Bhageria Industries Limited has informed the Exchange about proposal for closing of Bhageria Industries Holding Company W.L.L., Foreign wholly owned subsidiary of the company.
BHAGERIA · price
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Bhageria Industries' board met on August 2, 2025, and approved unaudited standalone and consolidated financial results for Q1 FY26 (quarter ended June 30, 2025). Standalone revenue from operations jumped to Rs. 15,800.38 lakhs from Rs. 11,252.50 lakhs in the same quarter last year, while net profit nearly doubled to Rs. 1,199.04 lakhs (vs Rs. 608.84 lakhs), translating to a basic EPS of Rs. 2.75. Chemical segment remained the biggest contributor with Rs. 14,677.73 lakhs in segment revenue. Separately, the board approved the closure of Bhageria Industries Holding Company W.L.L., a Bahrain-based wholly owned subsidiary set up to support its first international Solar EPC project in FY24.
Strong YoY earnings growth (~97% rise in standalone PAT) is positive for shareholders, while the winding up of a non-revenue-generating foreign subsidiary (nil revenue, net worth of just 567 BHD) simplifies the international structure with negligible financial impact. Overall, a business-as-usual housekeeping decision alongside a healthy quarterly performance.