Hot Pursuit     18-Jul-22
BEPL tumbles after Q1 PAT drops 38% YoY to Rs 47 cr
Bhansali Engineering Polymers (BEPL) slipped 5.16% to Rs 106.65 after the company's consolidated net profit tumbled 38.3% to Rs 47.74 crore in Q1 FY23 as against Rs 77.38 crore in Q1 FY22.

On consolidated basis, revenue from operations soared 45.49% to Rs 337.41 crore compared with Rs 231.91 crore in the same period last year.

Profit before tax stood at Rs 64.81 crore in Q1 FY23, down by 37.35% compared with Rs 103.45 crore in in Q1 FY22.

The company's total expense spiked 109.3% to Rs 279.65 crore in Q1 FY23 over Q1 FY22. Cost of material consumed jumped 56.11% to Rs 229.72 crore while employee benefits expenses dropped 15.29% to Rs 14.24 crore.

Meanwhile, the company's board declared 1st interim dividend of Re 1 per share for the financial year 2022-23. The company has fixed 28 July 2022 as the record date.

BEPL is the the lowest cost producer of Acrylonitrile Butadiene Styrene (ABS) in India. ABS is a "Highly Specialized Engineering Thermoplastics". The company's customers include leading companies dealing in automobiles, home appliances, electronics, health care & kitchenware.

Previous News
  Bhansali Engineering Polymers revises board meeting date
 ( Corporate News - 15-May-23   11:52 )
  Bhansali Engineering Polymers intimates of fire accident at Satnoor Plant
 ( Corporate News - 30-Apr-18   18:21 )
  Bhansali Engineering Polymers to convene board meeting
 ( Corporate News - 10-Jul-18   10:55 )
  Bhansali Engineering Polymers fixes record date for final dividend
 ( Market Beat - Reports 17-Apr-17   09:43 )
  Bhansali Engineering Polymers to declare Quarterly Result
 ( Corporate News - 01-Jan-21   13:58 )
  Bhansali Engineering Polymers to conduct board meeting
 ( Corporate News - 12-Oct-19   11:49 )
  Bhansali Engineering Polymers slumps after weak Q2 results
 ( Hot Pursuit - 22-Oct-18   10:49 )
  Bhansali Engineering Polymers to declare Quarterly Result
 ( Corporate News - 05-Apr-21   14:30 )
  Bhansali Engineering Polymers standalone net profit rises 1908.00% in the March 2017 quarter
 ( Results - Announcements 17-Apr-17   16:49 )
  Bhansali Engineering Polymers Ltd leads losers in 'A' group
 ( Hot Pursuit - 12-Jul-21   15:01 )
  Bhansali Engg gallops 30.9% in 8 straight sessions
 ( Hot Pursuit - 29-Nov-17   09:20 )
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