New Delhi, June 4 -- Bhatia Communications & Retail (India) stock gained almost 2% on Wednesday, June 4, following a business update for the financial year 2024-25 (FY25).

Gujarat-based Bhatia Communications & Retail (India), which is a multi-brand consumer durables and electronic and electrical appliances retailer, witnessed a decent profit and revenue growth in the recently concluded financial year, on the back of sustained expansions and profitable operations with best-in-class ROEs.

Its FY25 profit after tax (PAT) recorded a 20% year-on-year (YoY) growth to Rs.13.82 crore, as against Rs.11.52 crore in FY24. Meanwhile, its revenue grew 7% YoY to Rs.445 crore.

Operating performance remained strong, with earnings before interest, tax,...