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.
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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.
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