New Delhi, May 12 -- Birla Corporation's share price was locked at the 20% upper circuit limit during Monday's trade on May 12, reaching Rs.1,068 apiece, after the company concluded FY24-25 with robust quarterly production and sales volumes. This led to a 33% year-on-year (YoY) rise in consolidated net profit for the March quarter (Q4FY25), reaching Rs.257 crore.

This strong performance followed three challenging quarters that had impacted the entire industry. An uptick in demand and pricing during the quarter resulted in better realizations and a high-capacity utilization rate of 105% in Q4.

Although realization for the quarter stood at Rs.5,103 per ton-marginally lower than the Rs.5,178 per ton recorded in the same period last year du...