Bharat Rasayan Q1 net jumps 77%

Share price of  Bharat Rasayan touched 52-week high of Rs 1730, surges 16.5 percent intraday Tuesday on back of strong numbers announced by the company for the quarter ended June 2016. 

 

The company's net profit was up 76.8 percent at Rs 14.5 crore and total income rose 45.3 percent at Rs 167 crore in the first quarter ended June 30, 2016. 

 

The EBITDA of the company was up 43.7 percent at Rs 28.3 crore, while EBITDA margin was down at 16.9 percent.