Bengaluru, May 26 -- The shares of the prominent ethanol producer hit 20 percent upper circuit in today's trading session after the company's net profit and revenue increased by 1100 percent and 30 percent QoQ, respectively, in Q4.
With a market capitalization of Rs 1,165.79 crore, the shares of Godavari Biorefineries Ltd were trading at Rs 227.80 per share, increasing around 19.99 percent as compared to the previous closing price of Rs 189.85 apiece.
Q4 Highlights
The shares of Godavari Biorefineries Ltd have seen positive movement after reporting positive Q4 results, revenue increased by 30 percent on a quarter-on-quarter basis from Rs 447 crore in Q3FY25 to Rs 580 crore in Q4FY25. Further, revenue decreased by 6 percent year on year,...
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