Baroda Rayon Corporation's Q1 Profit Soars 12.7% YoY, Revenue Doubles
Baroda Rayon Corporation Limited (BRCL) reported robust Q1 financial results. Net profit increased by 12.7% to ₹710.23 lakhs, while revenue from operations more than doubled to ₹2,236.00 lakhs. The company's EPS rose to ₹3.10. The Real Estate segment was the primary revenue driver, generating ₹2,244.03 lakhs. The Textiles segment remains suspended since 2008. BRCL continues to have no tax liability due to unabsorbed depreciation and brought forward business losses.