Borosil Renewables: Robust Growth Outlook
Moneylife Digital Team 02 December 2021
Borosil Renewables (Borosil) reported gross quarterly revenue of Rs161 crore, up 18% quarter-on-quarter (q-o-q) and 41% year-on-year (y-o-y). Operating profit was Rs59 crore down 5% q-o-q and up 84% y-o-y and net profit was Rs34 crore, down 15% q-o-q and up 143% y-o-y. Capacity utilisation for production of glass was roughly 97% and, in terms of the final product, it was at about 68%. The...
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