Balrampur Chini shares jump nearly 7 pc after Q1 earnings

Shares of sugar firm Balrampur

Chini Mills today surged nearly 7 per cent after the company

reported 8 per cent increase in its net profit for the quarter

ended June.

The stock jumped 6.54 per cent to end at Rs 165.25 on

BSE. During the day, it gained 7.73 per cent to Rs 167.10.

On NSE, shares of the company went up sharply by 6.7 per

cent to close at Rs 165.40.

In terms of equity volume, 9.06 lakh shares of the

company were traded on BSE and over 87 lakh shares changed

hands on NSE during the day.

Balrampur Chini Mills Ltd today reported 8 per cent

increase in its net profit at Rs 119.78 crore for the quarter

ended June.

Its net profit stood at Rs 110.70 crore in the year-ago

period, the company said in a regulatory filing.

The revenue rose by 37 per cent to Rs 1,136.45 crore

during the first quarter of this fiscal from Rs 826.83 crore

in the corresponding period of the previous year.

(This article has not been edited by DNA's editorial team and is auto-generated from an agency feed.)