BGDL Secures Rs.156 Crore UPL Agro Order
ECONOMY & POLICY

BGDL Secures Rs.156 Crore UPL Agro Order

Bharat Global Developers (BGDL), formerly known as Kkrrafton Developers, saw its stock hit an upper circuit of 5% at Rs.1,544.70 following the announcement of a Rs.156 crore order from UPL Agro, a leader in the agricultural sector. The contract involves the supply of 3,00,000 tons of oil-grade groundnuts at Rs.52 per kilogram, with phased deliveries scheduled over six months.

Order Highlights Quantity: 3,00,000 tons of oil-grade groundnuts. Value: Rs.156 crore. Duration: Six months. Quality Assurance: Deliveries will undergo rigorous quality checks to meet UPL Agro’s standards. Strategic and Financial Significance This order bolsters BGDL’s position in the agri-commodities sector, enhancing its credibility and market share. The company highlighted the following impacts:

Revenue Boost: Expected to significantly contribute to upcoming quarters’ revenue and profitability. Liquidity Strength: Advance payment received strengthens operational efficiency and cash flow. Strategic Alignment: Reinforces BGDL’s long-term objectives and partnerships with industry leaders like UPL Agro. Outlook and Growth Prospects BGDL aims to capitalize on this collaboration to unlock future opportunities in the agricultural supply chain. This contract aligns with its strategic growth roadmap and promises to create positive value for stakeholders and shareholders. The company reiterated its commitment to transparency and stakeholder engagement for sustained growth.

Recent Financial Performance In Q2 FY25, BGDL reported:

Net Profit: Rs.10.11 crore (up 298.03% quarter-on-quarter). Net Sales: Rs.216.35 crore (up 300.28% quarter-on-quarter). Diversified Operations BGDL specializes in sourcing, importing, and exporting across industries, including textiles, agriculture, and consumer goods. This order marks another milestone in its mission to strengthen its role in high-value sectors, leveraging its expertise for continued expansion.

Bharat Global Developers (BGDL), formerly known as Kkrrafton Developers, saw its stock hit an upper circuit of 5% at Rs.1,544.70 following the announcement of a Rs.156 crore order from UPL Agro, a leader in the agricultural sector. The contract involves the supply of 3,00,000 tons of oil-grade groundnuts at Rs.52 per kilogram, with phased deliveries scheduled over six months. Order Highlights Quantity: 3,00,000 tons of oil-grade groundnuts. Value: Rs.156 crore. Duration: Six months. Quality Assurance: Deliveries will undergo rigorous quality checks to meet UPL Agro’s standards. Strategic and Financial Significance This order bolsters BGDL’s position in the agri-commodities sector, enhancing its credibility and market share. The company highlighted the following impacts: Revenue Boost: Expected to significantly contribute to upcoming quarters’ revenue and profitability. Liquidity Strength: Advance payment received strengthens operational efficiency and cash flow. Strategic Alignment: Reinforces BGDL’s long-term objectives and partnerships with industry leaders like UPL Agro. Outlook and Growth Prospects BGDL aims to capitalize on this collaboration to unlock future opportunities in the agricultural supply chain. This contract aligns with its strategic growth roadmap and promises to create positive value for stakeholders and shareholders. The company reiterated its commitment to transparency and stakeholder engagement for sustained growth. Recent Financial Performance In Q2 FY25, BGDL reported: Net Profit: Rs.10.11 crore (up 298.03% quarter-on-quarter). Net Sales: Rs.216.35 crore (up 300.28% quarter-on-quarter). Diversified Operations BGDL specializes in sourcing, importing, and exporting across industries, including textiles, agriculture, and consumer goods. This order marks another milestone in its mission to strengthen its role in high-value sectors, leveraging its expertise for continued expansion.

Next Story
Products

unWOOD transforms plastic waste into durable wood alternative

unWOOD, a breakthrough innovation, is converting hard-to-recycle plastic waste into a durable alternative to natural wood. Developed through a proprietary process called Intelligent Compounding, unWOOD uses a Macro Molecular Fiber Matrix (MMFM) structure to replicate the strength, look, and feel of hardwood—without the environmental cost.Conceptualised by Dr Babu Padmanabhan, the material addresses key flaws in traditional plastic recycling by consuming minimal energy, using zero water, and generating no microplastics. “Any application that introduces plastics into areas where it cannot be..

Next Story
Real Estate

Häfele launches Matrix undermount runners range

Häfele has introduced its new Matrix range of undermount runners, designed to enhance drawer motion across kitchens, wardrobes, bathroom units, and more.Available in four weight capacities and a wide range of lengths, the Matrix undermount runners support diverse drawer designs. The 40 kg and 60 kg variants feature synchronised technology for superior motion and drawer stability. All runners come with an integrated soft-close mechanism to ensure smooth and noiseless operation.This in-house range is ideal for kitchen cabinets, bed storage units, living room furniture and bathroom drawers, offe..

Next Story
Real Estate

India's first AI-integrated campus announced in Noida

Yashoda Hospital and Bhutani Infra have announced plans to develop India’s first fully AI-integrated mixed-use campus in Greater Noida West. The upcoming project will feature a hospital, retail spaces, offices, SOHOs, serviced apartments, and a hotel—all operating within a self-learning, generative AI-powered ecosystem.The AI-first campus will integrate real-time data systems, predictive analytics, and adaptive infrastructure to offer personalised experiences across functions. From AI-enabled footfall tracking and dynamic energy optimisation to smart F&B and retail insights, the develo..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?