Birla Corporation, along with its subsidiary RCCPL, is planning to invest Rs 4,335 crore to scale up production capacity by setting up three new grinding units and expanding an integrated unit.
The company, in a statement, said its cement division's operating profit margin was 20% for the fourth quarter of FY25 compared to 18.6% in the same period of FY24.
"Our capacity utilization in central and eastern India is more than 100 per cent," said Harsh V Lodha, chairman, Birla Corporation.
In a stock exchange filing, Birla Corporation said its board of directors, at its meeting, approved a capital expenditure towards increasing capacity by way of setting up a greenfield cement grinding unit, with a capacity of 2.8 million tonnes per annum (MTPA), at Gaya in Bihar in a phased manner.
The proposed capacity would be added by Q4FY29 with an investment of Rs 860 crore. The company's wholly-owned subsidiary RCCPL is planning a capital expenditure of Rs 3475 crore towards increasing capacity by setting up two greenfield grinding units with a total capacity of 3.4 MTPA in Uttar Pradesh and one 3.7 MTPA brownfield clinker manufacturing unit at Maihar in Madhya Pradesh.
