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Borosil Ltd Q2FY24; 4% fall in Profits

Borosil Limited is a supplier of laboratory glassware, microwaveable kitchenware and opal ware in India. It sells and markets microwavable and flameproof kitchenware and glass tumblers through more than 15,000 retail outlets, and has three manufacturing facilities.
The company conducts its operations in two business segments—namely, scientific & industrial products and consumer products

Financial Results:

Borosil Ltd reported Revenues for Q2FY24 of ₹312.00 Crores up from ₹271.00 Crore year on year, a rise of 15.13%.

Total Expenses for Q2FY24 of ₹285.00 Crores up from ₹241.00 Crores year on year, a rise of 18.26%.

Consolidated Net Profit of ₹24.00 Crores down 4.0% from ₹25.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹2.12, down 3.64% from ₹2.20 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.

Tags: Glassware
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