The assorted giant from textiles-to-telecom, Aditya Birla Group has crossed 2.5 lakh crore mark of its clubbed revenue with a subsequent growth of 9 percent in the latest monetary as reported by group chief Kumar Managalam Birla. More than 50 percent of the company’s revenue has been accounted for Global operations which increased by 8 percent in terms of dollar amount which is 41 billion dollars as aid by Birla.
Birla said that the quintessential factor is the cash in the box parameter that needs to be considered rather than the revenues in order to calculate the performance element. Providing the details of the overall group-level financials, Aditya Birla said that the group’s EBITDA (Earnings before interest, taxes, depreciation, and amortization) rose by 9 per cent to Rs 32,200 crore, while the same in the dollar terms grew by 8 per cent to USD 5.25 billion. He also said that they had a good year at the Group level as the consolidated revenue crossed Rs. 2.5 trillion mark which set a new breakthrough.
219 total views, 1 views today