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Bhansali Engineering Polymers Ltd Q1FY24; 4% rise in Profits

Company Description:

Bhansali Engineering Polymers Ltd is engaged in manufacturing and sale of ABS Resins, AES Resins, ASA resins, SAN resins and their alloys with other plastics in the Indian market. Its customers include leading companies dealing in Automobiles, Home Appliances, Electronics, Healthcare and Kitchenware.

Financial Results:

Bhansali Engineering Polymers Ltd reported Revenues for Q1FY24 of ₹294.00 Crores down from ₹337.00 Crore year on year, a fall of 12.76%.

Total Expenses for Q1FY24 of ₹240.00 Crores down from ₹279.00 Crores year on year, a fall of 13.98%.

Consolidated Net Profit of ₹50.00 Crores up 4.17% from ₹48.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹2.02, up 5.76% from ₹1.91 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

Categories: Earnings
Tags: polymers
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