Hot Pursuit     03-Feb-23
Borosil drops after Q3 PAT slides 6% YoY to Rs 23 cr
Borosil fell 3.10% to Rs 342.15 after the company's consolidated net profit declined 6.08% to Rs 23.32 crore on 7.89% rise in revenue from operations to Rs 280.61 crore in Q3 FY23 over Q3 FY22.
Profit before exceptional items and tax fell 31.09% to Rs 26.15 crore in Q3 FY23 compared with Rs 37.95 crore in Q3 FY22.

Exceptional items includes receipt of claim amount of Rs 4.25 crore from insurance company as a full settlement of the claim with respect to loss of property due to fire at the company's warehouse situated at Bharuch.

During the quarter total expense jumped 16.46% to Rs 268.01 crore as against Rs 230.14 crore in corresponding quarter last year. Cost of raw material consumed stood at Rs 47.12 crore (up 36.98% YoY) and employee benefit expense was at Rs 30.04 crore (up 16.48% YoY).

Borosil is engaged in the business of manufacturing scientific instruments.

Previous News
  Borosil to table results
 ( Corporate News - 28-Jan-23   14:17 )
  Borosil update on scheme of arrangement
 ( Corporate News - 02-Dec-23   15:37 )
  Board of Borosil recommends final dividend
 ( Corporate News - 27-May-21   18:13 )
  Borosil to convene board meeting
 ( Corporate News - 20-May-24   14:38 )
  Borosil schedules EGM
 ( Corporate News - 05-Jan-23   16:31 )
  Borosil allots 14,680 equity shares under ESOP
 ( Corporate News - 20-Jan-23   15:55 )
  Borosil reports consolidated net loss of Rs 10.43 crore in the March 2020 quarter
 ( Results - Announcements 12-Aug-20   13:56 )
  Borosil consolidated net profit rises 61.27% in the March 2024 quarter
 ( Results - Announcements 24-May-24   17:19 )
  Borosil allots 29,350 equity shares under ESOP
 ( Corporate News - 26-May-22   15:14 )
  Borosil concludes Rs 150 cr QIP of equity shares
 ( Hot Pursuit - 26-Jun-24   11:07 )
  Borosil to convene AGM
 ( Corporate News - 20-Jun-22   12:07 )
Other Stories
  Oil and Gas shares fall
  03-Jul-24   14:00
  Real Estate stocks edge lower
  03-Jul-24   14:00
  Energy stocks edge lower
  03-Jul-24   14:00
  Sundaram-Clayton gains after board OKs to raise funds upto Rs 400 cr
  03-Jul-24   13:38
  JSW Infra's subsidiary concession agreement V.O. Chidambaranar Port Authority
  03-Jul-24   13:34
  HDFC Bank Ltd spurts 2.62%, rises for third straight session
  03-Jul-24   13:05
  Samvardhana Motherson International Ltd gains for third consecutive session
  03-Jul-24   13:05
  ICICI Prudential Life Insurance Company Ltd spurts 2.47%, up for five straight sessions
  03-Jul-24   13:00
  Colgate-Palmolive (India) Ltd up for five straight sessions
  03-Jul-24   13:00
  Persistent Systems Ltd soars 1.81%, up for fifth straight session
  03-Jul-24   13:00
Back Top