Bhansali Engineering Polymers has reported results for first quarter ended June 30, 2018.
The company has reported a marginal fall of 0.65% in its net profit at Rs 16.77 crore for the quarter under review as compared to Rs 16.88 crore for the same quarter in the previous year. Total income of the company decreased by 19.85% at Rs 201.98 crore for Q1FY19 as compared Rs 251.99 crore for the corresponding quarter previous year.
Bhansali Engineering Polymers is a vertically integrated petrochemical company that manufactures ABS, which acts as a raw material for leading companies dealing in automobiles, home appliances, telecommunications, luggage, bus body and various other applications.
