H1 net profit surged 83.28% to Rs.22.36cr
Mumbai’s Bhageria Industries Limited (NSE: INE354C01027) says H-Acid capacity expansion and the launch of plasticizers and ethoxylates are important strategic steps that will start contributing meaningfully in the coming quarters.
Expanding H-Acid capacity from 400 MT/M to 500 MT/M at Tarapur, is expected to add Rs.50–Rs.55 crore in annual revenue.
Bhageria has commenced production of Plasticizers & Ethoxylates at Tarapur, marking Bhageria’s entry into polymer additives for PVC, cable, flooring, footwear and automotive component use.
The diversified chemical manufacturer engaged in dyes, intermediates, specialty chemicals, and solar power generation catering to both domestic and export markets has reported a strong performance for Q2 and H1 FY26, marked by healthy growth in revenue and profitability driven by operational efficiency and an improved product mix.
Unaudited Q2 net profit (30 Sept) was Rs.11.47 crore, up 79.68 per cent from Rs.6.39 crore a year ago quarter. Unaudited H1 net profit was Rs.22.36 crore, up 83.28 per cent from Rs.12.2 crore a year ago, said the company on 21 Oct. fiinews.com
