Dalmia Bharat slips despite reporting 12-fold jump in Q2 consolidated net profit | | Udaipur News | Udaipur Latest News | udaipur local news । Udaipur Updates
Home / BUSINESS / Dalmia Bharat slips despite reporting 12-fold jump in Q2 consolidated net profit

Dalmia Bharat slips despite reporting 12-fold jump in Q2 consolidated net profit

Dalmia Bharat is currently trading at Rs. 806.20, down by 9.25 points or 1.13% from its previous closing of Rs. 815.45 on the BSE.

The scrip opened at Rs. 814.85 and has touched a high and low of Rs. 836.50 and Rs. 803.60 respectively. So far 2757 shares were traded on the counter.

The BSE group ‘B’ stock of face value Rs. 2 has touched a 52 week high of Rs. 1220.00 on 05-Apr-2019 and a 52 week low of Rs. 752.00 on 19-Sep-2019.

Last one week high and low of the scrip stood at Rs. 836.50 and Rs. 781.50 respectively. The current market cap of the company is Rs. 15610.35 crore.

The promoters holding in the company stood at 54.26 % while Institutions and Non-Institutions held 20.72 % and 25.02 % respectively.

Dalmia Bharat has reported 6-fold jump in its net profit at Rs 48 crore for the quarter ended September 30, 2019 as compared to Rs 8 crore for the same quarter in the previous year. Total income of the company increased by 97.87% at Rs 93 crore for Q2FY20 as compared Rs 47 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported 12-fold jump in its net profit at Rs 36 crore for the quarter under review as compared to Rs 3 crore for the same quarter in the previous year. Total income of the company increased by 5.15% at Rs 2285 crore for Q2FY20 as compared Rs 2173 crore for the corresponding quarter previous year.

Please share this news