Information is Wealth. ⬇️
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Table of Contents
1.New Work Order
Dynamic Portfolio Management & Services Ltd. is a public limited company incorporated on May 11, 1994. The company is primarily engaged in non-banking financial activities. As of December 31, 2023, the company has a net asset value of INR 12.22 Crore and a per-share value of INR 10.45. |
Ahasolar Technologies Ltd has received a Work Order from the Gujarat Energy Development Agency (GEDA) for a Consultancy Contract involving the feasibility and site survey of Solar Rooftop Systems on government buildings in Gujarat. The contract is valued at approximately ₹**8 crores** and is to be executed within a 9-month period. The order is domestic, and there is no interest from the promoter group in the awarding entity, ensuring it is not a related party transaction. https://www.bseindia.com/xml-data/corpfiling/AttachLive/4ebe4beb-e1f9-40e6-a4ed-f31cc4420703.pdf |
GE Power India Ltd has secured a significant contract from NTPC's NGSL (GE Power Services Private Limited) for the renovation and modernization of Steam Turbines at NTPC's Vindhyachal TPS Unit No. 1-3 (3x210 MW). The project aims to improve heat rate efficiency and extend the life of the turbines. The contract, valued at approximately INR 348 crores (excluding GST), is set to be executed over a period of 44 months. This domestic order is a related party transaction, executed at arm's length, with GE Power India responsible for critical supplies, including design, engineering, testing, and commissioning(Tiwari et al., n.d.). https://www.bseindia.com/xml-data/corpfiling/AttachLive/d340a0af-39be-4759-8db5-6d5267e303e6.pdf |
RailTel Corporation of India Ltd has secured a significant work order from the Ministry of Railways (Railway Board) for the Design, Development, Implementation, Operations, and Maintenance of HMIS and Integrated Empanelled Hospital Referral Portal for Indian Railways. The contract is valued at Rs. 1,86,81,0,00,000 (including tax) and is to be executed over a period of four years. The Ministry of Railways, which holds a 72.84% shareholding in RailTel, awarded this domestic contract. This project involves augmenting the existing HMIS application to meet new requirements of the Indian Railways. |
Veerhealth Care Limited has recently received a repeat order in the hair care category from an existing healthcare client. The order involves the manufacture and supply of shampoo and conditioner to be executed within 60 days at a value of Rs. 121 lakhs. The entity awarding the order and significant terms are not disclosed due to a Non-Disclosure Agreement. The order has been awarded by a domestic entity, and there are no interests from the promoter group in the entity awarding the contract. |
2. Business UpdatesGVK Power & Infrastructure Ltd. has initiated the Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016, effective from July 12, 2024. The National Company Law Tribunal (NCLT) appointed Satish Kumar Gupta as the Interim Resolution Professional (IRP). The company's Board of Directors' powers are suspended, and a moratorium is in place prohibiting suits, asset transfers, and recovery actions. The public announcement for creditors to file claims has been made, and the CIRP process is ongoing to resolve the financial distress of the company. https://www.bseindia.com/xml-data/corpfiling/AttachLive/e51f316e-1f4e-47f9-9aee-57364b91eda0.pdf |
AccelerateBS India Ltd. has announced a Board of Directors meeting scheduled for Friday, July 26, 2024, at 2:00 p.m. The primary agenda of this meeting is to consider, approve, and recommend the issuance of Bonus Equity Shares. This decision is in accordance with Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015. The company, formerly known as AccelerateBS India Pvt. Ltd., aims to enhance shareholder value through this proposed issuance. https://www.bseindia.com/xml-data/corpfiling/AttachLive/b6c96b2d-e0ba-478f-8885-7449ef422f57.pdf |
Allcargo Logistics Ltd. reported a 2% increase in LCL volume for June 2024 compared to May 2024 and a 4% increase compared to June 2023. The rise is attributed to global events and high demand across trade lanes during Q2 2024. Regions like Europe, APAC (Asia-Pacific), Middle East, and India saw significant volume growth. Container utilization improved, with the index showing levels rebased to July 2023. FCL volume also increased by 1% month-over-month and 13% year-over-year, with higher volumes in the USA, Latin America, and APAC (Phiroze Jeejeebhoy Towers, Dalal Street, Fort, Mumbai -400 001, Fort, Mumbai -400 001). https://www.bseindia.com/xml-data/corpfiling/AttachLive/204637c4-f85e-4407-acc8-3b966158939c.pdf |
Oberoi Realty Ltd. has announced the audio recording of their Q1FY25 results and business updates conference call, held on July 22, 2024. The recording is accessible on their website under the Investors section, specifically under Financial Results for FY 2024-2025, Quarter 1. This update is in compliance with Regulations 30 and 46 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. For more details, visit their financial results webpage. https://www.bseindia.com/xml-data/corpfiling/AttachLive/7658afb3-91c7-4c56-9d72-372a5e906f36.pdf |
Indiabulls Housing Finance Ltd has officially changed its name to Sammaan Capital Limited effective from July 26, 2024. This change follows approvals from both the National Stock Exchange of India Limited (NSE) and BSE Limited (BSE) as communicated on July 22, 2024. The company's shares will now be traded under the new symbol SAMMAANCAP on both exchanges. This rebranding marks a significant milestone in the company's evolution and strategic direction. https://www.bseindia.com/xml-data/corpfiling/AttachLive/08d15725-ad41-4852-bcdc-d4c529656863.pdf |
Vishwaraj Sugar Industries Ltd has received approval from the Commerce and Industries Department, Government of Karnataka, to establish a new sugar factory at Navage Village, District Belagavi. This development is part of the company's expansion plans in the state of Karnataka. The approval was disclosed in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015. The new factory is expected to enhance the company's production capacity and contribute to its growth strategy. https://www.bseindia.com/xml-data/corpfiling/AttachLive/7ebe5875-d95c-4a7a-8519-2f3526792d6e.pdf |
Varun Beverages Ltd has informed the National Stock Exchange of India and BSE Limited about the commencement of commercial production of carbonated soft drinks and packaged drinking water by its subsidiary in Kinshasa, Democratic Republic of Congo. The update includes the initiation of production at a specific location and can be found on the company's website. The communication was signed by Ravi Batra, the Chief Risk Officer & Group Company Secretary of Varun Beverages Ltd. |
LGB FORGE LTD. has announced the voluntary delisting of its equity shares from the National Stock Exchange of India Limited (NSE) without providing an exit opportunity to shareholders, as per Regulation 5 and 6 of the Securities and Exchange Board of India (Delisting of Equity Shares) Regulations, 2021. Trading in the company's equity shares will be suspended from July 30, 2024, and the delisting will be effective from August 06, 2024. This decision follows a communication from NSE on July 22, 2024, and is detailed in NSE Circular No. NSE/CML/62973 dated July 16, 2024. https://www.bseindia.com/xml-data/corpfiling/AttachLive/44f0ef0e-a027-4d11-85ae-c184fb5af929.pdf |
Rajnish Retail Limited (formerly Sheetal Diamonds Limited) has announced a significant expansion in their product range, offering over 100+ high-quality products in multiple states to meet diverse customer needs. The company has witnessed substantial growth in market share in the FMCG sector, enhancing customer satisfaction through investments in supply chain infrastructure. They plan to further expand their product portfolio, extend distribution networks to additional states, and focus on national presence, eco-friendly practices, digital platforms, and strategic partnerships to drive growth and innovation. |
3. Investor PresentationZensar Technologies Ltd. reported a 4.3% sequential QoQ revenue growth in constant currency for Q1 FY25, with total revenue reaching 154.4M |
Spencers Retail Ltd reported its Q1 FY25 financial results, highlighting a revenue of ₹548 Crore with a gross margin of ₹112 Cr at 20.5%, showing a 90 bps YoY growth. The company significantly improved its EBITDA to ₹29 Crore from ₹7 Crore in the previous year's Q1, and reduced its PBT loss to ₹43 Crore from ₹64 Crore. Operational efficiencies led to an 11% reduction in operating costs. |
Allied Blenders and Distillers Ltd is the 3rd largest spirits company in India by annual sales volumes, with a strong portfolio of 17 IMFL (Indian Made Foreign Liquor) brands. Some of its notable brands include Officer’s Choice and Sterling Reserve. |
MRP Agro Ltd has transitioned from food grain trading to processing, enhancing value addition with a new dal mill unit. The plant, powered by AGI Milltec machinery, processes 4 tons per hour and features a 150-kW off-grid solar plant. The company reported Q1 FY 24-25 revenue of ₹1,746.23 lakhs and a profit after tax of ₹100.18 lakhs. Future plans include expanding solar capacity to 1000 kW and adding units for flour, besan, spices, cold storage, and rusk. The company benefits from a 40% MSME capital subsidy and a ₹0.84 crore annual subsidy under the MP MSME Protsahan Yojna 2021. https://www.bseindia.com/xml-data/corpfiling/AttachLive/50b9e3ea-3fb5-48ee-9401-12d80d3549c6.pdf |
Ksolves India Ltd reported a 33% YoY growth in revenue for Q1 FY25, reaching INR 3,157 lakhs. The company's EBITDA grew by 18% YoY to INR 1,202 lakhs, while PAT increased by 18% YoY to INR 895 lakhs. The firm remains debt-free and has achieved a milestone of INR 100 Cr+ revenue in FY24. Key growth drivers include increased utilization, strategic tech partnerships, and smart investments in top-class teams. The company has also expanded its geographical presence, with 79% of revenue from overseas markets. https://www.bseindia.com/xml-data/corpfiling/AttachLive/375ceca0-eaa7-49b5-913c-49b79c01df03.pdf |
Nitin Spinners Ltd. reported a robust performance in Q1 FY25, with total revenue reaching Rs. 802.9 Crs, a 30.12% YoY increase(_7/23/2024_39, n.d._). The EBITDA stood at Rs. 118.8 Crs, up 56.11% YoY, and Profit After Tax (PAT) was Rs. 42.1 Crs, marking a 45.74% YoY growth(_7/23/2024_39, n.d._). The company’s revenue is majorly driven by yarn sales (72.9%) and exports (63.8%)(_7/23/2024_39, n.d._). Nitin Spinners Ltd. has a strong global presence across 50+ countries and continues to expand its production capabilities, including 4,34,832 spindles and 18.8 MW renewable energy capacity(_7/23/2024_39, n.d._). https://www.bseindia.com/xml-data/corpfiling/AttachLive/e214cb10-fd31-4fdd-a242-857d275b9608.pdf |
Ksolves India Ltd reported a 33% YoY growth in Q1FY25 revenue and an 18% increase in PAT. The company achieved a milestone of ₹100 Cr+ revenue in FY24, with consistent growth in sales (81%) and net profit (166%) from FY20 to FY24. The top 5 clients contributed 38% of the revenue, with 79% of the revenue coming from overseas. Ksolves has a diversified portfolio, including AI/ML, Big Data, and Salesforce technologies, and has received multiple awards, such as the Indian MSME of the Year 2023. Ksolves India Ltd remains debt-free and has a strong focus on innovation and customer satisfaction. https://www.bseindia.com/xml-data/corpfiling/AttachLive/1ab70984-fc1b-4584-af5d-7f2c8e0f042d.pdf |
Cyient DLM Ltd reported significant financial and business updates for Q1 FY25. The company achieved a strong revenue growth of 18.8% YoY, reaching ₹2,579 Mn, with a PAT growth of 97.7% YoY, driven by revenue growth and other income. |
Ksolves India Ltd has reported significant growth in Q1FY25, with a 33% increase in revenue from operations and an 18% rise in Profit After Tax (PAT) year-over-year. The company achieved a milestone of over 100 Cr+ revenue in FY24, maintaining consistent revenue and PAT growth with a Compound Annual Growth Rate (CAGR) of 81% and 166% respectively from FY20 to FY24. Ksolves has a diversified revenue stream, with 97.5% of its business coming from development and consulting services, and a strong presence in North America contributing 78% of its overseas revenue. The company has also been recognized with several awards, including the Indian MSME of the Year 2023 by Economic Times and the NASSCOM SME Inspire Awards 2023. https://www.bseindia.com/xml-data/corpfiling/AttachLive/863feb24-95f7-4a77-80b0-183c21f72e15.pdf |
Jana Small Finance Bank Ltd reported a robust performance for Q1 FY2025, showcasing a 41% y-o-y growth in deposits and a 25% y-o-y increase in advances. The bank's Capital Adequacy Ratio (CRAR) stands at 19.3%, with a Tier-1 CRAR of 18.2%. The Gross Non-Performing Assets (GNPA) slightly increased to 2.5%, attributed to seasonal factors. The Return on Assets (ROA) and Return on Equity (ROE) were reported at 2.1% and 18.8%, respectively. The bank's Profit After Tax (PAT) for the quarter was Rs. 171 crores, reflecting a strong financial position. |
UCO BANK reported significant financial performance for the quarter ending June 2024. The bank's Net Profit surged by 147.09% YoY to ₹**551 Cr**, while Net Interest Income increased by 12.20% YoY to ₹**2254 Cr**. |
Trishakti Industries Ltd, a Kolkata, India-based company specializing in infrastructure and heavy earth moving equipment rentals, recently expanded into the infrastructure sector. They provide high-quality machinery to reputed companies like Tata Steel, Larsen and Toubro, and ONGC. The financial performance for the first quarter of the fiscal year 2024 showed significant growth. Trishakti Industries reported a net profit of Rs. 200 lakhs and a remarkable 620% increase in profitability quarter to quarter. The company focused on expanding its operations by completing a Rs. 100 million Capex during FY 2024-25 Q1. This investment was channeled towards purchasing new cranes and other essential assets to support their growth. (Trishakti Industries Ltd_7/23/2024_75, n.d.) https://www.bseindia.com/xml-data/corpfiling/AttachLive/0c9bc834-615b-4e84-abfc-a0dda2995c84.pdf |
Indian Overseas Bank (IOB) reported robust financial performance in Q1 FY25 with significant growth in business and profitability. Key highlights include a 20.30% increase in advances, 16.04% growth in total business, and a 26.47% rise in net profit. Total income for the quarter ending June 2024 stood at Rs. 7568 crores, showing a 21.54% year-on-year growth. The bank's digital initiatives and strategic investments, such as the joint venture with Universal Sompo General Insurance, demonstrate its commitment to innovation and expansion. https://www.bseindia.com/xml-data/corpfiling/AttachLive/d3d8f981-a865-4151-9247-2ff510a0e154.pdf |
SUPREME INDUSTRIES LTD. is a leading plastic manufacturing company in India with strong financial performance in Q1 FY25. It reported a 17% y-o-y volume growth, reaching 173,835 MT, and an 11% y-o-y revenue increase to Rs. 2,636 Cr. The company achieved a 20% y-o-y EBITDA growth to Rs. 388 Cr and a 22% y-o-y PBT growth to Rs. 320 Cr. It remains debt-free with a cash surplus of Rs. 1,245 Crores as of June 30, 2024. https://www.bseindia.com/xml-data/corpfiling/AttachLive/40a6e43a-8e89-4e2b-81da-19da1da503fe.pdf |
Dodla Dairy Ltd is an integrated dairy company founded in 1995, operating in India and Africa. It procures milk directly from farmers, with a unique presence in the dairy segment. |
Aurum PropTech Ltd is a technology company listed on the BSE and NSE. They specialize in Property Technology and aim to enhance consumer experiences and increase enterprise efficiency in the real estate value chain. Their distribution portfolio focuses on bridging the demand and supply gap in the housing sales market through AI and data science-enabled solutions. The company has capitalized its product development expenditure, with key software/products including discovery portals, mobile apps, sales automation tools, and CRM platforms. In FY 24, they had 138 people in the product and technology teams, with costs totaling around ₹**27 Cr**. (Aurum PropTech Ltd\_7/23/2024\_98, n.d._) https://www.bseindia.com/xml-data/corpfiling/AttachLive/00f50f86-9d35-4427-84ea-86280e16f326.pdf |
Gensol Engineering Ltd. has emerged as the winning bidder for 116 MW (150 MWp) of solar projects in Gujarat, with an estimated EPC revenue of INR 600 Crores. These projects will be distributed across 27 locations under Paschim Gujarat Vij Co. Ltd. (PGVCL) and are expected to be operational within 12 months post the issuance of the Letter of Award (LoA). |
Zensar Technologies Ltd. reported a 4.3% sequential QoQ revenue growth in constant currency for Q1 FY25, with total revenue reaching $154.4M |
Royal Sense Limited has launched a new product, the STERGIC IRIS ANKLET. This is a medical device designed to support and stabilize the ankle joint post-injury or surgery. It aids in recovery and mobility, catering to the orthotics category.The product was launched on July 22, 2024, targeting the domestic market. The anklet provides stability, compression, and promotes healing by enhancing proprioception. Royal Sense Limited is known for providing innovative diagnostic solutions globally, focusing on quality, reliability, and accessibility in healthcare. (Royal Sense Ltd_7/23/2024_85, n.d.) https://www.bseindia.com/xml-data/corpfiling/AttachLive/9c00094e-18b1-4c87-bc7d-5e7052adebe3.pdf |
SRM Contractors Ltd has been awarded a new EPC project by the National Highway Authority of India (NHAI) for a quoted price of Rs 100.45 crore. The project involves slope protection work at various locations on the hillside between Km 67+000 to Km 106+139 of the Parwanoo-Solan section of NH22 (now NH55) in Himachal Pradesh. The construction period for this project is 18 months. https://www.bseindia.com/xml-data/corpfiling/AttachLive/034c453b-34bc-42df-9ede-c72889f59545.pdf |
FOODS & INNS LTD. is the target company in an open offer by Raymond Simkins and Milan Bhupendra Dalal, along with Borgos Multitrade LLP, for acquiring up to 1,90,79,617 equity shares at ₹147 per share. This offer is in accordance with SEBI (SAST) Regulations, 2011. The Offer Opening Public Announcement and Corrigendum to Detailed Public Statement were published in Financial Express, Jansatta, and Pratahkal newspapers. The SEBI observation letter for this offer is dated July 4, 2024, from Andheri (East), Mumbai 400 069, Maharashtra, India, and Andheri (East) 400 069 Mumbai Maharashtra India & Nariman Point, Mumbai 400 021 Nariman Point 400 021 Mumbai, n.d. https://www.bseindia.com/xml-data/corpfiling/AttachLive/5149DB9F-5E76-4F14-8EF5-654B591508FA-173333.pdf |
4. Preferential BasisQualitek Labs Ltd has scheduled a Board Meeting on July 26, 2024, at 11:30 A.M. to discuss several key matters. The agenda includes deciding the date, time, and place for the 6th Annual General Meeting (AGM) for the financial year 2023-24, approving the draft notice and Directors' report for the AGM, fixing the book closure date, and evaluating a proposal for raising funds through preferential allotment of equity shares. |
FINEOTEX CHEMICAL LTD. successfully raised Rs. 342.55 crores through a preferential allotment of equity shares and convertible warrants in two phases. The first allotment was on May 22, 2024, and the second on July 19, 2024. The company received an upfront payment of INR 22.72 crores for the first phase and INR 27.26 crores for the second phase. Each warrant is convertible into one fully paid-up equity share upon payment of INR 259.50 per warrant for the first phase and INR 290.55 per warrant for the second phase within 18 months. This fund raise will be used to support organic and inorganic growth opportunities, enhancing shareholder value and operational excellence(Parmar, n.d.). https://www.bseindia.com/xml-data/corpfiling/AttachLive/0428ed0d-677f-4b96-8787-0f18daa4f15e.pdf |
Natural Biocon (India) Ltd recently conducted a Preferential Allotment Committee meeting on July 22, 2024. They allotted 14,50,000 equity shares at a price of Rs. 13.50 per share, including a premium of Rs. 3.50 per share, to 3 proposed allottees out of 7. The total allotment amount was Rs. 1,95,75,000. The trading window for the company's equity shares will remain closed for forty-eight hours after the meeting's outcome announcement. The meeting was held in Ahmedabad, and the Managing Director, Arunkumar Dashrathbhai Prajapati, signed the communication(To, nd). https://www.bseindia.com/xml-data/corpfiling/AttachLive/36ee4716-2c9b-455a-a43a-c28213103dfc.pdf |
Shree Pushkar Chemicals & Fertilisers Ltd has announced the allotment of 7,11,811 equity shares on a preferential basis upon the conversion of warrants. This conversion was approved by a special resolution at the 30th Annual General Meeting held on September 29, 2023. The shares were issued at an issue price of Rs. 212.65 per share, resulting in an increase in the company's paid-up equity share capital to Rs. 32,33,76,910, comprising 3,23,37,691 equity shares of Rs. 10 each. The allotment was made to Mr. Gautam Makharia, Joint Managing Director and Promoter of the company, who now holds 1,02,59,790 shares, representing 31.73% of the post-allotment equity. |
Pradhin Ltd held a Board Meeting on 22nd July 2024, where key decisions were made. euclid:below:1: |
5. Press ReleasesKBC Global Ltd has recently announced significant developments aimed at business expansion and strategic growth.On July 23, 2024, the company appointed Mr. Muthusubramanian Hariharan as Executive Director and CEO, effective from July 9, 2024. This move aligns with their strategy to explore new business opportunities, including the opening of a corporate office in Mumbai. |
Mahindra Logistics Ltd reported a 10% YoY increase in Q1FY25 revenue, reaching Rs. 1,420 crores, compared to Rs. 1,293 crores in Q1FY24. |
Greenlam Industries Ltd. reported a consolidated net revenue growth of 17.4\%YoY for Q1FY25, reaching ₹**604.7 crores**.\ |
Mangalore Refinery & Petrochemicals Ltd. reported its highest-ever crude processing in May 2024 at 1,593.2 TMT and the highest ATF dispatch at 230.416 TMT. The company processed new crude types from Russia and Saudi-Kuwait in Q1 FY 2024-25. Financially, the revenue from operations increased to ₹27,289 Crore, while Profit Before Tax and Profit After Tax significantly decreased to ₹101 Crore and ₹66 Crore, respectively. The GRM dropped to $4.70 per bbl, and the debt-equity ratio improved to 0.89. (Source: MANGALORE REFINERY & PETROCHEMICALS LTD._7/23/2024_) https://www.bseindia.com/xml-data/corpfiling/AttachLive/12fd4679-e25e-4a0d-85bf-886e4ad73870.pdf |
Trent Ltd. has announced the launch of Westside's 230th store in Lucknow. Located at Ashiyana Paradise Commercial Plot No. CP/03 Sector G, Kanpur Road, this new store spans 28,042 sq ft. |
Rudra Ecovation Ltd has announced key appointments to strengthen its management team. On July 22, 2024, the company appointed: |
WENDT (INDIA) LIMITED reported its unaudited financial results for the quarter ended June 30, 2024. The company achieved standalone sales of Rs. 4376 lakhs, a 5% decrease year-over-year (YoY), with domestic sales rising by 2% to Rs. 3468 lakhs and exports falling by 23% to Rs. 908 lakhs. The standalone Profit After Tax (PAT) was Rs. 745 lakhs, down 14% YoY. On a consolidated basis, sales were Rs. 4844 lakhs, a 5% decline YoY, with a PAT of Rs. 768 lakhs, 15% lower than the previous year. (**WENDT (INDIA) LTD.**_7/23/2024_38, n.d.) https://www.bseindia.com/xml-data/corpfiling/AttachLive/3f4a09c9-2399-404d-8f57-907fa00a0ce9.pdf |
Wardwizard Foods and Beverages Ltd is significantly expanding its global footprint with a focused export strategy, enhancing India's culinary reputation. The company has entered the UAE market with high-quality Ready-to-Eat (RTE) products and is experiencing a surge in demand in the USA and Canada for both RTE and frozen snacks. Popular products include Shahi Rajma, Chana Masala, and Paneer Butter Masala, along with frozen snacks like Veg Spring Roll and Punjabi Samosa. This strategic shift from the Indian retail market to exports is driving unprecedented growth, reflecting the universal appeal and trust in their diverse product portfolio. https://www.bseindia.com/xml-data/corpfiling/AttachLive/17e64642-83ad-4d59-9e4e-90f39edc2b0f.pdf |
Allied Blenders and Distillers Ltd reported a 7.8% increase in total income to Rs. 7,675 crore for FY24, compared to Rs. 7,117 crore in FY23. Income from operations rose by 5.6% to Rs. 3,334 crore, while EBITDA grew by 26.7% to Rs. 248 crore, improving the EBITDA margin to 7.5%. Profit After Tax increased by 14.3% to Rs. 1.8 crore. The company successfully launched Zoya Gin in the luxury segment and achieved significant milestones with ICONiQ White whisky. ICONiQ White whisky sold over 2 million cases in FY24. https://www.bseindia.com/xml-data/corpfiling/AttachLive/b8ac6b45-677b-45c3-a4cd-23263c500a72.pdf |
Pondy Oxides & Chemicals Ltd. reported a robust financial performance for Q1FY25, with consolidated revenue from operations increasing by 37% YoY to INR 445 Cr. This growth was driven by higher production and sales in Lead and Plastics. |
Crompton Greaves Consumer Electricals Ltd reported a significant financial milestone by turning net debt positive after repaying Rs 1,825 Cr of debt, including the latest Rs 300 Cr tranche of NCD in July 2024. The company, which had taken on Rs 2,125 Cr debt for acquiring Butterfly Gandhimathi Appliances Ltd, has managed to reduce its interest costs significantly through robust cash generation. As of FY23-24, the company achieved a net debt positive status of Rs 244 Cr. |
Blue Dart Express Ltd. has announced its annual 'Rakhi Express' offer, providing discounted rates for domestic and international shipments. Customers can send Rakhi shipments up to 0.5 kg for Rs. 250/- and enjoy a flat 40% discount on domestic shipments weighing 0.5 kg to 2.5 kg. International shipments receive up to 50% off for packages weighing 0.5 kg to 20 kg. This offer is valid until August 19, 2024. Blue Dart ensures timely delivery to over 56,000 locations in India and 220 countries worldwide, leveraging advanced technology for speed and reliability. https://www.bseindia.com/xml-data/corpfiling/AttachLive/6285b383-5893-41c0-b20f-f3d58a302f41.pdf |
OIL India Ltd. has signed a significant contract with Dolphin Drilling Limited for the hiring of the '**Blackford Dolphin**,' a Moored Semi-Submersible Drilling Unit. This contract, finalized on July 22, 2024, in Delhi, aims to deploy the Blackford Dolphin for drilling operations in the Andaman Offshore Blocks. The agreement was signed by the CEO of Dolphin Drilling and the General Manager (C&P) of OIL, in the presence of senior officials and the Chairman & Managing Directors of both companies. This collaboration marks a strategic move for OIL to enhance its exploration activities in the offshore oil and gas sectors. https://www.bseindia.com/xml-data/corpfiling/AttachLive/bb98e2fd-7028-4da2-a21d-513a37903238.pdf |
Mastek Ltd. has been recognized at the 19th Annual 2024 Globee® Awards for Technology, winning the Gold Globee for Executive of the Year in the IT Integrated category, awarded to CEO Hiral Chandrana, and the Silver Globee for Chief Technology Officer of the Year, awarded to CTIO Ritwik Batabyal. These accolades underscore Mastek's commitment to innovation and excellence in digital engineering and cloud transformation. |
Indian Overseas Bank has reported a significant financial performance improvement for the quarter ending June 30, 2024. Net profit surged by 26.60% to ₹633 crores from ₹500 crores in the same period last year. This was driven by strong operational efficiencies and strategic initiatives. |
Jana Small Finance Bank Ltd reported a significant 89% year-on-year increase in Profit After Tax (PAT) for Q1 FY25, reaching ₹**171 crore**. The bank's Loan Assets Under Management (AUM) grew by 25% y-o-y to ₹**25,759 crore**, with secured assets now comprising 62% of the total. Total deposits rose by 41% y-o-y to ₹**23,710 crore**, with CASA (Current Account Savings Account) deposits increasing by 47% y-o-y. The bank maintained a strong Capital Adequacy Ratio (CAR) of 19.3% and a Return on Equity (ROE) of 18.8%. Despite a slight increase in Gross Non-Performing Assets (NPA) to 2.5%, the bank's performance remained robust with a focus on secured asset growth and CASA deposits. https://www.bseindia.com/xml-data/corpfiling/AttachLive/254d3b24-1e6b-497c-9053-879dc9020aca.pdf |
Ashika Credit Capital Ltd has reported a significant improvement in its financial performance for Q1 2024. The company's net profit surged by 314.46% to ₹**13.47 crore**, compared to ₹**3.25 crore** in the same quarter of the previous year. Revenues also saw a substantial increase of 279.30%, reaching ₹**18.51 crore**, up from ₹**4.88 crore**. This growth underscores the company's strategic focus on expanding its service portfolio and optimizing operations. Moving forward, Ashika Credit Capital Ltd aims to leverage its strengths in algo trading, tactical investment, and special situations investment to drive further growth and value creation. https://www.bseindia.com/xml-data/corpfiling/AttachLive/975419cc-0714-46da-a495-53c50feb1e8f.pdf |
MosChip Technologies Ltd reported its unaudited financial results for Q1 FY 2025, showcasing significant growth. The company's income from operations increased by 7% from ₹75.42 crores in Q4 FY24 to ₹80.35 crores in Q1 FY25. EBITDA saw a substantial rise of 32%, reaching ₹10.36 crores, while PAT surged 4.5 times to ₹3.98 crores. Compared to Q1 FY24, income from operations grew by 41%, EBITDA by 27%, and PAT by 24%. |
Easy Trip Planners Ltd (EaseMyTrip) has inaugurated a new office in Gurugram, Haryana, on July 22, 2024, marking a significant milestone in its expansion journey. The new office, located in the prime Institutional Area, Sector 32, will support the company's integral operations and enhance its service offerings. CEO & Co-founder Nishant Pitti expressed excitement about this expansion, highlighting the company's commitment to transforming the travel and tourism industry. |
UCO BANK reported significant financial growth for the quarter ending June 30, 2024. The total business grew by 11.46% year-over-year (y-o-y) to ₹**461,408 crore**, with gross advances increasing by 17.64% to ₹**193,253 crore** and total deposits rising by 7.39% to ₹**268,155 crore**. The net profit surged by 147.09% y-o-y to ₹**551 crore**, while the operating profit increased by 9.81% y-o-y to ₹**1,321 crore**. The bank's asset quality improved, with gross NPA reducing to 3.32% and net NPA to 0.78%. Additionally, the Capital Adequacy Ratio (CRAR) improved to 17.09%, and the bank's network includes 3,230 domestic branches and 2 overseas branches. (UCO BANK_7/23/2024_73, n.d.) https://www.bseindia.com/xml-data/corpfiling/AttachLive/96f1d59e-a9d6-43ac-89e2-c65b1d5a3cd4.pdf |
UCO BANK '_7/23/2024_ 76, (n.d.). In this document, we find key information regarding UCO BANK's reviewed financial results for the quarter ended June 30, 2024. The document covers significant aspects, including: |
IDBI Bank Ltd. reported impressive financial results for Q1 FY 2025, showcasing significant growth and improvements. Key highlights include a 40% YoY rise in net profit to ₹**1,719 crore**_, operating profit at ₹**2,076 crore**_, NIM at 4.18%_, CRAR at 22.42%_, and a notable decrease in Gross NPA to 3.87% and Net NPA to 0.23%**. The bank also saw growth in total deposits, CASA, and net advances, reflecting a positive business trajectory. (IDBI BANK LTD._7/23/2024_77, n.d.) https://www.bseindia.com/xml-data/corpfiling/AttachLive/80a28659-757f-403c-88d9-04503356ab1c.pdf |
Bigbloc Construction Ltd, a leading AAC block manufacturing company in India, recently recommended a 1:1 bonus issue and approved an increase in authorized share capital to Rs. 30 crore. The company's board also declared a final dividend of 20% per equity share for FY24, with a record date of July 26, 2024. Promoter Group shareholders, holding 60.18% of the company, have waived their dividend. In FY24, the company reported a consolidated net profit of Rs. 30.69 crore, revenue of Rs. 243.22 crore, and EBITDA of Rs. 56.15 crore, showcasing strong financial performance. (Saboo, n.d.) https://www.bseindia.com/xml-data/corpfiling/AttachLive/e27bd947-176c-4f23-8736-bf93b49952a9.pdf |
Tiger Logistics (India) Ltd, a BSE-listed international logistics company, recently celebrated its certification as a Great Place To Work® in India for the period July 2024 to July 2025. The company boasts a strong presence in key Indian cities like Delhi, Mumbai, Bangalore, and Chennai, as well as strategic locations near major ports. Tiger Logistics offers a wide range of services including ocean and air freight, defence and project logistics, customs clearance, and transportation solutions. They also introduced FreightJar, a proprietary digital platform for streamlined freight booking and management. With over 24 years of experience, Tiger Logistics caters to various industries such as automotive, engineering, textiles, pharmaceuticals, commodities, and FMCG. https://www.bseindia.com/xml-data/corpfiling/AttachLive/fa5292a8-e36d-437f-b85b-b9e1fcb38833.pdf |
SUPREME INDUSTRIES LTD. announced its Unaudited Standalone & Consolidated financial results for the Quarter ended 30th June, 2024. |
Veerhealth Care Limited secured a repeat order worth ₹121 Lakhs in the hair care category from a leading corporate healthcare client. The company is investing ₹33 Crores for expansion, aiming to reach a revenue of ₹100 crores with a PAT of 10% in the next 2 to 3 years. Veerhealth Care Limited is involved in manufacturing Ayurvedic medicines, oral care, and personal care products, with a state-of-the-art manufacturing facility in Vapi, Gujarat. The company's total revenue in FY24 was ₹14.61 Crores, with a profit before tax of ₹1.28 Crores. The company aims to solidify its market position by delivering high-quality products and services. |
ROYAL ORCHID HOTELS LTD. has launched "Regenta Rewards", a new loyalty program for its guests, offering benefits like complimentary breakfasts, F&B offers, free experiences, and more. The program includes two tiers - Discoverer and Explorer,- with a focus on simplicity and gamification. Guests can earn and redeem points across stays, F&B, and experiences within the group, as well as with retail partners and travel providers. The program is open to individuals aged 18 and above,- with plans for a kids program in the future. (**ROYAL ORCHID HOTELS LTD.**,_7/23/2024_,_86_, n.d.). https://www.bseindia.com/xml-data/corpfiling/AttachLive/1d26c3f1-4906-4d4a-94ca-95a64ac754d6.pdf |
RANE BRAKE LINING LTD. announced un-audited financial results for the quarter ending June 30, 2024. The company reported a total revenue of ?160.5 Crore, EBITDA of ?18.1 Crore, and PAT of ?8.8 Crore. There was a 4.9% increase in total revenue compared to the previous year. The EBITDA margin improved to 11.3% from 8.1% in the previous year. Sales to OE customers grew by 8%, while sales to aftermarket customers declined by 4%. Export sales increased by 29%, driven by orders from the US and expansion into new regions like Kenya and Uganda. https://www.bseindia.com/xml-data/corpfiling/AttachLive/b8f7f5eb-eb3e-4f14-a19a-766488c97dd4.pdf |
COAL INDIA LTD. recently acquired a graphite block in Alirajpur district, Madhya Pradesh, marking its first non-coal mineral mining venture. The company won the bid by quoting a mining premium of 150.05 percent of the mineral despatch value. The graphite block covers an area of nearly 600 hectares. India currently imports about 69% of its graphite requirements. Graphite's significance in lithium-ion battery manufacturing, coupled with the projected market growth, positions CIL strategically in the green energy transition. |
Dodla Dairy Ltd reported impressive financial results for Q1 FY25, with record-high quarterly operating revenues of ₹**9,116 Mn**, showing a 10.7% YoY growth. The company's EBITDA margin expanded by 420 bps YoY to 11.5%, and the Profit After Tax (PAT) grew by 85.9% YoY to ₹**650 Mn**. |
Happiest Minds Technologies Ltd has been recognized among the '50 Best Firms for Data Scientists to Work for 2024' by Analytics India Magazine. This prestigious award highlights the company's dedication to fostering an innovative environment for data professionals. Happiest Minds Technologies is committed to empowering its team with cutting-edge tools and creating a supportive workspace for data science talent to thrive. The company's relentless pursuit of excellence and innovation in the field of data science has led to this recognition. (Kumar Darshankar, n.d.) https://www.bseindia.com/xml-data/corpfiling/AttachLive/63a61500-aa66-472d-8371-4cf60fb22714.pdf |
TATA Consultancy Services Limited collaborated with Rolls-Royce on a hydrogen research program, aiming to develop hydrogen fuel system technology for aviation. This partnership aligns with TCS's sustainability goals, including reducing carbon emissions. TCS has a long-standing relationship with Rolls-Royce, providing engineering skills and support for sustainable aviation solutions. TCS has already made significant progress in reducing its carbon footprint, exceeding its sustainability targets ahead of schedule (Manohar & Company Secretary, n.d.). https://www.bseindia.com/xml-data/corpfiling/AttachLive/a3fa08bf-4149-4c55-9809-d53a671cb531.pdf |
TARC Limited, a luxury real estate developer based in New Delhi, India, recently appointed Arabian Construction Company as the principal contractor for its luxury residential developments, including TARC Kailasa and TARC 63A in Gurugram. |
Zydus Lifesciences Ltd received approval from COFEPRIS of Mexico to market Bhava™ (Bevacizumab biosimilar) for treating various cancers. The biosimilar will be available in strengths of 100 mg/4 ml and 400 mg/16 ml for treating metastatic Colorectal Cancer, non-squamous non-small cell lung cancer, metastatic breast cancer, glioblastoma, renal cell carcinoma, and ovarian cancer. Zydus aims to provide affordable therapies to cancer patients in Latin America with this approval. The company has a strong focus on developing biosimilars, particularly in oncology, and has already treated around 50,000 patients with their therapies. Zydus Lifesciences Ltd is a global lifesciences company with a mission to impact lives through quality healthcare solutions. https://www.bseindia.com/xml-data/corpfiling/AttachLive/871a446b-a806-424a-af96-f9886152a368.pdf |
JSW Energy Ltd has secured a significant project from Solar Energy Corporation of India Limited for a 500 MW Solar Power Project with 250 MW / 500 MWh of Energy Storage Systems. This project enhances the company's total locked-in generation capacity to 16.0 GW and energy storage capacity to 4.2 GWh. JSW Energy aims to achieve 20 GW generation capacity and 40 GWh of energy storage capacity by 2030, with a target of Carbon Neutrality by 2050. The company is part of the JSW Group and has a diversified portfolio in power generation, including thermal, wind, hydel, and solar assets, with a vision to reach a total power generation capacity of 20 GW by 2030. (Chopra, n.d.) https://www.bseindia.com/xml-data/corpfiling/AttachLive/2e2e8e0b-a520-44cc-9edd-b4414a9f313a.pdf |
Sudarshan Chemical Industries Ltd. has announced the launch of five new products on 22nd July, 2024. These products include: |
6. New AcquisitionsReliance Industries Ltd. has announced that its wholly-owned subsidiary, Reliance New Energy Limited (RNEL), has acquired the remaining 12.7% stake in Reliance Lithium Werks B.V. for a total consideration of EUR 3.7 million. This acquisition, completed on July 2024, consolidates Reliance Lithium as a wholly-owned subsidiary of RNEL. |
7. Credit RatingsMotilal Oswal Financial Services Ltd. has seen a revision in its credit rating outlook from "Stable" to "Positive" by ICRA, reflecting its improved scale and diversification in capital market and allied businesses, as well as strong operational and financial performance._7/23/2024_11, n.d.._ |
Elgi Equipments Ltd. has completed the divestment of its wholly owned subsidiary, Elgi Compressors USA Inc's entire stake in the joint venture CS Industrial Services LLC, USA. The transaction was finalized for a total consideration of $100,100 USD. This update follows earlier disclosures made on May 27, 2024, and July 1, 2024, in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. https://www.bseindia.com/xml-data/corpfiling/AttachLive/64203ff9-13a5-43d1-b57b-92fb9e4e15d2.pdf |
Exhicon Events Media Solutions Ltd has entered into a Joint Venture (JV) with the Gaikwad Family of Hadapsar, Pune, to develop Pune's largest Exhibition and Convention Facility. The project, spanning 300,000 square feet, will feature expansive facilities including 60,000 square feet of air-conditioned space, 100,000 square feet of green lawns, and 25 guest rooms. The JV agreement, signed on July 22, 2024, stipulates a 60:40 share ratio between Exhicon and the Gaikwad Family. The first phase is expected to be completed by December 2024, with the final phase by March 2025. https://www.bseindia.com/xml-data/corpfiling/AttachLive/e733b13c-53fe-4408-885c-243ecb66f54b.pdf |
Garden Reach Shipbuilders & Engineers Ltd. recently entered into non-binding MoUs with M/s Merlinhawk Aerospace and M/s KELTRON for collaborative projects in naval ship technologies and futuristic underwater surveillance. The MoUs aim to develop: |
8. ResignationsUNISTAR MULTIMEDIA LTD. has announced the resignation of its Statutory Auditors, M/s. S.P. Patel & Co., effective March 16, 2024. This resignation was communicated to BSE Limited in compliance with SEBI regulations. The resignation letter and required details as per SEBI's circulars dated October 18, 2019, and July 13, 2023, have been attached for reference. The company has assured that all necessary records have been updated accordingly. https://www.bseindia.com/xml-data/corpfiling/AttachLive/3311a26b-e981-4953-966c-098bc263409e.pdf |
Koura Fine Diamond Jewelry Ltd has announced the resignation of its statutory auditors, M/s Piyush Kothari & Associates, effective July 22, 2024. The resignation is due to the auditors' pre-occupation with other work, shortage of time, and lack of manpower. |
9. Rights IssueSwiss Military Consumer Goods Ltd has scheduled a Rights Issue Committee meeting on Thursday, July 25, 2024. The agenda includes discussing and deciding on various matters related to the Rights Issue, such as the approval of the final letter of offer, setting the record date, and determining the issue period. The company will disclose additional information as required under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, based on the meeting's outcome. https://www.bseindia.com/xml-data/corpfiling/AttachLive/74f9d69d-486b-4af1-80a8-3859745e58fa.pdf |
IEL Ltd announced key outcomes from its Board of Directors meeting held on July 22, 2024. The board approved the un-audited standalone financial results for the quarter ending June 30, 2024. The financial results showed a total income of ₹**553.27 lakhs** and a net profit of ₹**30.65 lakhs**. |
IEL Ltd announced the outcome of their board meeting on July 22, 2024. The approval of un-audited standalone financial results for the quarter ended June 30, 2024, was amongst the key decisions made. Additionally, the board approved raising funds through a rights issue, with a target amount of INR 45.00 Crores. The Rights Issue Committee was authorized to handle all related matters. Lastly, the board approved convening an Extra-Ordinary General Meeting on August 23, 2024. The board meeting concluded at 02:00 PM IST (Ahmedabad-382445, Gujarat). https://www.bseindia.com/xml-data/corpfiling/AttachLive/917801b0-3acb-4dd3-b26f-25c8a6501c7b.pdf |
Hindustan Zinc Limited has announced the 'Effective Date' of its Scheme of Arrangement with shareholders as July 22, 2024. This follows the approval and sanction by the Hon'ble National Company Law Tribunal (NCLT), Jaipur Bench, on July 16, 2024. The company has complied with all conditions specified in Clause 1.1 and Clause 12 of the Scheme by filing the certified NCLT Order with the Registrar of Companies. Consequently, the Scheme has become operative and effective from the stated date. https://www.bseindia.com/xml-data/corpfiling/AttachLive/c9d668ba-7619-424b-85ca-e103e908095e.pdf |
Kranti Industries Ltd has provided an update on the Scheme of Merger by Absorption involving Wonder Precision Private Limited as the transferor company. The final hearing, initially scheduled for July 10, 2024, was adjourned by the Hon’ble NCLT, Mumbai Bench, and is now set for August 14, 2024. This merger aims to consolidate operations and enhance shareholder value. |
CreditAccess Grameen Ltd reported a robust performance in Q1 FY25, with a 20.6% YoY growth in overall AUM (Assets Under Management) to INR 26,304 Crore and a GL (Gross) book growth of 18.2% to INR 25,542 Crore(Prakash, n.d.). The company added 1.90 lakh new customers, achieving a 12.7% YoY growth in its customer base to 49.84 lakh(Prakash, n.d.). |
10. Earning TranscriptPoonawalla Fincorp Ltd has made available the audio recording of its Earnings Conference Call for Q1FY 2024-25, held on July 22, 2024. This update follows their earlier communication dated July 16, 2024, and complies with Regulation 30 and 46(2)(oa) of the SEBI Listing Regulations. The recording can be accessed on the company's website at this link. This announcement ensures transparency and keeps investors informed about the company's financial performance and strategic discussions. https://www.bseindia.com/xml-data/corpfiling/AttachLive/57a9b512-ace9-444b-8ba8-c0ec540f7934.pdf |
HDFC Asset Management Company Ltd reported a robust performance for Q1 FY'25, with total income reaching INR 9,483 million and a 35% YoY growth in revenue from operations to INR 7,752 million. The company's PAT grew by 26% YoY to INR 6,039 million. The asset mix has shifted towards equity, now constituting 64.3% of the total AUM, which surpassed INR 7 trillion. The mutual fund industry saw net inflows in both equity and debt-oriented funds, with equity funds witnessing net flows exceeding INR 1 trillion and debt funds recording net inflows of INR 729 billion. The company added 1.1 million unique investors this quarter, bringing the total to 10.7 million. https://www.bseindia.com/xml-data/corpfiling/AttachLive/c8ae5092-3587-4519-8832-82594db12d98.pdf |
Century Textiles & Industries Ltd. reported a consolidated turnover growth of 28% year-on-year to INR 1,140 crores for Q1 FY25. The EBITDA for the quarter declined by 15% year-on-year to INR 125 crores, with an EBITDA margin of 11%. The net profit from continuing operations was INR 28 crores. The real estate segment saw a revenue increase of over 800% year-on-year to INR 338 crores, driven by projects like Birla Alokya, Birla Vanya, and Birla Navya Phase 1. The pulp and paper segment experienced a 6% year-on-year decrease in sales turnover to INR 786 crores, with an EBITDA margin of 8.3%. The company anticipates significant growth in the residential real estate market in the coming quarters, supported by favorable economic conditions and infrastructure development. https://www.bseindia.com/xml-data/corpfiling/AttachLive/9b239d03-7c33-43f4-8bd5-1042be83c4a9.pdf |
LTIMindtree Ltd reportedQ1 FY '25 revenues of $1.1 billion, reflecting a 3.7% growth in constant currency and 3.5% in dollar terms year-on-year. The EBIT margin improved to 15%, up by 30 basis points sequentially, while the net margin stood at 12.4%. The company saw significant deal wins, including a major US airline and a US-based insurance firm. The BFSI vertical grew by 2.9% quarter-on-quarter but de-grew by 2.7% year-on-year, while the Technology, Media, and Communications vertical saw a 7.9% quarter-on-quarter and 11.9% year-on-year growth. The company is also focusing on AI-driven transformation programs and has a strong presence in AI-related investments. https://www.bseindia.com/xml-data/corpfiling/AttachLive/76620979-e1f8-430e-ab97-28d874dc0523.pdf |
LTIMindtree Limited reported its Q1 FY '25 earnings on July 17, 2024. The company announced revenues of 1.1billion∗∗,reflecting a 3.71.1 billion*, reflecting a 3.7% growth in constant currency and 3.5% in dollar terms year-on-year. The EBIT margin improved to 15%, with a net margin of 12.4%. Key verticals like BFSI and Technology, Media & Communications showed significant growth, with BFSI growing 2.9% quarter-on-quarter and Technology, Media & Communications growing 7.9% quarter-on-quarter. The company highlighted its strategic focus on AI, with over 85% of its top 100 clients engaging in AI-related projects. Additionally, LTIMindtree's order inflow for the quarter was 1.1billion∗∗,reflectinga 3.71.4 billion*, indicating strong deal momentum. |
Nippon Life India Asset Management Ltd reported a strong Q1 FY25 performance, achieving a Profit After Tax of INR 3.32 billion and its highest-ever quarterly Operating Profit at INR 3.08 billion. |
WIPRO LTD. reported its Q1 FY'25 earnings, highlighting a cautious demand environment with muted discretionary spending. The IT services revenue for Q1 was $2.63 billion, reflecting a sequential decrease of 12.63 billion, or 1% in constant currency. Operating margin increased slightly to 16.5%. |
Just Dial Ltd. reported a robust financial performance for Q1 FY '25, with operating revenue at INR 280.6 crores, reflecting a 13.6% year-on-year growth and a 3.8% sequential increase. The company achieved a healthy 28.7% EBITDA margin, with absolute EBITDA at INR 80.6 crores, more than doubling year-on-year. Profit before taxes stood at INR 153.9 crores, growing 45% year-on-year, while profit after taxes was INR 141.2 crores, marking a 69.3% increase. The total employee headcount rose to 13,112. The company maintained tight control over other expenses, leading to a 2.5% year-on-year decline. Cash and investments at the quarter's end were INR 4,755 crores, growing 14.3% year-on-year. https://www.bseindia.com/xml-data/corpfiling/AttachLive/8528d6a7-a9d8-4c03-af1e-12cb76a880af.pdf |
Atam Valves Ltd reported a 10% growth in both revenue and net profit for Q1 FY25. The company's revenue increased to INR 11.48 crores, and net profit rose to INR 93 lakhs. |
ASIAN PAINTS LTD. recently held an Investor Conference to discuss their Q1-FY25 earnings. The company reported a 7% volume growth, with a Compound Annual Growth Rate (CAGR) volume of 15.3% over five years. However, the value growth experienced pressure at -3%. The industrial growth was better due to good auto sales. The company highlighted challenges such as product mix issues and inflation affecting value growth. They also mentioned upcoming initiatives like Woodtech Emporio for wood finishes and emphasized their focus on increasing distribution and retail points. https://www.bseindia.com/xml-data/corpfiling/AttachLive/1b275848-7e65-4cf0-acbc-33cc7acb975c.pdf |
Mahindra Logistics Ltd has demonstrated significant growth and strategic advancements in the logistics sector. The company has expanded its warehousing network to over 4.4 million sq. ft. and is developing an additional 2.5 million sq. ft. It has also launched a Global Air Charter Business and developed the LogiONE Integrated tech ecosystem. The logistics sector is projected to grow at an annual rate of 8.8\%, positioning India as an attractive global partner. Mahindra Logistics aims to be carbon neutral by 2040, focusing on sustainability through initiatives like reforestation, last-mile electrification, and energy-efficient practices. The company reported a revenue of ₹**4,530 crores** and an EBITDA of ₹**292 crores** for FY 2023-24, with a gross margin of 11.1% on a standalone basis(Mumbai -400060, Maharashtra). https://www.bseindia.com/xml-data/corpfiling/AttachLive/9f2be088-7cca-4bfc-bb3e-06680918bda6.pdf |
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