Bhansali Engineering Polymers 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.
The company's consolidated net profit increased 17% to Rs 48.22 crore in Q2 FY24 from Rs 41.23 crore in Q2 FY23. However, revenue from operations declined 12.3% YoY to Rs 314.24 crore in Q2 FY24.
The scrip fell 1.11% to currently trade at Rs 110.90 on the BSE.
