Bharat Global Developers Ltd secures Rs. 650 Crore Annual Supply Contract with TATA Agro & Consumer Products

Bharat Global Developers Ltd. (BGDL). Our Agro Division has secured a prestigious annual supply contract worth Rs. 650 crores with TATA Agro & Consumer Products. This partnership underscores BGDL's commitment to delivering quality, reliability, and excellence in the agricultural commodities space.

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. This collaboration reaffirms our capabilities in managing large-scale operations while adhering to stringent quality standards, further strengthening our position in the market.

The X650 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 X1,500 crores, 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 commmodities 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.

We remain committed to transparency, operational excellence, and delivering sustained value to our shareholders. The Company will keep the Exchange and stakeholders informed of any further developments or milestones related to this collaboration.

Shares of Bharat Global Developers Limited was last trading in BSE at Rs. 1022.40 as compared to the previous close of Rs. 1076.20. The total number of shares traded during the day was 5907 in over 609 trades.

The stock hit an intraday high of Rs. 1022.40 and intraday low of 1022.40. The net turnover during the day was Rs. 6039316.00.

Source : Equity Bulls

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