BCL Industries has experienced a significant improvement in its standalone net profit for the September quarter, with a remarkable 64% increase to reach Rs 21.01 crore. This is a notable turnaround from a loss of Rs 12.83 crore in the same period last year.

The company's total income also saw a substantial growth of 44% year-on-year, reaching Rs 533.84 crore from Rs 368.62 crore. In order to further expand its operations, BCL Industries is planning to invest Rs 350 crore in the establishment of a biogas plant and a distillery in Haryana. This strategic investment aims to enhance the company's presence in the recycling sector and diversify its business portfolio.

In summary, BCL Industries has witnessed a significant improvement in its financial performance, with a notable increase in net profit and total income. The company's strategic investment in a biogas plant and distillery in Haryana reflects its commitment to expanding its operations and diversifying its business portfolio.