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Birla Corporation named preferred bidder for 160.39-hectare limestone block in RajasthanThe mining lease pertains to a limestone block spread over an area of 160.3882 hectares. Birla Corporation secured the block with the highest final price offer of 63.50%. Shares of Birla Corporation Ltd ended at ₹1,393.40, up by ₹2.15, or 0.15%, on the BSE.By Jomy Jos Pullokaran   July 10, 2025, 5:07:23 PM IST (Published)2 Min ReadCement major, Birla Corporation Limited, on Thursday (July 10) said it has been declared the ‘Preferred Bidder’ for the Tadas limestone block-II in Nagaur district, Rajasthan. The designation was granted by the Director of Mines & Geology, Government of Rajasthan, through a notification dated July 10, 2025.

The mining lease pertains to a limestone block spread over an area of 160.3882 hectares. Birla Corporation secured the block with the highest final price offer of 63.50%. The company received the official communication regarding the award on July 10, 2025, at approximately 12:20 p.m. IST.

Last month, Birla Corporation said it had been declared the preferred bidder for the Gourum Khan Ki Dhani (South) limestone block in Jaisalmer, Rajasthan, following a successful bid in the state’s e-auction process.

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The government of Rajasthan’s director of mines and geology, through a notification dated June 12, 2025, confirmed the company’s selection for the grant of a mining lease over the block located in Jaisalmer district.

Birla Corporation, as the highest bidder, has agreed to pay 20.60% of the value of the limestone it extracts from the block to the state government as part of its revenue share. The limestone block spans approximately 499.64 hectares.

Fourth Quarter Results

Birla Corporation reported a 32.8% year-on-year (YoY) jump in net profit at ₹256.6 crore for the fourth quarter that ended March 31, 2025. In the corresponding quarter of the previous fiscal, the company posted a net profit of ₹193.3 crore.

Also Read: Birla Corp shares surge 20% post Q4 results — Five factors that work in its favour

Revenue from operations increased 6.1% YoY to ₹2,815 crore against ₹2,654 crore last year. EBITDA was up 13.1% to ₹534 crore over ₹472 crore in Q4FY24. The EBITDA margin expanded to 19% from 17.8%.

Shares of Birla Corporation Ltd ended at ₹1,393.40, up by ₹2.15, or 0.15%, on the BSE.Continue ReadingCheck out our in-depth Market Coverage, Business News & get real-time Stock Market Updates on CNBC-TV18. Also, Watch our channels CNBC-TV18, CNBC Awaaz and CNBC Bajar Live on-the-go!TagsBirla Corporationshare market today