BCL Industries Ltd Share Price – NSE  /  BSE

Diversified, Small Cap

BCL Industries has allotted 1,18,13,340 equity shares on conversion of warrants on 04 June 2024. With this allotment, the paid up equity share capital has increased to Rs. 28,41,63,340/- consisting of 28,41,63,340 fully paid-up equity shares of Rs. 1/-each while outstanding warrants stand reduced to 12,00,000 warrants.

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BCL Industries announced that the Board of Directors of the Company at its meeting held on 22 May 2024, inter alia, have recommended the final dividend of Rs 0.25 per equity Share (i.e. 25%) , subject to the approval of the shareholders.

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Net profit of BCL Industries declined 4.98% to Rs 23.10 crore in the quarter ended March 2024 as against Rs 24.31 crore during the previous quarter ended March 2023. Sales rose 30.78% to Rs 597.63 crore in the quarter ended March 2024 as against Rs 456.96 crore during the previous quarter ended March 2023.

For the full year,net profit rose 36.22% to Rs 90.30 crore in the year ended March 2024 as against Rs 66.29 crore during the previous year ended March 2023. Sales rose 17.10% to Rs 2129.19 crore in the year ended March 2024 as against Rs 1818.33 crore during the previous year ended March 2023.

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BCL Industries will hold a meeting of the Board of Directors of the Company on 22 May 2024

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