{"id":63182,"date":"2018-02-10T23:43:37","date_gmt":"2018-02-10T23:43:37","guid":{"rendered":"http:\/\/www.bnreport.com\/birla-corp-q3-consolidated-net-loss-down-at-rs-21-84-crore\/"},"modified":"2018-02-10T23:43:37","modified_gmt":"2018-02-10T23:43:37","slug":"birla-corp-q3-consolidated-net-loss-down-at-rs-21-84-crore","status":"publish","type":"post","link":"https:\/\/www.bnreport.com\/en\/birla-corp-q3-consolidated-net-loss-down-at-rs-21-84-crore\/","title":{"rendered":"Birla Corp Q3 consolidated net loss down at Rs 21.84 crore"},"content":{"rendered":"

Birla Corporation<\/a> today reported a consolidated net loss of Rs 21.84 crore for the quarter ended December, lower from the year-ago period loss of Rs 41.29 crore. <\/p>\n

The Kolkata-based company said during the quarter under review, its revenue from operations was at Rs 1,389.32 crore, up by 12.73 per cent year-on-year. <\/p>\n

"Factor that affected operations during the quarter was non-availability of railway rakes, as these were diverted for carrying coal to power plants," the company said in a release. <\/p>\n

Birla Corporation's fuel costs went up by 25 per cent in October-December, owing to a rise in coal and pet coke prices and non-availability of linkage coal, the release said. <\/p>\n

In the reporting quarter, cement production stood at 30.62 lakh ton compared to 25.08 lakh ton in the corresponding period last fiscal, reflecting an increase of 22.09 per cent. <\/p>\n

The consolidated results include the financials of Reliance Cement Company (RCCPL), a wholly-owned material subsidiary of Birla Corporation. <\/p>\n

<\/a><\/strong> <\/a><\/p>\n

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