Market News
1 min read | Updated on August 09, 2024, 10:26 IST
SUMMARY
The consolidated net profit of Bharat Rasayan rose 508.1% to ₹43.1 crore in the latest June quarter as against ₹7 crore in the year-ago period.
Stock list
Bharat Rasayan shares were trading at ₹12,815.1, up 20%, to hit upper circuit on the NSE.
The stock was trading at ₹12,815.1, up 20%, to hit upper circuit on the NSE in the morning trade. It gained 20% to ₹12,808.8 on the BSE.
The consolidated PAT of Bharat Rasayan rose 508.1% to ₹43.1 crore in the latest June quarter as against ₹7 crore in the year-ago period.
The revenue from operations rose 17.9% to ₹282.2 crore in Q1 FY25 as against ₹239.2 crore in the correspoding period last year.
The company's market capitalisation stood at ₹5,325 crore whil the free float m-cap was ₹1,224.7 crore.
Established in 1989, Bharat Rasayan is a chemical manufacturing company that produces Grignard reagents, fatty acid anhydrides, pharmaceutical intermediates, esters, and solvents.
It is one of the largest manufacturers of cosmetic ingredients, including personal care (hair care, skin care, and antibacterial) preservatives.
About The Author
Next Story