BASF India shares tumbled over 13% as the company reported a 42% year-on-year (YoY) drop in net profit for Q2 FY25.
Despite a revenue increase to ₹4,247.7 crore, up from ₹3,966.9 crore YoY, net profit for the period fell to ₹127.9 crore, down from ₹220.5 crore last year. On a quarter-on-quarter (QoQ) basis, revenue continued its upward trend from ₹3,966.9 crore in Q1 FY25, but profit margins showed some strain, with net profit slightly decreasing from ₹220.5 crore in the previous quarter.
As of 2:31 pm, BASF India shares were trading 11.47% lower at Rs 6,964.05 on the NSE.
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