For the quarter ending December 2022 you posted a very robust set of numbers as compared on a sequential basis. What were the factors that helped you achieve such results?
BCL Industries has more than a four decades’ long success story in the agro-based industry. We were able to utilise this expertise in planning our raw material purchase well. With inflationary pressure in both fuel and raw material prices, it has become very important to plan our daily purchases. We have a daily committee meeting and they collectively decide on the strategy. This has helped us during times of pressure. In the edible oil segment, the company continued to perform well despite a volatile market. This happened due to our brands ‘Homecook’, ‘Murli’ and ‘Do Khajoor’. We expect even better results in the upcoming financial year as we have commissioned a paddy straw-based boiler which will reduce the fuel cost of our Bathinda distillery significantly. Our company’s aim is to be the most efficient to combat any external economic pressures.
Diese Geschichte stammt aus der June 05, 2023-Ausgabe von Dalal Street Investment Journal.
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Diese Geschichte stammt aus der June 05, 2023-Ausgabe von Dalal Street Investment Journal.
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