New Delhi, Aug. 19 -- Belrise Industries, a recent entrant on Dalal Street, saw its share price spike 12% intraday on Tuesday, August 19, reaching Rs.156 apiece after investors reacted positively to the company's June-quarter earnings.
The company, post market hours on Tuesday, reported a 27% YoY jump in revenue to Rs.2,262 crore. This included manufacturing revenue of Rs.1,832 crore, which grew 29% YoY, supported by higher content per vehicle, increased order rollouts from its proprietary product portfolio, commercialization of the new Chennai facility, and the successful integration of H-One India into its offerings.
Its EBITDA stood at Rs.280 crore, up from Rs.240 crore in Q1FY25, reflecting a YoY growth of 17%. However, EBITDA margi...
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