Bharat Global Developers Ltd Share Price – BSE

IT - Hardware, Small Cap

The order involves the supply of 3,00,000 tons of oil-grade groundnuts, priced at Rs 52 per kilogram. The total contract value is Rs 156 crore and deliveries are scheduled to be completed in a phased manner over six months, directly to UPL Agro.

BGDL confirmed that all deliveries will undergo rigorous quality checks to meet the highest standards specified by UPL Agro.

On its strategic and financial impact, the company stated that “This prestigious order reinforces BGDL's position as a key supplier in the agri-commodities sector and is expected to make a significant contribution to the company’s revenue and profitability in the forthcoming quarters. The advance payment received further strengthens our liquidity and underlines our operational efficiency.”

Looking ahead on its outlook, the company stated that “BGDL continues to strengthen its position as a trusted partner for industry leaders like UPL Agro. This landmark order aligns with our long-term strategic growth objectives and enhances our credibility in delivering high-value projects. We are confident that this collaboration will pave the way for additional opportunities and contribute positively to shareholder value.

The company remains committed to maintaining transparency and delivering consistent value to all stakeholders. We will keep the exchange informed of any material developments related to this order or future growth initiatives.”

Bharat Global Developers (formerly known as Kkrrafton Developers) specializes in sourcing, importing, and exporting a wide array of products spanning industries such as textile, agriculture, consumer goods, and beyond.

The company’s standalone net profit zoomed 298.03% to Rs 10.11 crore on 300.28% jump in net sales to Rs 216.35 crore in Q2 FY25 over Q1 FY25.

The scrip hit an all time high of Rs 1,544.70 in intraday today.

Powered by Capital Market - Live News

Bharat Global Developers has received an order of Rs 156 crore from UPL Agro for supply of 3,00,000 tons oil grade groundnuts at a price of Rs 52 per kilogram.

Powered by Capital Market - Live News

Bharat Global Developers announced that its wholly-owned subsidiary, based in Dubai, has secured multiple prestigious orders for processing and supplying high-value precious stones, including diamonds, rubies, emeralds, and sapphires, to prominent wholesalers and bespoke designer jewellery boutiques. Additionally, the subsidiary has been entrusted with refining and supplying precious metals such as gold and palladium to global clients.

The total value of these orders is approximately AED 109 million, translating to Rs 251 crore.

The company said. These orders represent a substantial addition to our subsidiary's revenue pipeline and are expected to yield an estimated profit margin of 10-12% upon successful execution over the coming months.

Powered by Capital Market - Live News

The order entails processing and supplying high-value precious stones, including diamonds, rubies, emeralds, and sapphires, to prominent wholesalers and bespoke designer jewellery boutiques. Additionally, the subsidiary has been entrusted with refining and supplying precious metals such as gold and palladium to global clients.

The total value of these orders is approximately AED 109 million, translating to Rs 251 crore. These orders represent a substantial addition to our subsidiary’s revenue pipeline and are expected to yield an estimated profit margin of 10-12% upon successful execution over the coming months.

This achievement underscores the company’s commitment to excellence in the global precious stones and metals markets and highlights the growing confidence of our international clients in our capabilities. It also aligns with its strategic vision to enhance it footprint in high-value sectors and deliver sustained value to its stakeholders.

Bharat Global Developers (formerly known as Kkrrafton Developers) specializes in sourcing, importing, and exporting a wide array of products spanning industries such as textile, agriculture, consumer goods, and beyond.

The company’s standalone net profit zoomed 298.03% to Rs 10.11 crore on 300.28% jump in net sales to Rs 216.35 crore in Q2 FY25 over Q1 FY25.

Powered by Capital Market - Live News