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.
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