Balrampur Chini Mills Limited — Important, 07-02-2025: Updates

The Board of Directors has approved the un-audited financial results for the quarter and nine months ended 31st December 2024, showing a profit before tax of ₹7999.04 million, recovering from a loss of ₹584.78 million in the previous year. Revenue from operations stood at ₹1192.15 crore, compared to ₹1230.38 crore during the corresponding period last year. The company has also revised its Poly Lactic Acid (PLA) project capacity from 75,000 TPA to 80,000 TPA, increasing total capital expenditure from ₹2000 crore to ₹2850 crore while net capex stands at ₹1750 crore after accounting for subsidies.

Additionally, the company initiated the “BCML Restricted Stock Unit Scheme 2025” subject to shareholder approval. The risk management committee was reconstituted to enhance oversight.

Overall, positive financial trends and strategic initiatives indicate potential growth, making it an interesting watch for investors.