Birla Corp Q3 net down 26.3 pc at Rs 32.21 cr

KOLKATA: Birla Corporation Ltd today reported a decline of 26.3 per cent in net profit at Rs 32.21 crore in the third quarter ended December 2012.

The company had posted a net profit of Rs 43.72 crore in the year-ago period.

Net sales of the company increased 14.2 per cent at Rs 621 crore as compared to Rs 543.5 crore in the previous corresponding period, it said in a statement.

Profitability had been affected due to suspension of captive mining operations at the Chanderia plant, it added.