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Birla Corp Q2 Results Review - Higher Costs Dent Performance; Debt Increases Further: Motilal Oswal

Lower profits in H1 due to the delay in stabilisation of Mukutban plant lead us to cut our Ebitda estimate for FY23/24 by 17%/8%.

<div class="paragraphs"><p>Freshly mixed cement mix lying in a tub at construction site. (Source: freepik)</p></div>
Freshly mixed cement mix lying in a tub at construction site. (Source: freepik)
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