BASF India jumped 5.35% to Rs 2732.05 after the company reported a net profit of Rs 149.85 crore in Q4 FY22, which is higher by 2.7 times compared with Rs 55.81 crore in Q4 FY21.
Revenue from operations increased by 21% YoY to Rs 3,389.56 crore during the quarter.
Profit before tax in Q4 FY22 stood at Rs 178.51 crore, up by 20% from Rs 149.09 crore in Q4 FY21. Tax outgo declined by 69% YoY to Rs 28.66 crore during the period under review.
The company recorded 8% increase in net profit to Rs 594.84 crore on a 37% rise in revenue from operations to Rs 13,099.73 crore in FY22 over FY21.
BASF India is engaged in providing chemicals, plastics, performance products and crop protection products.
Powered by Capital Market - Live News