Birla Corp's Subsidiary Wins Two Limestone Block Bids in Telangana
RCCPL Private Limited, a wholly owned subsidiary of Birla Corporation, has secured two limestone blocks in Telangana's Adilabad district through government auctions. The Kanpa-Junapani block was won with an 87.05% revenue share bid, while the Guda-Rampur block was secured with a 57.10% revenue share. These acquisitions are expected to strengthen Birla Corporation's raw material resources for cement production. Despite this development, the company's shares closed down 1.25% at ₹1,283.00 on the NSE.

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Birla Corporation Limited's wholly owned subsidiary, RCCPL Private Limited, has emerged as the preferred bidder for two limestone blocks in Telangana's Adilabad district, marking a significant expansion in the company's raw material resources.
Auction Details
The Government of Telangana's Department of Mines & Geology conducted the auctions. RCCPL Private Limited secured the Kanpa-Junapani limestone block with an impressive bid of 87.05% revenue share. Earlier, the company also won the Guda-Rampur limestone and manganese block with a 57.10% revenue share bid.
Block Specifications
The Kanpa-Junapani Limestone Block covers an area of 3.38 square kilometers, while the Guda-Rampur block spans 3.34 square kilometers. Both blocks are located in the Adilabad district of Telangana. RCCPL has been granted a composite license for prospecting and mining for the Kanpa-Junapani block.
Implications for Birla Corporation
These successful bids for the limestone blocks are likely to strengthen Birla Corporation's position in the cement industry by securing crucial raw material sources. Limestone is a key ingredient in cement production, and having direct access to high-quality limestone reserves can potentially lead to cost efficiencies and improved supply chain management for the company.
Financial Performance
In its latest quarterly results, Birla Corporation reported significant improvements:
Metric | Result |
---|---|
Net profit | ₹120.00 crore |
Revenue growth | 12.00% |
Revenue | ₹2,454.00 crore |
EBITDA growth | 34.00% |
EBITDA | ₹346.60 crore |
EBITDA margin | 14.12% |
Market Response
Despite the positive developments, Birla Corporation's shares closed down 1.25% at ₹1,283.00 on the National Stock Exchange (NSE).
Birla Corporation Limited's proactive approach in securing raw material sources demonstrates its commitment to sustainable growth and maintaining a competitive edge in the cement industry. As the company moves forward with these new limestone block acquisitions, stakeholders will be keenly watching how this translates into operational and financial benefits for the organization.
Historical Stock Returns for Birla Corporation
1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
---|---|---|---|---|---|
+0.15% | -1.65% | -8.07% | +6.96% | -3.52% | +89.53% |