Bhagyanagar India Limited Reports Earnings Results for the First Quarter Ended June 30, 2021

Bhagyanagar India Limited (BIL) is an India-based company, which is engaged in the manufacturing of copper products. The Company is also engaged in the generation of wind power energy. The Company deals in copper products such as copper rod, strips, pipes, busbars, sheets among others and has been a partner to its clients who are primarily original equipment manufacturer (OEM). Its products include copper bus bars, copper wires and rods, copper foils/sheets, paper insulated copper conductor (PICC), copper nuggets, copper tubes and pipes, and yoke assembly and solenoid switch. The Company's other products include solar flat plate collectors, commutators, solar fins, field coils and armature pins, submersible wires, and heating element/thermostat/immersion heaters. The Company has a wind power project with an installed capacity of nine megawatts (MW) at Kapatigudda, Karnataka State. The Company's manufacturing facility is located in Hyderabad.