23 May 2024
Bikaji Foods International on May 23 posted a massive 200 percent jump in net profit at Rs 116.28 crore in the quarter ended March 31, compared to Rs 38.67 crore in the year-ago period, the company informed the exchanges. Sequentially, the profit also recorded a 153 percent jump compared to Rs 45.99 crore in the December quarter, according to the filing.
Revenue from operations also rose 12.8 percent to Rs 520.82 crore in the March quarter, from Rs 461.69 crore in same period last year. EBITDA was up 10.2 percent at Rs 67.5 crore in the reported quarter from Rs 61.3 crore in the year-ago period, while margin stood at 13 percent in the said quarter, according to the filing.
The board of the company also approved a final dividend of Rs 1 per equity share. On May 23, the stock price of the company recorded a marginal slip of 0.67 percent at Rs 533.9 on the BSE.
Bikaji Foods International on May 23 posted a massive 200 percent jump in net profit at Rs 116.28 crore in the quarter ended March 31, compared to Rs 38.67 crore in the year-ago period, the company informed the exchanges. Sequentially, the profit also recorded a 153 percent jump compared to Rs 45.99 crore in the December quarter, according to the filing.
Revenue from operations also rose 12.8 percent to Rs 520.82 crore in the March quarter, from Rs 461.69 crore in same period last year. EBITDA was up 10.2 percent at Rs 67.5 crore in the reported quarter from Rs 61.3 crore in the year-ago period, while margin stood at 13 percent in the said quarter, according to the filing.
The board of the company also approved a final dividend of Rs 1 per equity share. On May 23, the stock price of the company recorded a marginal slip of 0.67 percent at Rs 533.9 on the BSE.
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