Bengal Chemical compounds & Prescribed drugs Ltd recorded a file phenol manufacturing in August 2020 at Rs 8.3 crore.
That is the all-time file within the firm’s 120-year historical past
Over the previous 4 years, the corporate’s profitability ratio has grown from 4 % to 30 %
By PIB Delhi
Bengal Chemical compounds & Prescribed drugs Restricted – BCPL achieved the very best phenol manufacturing in August 2020 at Rs 8.3 crore, the all-time file within the firm’s 120-year historical past.
Bengal Chemical compounds and Prescribed drugs Restricted is a PSU underneath the Ministry of Chemical compounds and Fertilizers.
Union Minister of Chemical compounds and Fertilizers Shri DV Sadananda Gowda has congratulated the administration and the workers of the corporate for reaching the very best manufacturing.
“The manufacturing unit is working in direction of reaching a manufacturing goal of Rs 10 crore in September 2020,” Finance Director and Managing Director PM Chandraiah stated.
Bengal Chemical’s Lifeline Product “Lamp Model Phenol” is manufactured at Panihati manufacturing unit.
Regardless of the COVID 19 lockdown, Panihati has proven higher efficiency on manufacturing unit entrance and earnings earnings. COVID-19 has set a file of manufacturing 51,960 phenol bottles in a single day to fulfill rising demand as a result of firm’s panchayat unit.
As of August 31, 2020, the present monetary 12 months, BCPL has made a revenue of Rs. The six-month revenue was Rs 5.6 crore within the earlier 12 months. And the earlier full 12 months revenue was Rs 14.4 crore. That is up 260 % in comparison with the identical interval final 12 months.
Within the final six months of the present fiscal 12 months, the corporate’s profitability ratio elevated by 30 % in comparison with 17 % within the earlier quarter of 2019-20. Over the previous 4 years, the corporate’s profitability ratio has elevated from 4 % to 30 %, nearly eight occasions larger.
Bengal Chemical compounds and Pharmaceutical Restricted is India’s first ce mote firm which makes many dwelling holding, pharma and industrial merchandise.