BMW Industries Q2 profit up 43% as Bokaro plant starts
The steel processor earned ₹21.62 crore on a 33% rise in income; its new colour-coating line in Jharkhand began operating in October
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BMW Industries' net profit rose 42.7% to ₹21.62 crore in July–September, from ₹15.15 crore a year earlier.
Total income grew 33% to ₹195.42 crore, though the EBITDA margin slipped to 24.9% from 26.5%.
The first phase of its new Bokaro steel complex, a colour-coating line, received consent to operate on October 5.