Madhya Bharat Agro Dips 5.3% Post Q1 Results Despite 17% YoY Profit Growth.
India, July 14 -- In capital-intensive segments such as phosphatic and complex chemical fertilisers, raw material procurement cycles govern corporate performance. Manufacturers often have to trade off between expanding high-volume operations and tight input-cost controls. MBAPL posted 16.9% growth in its bottom line despite experiencing a steep 30.0% rise in raw material consumption cost and 125.7% increase in quarterly finance cost.
Shares of Madhya Bharat Agro Products Limited were trading at Rs 125.70, down by 5.38 percent from the previous close of Rs 132.85. The stock opened at an intraday high of Rs 132 and a low of Rs 124.95. The company currently commands a market capitalisation of Rs. 5,499 crore.
Financial Performance
Madhya B...
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