BASF India jumps after turnaround Q3 results
BASF India jumped 3.89% to Rs 1700.55 after the specialty chemical maker reported a consolidated net profit of Rs 115.15 crore in Q3 FY21 as against net loss of Rs 32.38 crore in Q3 FY20.Net sales for Q3 FY21 grew 24.4% to Rs 2,506.54 crore as against Rs 2,014.38 crore in Q3 FY20. The result was announced during market hours today, 9 February 2021. The company recorded a pre-tax profit of Rs 196.57 crore in Q3 FY21 as against a pre-tax loss of Rs 38.92 crore in Q3 FY20. The company posted a tax expense of Rs 81.42 crore in Q3 FY21 as against tax credit of Rs 6.54 crore in the same period last...
Source: business-standard.com