News Image
CNBCTV18

Birla Corp's arm wins bid for Telangana limestone & manganese block

Published on 22/09/2025 07:57 PM

Birla Corp's arm wins bid for Telangana limestone & manganese blockBirla Corporation’s wholly-owned subsidiary, RCCPL, has been declared the preferred bidder for the Guda-Rampur limestone and manganese block in Telangana. Shares of Birla Corporation ended higher on Monday (September 22) by 0.62% at ₹1,307 on the NSE.By Megha Rani   September 22, 2025, 7:57:46 PM IST (Published)1 Min ReadBirla Corporation’s wholly-owned subsidiary, RCCPL Private Ltd, has been declared the preferred bidder for the Guda-Rampur limestone and manganese block on Monday (September 22) 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.

Earlier, on September 15, Birla Corp announced the re-appointment of Sandip Ghose as managing director and chief executive officer for a further term of three years effective January 1, 2026, following the expiry of his current term.

Also Read: Brigade Enterprises signs ₹1,200-crore GDV residential project in south Bengaluru's Banashankari

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 higher on Monday (September 22) by 0.62% at ₹1,307 on the NSE.

Also Read: RVNL bags ₹145-crore Southern Railway projectContinue Reading(Edited by : Shoma Bhattacharjee)Check 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 CorpManganese Minemining