Bharat Parenterals Ltd’s shares went up by 19.99 per cent after the company reported a 611 per cent increase in profit for the quarter ended June 30, 2023, at Rs 8.89 crore, compared to Rs 1.25 crore in the corresponding quarter last year.
Revenues were up by 167 per cent at Rs 69.91 crore, compared to Rs 26.09 crore last year. Sequentially, profits were lower by 4.3 per cent, compared to Rs 9.29 crore in the previous quarter.
The shares went up by 19.99 to Rs 565 at 2.31 pm on the BSE.
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.