Birla Corporation plans to increase its cement capacity from 20 MTPA to 25 MTPA by 2025, according to Chairman Harsh V Lodha at a press conference following the company's Annual General Meeting.

Lodha said the ramping up of the Mukutban unit, which it acquired from Anil Amabani’s Reliance group, helped the company achieve 20 MTPA capacity. The Mukutban unit has an installed capacity of 3.9 MTPA, and it will have achieved 1.3 lakh tonnes a month of production by August 2023.

It hopes to achieve 2 lakh tonnes per month production soon from the unit.

The company, which posted a net profit of Rs 40.5 crore on a turnover of Rs 8,682 crore in 2022-23, aims to achieve Rs 850 per tonne EBIDTA by the end of the current financial year. It currently operates on an EBIDTA of Rs 664 a tonne.

“We have been working on cost reduction and efficiency improvement,” said the Chairman in his AGM speech.