Birla Corporation Ltd has been declared the preferred bidder for the Gourum Khan Ki Dhani (South) limestone block located in Jaisalmer district, Rajasthan, as per the reports. The block spans 499.6394 hectares and was allocated through an e-auction conducted by the Rajasthan state government.
A notification confirming the selection was issued on June 12, 2025, by the Directorate of Mines and Geology.
As the highest bidder, Birla Corporation will pay the state government 20.60% of the value of limestone extracted from the block. The area is located in a belt known for cement-grade limestone reserves. The company stated that the formal grant of the mining lease will be subject to approvals and statutory compliance.
Birla Corporation, the flagship company of the MP Birla Group, has cement manufacturing units in Madhya Pradesh, Rajasthan, Uttar Pradesh, Maharashtra, and West Bengal. The new allocation is expected to contribute to its raw material supply in the long term.
For the quarter ended March 31, 2025, Birla Corporation reported a net profit of ₹256.6 crore, up 32.8% from ₹193.3 crore in the same period last year. Revenue from operations increased 6.1% year-on-year to ₹2,815 crore from ₹2,654 crore.
EBITDA for the quarter stood at ₹534 crore, up from ₹472 crore in Q4 FY24, marking a 13.1% rise. The EBITDA margin improved to 19% from 17.8% in the previous year. Consolidated revenue for the quarter stood at ₹2,863 crore, reflecting a 7% year-on-year increase.
During the quarter, the company recorded a capacity utilisation of 105%. The average realisation per tonne was ₹5,103, slightly lower than ₹5,178 in the same quarter last year. The decline was attributed to a change in geographical sales mix.
Read more: Hindustan Zinc Interim Dividend of ₹10 Record Date Tomorrow!
As of 9:55 AM on June 16, 2025, Birla Corporation Ltd share price was trading at ₹1,350.90, down 0.41% for the day; the stock is up 6.18% over the past six months but down 13.57% over the past year.
Birla Corporation’s selection as the preferred bidder for the limestone block follows an increase in its operational and financial metrics in the fourth quarter of FY25.
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Published on: Jun 16, 2025, 11:16 AM IST
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