Bharat Rasayan shares hit 20% upper circuit after Q1 results
In Friday’s early morning trading on the BSE, shares of Bharat Rasayan locked in a 20% upper circuit at Rs 12,808.85 per share. In contrast, the BSE Sensex reached 79,640, up 0.96 percent. This happened following an increase in the agrochemical company’s earnings in the April–June quarter of the 2024–2025 fiscal year (Q1FY25).
The company’s revenue increased by 18% to Rs 282.2 crore, while its profit increased by 508.2% to Rs 43.1 crore from Rs 7.09 crore. This compared to a revenue of Rs 239.2 crores in the same period the previous year.
Compared to the same time last year, the company’s total expenses rose by 4.5% to Rs 251.39 crore from Rs 240.22 crore. The company’s debt-to-equity ratio rose to 0.8% in the June quarter from 0.2% in Q1FY24, although it remained unchanged sequentially.
In the meantime, the company’s earnings per share (EPS) increased 508.26% to 103.77 from Rs 17.06. From Rs 161.51 per share in Q4FY24, the EPS fell by 35.75 percent on a quarterly basis.
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