BGR Energy Systems Q4 Result; Net Loss of Rs. 4.71 cr:
To begin with, BGR Energy Systems announced, its net loss of Rs. 4.71 cr on July 4th. While the company also posted its consolidated net profit of Rs. 31.96 cr in the same quarter last year.
Besides, the company’s total revenue declined by 13.95% and stood at Rs. 320.32 cr in this quarter ended on March 31st. The company also posted its revenue of Rs. 1,012.98 cr in the same quarter last year.
Moreover, its net profit reached Rs. 9.57 cr in this financial year. The company also posted its net profit of Rs. 15.10 cr in the last financial year. Also, the total income stood at Rs. 2,734.49 cr compared to the income of Rs. 3,275.59 cr in the previous financial year.
The Company also provides the manufacturing and site execution services from 23rd March 2020 to 31st March 2020. BGR Energy System Ltd, shares traded with 41.30 points gain and reached to 41.30 INR with a 19.88% up on July 3rd stock Market. The company previously closed at Rs. 34.45 per equity share. The company shares Outstanding at 7,21,61,560.
Stock Market Update:
Stock Market July 3rd: On Friday, both Sensex and Nifty seem to trade in a bullish trend in the stock market. The Sensex stood traded gain with 36,021.42 levels and Nifty stood traded gain with 10,607.35 levels. The Sensex raised 177.72 points with a 0.50% gain. Besides, Nifty has raised 55.65 points with a 0.53% gain.
On the other hand, the number of confirmed or coronavirus cases in India reached 6,49,889 as of July 4th, and deaths reached 18,669.
In the border market, the S&P BSE Midcap index reported a bullish trend in the stock market yesterday. It raised 73.66 points with a 0.56% gain and reached a 13,288.70 level. The S&P BSE Smallcap index raised 59.57 points with a 0.47% gain and reached a 12,603.02 level. However, the Nifty Bank declined 100.80 points with a 0.46% fall and reached a 21,852.40 level.