Birla Corporation has reported a net profit of Rs 18.48 crore in the second quarter to September 30 this year against a net profit of Rs 32.46 in the corresponding quarter last year.

Income from operations during the quarter was Rs 801.78 crore (Rs 767.11 crore).

The company said last month it commissioned 5-lakh tonne cement blending unit at Rae Bareli.

Birla Corporation’s stock closed 2 per cent down at Rs 423 on BSE on Wednesday.

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