Archive · 22 Sep 2025
Birla Corp Subsidiary Wins Bid, Reports Strong Q1
RCCPL, a company owned by Birla Corp, won the rights to mine limestone and manganese in Telangana after offering the highest price.
Birla Corp also announced the re-appointment of its CEO.
The company's financial report showed good news: profits increased from ₹33 crore to ₹120 crore, and revenue rose to ₹2,454 crore.
This positive performance led to an increase in the value of Birla Corp's shares.
RCCPL Private Ltd won the bid for a limestone and manganese block in Telangana.
The block is located in Adilabad district and covers 3.34 sq km.
RCCPL offered the highest final price of 57.10%.
Birla Corp's Q1 net profit increased to ₹120 crore.
Birla Corp shares ended higher on the NSE.
- Who
- RCCPL Private Ltd (Birla Corp subsidiary)
- What
- Won the bid for Guda-Rampur limestone and manganese block.
- When
- September 22, 2025 (bid result)
- Where
- Adilabad district, Telangana
- Why
- To extract limestone and manganese.
- Winning Bidder
- RCCPL Private Ltd
- Parent Company
- Birla Corporation
- Block Location
- Guda-Rampur, Adilabad, Telangana
- Block Area
- 3.34 sq km
- Final Price Offer
- 57.10%
- Q1 Net Profit
- ₹120 crore
- Q1 Revenue
- ₹2,454 crore
- Birla Corp Share Price
- ₹1,307 (NSE)