Under this agreement, the company will supply a range of premium agricultural commodities, including tea leaves, coffee beans, organic pulses, coconuts, groundnuts, mustard and sesame seeds, as well as premium dry fruits such as almonds, cashews, nutmeg, and walnuts. The supply will be executed throughout the year in a phased manner, ensuring timely delivery to Tata Agro. This collaboration reaffirms our capabilities in managing large-scale operations while adhering to stringent quality standards, further strengthening our position in the market. 'The Rs 650 crore contract is a testament to BGDL's operational efficiency and market credibility. It also marks a strategic step toward expanding our footprint in the agricultural sector and diversifying our revenue streams. With a robust order book now exceeding Rs 1,500 crore, including significant contracts with Reliance Industries and McCain India Agro, BGDL is well-positioned for accelerated growth. These developments highlight our ability to forge meaningful partnerships with some of the most respected names in the industry, driving sustainable and profitable growth. This partnership with Tata Agro is expected to significantly enhance our topline and bottom line, contributing positively to the company's overall financial performance since we are expecting anywhere between 11% to 14% margins in this contract as our service fee. The steady demand for high-quality agricultural commodities aligns with our long-term vision of becoming a leading player in the agri-commodities sector. By leveraging our extensive expertise, efficient supply chain, and commitment to excellence, BGDL continues to create value for its stakeholders while exploring new opportunities for growth and collaboration,' the firm stated in an exchange filing. Bharat Global Developers (formerly known as Kkrrafton Developers) specializes in sourcing, importing, and exporting a wide array of products spanning industries such as textile, agriculture, consumer goods, and beyond. The company's standalone net profit zoomed 298.03% to Rs 10.11 crore on 300.28% jump in net sales to Rs 216.35 crore in Q2 FY25 over Q1 FY25. Powered by Capital Market - Live

Bharat Global Developers (BGDL) announced that its Agro Division has secured a prestigious annual supply contract worth Rs 650 crore with TATA Agro & Consumer Products. Under this agreement, BGDL will supply a range of premium agricultural commodities, including tea leaves, coffee beans, organic pulses, coconuts, groundnuts, mustard and sesame seeds, as well as premium dry fruits such as almonds, cashews, nutmeg, and walnuts. The supply will be executed throughout the year in a phased manner, ensuring timely delivery to Tata Agro. Powered by Capital Market - Live

The order involves the supply of 3,00,000 tons of oil-grade groundnuts, priced at Rs 52 per kilogram. The total contract value is Rs 156 crore and deliveries are scheduled to be completed in a phased manner over six months, directly to UPL Agro. BGDL confirmed that all deliveries will undergo rigorous quality checks to meet the highest standards specified by UPL Agro. On its strategic and financial impact, the company stated that 'This prestigious order reinforces BGDL's position as a key supplier in the agri-commodities sector and is expected to make a significant contribution to the company's revenue and profitability in the forthcoming quarters. The advance payment received further strengthens our liquidity and underlines our operational efficiency.' Looking ahead on its outlook, the company stated that 'BGDL continues to strengthen its position as a trusted partner for industry leaders like UPL Agro. This landmark order aligns with our long-term strategic growth objectives and enhances our credibility in delivering high-value projects. We are confident that this collaboration will pave the way for additional opportunities and contribute positively to shareholder value. The company remains committed to maintaining transparency and delivering consistent value to all stakeholders. We will keep the exchange informed of any material developments related to this order or future growth initiatives.' Bharat Global Developers (formerly known as Kkrrafton Developers) specializes in sourcing, importing, and exporting a wide array of products spanning industries such as textile, agriculture, consumer goods, and beyond. The company's standalone net profit zoomed 298.03% to Rs 10.11 crore on 300.28% jump in net sales to Rs 216.35 crore in Q2 FY25 over Q1 FY25. Powered by Capital Market - Live

Bharat Global Developers has received an order of Rs 156 crore from UPL Agro for supply of 3,00,000 tons oil grade groundnuts at a price of Rs 52 per kilogram. Powered by Capital Market - Live

Bharat Global Developers announced that its wholly-owned subsidiary, based in Dubai, has secured multiple prestigious orders for processing and supplying high-value precious stones, including diamonds, rubies, emeralds, and sapphires, to prominent wholesalers and bespoke designer jewellery boutiques. Additionally, the subsidiary has been entrusted with refining and supplying precious metals such as gold and palladium to global clients. The total value of these orders is approximately AED 109 million, translating to Rs 251 crore. The company said. These orders represent a substantial addition to our subsidiary's revenue pipeline and are expected to yield an estimated profit margin of 10-12% upon successful execution over the coming months.Powered by Capital Market - Live

The order entails processing and supplying high-value precious stones, including diamonds, rubies, emeralds, and sapphires, to prominent wholesalers and bespoke designer jewellery boutiques. Additionally, the subsidiary has been entrusted with refining and supplying precious metals such as gold and palladium to global clients. The total value of these orders is approximately AED 109 million, translating to Rs 251 crore. These orders represent a substantial addition to our subsidiary's revenue pipeline and are expected to yield an estimated profit margin of 10-12% upon successful execution over the coming months. This achievement underscores the company's commitment to excellence in the global precious stones and metals markets and highlights the growing confidence of our international clients in our capabilities. It also aligns with its strategic vision to enhance it footprint in high-value sectors and deliver sustained value to its stakeholders. Bharat Global Developers (formerly known as Kkrrafton Developers) specializes in sourcing, importing, and exporting a wide array of products spanning industries such as textile, agriculture, consumer goods, and beyond. The company's standalone net profit zoomed 298.03% to Rs 10.11 crore on 300.28% jump in net sales to Rs 216.35 crore in Q2 FY25 over Q1 FY25. Powered by Capital Market - Live

Bharat Global Developers announced that an Extra Ordinary General Meeting (EGM) of the Company will be held on 12 December 2024 .Powered by Capital Market - Live

The board of directors approved issue 8 bonus equity shares for every 10 existing equity shares held (8: 10) as on the 'record date' to enhance share liquidity, increase affordability, and broaden shareholder participation. The bonus issue of equity shares is subject to approval of the shareholders and other applicable statutory and regulatory approvals, as may be required. This move will increase the paid-up share capital from 101.25 crore shares to 182.26 crore shares. The company expects to complete this corporate action within 2 months from date of board approval. The bonus shares will be issued out of free reserves and/ or securities account premium account of the company available as on 30 September 2024, which stood at Rs 85.03 crore. Further, the company's board has recommended sub-division of equity shares to face value of Rs 1 per equity share from the existing face value of Rs 10 per equity share (1:10). Bharat Global Developers (formerly known as Kkrrafton Developers) specializes in sourcing, importing, and exporting a wide array of products spanning industries such as textile, agriculture, consumer goods, and beyond. The company's standalone net profit zoomed 298.03% to Rs 10.11 crore on 300.28% jump in net sales to Rs 216.35 crore in Q2 FY25 over Q1 FY25. The scrip freezed at its all time high of Rs 1,210.40 in today's intraday session.Powered by Capital Market - Live

The Board of Bharat Global Developers at its meeting held on 18 November 2024 has approved issue of bonus shares in ratio of 8:10. The Board also approved sub-division of equity shares to face value of Re 1.00 per equity share from the existing face value of Rs. 10.00 per equity shares. The Board also approved that the funds raised and allocated will be utilized to support the Company's ongoing and future projects, particularly in high-potential sectors such as AgriTech, Defense, and Green Energy. The Board will actively consider the declaration of a dividend in upcoming quarters, subject to financial performance and operational requirements. Powered by Capital Market - Live

Net profit of Bharat Global Developers reported to Rs 10.11 crore in the quarter ended September 2024. There were no net profit/loss reported during the previous quarter ended September 2023. Sales reported to Rs 216.35 crore in the quarter ended September 2024. There were no Sales reported during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales216.350 0 OPM %0.050 - PBDT13.650 0 PBT13.640 0 NP10.110 0 Powered by Capital Market - Live