8%	0.5%	5.7%	−7.5%	−3.7%	−5.4%	2.5%	4.2%	3.0%	−2.9%	−9.9%	2.2%
Assets	1,084	1,099	1,099	1,113	1,105	1,121	1,113	1,112	1,132	1,130	1,156	1,177
Liabilities	18	15	10	14	13	22	19	19	21	23	30	14
Capital employed	1,066	1,085	1,089	1,100	1,092	1,099	1,094	1,093	1,111	1,107	1,126	1,162
Revenue	2	1	2	1	1	1	1	1	1	3	1	1
Profit	0	−1	−1	−1	−1	−1	−1	−1	−2	−1	−2	−1
Margin	−17.0%	−43.8%	−41.3%	−91.9%	−70.5%	−52.3%	−58.8%	−103.0%	−103.4%	−57.4%	−141.1%	−179.4%
Assets	134	134	149	149	150	151	151	152	152	150	150	143
Liabilities	2	2	3	2	3	3	2	2	2	2	2	1
Capital employed	132	132	146	147	147	148	149	150	150	148	148	143

Profit is before tax and finance costs, the way companies report their segments.

Q2 results, quarter to Sep 2026

From revenue to net profit, ₹ crore

Birla Corporation results by quarter

Revenue and net profit by quarter, ₹ crore

Operating and net margin by quarter, per cent

Segment results by quarter

Cement

Jute

Others