Birla Corp's arm wins bid for Kanpa-Junapani limestone block in Telangana
Published on 24/09/2025 07:12 PM
Birla Corp's arm wins bid for Kanpa-Junapani limestone block in TelanganaRCCPL, Birla Corp’s subsidiary, has been named the preferred bidder for the Kanpa-Junapani limestone block in Telangana with an 87.05% revenue-sharing offer. Shares of Birla Corporation ended lower on Wednesday (September 24) by 1.25% at ₹1,283 on the NSE.By Megha Rani September 24, 2025, 7:12:35 PM IST (Published)2 Min Read
Birla Corporation’s wholly-owned subsidiary, RCCPL Private Ltd, has been declared as the preferred bidder for the Kanpa-Junapani limestone block in Adilabad district on Wednesday (September 24) by the Department of Mines & Geology, Telangana.
In a letter dated September 24, 2025, the state government confirmed RCCPL’s winning bid with a final price offer of 87.05%. The block spans 3.38 sq km, and the composite license will allow both prospecting and mining operations.
RCCPL submitted the highest bid of 87.05%—meaning RCCPL has agreed to share 87.05% of the revenue generated from the minerals extracted from the block with the government.
Telangana limestone & manganese block
Earlier, on September 22, Birla Corporation’s unit RCCPL Private Ltd, was declared the preferred bidder for the Guda-Rampur limestone and manganese block by the Department of Mines & Geology, Telangana.
The decision, communicated via a letter dated September 20, 2025, follows RCCPL’s highest final price offer of 57.10%. The block, located in Adilabad district, Telangana, spans an area of 3.34 sq km.
Q1 results
In its first quarter results, Birla Corp posted a net profit of ₹120 crore, up from ₹33 crore in the same period last year. Revenue rose 12% to ₹2,454 crore, compared with ₹2,190 crore a year ago.
EBITDA grew 34% to ₹346.6 crore, with margins expanding to 14.12% from 11.8% in Q1FY25.
Shares of Birla Corporation ended lower on Wednesday (September 24) by 1.25% at ₹1,283 on the NSE.
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!TagsbiddingBirla CorpTelangana