B A S F India  witnessed a rise in share price on Wednesday after the company posted a sharp rise in standalone net profit for the quarter ended June 2015.  During the quarter, the profit of the company rose 78.38% to Rs 927.20 million from Rs 519.80 million  in the same quarter previous year.

Revenues for the quarter declined 6.76% to Rs 13,496.80 million, compared with Rs 14,476 million for the prior year period. Operating margin for the quarter stood at 1.43 percent  as compared to 4.63 percent for the previous year period.  Operating Income for the quarter was Rs 193.40 million, compared with Rs 670.7 million in the previous year period.

Shares of B A S F India are trading at Rs 1,195, up Rs 36.85, or 3.18% at the Bombay Stock Exchange (BSE) on Wednesday at 10:04 a.m.

The scrip has touched an intra-day high of Rs 1,212.40 and low of Rs 1,185. The total volume of shares traded at the BSE is 6,354.