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BASF India Ltd News

Specialty chemicals shares rally up to 9%; BASF, Bhansali hit 52-wk highs

While margins have dipped from around 22 per cent to 17 per cent during FY2021-24, they are expected to improve from FY26 onwards

Specialty chemicals shares rally up to 9%; BASF, Bhansali hit 52-wk highs
Updated On : 20 Jun 2024 | 11:36 AM IST

BASF India Q4 result: PAT up 15% at Rs 161 cr, total income at Rs 3,384 cr

BASF India Ltd on Tuesday posted a 15.30 per cent jump in consolidated net profit at Rs 161.43 crore during the fourth quarter of the 2023-24 fiscal. Its profit stood at Rs 140 crore in the same quarter in the previous fiscal. Total income rose marginally to Rs 3,384.67 crore during January-March quarter of the 2023-24 financial year, from Rs 3,352.77 crore in the year-ago period, as per the regulatory filing. Expenses remained flat at Rs 3,165.34 crore in the said period. The company's shares rose 12.70 per cent to settle at Rs 4,615 apiece on the BSE.

BASF India Q4 result: PAT up 15% at Rs 161 cr, total income at Rs 3,384 cr
Updated On : 14 May 2024 | 5:24 PM IST