Latest News | BASF India Q1 Profit at Rs 197.28 Cr

Mumbai, Aug 6 (PTI) Chemical maker BASF India on Friday reported a net profit of Rs 197.28 crore for the quarter ending June against a loss of Rs 31.18 crore during the corresponding period of 2020-21.

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Revenue from operations during the quarter under review grew by 69.80 per cent to Rs 2,981.76 crore compared to Rs 1,755.98 crore in the same quarter of the previous financial year, BASF India said in a BSE filing.

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Shares of the company on Friday closed at Rs 3,390.30, up 18.42 per cent on BSE.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)