NSE BSE Stock Updates - Business Announcements, a deep analysis

27th July 2024 Updates from: Share price, Stock financial, operational and more corporate announcements.


Information is Wealth. ⬇️
Note: Scroll down or Press Ctrl + F to search specific stock you are looking


Table of Contents

1.New Work Order

IL&FS Investment Managers Ltd. has announced the sanctioned Scheme of Amalgamation involving its wholly-owned subsidiaries, IL&FS Asian Infrastructure Managers Limited and IIML Asset Advisors Limited. The National Company Law Tribunal (NCLT), Mumbai Bench, approved the merger on July 26, 2024. The amalgamation aims to consolidate business operations, eliminate multiple entities, and reduce legal and regulatory compliances. The appointed date for the scheme is April 1, 2022. The merger is expected to streamline financial coordination and reduce administrative costs.
https://www.bseindia.com/xml-data/corpfiling/AttachLive/3d23e9fa-9730-41d9-9358-b97cb9df82f4.pdf

SBC Exports Ltd has received an additional work order from RailTel Corporation of India Limited. This order is for providing manpower and related services in Ahmedabad, Bhopal, and Nagpur territories. The purchase cost of this additional work order is approximately Rs. 11,00,00,000/- (Rupees Eleven Crore Only), bringing the total purchase value of orders from RailTel to Rs. 29,14,74,682/- (Rupees Twenty-Nine Crore Fourteen Lakh Seventy-Four Thousand Six Hundred Eighty-Two Only). The contract includes significant terms such as arranging qualified candidates, ensuring employees work on an outsourced basis, and adhering to professional techniques and practices. The contract is to be executed within one year and does not involve any related party transactions. https://www.bseindia.com/xml-data/corpfiling/AttachLive/402b912b-508b-4f78-bdfd-1577625678a7.pdf

Filatex Fashions Ltd. has announced a significant milestone for its mining subsidiary, Filatex Mines and Minerals Private Limited, by securing its first export order worth $35 million from Bloomflora Ventures Limited. This order involves the supply of 297,388 metric tonnes of White Marble over a period of 7 years for the development of 54 hospitals in Africa. The company has requested the exchanges to disseminate this information on their websites. https://www.bseindia.com/xml-data/corpfiling/AttachLive/e7eab8fe-bab5-4e47-9710-bd5cc7a9e3ed.pdf

Bharat Heavy Electricals Ltd. (BHEL) has received a Letter of Intent (LOI) from Damodar Valley Corporation (DVC) for the 2x800 MW Koderma Phase-II Thermal Power Station project in Koderma district, Jharkhand. The project, awarded on a Engineering, Procurement and Construction (EPC) basis, involves the supply of equipment such as boilers, turbines, generators, and associated auxiliaries, along with electrical, C&I, and Balance of Plant packages. The contract, valued at over Rs. 10,000 Cr. excluding taxes and duties, is to be completed within 52 months. The order was secured through International Competitive Bidding and does not involve any related party transactions.

(National Stock Exchange of India Ltd., Mumbai, n.d.) https://www.bseindia.com/xml-data/corpfiling/AttachLive/d6990721-1d02-46cc-800d-bc729924819c.pdf

BGR Energy Systems Ltd. has received a favorable arbitration award from the Arbitral Tribunal, New Delhi, in a dispute with TRN Energy Private Limited. The tribunal awarded BGR Energy Systems Rs. 196.11 crores for claims related to pending payments, overrun compensation, and wrongful invocation of a bank guarantee. TRN Energy's counterclaim of Rs. 40.02 crores was also acknowledged, resulting in a net award of Rs. 156.09 crores in favor of BGR Energy Systems. The award was received on July 25, 2024.

https://www.bseindia.com/xml-data/corpfiling/AttachLive/b2f766d0-dced-436c-b9b4-3909a9abafb8.pdf

2. Bonus Issue

The Phoenix Mills Ltd has announced that its Board of Directors will consider a proposal for issuing bonus shares to its equity shareholders during the upcoming meeting scheduled for July 31, 2024. This decision follows a prior communication dated July 24, 2024, and is in accordance with Regulation 29 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The announcement has been made public on the company's official website (**The Phoenix Mills Ltd**). https://www.bseindia.com/xml-data/corpfiling/AttachLive/ba765587-c4c9-4456-ba64-823564dc8961.pdf

AccelerateBS India Ltd. announced several key decisions from their Board Meeting held on July 26, 2024. The company approved the issuance of Bonus Equity Shares in a ratio of 3:5, meaning shareholders will receive 3 equity shares for every 5 shares held. This will result in the issuance of 1,289,280 bonus shares valued at INR 10 each, increasing the paid-up capital from INR 2,14,88,000 to INR 3,43,80,800. Additionally, the company has scheduled its 2nd Annual General Meeting for August 30, 2024, and approved the draft Board’s Report for the financial year ending March 31, 2024. https://www.bseindia.com/xml-data/corpfiling/AttachLive/54c77592-4b90-4291-9567-73a07ba34749.pdf

3. Buy Back

LADDERUP FINANCE LTD. has announced a buyback of up to 25,00,000 fully paid-up equity shares with a face value of ₹**10 each.** This represents approximately 19.45% of the total equity share capital. The buyback price is set at ₹**44 per share,** aggregating to a total amount of ₹**11,00,00,000.** The buyback will be conducted through the "Tender Offer" route, with the remote e-voting period commencing on July 28, 2024, and ending on August 26, 2024. The promoters and promoter group have expressed their intention not to participate in the buyback. https://www.bseindia.com/xml-data/corpfiling/AttachLive/970ed631-3519-4e80-87c1-dafbcd611478.pdf

Savita Oil Technologies Ltd. has announced a Board Meeting scheduled for 3rd August 2024 at 12:00 noon to consider the Unaudited Standalone and Consolidated Financial Results for the quarter ended 30th June 2024, and a proposal for buyback of fully paid-up equity shares. The Trading Window for dealing in the company's securities has been closed from 1st July 2024 until 48 hours after the financial results disclosure (BSE Limited, National Stock Exchange of India Limited, Department of Corporate Services, et al., n.d.). https://www.bseindia.com/xml-data/corpfiling/AttachLive/4fdc8977-ff7d-4a66-af89-ea6cfdbd658c.pdf

4. Business Updates

Sasken Technologies Limited has announced a name change for its subsidiary, effective July 22, 2024. The subsidiary, formerly known as Anups Silicon Services Private Limited, will now operate under the name Sasken Silicon Technologies Private Limited. This change has been approved by the Ministry of Corporate Affairs and is in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This update is intended for the information and records of stakeholders. https://www.bseindia.com/xml-data/corpfiling/AttachLive/38443e34-60a7-4e00-9e85-ca99f2e7148f.pdf

Electronics Mart India Ltd has announced the commencement of commercial operations for a new multi-brand store under the Bajaj Electronics brand on 26 July 2024. The store is located at Korremula Village, Chowdariguda Gram Panchayat, Ghateksar Mandal, Medchal-Malkajgiri District, Telangana. The store covers an area of 6,040 square feet. This expansion is part of the company's strategic growth plan to enhance its retail footprint in the region. The information was communicated to the Listing Compliance Department of both the National Stock Exchange of India Ltd. and BSE Limited. https://www.bseindia.com/xml-data/corpfiling/AttachLive/b2959664-3cc4-4546-885d-ac40d854555f.pdf

Richfield Financial Services Ltd has scheduled a Board of Directors meeting on 31st July, 2024 at 02:00 P.M. via video conferencing to discuss a fresh proposal for the voluntary delisting of its equity shares from The Calcutta Stock Exchange Limited under Regulation 6 of the SEBI (Delisting of Equity Shares) Regulations, 2021. The company's equity shares will continue to be listed on BSE Ltd. Additionally, the trading window for dealing in the company's shares, which has been closed since 1st July, 2024, will remain closed until 48 hours after the declaration of the Board Meeting's outcome or the Audited Financial Results for the quarter ended 30th June, 2024, whichever is later. https://www.bseindia.com/xml-data/corpfiling/AttachLive/b6a821a1-7032-433f-bbc4-73b7b6bb4bf1.pdf

Bella Casa Fashion & Retail Ltd reported significant updates in its recent board meeting held on July 26, 2024. The company approved the unaudited financial results for the quarter ending June 30, 2024, with a revenue of ₹**7,386.86 lakhs** and a profit of ₹**333.44 lakhs**. The board also approved an increase in authorized share capital to ₹**15 crores**. The company discussed capacity expansion plans to double production to 20 million pieces per annum, requiring an investment of up to ₹**50 crores**. The 28th Annual General Meeting is scheduled for August 23, 2024, with e-voting available from August 20-22, 2024. https://www.bseindia.com/xml-data/corpfiling/AttachLive/068305fb-c85a-4397-be13-4a48ff1c7f16.pdf

KFin Technologies Ltd reported robust financial results for Q1 FY25, showcasing a 30.9% y-o-y increase in revenue from operations to ₹2,375.6 million. The company's EBITDA surged by 41.5% y-o-y to ₹996.6 million, with an EBITDA margin of 42.0%. PAT rose by 56.9% y-o-y to ₹680.7 million, achieving a PAT margin of 28.7%. The diluted EPS increased by 57.2% y-o-y to ₹3.94.

Business highlights include the addition of 2,483 new corporate clients and 12.2 million investor folios under issuer solutions. KFin Technologies has a market share of 46.4% in NSE500 companies. The company also expanded its international client base to 605 and secured significant new contracts in various segments, including fund administration and digital asset development. https://www.bseindia.com/xml-data/corpfiling/AttachLive/94a89ab0-0412-46ce-aa12-457d20ad561e.pdf

5. Investor Presentation

Latent View Analytics Ltd reported a 4.2% growth in revenue for Q1 FY25, reaching INR 1,789 million. The company's EBITDA margin stood at 21.4%, reflecting a slight decrease from the previous quarter. Net Promoter Score improved to 38 vs 35, and the workforce expanded to 1250+ employees.

The company has a strong presence in three regions: the US, Europe, and APAC. It supports 30+ Fortune 500 clients.

Recent strategic moves include the acquisition of Decision Point, enhancing their capabilities in Revenue Growth Management and AI Business Transformation. https://www.bseindia.com/xml-data/corpfiling/AttachLive/a6eab422-16f4-4718-b043-1e94834ed79f.pdf

Intellect Design Arena Ltd reported robust financial performance for Q1FY25, with a total revenue of ₹**605 Cr** and a gross margin of ₹**343 Cr**. The company achieved an EBITDA of ₹**121 Cr**, representing 20% of total revenue, and a PAT of ₹**74 Cr**.

Significant deal wins include 11 new deals and 12 digital transformations, highlighting the success of their eMACH.ai platform.

The company maintains a strong cash position with ₹**813 Cr** in cash and cash equivalents.

**Intellect Design Arena Ltd** continues to lead in the fintech space, serving top banks across multiple regions, including North America, Europe, and Asia. (Intellect Design Arena Ltd_7/26/2024_75, n.d.) https://www.bseindia.com/xml-data/corpfiling/AttachLive/e765965b-8adf-4f21-95bb-35b484916f68.pdf

Bandhan Bank Ltd reported a robust financial performance for Q1 FY25, with a 47% YoY increase in Profit After Tax (PAT) to ₹**1,063 crore**. The bank's total deposits grew by 23% YoY to ₹**1.33 lakh crore**\*, while gross advances increased by 22% YoY to ₹**1.26 lakh crore**. The Gross Non-Performing Assets (GNPA) ratio improved to 4.2% from 6.8% a year ago, and the Net NPA ratio stood at 1.1%. The Net Interest Income (NII) rose by 21% YoY to ₹**3,005 crore**, and the Net Interest Margin (NIM) remained stable at 7.6%. The bank's capital adequacy ratio, including profits, was 15.7%, well above the regulatory requirement.

\*Total deposits figure is in crores (1 crore = 10 million) https://www.bseindia.com/xml-data/corpfiling/AttachLive/934235d4-4517-4929-bd13-9e96ed7f9139.pdf

KEC International Ltd. reported a 6% YoY increase in revenues to ₹**4,512 crore** for Q1 FY25, driven by strong performance across various segments. The EBITDA margin improved by 70 bps to 6.5%, with EBITDA growing 20% YoY to ₹**294 crore**. The PAT more than doubled to ₹**88 crore**, reflecting a robust bottom-line growth.

The company achieved a record order intake of ₹**7,664 crore**, marking a 70% YoY growth, and boasts the highest-ever order book + L1 pipeline of over ₹**42,000 crore**.

Key business highlights include significant traction in T&D, Civil, Renewables, Railways, and Cables segments. Notable projects and strategic initiatives aimed at sustaining growth and profitability include:

- Transmission & Distribution: Awarded a ₹1,580-crore turnkey project by Powergrid Corporation of India for setting up 765 kV AC double circuit DSL2 inter-state transmission system.
- Civil: Secured a ₹1,143-crore order from NTPC for an expansion of the existing thermal power plant at Marsix Power House in Andhra Pradesh.
- Renewables: Won a ₹950-crore EPC order for the setting up of 1,200 MW solar power project in Kurnool, Andhra Pradesh.
- Railways: Secured a ₹512-crore order from Rail Vikas Nigam for the doubling of railway line between Nagpur and Wardha in Maharashtra.
- Cables: Bagged a ₹732-crore order from NTPC for the supply of HV power cables for the expansion of the existing thermal power plant at Mouda in Maharashtra. https://www.bseindia.com/xml-data/corpfiling/AttachLive/8a9f5343-812a-4622-bd1c-c61cf7122a14.pdf

Nuvama Wealth Management Ltd reported robust financial performance for Q1 FY25. The company's revenues reached ₹**668 Cr**, marking a 60% YoY growth. Nuvama achieved an Operating PAT of ₹**221 Cr**, marking a 133% YoY increase. Key segments like Wealth Management and Capital Markets showed significant growth. Wealth Management grew by an impressive 50% YoY, while Capital Markets' revenues surged by 153% YoY. The board declared a dividend of ₹**81.50 per share**, reflecting a total payout of approximately ₹**289 Cr**. Client assets under management stood at ₹**3,89,041 Cr**, growing by 50% YoY. https://www.bseindia.com/xml-data/corpfiling/AttachLive/98529090-d70b-43cf-9e46-f7330db7bac1.pdf

6. Press Releases

Amber Enterprises India Ltd reported a robust performance for Q1 FY25, with revenue growing by 41% YoY to ₹**2,401 crores**. The Operating EBITDA increased by 45% YoY to ₹**200 crores**,\, reflecting an 8.3% margin. The PAT surged by 60% YoY to ₹**75 crores**.

The Consumer Durables Division saw a 44% YoY revenue increase, while the Electronics Division revenue grew by 45% YoY. However, the Railway Sub-systems & Mobility Division experienced a 9% YoY revenue decline due to project delays.

The company continues to expand its product portfolio and strengthen its market position across various segments. https://www.bseindia.com/xml-data/corpfiling/AttachLive/0a2ecd6e-294b-4c0b-b5a8-569db3ae35cd.pdf

Themis Medicare Ltd. has shown significant growth in Q1 FY25, with a 27.26% increase in net revenue to Rs. 123 crore compared to the same quarter last year(_Themis Medicare Ltd._, 7/26/2024_13, n.d.). The company's EBITDA grew by 34.19% to Rs. 29.18 crore, and PAT increased by 35.69% to Rs. 24.68 crore(_Themis Medicare Ltd._, 7/26/2024_13, n.d.). The Formulation Segment saw a remarkable 53% year-on-year growth, while the Trade Business and Hospital Business grew by 41% and 10%, respectively(_Themis Medicare Ltd._, 7/26/2024_13, n.d.). The company is focusing on expanding its market reach and product portfolio, with 29 new products in the NDDS pipeline and plans to validate batches for two of these in the coming months(_Themis Medicare Ltd._, 7/26/2024_13, n.d.). https://www.bseindia.com/xml-data/corpfiling/AttachLive/4c5da1b4-5d16-417a-8ec1-791f0ca9d38a.pdf

Kaynes Technology India Ltd reported robust financial performance for Q1 FY25, with a 70% YoY increase in revenue to ₹**5,040 million** and a 106% YoY rise in profit after tax to ₹**508 million**. The company's order book stood at ₹**50,386 million** as of June 30, 2024, up from ₹**41,152 million** in FY24.

EBITDA for the quarter was ₹**669 million**, reflecting a 66% YoY growth, with an EBITDA margin of 13.3%. The net debt increased to ₹**5,771 million** from ₹**972 million** in Q1FY24, while the net debt to equity ratio was 0.2x.

The company continues to diversify its revenue across multiple industry verticals, including automotive, industrial, aerospace, medical, and IoT. https://www.bseindia.com/xml-data/corpfiling/AttachLive/bad899a7-fd38-4d2b-9d6d-b0f21c57c3b4.pdf

Indian Energy Exchange Ltd (IEX): a premier technology-led electricity marketplace in India, has shown robust performance and growth. In FY'24, IEX achieved a total volume of 110.1 BU, with a market share of 83%. The company has diversified its product mix, with significant contributions from DAM (49%), RTM (27%), and Green markets (3%). IEX's financial performance has been strong, with operating revenue growing by 19% YoY to INR 449 Cr in FY'24, and a PAT of INR 341 Cr. The company is debt-free and has consistently distributed dividends, with a total cash payout of 65% of PAT in FY'24. IEX is also expanding into new markets, including natural gas trading through the Indian Gas Exchange (IGX), which has 45 registered members and 170+ clients. The company's future plans include increasing its share in the overall gas consumption to 4-5% by 2030, driven by infrastructure development and regulatory support. https://www.bseindia.com/xml-data/corpfiling/AttachLive/e242a754-0e4c-4dc3-b39b-b32790beb7ad.pdf

Aarti Drugs Ltd. reported a 16% decline in net revenue from operations in Q1 FY25, amounting to ₹**555.3 crores** compared to the previous year's ₹**661.1 crores** at BSE Limited Phiroze Jeejeebhoy Towers and Dalal Street, Mumbai -400 001. The company's EBITDA also saw a 22% drop, reaching ₹**66.1 crores** with an EBITDA margin of 11.9%. PAT decreased by 31% to ₹**33.3 crores**, reflecting a PAT margin of 6.0%.

Despite these declines, Aarti Drugs maintains a robust balance sheet with net debt of ₹**564 crores** and equity of ₹**1,282 crores** as of March 2024. The company is undertaking a ₹**600 crores** capex plan to drive future growth, focusing on brownfield expansions and backward integration. https://www.bseindia.com/xml-data/corpfiling/AttachLive/042a25ed-6198-4627-9438-0f308a6829f3.pdf

SBI Cards and Payment Services Ltd reported key financial metrics for Q1 FY25, highlighting a 41% YoY increase in receivables to ₹**37,730 Cr** and a 0% YoY growth in PAT at ₹**594 Cr**(Chhabra et al., n.d.).

The company maintained a Capital Adequacy Ratio (CAR) of 20.6% and a Liquidity Coverage Ratio (LCR) of 112%, surpassing the statutory requirement of 85%(Chhabra et al., n.d).

Retail spends grew by 23% YoY, while corporate spends saw a decline(Chhabra et al., n.d).

The gross credit cost increased by 53% YoY to ₹**1,101 Cr**, reflecting elevated credit costs(Chhabra et al., n.d).

The company also launched the SBI Card MILES, a travel-focused credit card, to enhance its product offerings(Chhabra et al., n.d). https://www.bseindia.com/xml-data/corpfiling/AttachLive/9948bae2-7c85-433f-8c35-57fd1b692d0e.pdf

Punjab & Sind Bank reported a net profit of ₹**182 crore** for Q1 FY 2024-25, marking an 18.95% YoY increase. The total business grew by 7.10% YoY to ₹**208,331 crore**. The bank's total deposits stood at ₹**120,593 crore**, and total advances were at ₹**87,738 crore**. The Gross NPA ratio improved to 4.72% from 5.43% in the previous quarter, while the Net NPA ratio stood at 1.59%. The bank's Capital Adequacy Ratio (CRAR) was 17.30%, reflecting a robust capital position. The bank's Net Interest Income increased by 15.18% YoY to ₹**850 crore**. https://www.bseindia.com/xml-data/corpfiling/AttachLive/3b92f3bc-1202-462d-8c97-3df2092f5f8c.pdf

Mallcom (India) Ltd reported an 8.4% year-over-year growth in consolidated operating income for Q1 FY25, reaching INR 1,024 Mn. The company's EBITDA stood at INR 143 Mn with a margin of 13.96%, while the PAT was INR 85 Mn with a margin of 8.30%.

**Mallcom** is expanding its manufacturing capabilities, including a new unit for industrial safety shoes in West Bengal and a protec work wear facility in Gujarat. The company has made a total capex of INR 20 Crores in Q1 FY25 and plans to invest an additional INR 50 Crores during the current financial year, funded from internal accruals. https://www.bseindia.com/xml-data/corpfiling/AttachLive/06323371-2098-4b3b-8994-33b94e574a77.pdf

Cholamandalam Investment and Finance Company Ltd reported a significant growth in its financial performance for Q1FY25. Disbursements increased by 22% to ₹24,332 Cr, while the Business AUM grew by 38% to ₹1,68,832 Cr. The company's Net Income Margin improved to 7.6%, and Profit Before Tax (PBT) rose by 31% to ₹1,268 Cr. The Return on Equity stood at 18.9%, and the Gross Non-Performing Assets (GNPA) ratio decreased to 3.62% from 4.30%. The company also maintained a strong Capital Adequacy Ratio (CAR) of 18.03%, with Tier I at 14.76%. https://www.bseindia.com/xml-data/corpfiling/AttachLive/bd940020-ee68-4910-9ccf-b03cbacd727b.pdf

City Union Bank Ltd. reported significant financial performance for Q1 FY 2025, with deposits increasing by 6% to INR 549 billion and advances growing by 10% to INR 465 billion. The bank's total business grew by 8% year-over-year, reaching INR 1,014 billion.

Key financial metrics include a Net Interest Margin of 3.54%, a Return on Assets of 1.51%, and a Return on Equity of 12.45%. The bank maintains a strong capital adequacy ratio of 23.58% under Basel III norms, with Tier 1 capital constituting 22.55%.

Additionally, the bank's Gross NPA stood at 3.88%, and Net NPA at 1.87%, reflecting robust asset quality management. https://www.bseindia.com/xml-data/corpfiling/AttachLive/8aac0bc3-a292-4ccf-ad4a-55f598736a74.pdf

KFin Technologies Ltd reported strong financial performance for Q1 FY25, with revenue from operations at ₹2,375.6 million, marking a 30.9% year-over-year increase. EBITDA stood at ₹**996.6 million**, reflecting a 41.5% growth, while PAT reached ₹**680.7 million**, up 56.9% year-over-year. The company also saw significant growth in its international and other investor solutions revenue, which increased by 56.6% year-over-year. Additionally, KFin Technologies added 248 corporate clients and 12.2 million investor folios under issuer solutions during the quarter. https://www.bseindia.com/xml-data/corpfiling/AttachLive/da9e4fcd-93f5-44a5-a5e1-4f2930433bdb.pdf

Mangalam Organics Limited, a leading manufacturer in the pine chemicals industry, specializing in terpene and rosin derivatives, reported consolidated revenues of ₹**493.52 crores** for FY24, a marginal increase of 0.20% from FY23. EBITDA saw a significant rise to ₹**38.67 crores**, marking a 1501.10% increase, while PAT improved by 115.54% to ₹**4.21 crores**. The company operates in both B2B and B2C segments, with products like camphor, synthetic resins, and homecare items under the CamPure brand. Mangalam Organics is expanding its market reach through e-commerce and international sales, with a strong presence in the USA and UK. https://www.bseindia.com/xml-data/corpfiling/AttachLive/7fd1d20c-a176-47ee-9a2b-60ee3f5165ac.pdf

Exicom Tele-Systems Ltd has scheduled an Investor Call on Thursday, August 01, 2024, at 09:30 AM IST to discuss the un-audited financial results for the first quarter ended June 30, 2024, for the financial year 2024-25 on both standalone and consolidated bases. The call will be represented by Mr. Anant Nahata, Managing Director & CEO, and Mr. Shiraz Khanna, Chief Financial Officer. Participants can join via the Diamond Pass link or dial in using the provided numbers. A transcript, presentation, and audio recording of the call will be available on the company's website and the respective stock exchanges' websites subsequently. https://www.bseindia.com/xml-data/corpfiling/AttachLive/a096820e-a45c-42f7-9f81-bcb86f905f4d.pdf

7. Credit Ratings

InterGlobe Aviation Ltd reported its unaudited standalone and consolidated financial results for the quarter ended June 30, 2024. The company achieved a total income of INR 202,489 million, marking an 18.0% increase from the previous year. The ASK (Available Seat Kilometer) rose by 11.1% to 36.3 billion, while the RPK (Revenue Passenger Kilometer) increased by 8.7% to 31.5 billion. Despite a 24.0% rise in total expenses to INR 174,449 million, the company maintained a PAT (Profit After Tax) of INR 27,288 million, reflecting an 11.7% decrease from the previous year. The fleet size expanded to 382 aircraft as of June 30, 2024, with significant growth in both domestic and international destinations. https://www.bseindia.com/xml-data/corpfiling/AttachLive/22546aa0-8ff9-4055-af73-81bd26d95d5d.pdf

IndusInd Bank Ltd. reported its Q1 FY25 financial results, highlighting a 15% YoY growth in loans to ₹3,47,898 crores and deposits to ₹3,98,513 crores. The bank's Net Interest Income increased by 11% YoY to ₹5,408 crores, while the Net Profit rose by 2% YoY to ₹2,171 crores. The Capital Adequacy Ratio (CRAR) stood at 17.55%, with a Tier 1 ratio of 16.15%. IndusInd Bank Ltd.'s Gross NPA was 2.02%, and Net NPA was 0.60%, reflecting stable asset quality. The bank also emphasized its digital transformation, with 98% of personal loans and 100% of credit cards sourced digitally. https://www.bseindia.com/xml-data/corpfiling/AttachLive/7b58a734-0b12-4b56-80ba-4c8c7646aada.pdf

CIPLA LTD. reported strong financial performance for Q1FY25. Revenue reached INR 6,694 Cr, a 7% YoY increase, and EBITDA was INR 1,716 Cr, reflecting a 14% YoY growth. The company's PAT stood at INR 1,178 Cr, up 17% YoY.

Notable achievements include the highest-ever quarterly revenue in North America at $250 Mn, driven by key assets like Lanreotide and Albuterol. In India, the branded prescription segment saw a 10% YoY growth, with chronic therapies contributing 61.5% to sales. The South Africa prescription business ranked #1, with robust growth across key therapies.

**National Stock Exchange of India Ltd.**
Listing Department
Phiroze Jeejeebhoy Towers, Exchange Plaza, wine floor Dalal Street, Plot no. C/1, G Block, Mumbai 400 001
Bandra Kurla Complex
Listing Department
Phiroze Jeejeebhoy Towers, Exchange Plaza, wine floor Dalal Street, Plot no. C/1, G Block, Mumbai 400 001

- The company had its highest-ever quarterly revenue in North America, at $250 Mn.
- Key assets, such as Lanreotide and Albuterol, contributed to this success.
- The branded prescription segment in India saw a 10% YoY growth.
- Chronic therapies accounted for 61.5% of sales in India.
- The South Africa prescription business ranked #1, with robust growth across key therapies. https://www.bseindia.com/xml-data/corpfiling/AttachLive/8074c100-061a-4a7d-9a48-d92bc1053531.pdf

8. Preferential Basis

Triveni Engineering & Industries Ltd. has announced an Open Offer to acquire up to 26% of the voting share capital of Sir Shadi Lal Enterprises Limited. The offer price is set at ₹**262.15** per equity share, with the total consideration amounting to ₹**35,78,34,750**. The offer period is scheduled from August 2, 2024, to August 16, 2024. The company has made firm financial arrangements to fulfill the payment obligations, with funds available in cash and cash equivalents. The offer is not conditional upon any minimum level of acceptance and is compliant with SEBI regulations. https://www.bseindia.com/xml-data/corpfiling/AttachLive/7e3043f1-7d86-4a0a-9f0d-f0fa9f9af349.pdf

Hazoor Multi Projects Ltd. held a Board Meeting on July 26, 2024. The Board recommended the reappointment of Mr. Harsh Harish Sharma as an Independent Director for a second term of five years starting from July 30, 2025.

Additionally, the Board proposed a split/sub-division of shares from a face value of Rs. 10 each to Re. 1 each, subject to member approval. The record date for the share split will be announced later.

The 32nd Annual General Meeting (AGM) is scheduled for August 27, 2024. It will be conducted via Video Conferencing (VC) or Other Audio Visual Means (OAVM).

The e-voting for the AGM will be available from August 24 to August 26, 2024. https://www.bseindia.com/xml-data/corpfiling/AttachLive/ade8e762-c35f-49a0-af77-2f63acbfb93c.pdf

Viceroy Hotels Ltd. has announced an Offer for Sale (OFS) of 31,57,895 equity shares, each with a face value of Rs. 10, by its promoter, Loko Hospitality Private Limited. The OFS will be conducted through the stock exchange mechanism, with the sale scheduled for non-retail investors on July 29, 2024, and for retail investors on July 30, 2024. The floor price for the OFS is set at Rs. 106 per share. The OFS aims to achieve the minimum public shareholding requirement as per SEBI regulations. The sale will be managed by Northeast Broking Services Limited, and the shares will be deposited with NSE Clearing Limited for settlement. https://www.bseindia.com/xml-data/corpfiling/AttachLive/52d59c3a-84bb-497e-bedf-312a69042ffa.pdf

Viceroy Hotels Ltd. is set to offer up to 31,57,895 equity shares, representing 5% of its total paid-up equity share capital, through an Offer for Sale (OFS) by Loko Hospitality Private Limited, a promoter of the company. The OFS will occur over two trading days: July 29, 2024, for non-retail investors, and July 30, 2024, for retail investors. The floor price for the OFS is fixed at Rs. 106 per share. The sale aims to achieve the minimum public shareholding as mandated by SEBI regulations. The OFS will be conducted exclusively through BSE, with Northeast Broking Services Limited acting as the Seller's Broker. https://www.bseindia.com/xml-data/corpfiling/AttachLive/7B662D7C-E068-4B4A-A08D-DECDB6DBDD4D-160106.pdf

Johnson Controls-Hitachi Air Conditioning India Ltd is the target of an open offer by Robert Bosch GmbH to acquire up to 70,00,355 fully paid-up equity shares, representing 25.75% of the company's share capital, at a price of ₹**1,642.12** per share, totaling ₹**1,149.54 crores**. This offer is part of an indirect acquisition following Bosch's agreement to purchase 100% of Johnson Controls-Hitachi Air Conditioning Holding (UK) Ltd for $337.5 million. The transaction is contingent upon receiving necessary statutory approvals across multiple jurisdictions, including India, China, and the European Union. The open offer is mandatory under SEBI regulations and is not subject to any minimum level of acceptance. https://www.bseindia.com/xml-data/corpfiling/AttachLive/EB16263A-8B4A-4402-A21A-EA2DA7670FE0-172344.pdf

SHALIBHADRA FINANCE LTD. is scheduled to hold a board meeting on July 31, 2024. The meeting will take place at the corporate office in Mumbai. The company will discuss matters including the proposal for issuing equity shares on a preferential basis and adopting the draft notice of an extraordinary general meeting. The trading window for insiders has already been closed from July 1, 2024, until 48 hours after the declaration of the unaudited financial results for the quarter ending June 30, 2024. https://www.bseindia.com/xml-data/corpfiling/AttachLive/acbdf2a8-935f-42bd-a3a3-8ee0e8654899.pdf

RUSHIL DECOR LTD. recently conducted a fund raising committee meeting on July 26, 2024. The meeting approved the allotment of 2,30,000 equity shares to promoters and non-promoters upon conversion of warrants. The meeting took place from 04:15 PM to 05:40 PM. The company's website made the details available. The company secretary, Hasmukh K. Modi, confirmed the approval and requested the information to be recorded. (Towers, n.d.) https://www.bseindia.com/xml-data/corpfiling/AttachLive/051da861-2c3b-4043-8b35-33dbab714fad.pdf

Natural Capsules Ltd. has announced the issuance of 9,12,917 fully paid-up equity shares with a face value of INR 10 each, aggregating to an amount not exceeding INR 29,21,33,440 on a preferential basis. This decision was approved by the Board of Directors on July 26, 2024, subject to shareholders' approval. An Extraordinary General Meeting (EGM) is scheduled for August 23, 2024, to seek shareholder approval for this issuance. The proposed investors include Pratibha Endeavor Private Limited, Tarinika Management LLP, and PCG Finvest Private Limited, among others. The appointment of CS Deepak Sadhu as the scrutinizer for the e-voting process was also approved. https://www.bseindia.com/xml-data/corpfiling/AttachLive/9a9a9757-747e-41bc-aa5f-f6b71d98ff5a.pdf

Rushil Decor Ltd. has announced the allotment of equity shares upon the conversion of warrants on a preferential basis under SEBI ICDR Regulations, 2018. The company initially allotted 41,30,000 convertible warrants to 38 allottees at an issue price of Rs. 297 per warrant, receiving Rs. 30.66 Crores as the initial subscription amount. Recently, 2,30,000 warrants were converted into equity shares by four allottees, increasing the issued, subscribed, and paid-up share capital to 2,72,76,682 shares valued at Rs. 27,27,66,820. The promoter group's shareholding post-allotment stands at 55.24%; while non-promoters hold 44.76%. https://www.bseindia.com/xml-data/corpfiling/AttachLive/76d8f5eb-efe7-46f9-a2de-6aee15725033.pdf

Gujarat Terce Laboratories Ltd. has announced the generation of a new ISIN, INE499G13018, for warrants allotted to Mr. Aalap Natubhai Prajapati on a preferential basis through private placement. This allotment, effective from July 1, 2024, is in accordance with SEBI regulations. The ISIN activation was confirmed by Central Depository Services (India) Limited on July 25, 2024. The warrants are fully and compulsorily convertible, with a face value of 37.70, and are set to mature on January 1, 2026. https://www.bseindia.com/xml-data/corpfiling/AttachLive/b7a399a7-82fe-46d2-bcc8-ff12e05c9919.pdf

Amber Enterprises India Ltd reported a significant financial performance for Q1 FY25, with revenues surging by 41% YoY to Rs. 2,401 crores, driven by strong demand for RAC (Railway Air Conditioning) due to favorable summer conditions. The company's operating EBITDA increased by 45% to Rs. 200 crores, improving margins to 8.3%. Profit after tax (PAT) saw a robust growth of 60% YoY. The electronics division reported a 45% increase in revenues, bolstered by strategic acquisitions. However, there was a 9% decline in the Railway Sub-systems & Mobility division due to slow material lifting by Indian Railways. Despite this, the long-term outlook remains positive. https://www.bseindia.com/xml-data/corpfiling/AttachLive/66b2148e-7551-41d7-8fdf-d02a179a7b6c.pdf

KEC INTERNATIONAL LTD. reported robust financial performance for Q1 FY25. The company's profitability doubled as PBT and PAT grew by more than two times.

The company's EBITDA increased by 20% YoY, reaching Rs. 294 crore. And revenue rose to Rs. 4,512 crore from Rs. 4,244 crore.

The order intake saw a staggering growth of over 70%. The YTD order intake was Rs. 7,664 crore and the highest-ever order book & L1 was over Rs. 42,000 crore.

Despite challenges like manpower shortages, KEC achieved significant growth in revenues and improved EBITDA margins from 5.8% in Q1 FY24 to 6.5% in Q1 FY25. https://www.bseindia.com/xml-data/corpfiling/AttachLive/a9a547cd-4ed6-4bc5-9089-cfa7c8d3bcb3.pdf

Gujarat Mineral Development Corporation Ltd. reported a 9% increase in Q1FY25 revenue, reaching Rs. 818 crore, up from Rs. 751 crore in Q4FY24.

EBITDA stood at Rs. 271 crore, with a Profit Before Tax of Rs. 250 crore and Profit After Tax of Rs. 185 crore.

**Lignite production** rose by 26% to 22.96 lakh MT, and bauxite production increased by 5% to 0.77 lakh MT.

Revenue from thermal projects surged by 65% to Rs. 28 crore, while wind projects saw a 67% increase to Rs. 40 crore.

The company also signed an MOU with GUVNL for coal/lignite supply and was declared the preferred bidder for the "Kudanali – Lubri" Coal Mine in Odisha. (Evans Digitally et al., n.d.) https://www.bseindia.com/xml-data/corpfiling/AttachLive/4d6dc43e-b138-45a8-8f16-4a27357ec45d.pdf

Kaynes Technology India Ltd reported a robust performance for Q1 FY25, with revenue surging by 70% YoY to Rs 5,040 million and PAT increasing by 106% YoY to Rs 508 million. The company's order book grew by 22% sequentially, reaching Rs 50,386 million, driven by strong demand across key verticals such as Industrial & EV, Aerospace, Outer-space & Strategic Electronics, and Railways. EBITDA (excluding other income) rose by 66% YoY to Rs 669 million, with an EBITDA margin of 13.3%. The company continues to invest in new initiatives and high-potential opportunities to sustain growth and enhance its competitive edge. https://www.bseindia.com/xml-data/corpfiling/AttachLive/15f5af93-d191-432d-a6a0-9d14d7f9dff2.pdf

Xpro India Limited has reported its unaudited financial results for Q1 FY25, showcasing a 5.8% year-over-year increase in revenues to Rs. 138.5 crores and a 7.9% quarter-over-quarter growth. Despite a 18.8% decline in EBITDA to Rs. 15.6 crores, the company achieved a 24.1% rise in profit after tax (PAT) to Rs. 14.0 crores. The EBITDA margin decreased to 11.3% from 14.7% YoY, while the PAT margin improved to 10.1%.

Operational highlights include a 10.7% increase in aggregate production and a significant 86% reduction in finance costs due to prepayments. The company is progressing on its expansion plans to double capacity at Barjora and has approved an investment of up to INR 120 crores in its subsidiary in the UAE. https://www.bseindia.com/xml-data/corpfiling/AttachLive/2aef5a39-427b-4c5f-93dd-9df606a41a09.pdf

Aarti Drugs Ltd. reported its Q1 FY25 financial results, showing a 15.9% YoY decline in revenue to Rs. 556.5 crores and a 22.0% YoY drop in EBITDA to Rs. 66.1 crores. The PAT decreased by 30.6% YoY to Rs. 33.3 crores, with a PAT margin of 6.0%.

The API segment saw a 15.6% YoY decline in revenue to Rs. 442.7 crores, while the Formulations segment dropped 21.6% YoY to Rs. 70.5 crores.

The company faced challenges due to lower realizations and market demand. However, Aarti Drugs Ltd. anticipates margin improvements driven by export growth and backward integration. https://www.bseindia.com/xml-data/corpfiling/AttachLive/883a8a65-1a07-4264-b3fc-4e61339d8f41.pdf

Share India Securities Ltd reported a significant 59%surge in standalone total income for Q1 FY25, reaching ₹331.42 crore, compared to ₹208.90 crore in Q1 FY24. The company's EBITDA increased by 35.16% to ₹111.51 crore, and PAT rose by 42.58% to ₹72.82 crore. Additionally, a ₹0.40 per equity share 1st interim dividend was declared, and the board approved a stock split of each equity share from ₹10 to ₹2. The company also received a Long-Term Rating of CRISIL A+/Stable and a Short-Term Rating of CRISIL A1+ for its ₹200 Crore bank loan facilities. https://www.bseindia.com/xml-data/corpfiling/AttachLive/25c0fd90-bc4e-442e-8f3d-0b2df3bc85f2.pdf

SBI Cards and Payment Services Ltd reported a total revenue increase of 11% YoY to ₹**4,483 Cr** for Q1 FY25, with PAT remaining flat at ₹**594 Cr**. The company's cards-in-force grew by 11% YoY to 1.92 Cr, while new accounts volume decreased to 904K. Spends increased by 4% YoY to ₹**77,129 Cr**, and receivables grew by 22% YoY to ₹**52,705 Cr**. The capital adequacy ratio stood at 20.6%, with Tier 1 capital at 16.8%. Gross non-performing assets were at 3.06%, and net non-performing assets at 1.11% as of June 30, 2024. https://www.bseindia.com/xml-data/corpfiling/AttachLive/75649d22-e1e3-4762-a356-43aca6be43a1.pdf

ESAF Small Finance Bank Ltd reported a robust financial performance for Q1 FY25, with a 45% sequential increase in profits. The bank's total business grew by 23.4% YoY to ₹**40,551 Crore**, while gross advances surged by 30% YoY to ₹**18,783 Crore**. Deposits saw a significant rise of 33.4% YoY, reaching ₹**20,887 Crore**, with CASA deposits increasing by 72.8% YoY to ₹**4,927 Crore**. The bank's Net Interest Income (NII) stood at ₹**588 Crore**, and the Net Interest Margin (NIM) was a solid 9.4%. The Capital to Risk-Weighted Assets Ratio (CRAR) was a robust 23.5%, highlighting strong capital and risk management practices. https://www.bseindia.com/xml-data/corpfiling/AttachLive/0ba6cee2-4c7a-4a4b-804a-5b0249c4a066.pdf

Qualitek Labs Ltd held a Board meeting on July 26, 2024. Several key resolutions were approved. The company adopted its audited financial statements for the fiscal year ending March 31, 2024.

Mr. Alok Kumar Agrawal was reappointed as a Non-Executive Director. The authorized share capital was increased from Rs. 10 Crore to Rs. 15 Crore.

The company also approved the issuance of 26,07,600 equity shares on a preferential basis, raising approximately Rs. 51.49 Crore.

The remuneration of Mr. Antaryami Nayak, Managing Director, was revised to Rs. 1,25,000 per month.

The company also resolved to acquire Interstellar Testing Centre Pvt. Ltd. and Quality & Testing Infosolution Pvt. Ltd. The acquisitions are expected to be completed by September 30, 2024. https://www.bseindia.com/xml-data/corpfiling/AttachLive/28ac1529-5f95-43f8-a64b-b1e7031d1f16.pdf

Karnataka Bank Ltd. has announced a strategic partnership with ICICI Lombard General Insurance Co. Ltd. to enhance customer benefits through a wide range of comprehensive insurance products. This collaboration aims to offer health, motor, travel, and home insurance, among other services, to meet the diverse needs of individuals and businesses.

Executive Director Shri. Sekhar Rao emphasized the bank's commitment to enriching the customer experience with digital insurance initiatives, including online policy purchases and real-time claims processing.

Anand Singhi from ICICI Lombard highlighted the opportunity to provide tailored risk management solutions through this partnership. https://www.bseindia.com/xml-data/corpfiling/AttachLive/81bf5549-7e2e-40fa-8663-68d6f324999b.pdf

Hitachi Energy India Ltd announced its Q1FY25 results, showcasing a sustained YoY growth trend. The company reported a 27.3% increase in revenue to INR 1,327.3 crore for the April-June 2024 quarter. Orders more than doubled YoY, reaching INR 2,436.7 crore, driven by strong demand in renewables and power quality projects. The Operational EBITDA surged by 95.2% YoY to INR 61.5 crore, despite a seasonal decline in revenue QoQ. The order backlog hit a record high of INR 8,539.4 crore, ensuring revenue visibility for upcoming quarters. The company remains optimistic about ongoing market support, particularly in high-growth segments like renewables, HVDC, and data centers. https://www.bseindia.com/xml-data/corpfiling/AttachLive/06e3b470-e536-4f31-b6e7-68274d72dfed.pdf

City Union Bank Ltd. reported its Q1 FY 2025 financial results, showing a 10% growth in interest income to Rs. 1,388 crore and a 16% increase in profit after tax to Rs. 264 crore compared to Q1 FY 2024. The bank's total income rose by 8% to Rs. 1,580 crore, while total expenses increased by 16% to Rs. 1,207 crore.

Key balance sheet items include a 6% rise in deposits to Rs. 54,857 crore and a 10% increase in advances to Rs. 46,548 crore.

The gross NPA ratio improved to 3.88% from 4.91%, and the net NPA ratio decreased to 1.87% from 2.51%. The capital adequacy ratio stood at 23.58%, reflecting strong financial health. https://www.bseindia.com/xml-data/corpfiling/AttachLive/94fa4180-d442-4101-9c7c-2327c3727df8.pdf

SHREE DIGVIJAY CEMENT CO.LTD. reported its Q1 FY25 results, highlighting a sales volume of 3.38 lacs ton, which remained flat year-over-year. The EBITDA per ton decreased to ₹**703**, down by ₹**280** compared to the previous year. The contribution of green power mix increased to 47%, showing a 12% improvement year-over-year.

Financial results for the quarter ended June 30, 2024, include revenue from operations at ₹**17,680 lacs**, EBITDA at ₹**2,374 lacs**, and profit after tax at ₹**1,127 lacs**.

Executive Chairman Anil Singhvi noted the sub-par performance due to severe heat and subdued demand from general elections, but anticipates a revival with a good monsoon and infrastructure budget allocation. https://www.bseindia.com/xml-data/corpfiling/AttachLive/c1096f1a-518e-4498-bfc3-e8d1fc796c4f.pdf

Cholamandalam Investment and Finance Company Ltd announced key decisions from its Board meeting on July 26, 2024. The Board approved the appointment of Mr. Ramkumar Ramamoorthy as an Additional Director in the capacity of an Independent Director and Mr. Ravindra Kumar Kundu as the Managing Director for a five-year term starting October 7, 2024.

Mr. Ramamoorthy brings over 35 years of experience in the IT industry and academia. Mr. Kundu has 36 years of experience in the automobile and financial services industry, including 24 years with the company.

Under Mr. Kundu's leadership, the company's Assets Under Management grew from Rs. 67,000 crores in FY20 to Rs. 1,53,000 crores in FY24, and profit before tax increased from Rs. 1,500 crores to Rs. 4,500 crores during the same period. https://www.bseindia.com/xml-data/corpfiling/AttachLive/275708c7-9c2e-48ca-aca3-355552e8d7a3.pdf

Intellect Design Arena Ltd reported its Q1FY25 financial results, showcasing a total revenue of INR 605 Crore, a 9% increase from INR 556 Crore in Q1FY24.

The company's EBITDA stood at INR 121 Crore, while Profit Before Tax was INR 98 Crore.

**Significant achievements** include 11 new deal wins and 12 digital transformations, driven by their eMACH.ai platform.

The platform's success is further endorsed by top rankings in multiple categories by IBS Intelligence and recognition in various Celent reports.

**Intellect continues to expand its global footprint** with strategic alliances and innovative financial technology solutions. https://www.bseindia.com/xml-data/corpfiling/AttachLive/aca28418-45e7-4bd0-bb89-98acbccef740.pdf

Sanofi India Ltd reported its Q2 2024 financial results, highlighting a net sales figure of INR 429 crores, impacted by supply constraints and divestments from Q2 2023. Despite a 9% reduction in operating expenses, the profit before tax stood at INR 68 crores, affected by restructuring costs of INR 19 crores. Flagship diabetes brands Lantus® and Toujeo® achieved double-digit growth in secondary sales. The demerger of its consumer healthcare business, effective June 1, 2024, resulted in a net profit of INR 1,034 million for the quarter. The company continues to focus on operational efficiencies and expanding its product availability in India. https://www.bseindia.com/xml-data/corpfiling/AttachLive/26bfb21a-6143-4636-b256-8daa1e73b475.pdf

Latent View Analytics Ltd reported a robust performance for Q1FY25, with revenue growing by 21.1% YoY and 4.2% QoQ, reaching ₹1,789.4 million. The EBITDA margin stood at 21.4%, reflecting a 240 bps increase YoY despite sequential impacts from salary increments and visa costs. The company successfully integrated its Decision Point acquisition, enhancing its CPG vertical capabilities. Key client wins included projects for a Fortune 500 media company, a power generator manufacturer, and a South African food manufacturer. Additionally, LatentView made significant strides in Generative AI, implementing enterprise-wide projects for major tech brands. The company also received several accolades, including the IMF Partner of the Year Award and recognition as a Great Place to Work. https://www.bseindia.com/xml-data/corpfiling/AttachLive/6828489d-2cd0-4c9b-86df-ca4c1aab0ca7.pdf

InterGlobe Aviation Ltd. (IndiGo) reported robust financial performance for the quarter ended June 30, 2024. The company achieved a total income of INR 202.5 billion and a net profit of INR 27.3 billion, reflecting a solid margin of around 14%. Revenue from operations increased by 17.3% to INR 195,707 million, while total expenses rose by 24.0% to INR 174,449 million. IndiGo's fleet expanded to 382 aircraft, and it operated up to 2,029 daily flights. The airline also received several accolades, including the ‘**Diversity, Equity, and Inclusion (DEI) Champion Award**’ and ‘**Airline of the Year – Domestic**’ award. https://www.bseindia.com/xml-data/corpfiling/AttachLive/5660e62b-f879-412e-9a39-9c8c9b6b2af9.pdf

IndusInd Bank Ltd. reported its financial results for the quarter ended June 30, 2024, showcasing robust performance metrics. The bank's Net Interest Income (NII) grew by 11% YoY to ₹**5,408 crores**, while the Net Profit for the quarter increased by 2% YoY to ₹**2,171 crores**. The Net Interest Margin (NIM) remained stable at 4.25%.

**Deposits** saw a 15% YoY growth, reaching ₹**3,98,513 crores**, and Advances also grew by 15% YoY to ₹**3,47,898 crores**. The Capital Adequacy Ratio (CRAR) stood at 17.55%, and the Provision Coverage Ratio (PCR) was consistent at 71%.

The bank's Gross NPA and Net NPA ratios were 2.02% and 0.60%, respectively, indicating stable asset quality. https://www.bseindia.com/xml-data/corpfiling/AttachLive/b1d189d4-32c2-4cf5-b110-b58f43df7247.pdf

CIPLA LTD. reported strong financial performance for Q1 FY25, with a 7% YoY revenue growth to INR 6,694 Cr and a 17.4% increase in PAT to INR 1,178 Cr. The EBITDA margin improved by 154 bps to 25.6%.

The One-India business saw a 10% growth in Branded Prescription. In contrast, North America achieved an all-time high quarterly revenue of $250 Mn, up 13% YoY. South Africa recorded a 19% YoY growth in local currency terms.

**R&D investments** stood at INR 353 Cr, representing 5.3% of sales. The company maintained a strong net cash position of INR 8,449 Cr. https://www.bseindia.com/xml-data/corpfiling/AttachLive/19ed6552-2c56-47af-9236-45b05261be33.pdf

CIPLA LTD. reported strong financial performance for Q1 FY25, with a 7% YoY revenue growth to INR 6,694 Cr and a 154 bps improvement in EBITDA margin to 25.6%. The India Branded Prescription Business grew by 10% YoY, while North America achieved an all-time high quarterly revenue of $250 Mn, up 13% YoY. In South Africa, the company saw a 19% YoY revenue growth in local currency terms. The company maintained a robust net cash position of INR 8,449 Cr, with R&D investments at INR 353 Cr, representing 5.3% of sales. https://www.bseindia.com/xml-data/corpfiling/AttachLive/9d732f08-1b3f-450a-871c-00728dc828cc.pdf

Bella Casa Fashion & Retail Ltd raises Q1 FY25 results with impressive growth

Revenue surged by 57.6% to ₹**74.05 Cr**, Operating Profit increased by 60.86% to ₹**6.55 Cr**, and Profit After Tax (PAT) climbed by 65.38% to ₹**3.33 Cr**. The company achieved a consistent Operating Margin of 8.85%.

Notably, apparel sales volume surged by 173% to 20.73 lakh pieces, and home furnishing sales remained robust with 3.29 lakh units sold.

Plant capacity utilization soared to over 90%, a significant rise from the previous year’s 44.4%. The company is doubling its production capacity through brownfield expansions and new plants**, aiming for a total operational capacity of 2 crore pieces per annum with an investment of up to Rs 50 Cr. https://www.bseindia.com/xml-data/corpfiling/AttachLive/f636a337-7d1d-4955-b468-2e2d9b9a0062.pdf

Accelya Solutions India Ltd reported consolidated operating income of Rs. 1,281.11 million for Q4 ending June 2024, compared to Rs. 1,309.85 million in the previous quarter. The consolidated PAT stood at Rs. 311.87 million, a significant increase from Rs. 2.02 million in the previous quarter. The company recommended a final dividend of Rs. 40 per share, bringing the total dividend payout for FY24 to Rs. 65 per share. The Board of Directors has approved the standalone and consolidated audited financial results for the quarter and year ended June 30, 2024. The final dividend payout date is set for October 29, 2024. https://www.bseindia.com/xml-data/corpfiling/AttachLive/11203ff4-635f-41fa-bdee-7458a81c0b50.pdf

Sanofi India Ltd reported its Q2 2024 financial results, highlighting a net sales figure of INR 429 crores, impacted by supply constraints and divestments from Q2 2023. destruction:2:0:wideDespite a 9% reduction in operating expenses, the profit before tax stood at INR 68 crores, affected by restructuring costs of INR 19 crores.

The company's flagship diabetes brands, Lantus® and Toujeo®, achieved double-digit growth in secondary sales.

The demergement of its consumer healthcare business, effective June 1, 2024, resulted in a net profit of INR 1,034 million for the quarter.

The financial results reflect a significant focus on driving operating efficiencies and expanding product availability in India. https://www.bseindia.com/xml-data/corpfiling/AttachLive/10c17676-fb78-4e8f-9c13-0d813d27b904.pdf

Exicom Tele-Systems Ltd has announced the incorporation of a step-down wholly-owned subsidiary, Tritium Power Solutions Limited, in England and Wales. This new entity, established by Exicom Power Solutions B.V., will focus on the Electric Vehicle Supply Equipment (EVSE) industry. Tritium Power Solutions Limited, with an initial share capital of GBP 1, will engage in manufacturing batteries, electrical and electronic equipment for motor vehicles, and other related activities. The incorporation does not fall within related party transactions, and the promoter group has no interest in this transaction. https://www.bseindia.com/xml-data/corpfiling/AttachLive/11fe8815-1d0a-4111-8bf8-92d80aaea8e0.pdf

InterGlobe Aviation Ltd has received an upgraded long-term rating from ICRA A+ to ICRA AA- with a stable outlook, while its short-term rating has been reaffirmed at ICRA A1+. This upgrade reflects a 25% growth in passenger volumes and a 22% increase in capacity in FY2024, leading to revenues of approximately Rs. 68,904 crore and a PAT of Rs. 8,172 crore.

The company maintains a strong liquidity position with free cash balances of ~Rs. 20,823 crore as of March 2024. Despite challenges like engine failures and intense market competition, IndiGo's extensive network, low-cost positioning, and strategic fleet expansion are expected to sustain its market leadership and operational efficiency. https://www.bseindia.com/xml-data/corpfiling/AttachLive/0ff2e4e5-5f74-4492-b62b-d3cdfeb099b3.pdf

Hindiustan Foods Ltd. has received a reaffirmation of its Long Term Issuer Rating to ‘**IND A+**’ with a Stable Outlook from India Ratings and Research, as of July 26, 2024. The ratings for specific instruments include:

- Term Loan: IND A+/Stable
- Working Capital facilities: IND A1+

This rating update ruas in accordance with Regulation 30 and other applicable provisions of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. https://www.bseindia.com/xml-data/corpfiling/AttachLive/ca20a031-8f28-4fa2-8165-0c31d3e173c9.pdf

Nilkamal Ltd. has had its credit ratings reviewed and reaffirmed by CARE Ratings Limited. The long-term bank facilities have been reduced to ₹343.75 crore, while short-term bank facilities stand at ₹208.21 crore, totaling ₹551.96 crore. Additionally, non-convertible debentures are valued at ₹200 crore, and commercial paper carved out from sanctioned working capital limits is ₹100 crore. The ratings assigned are CAREAA; Stable for long-term instruments and CAREA1+ for short-term instruments. https://www.bseindia.com/xml-data/corpfiling/AttachLive/e445bf53-9500-43a0-aa9b-6a77667cd00f.pdf

XPRO INDIA LTD. reported the unaudited standalone and consolidated financial results for the quarter ended June 30, 2024. The company achieved a total income of INR 14,542.25 lacs, with revenue from operations at INR 13,853.22 lacs. The net profit for the period stood at INR 1,402.00 lacs. The Board approved an investment of up to INR 120 Crores in its subsidiary, Xpro Dielectric Films FZ-LLC, and the disposal of its investment in Xpro Global Limited for INR 3.00 lacs. The meeting concluded at 4:00 PM on July 26, 2024. https://www.bseindia.com/xml-data/corpfiling/AttachLive/b7152f5c-a718-43f8-9058-e200948d494a.pdf

IndiaMART InterMESH Ltd has disclosed under Regulation 30 read with Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, that its shareholding in IB MonotaRO Pvt Ltd (IMPL) will be diluted from 26% to 24.21% due to the proposed subscription of shares by MonotaRO Co., Ltd. This update follows an earlier intimation dated February 23, 2022. The information was communicated by Manoj Bhargava, Company Secretary and Compliance Officer of IndiaMART InterMESH Limited. https://www.bseindia.com/xml-data/corpfiling/AttachLive/5dcf0c57-d38d-47ed-80bc-8bd9a05f24d7.pdf

9. Resignation

Saint-Gobain Sekurit India Ltd. announced the resignation of Mr. Manigandann R, Whole-Time Director and Chief Financial Officer, effective July 31, 2024. The Board of Directors accepted his resignation on July 26, 2024. There were no other material reasons for his departure. This change is in compliance with SEBI regulations.
https://www.bseindia.com/xml-data/corpfiling/AttachLive/49509798-8d28-4d59-a7de-81ac0b379c1e.pdf

Contain Technologies Ltd announces significant changes in its executive team. On April 5, 2024, the Board of Directors appointed Mr. Janardhan Mandala as the new Chief Financial Officer (CFO). Mr. Vijay Kumar Jojoda, who previously held the position, resigned due to pre-occupations and other commitments. Mr. Mandala brings 16 years of experience in finance and holds an MBA with a specialization in Finance. The company expressed deep appreciation for Mr. Jojoda's contributions during his tenure. This transition aligns with Regulation 30 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015. https://www.bseindia.com/xml-data/corpfiling/AttachLive/3265c1b2-7521-461c-b901-6b3abdc54a88.pdf

UNISTAR MULTIMEDIA LTD. has announced a revised intimation regarding the resignation of its statutory auditor, M/s. S.P. Patel & Co., effective March 16, 2024. The delay in submitting this intimation was due to the resignation of Ms. Srishti Jain, the Company Secretary and Compliance Officer, on December 18, 2023, and the management's preoccupation with critical business operations and strategic decisions.

Detailed reasons for the resignation of M/s. S.P. Patel & Co. and the delay in disclosure are provided in the attached resignation letter and SEBI circulars(**UNISTAR MULTIMEDIA LTD.**_7/26/2024_44, n.d.). https://www.bseindia.com/xml-data/corpfiling/AttachLive/240fb708-7e61-4310-a79c-35fc2fd6a9ef.pdf

Amba Enterprises Ltd has announced a restructuring of their Chartered Accountant (CA) firm, M/s. MASD & Co, which has now become M/s. M A S D & CO LLP, effective from 25th July 2024. This change aligns with the firm's commitment to maintaining high standards of financial and compliance practices. The restructuring involves only the firm's structure, with all partners, including Auditor CA Aakash Mehta, remaining the same. The firm will continue to sign quarterly results and financials for Amba Enterprises Ltd. (Amba Enterprises Ltd\_7/26/2024\_69, n.d.) https://www.bseindia.com/xml-data/corpfiling/AttachLive/3f248be0-a198-40f1-8393-4d19005e92fb.pdf

Lahoti Overseas Limited has incorporated a wholly owned subsidiary named Innovative Spintex Private Limited. The new company, which belongs to the Manufacturing and Trading in Textiles industry, has an authorized and paid-up share capital of Rs. 1,00,00,000, divided into 10,00,000 equity shares of Rs 10 each. The subsidiary is yet to commence its business operations. This acquisition does not fall within related party transactions, and the initial subscription was made in cash. Lahoti Overseas holds 100% subscription to the paid-up share capital of the subsidiary. https://www.bseindia.com/xml-data/corpfiling/AttachLive/416af8ab-5270-442b-a8db-12238433201c.pdf

CISTRO TELELINK LTD. has announced a significant restructuring plan approved by its shareholders on July 25, 2024. The company aims to reduce its equity share capital by 40%, adjusting its balance sheet to attract future investors. The reduction will decrease the paid-up share capital from INR 5,13,43,000 to INR 3,08,05,800, effectively addressing accumulated losses of INR 2,05,37,200. This restructuring will not alter the shareholding pattern or provide any benefits to the promoter group. The capital reduction will be executed by rounding off fractional shares to the nearest integer. https://www.bseindia.com/xml-data/corpfiling/AttachLive/0cb56d36-b1ee-4491-8259-20aad5256a23.pdf

Bigbloc Construction Ltd announced a temporary shutdown of its Umargam plant, initially scheduled from May 18, 2024, for 45-60 days. However, due to global container and vessel shortages and torrential rains, the upgrade process has been delayed. The company is working to complete the necessary upgrades and will provide a new completion date soon. The management appreciates stakeholders' understanding and continued support. https://www.bseindia.com/xml-data/corpfiling/AttachLive/8e7881b4-dc1a-4b19-bbe3-9509b93c21d1.pdf

10. Earnings Transcript

Poonawalla Fincorp Ltd has released the transcript of its Q1 FY 2024-25 earnings conference call held on July 22, 2024. The transcript, which discusses the company's unaudited financial results for the quarter ended June 30, 2024, is available online. This disclosure is in compliance with Regulation 30 and 46(2)(oa) of the SEBI Listing Regulations. For more details, the transcript can be accessed here. https://www.bseindia.com/xml-data/corpfiling/AttachLive/05955503-eb8e-44bb-aad4-bbc42711a614.pdf

Shriram Finance Ltd announced the availability of the audio recording for their earnings call for the first quarter ended June 30, 2024. The conference call was held on July 26, 2024, at 7:00 PM. The audio link is accessible on the company's website www.shriramfinance.in and directly via this link. The transcript of the call will be uploaded soon. https://www.bseindia.com/xml-data/corpfiling/AttachLive/d3cc24d5-3e66-468f-bbe3-ff31ba66e9ee.pdf

YES BANK LTD. reported its Q1 FY '25 earnings, showcasing a robust performance. The bank achieved its highest quarterly profit since reconstruction, amounting to INR 502 crores, a 46.7% YoY increase. The Net Interest Income grew by 12.2% YoY to INR 2,244 crores, maintained a Net Interest Margin of 2.4%. The Gross NPAs improved to 1.7%, while the Net NPA ratio decreased to 0.5%. The Cost-to-Income Ratio was reduced to 71.8%**, and the CASA ratio stood at 30.8%**. The CET1 Ratio was 13.3%**, with a Total Capital Adequacy of 16.5%**. The bank also received a rating outlook upgrade from Moody's to "positive" and ICRA to "A". https://www.bseindia.com/xml-data/corpfiling/AttachLive/48d6a81b-9b33-4f15-94ba-3c19403fd5f3.pdf

Indian Overseas Bank reported significant growth in its Q1 FY 2024-25 financial results. The bank's total business surged to ₹5,28,773 crores, marking a year-on-year growth of over 16% and a 4.72% increase over the previous quarter. Operating profit improved by 24.57% year-on-year to ₹1,676 crores, while net profit grew by 26.47% to ₹633 crores. The bank's Provision Coverage Ratio (PCR) improved to 96.96%, and the Capital Adequacy Ratio stood at 17.82%, well above the regulatory requirement. The bank's gross advances grew by 20.30% year-on-year to ₹2,30,000 crores, and total deposits reached ₹2,99,000 crores, reflecting a 12.97% year-on-year growth. https://www.bseindia.com/xml-data/corpfiling/AttachLive/e041d612-bff1-4318-a46d-9e0142aae168.pdf

Solara Active Pharma Sciences Ltd reported a significant turnaround in Q1 FY '25, with a 21% quarter-on-quarter revenue growth and a 276% increase in reported EBITDA. The company achieved an adjusted EBITDA of INR 50 crores, reflecting a 14% margin.

**Key strategic moves** included mothballing the Vizag facility for retrofitting to expand CRAMS operations and reducing debt by INR 160 crores.

**Solara's revenue** guidance for FY '25 is set between INR 1,400 crores to INR 1,500 crores, with an EBITDA target of INR 230 crores to INR 260 crores. The company aims to achieve a 20% to 22% EBITDA margin by Q4 FY '25. https://www.bseindia.com/xml-data/corpfiling/AttachLive/7ea196c2-01af-416f-aa85-aec959bae507.pdf

Route Mobile Ltd reported its Q1 FY25 earnings, highlighting a 14% year-on-year revenue growth and 8.5% sequential growth despite global challenges. The company processed over 37 billion billable transactions, marking its highest quarterly volume to date.

Key developments include the Proximus Opal acquisition of an 83.1% stake, which is expected to enhance market entry in the USA and Europe and expand the product portfolio.

The largest firewall deal with Vodafone Idea went live in April 2024, contributing to a 25% year-on-year growth in the Indian market.

For FY25, Route Mobile anticipates revenue growth between 18% to 22% with an EBITDA margin of approximately 13%. https://www.bseindia.com/xml-data/corpfiling/AttachLive/77a525b9-3c25-4cca-8ee5-615b54119557.pdf

Rossari Biotech Ltd reported a strong start to FY25 with a 19.3% YoY revenue growth, reaching Rs. 489.7 crore, and a 19.5% increase in PAT to Rs. 34.9 crore. The HPPC segment led with a 21% growth, contributing 75% of the revenue. The company is expanding its Dahej facility to add 20,000 tons of HPPC capacity and 30,000 MT of ethoxylation capacity. Export markets showed a 50% YoY growth, now constituting 24%-25% of total revenue. The institutional cleaning segment is expected to reach Rs. 250 crore this year. https://www.bseindia.com/xml-data/corpfiling/AttachLive/4f5e4e94-fbca-40f6-84f4-8dd463e78e6b.pdf

Kirloskar Pneumatic Co. Ltd. held a conference call for investors and analysts on July 22, 2024, to discuss the unaudited financial results for the quarter ended June 30, 2024. The transcript of this call is available on the company's website. This call was part of the company's compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company had previously communicated about this call via a letter dated July 17, 2024. https://www.bseindia.com/xml-data/corpfiling/AttachLive/91c42ee1-f04e-466a-a966-547929ef055d.pdf

InfoBeans Technologies Ltd reported its Q1 FY25 earnings on June 30, 2024. The company, founded in 2000, focuses on digital transformation and product engineering, employing 1,500 people across the US, Middle East, Europe, and India. For FY24, InfoBeans achieved a revenue of ₹384 crores, an EBITDA of ₹67 crores, and a PAT of ₹22 crores. The company has significant cash reserves of ₹138 crores, earmarked for potential acquisitions.

**InfoBeans Technologies Ltd** has a strong client base, including 29 large enterprises, and continues to expand its offerings in AI-enabled solutions, ServiceNow, and Salesforce platforms. Recent strategic moves include onboarding Phaneesh Murthy as an advisor and securing six new clients in the last quarter. https://www.bseindia.com/xml-data/corpfiling/AttachLive/50634f4b-559d-499f-a477-afe6ff1a9006.pdf

Can Fin Homes Ltd. reported a 6% decline in disbursements for Q1 FY'25, attributed to election-related slowdowns in April and May, despite June being the second-best month in the last 15 months. The company aims to achieve INR 2,500 crores in disbursements for Q2 and targets a total of INR 10,500 crores for FY'25. The gross NPA increased by INR 39 crores in Q1 FY'25, but the company maintains a guidance of reducing it to below 0.8% by year-end. The cost of funds rose due to higher borrowing rates, but repricing of CP borrowings is expected to provide a 30-40 bps benefit in Q2. The company is also hopeful for lower-cost funds from NHB under the Affordable Housing Fund, pending budget announcements. https://www.bseindia.com/xml-data/corpfiling/AttachLive/5c51d369-9a64-4356-b6ab-cacca01daeb1.pdf

Polycab India Ltd reported its highest-ever first-quarter revenue in Q1 FY25, driven by a 21% YoY growth in consolidated revenue. The company's EBITDA grew by 6% YoY, with margins at 12.4%. Despite a shift towards lower-margin segments, the Wires & Cables segment saw an 11% YoY growth, and the FMEG business recorded a 21% increase, bolstered by strong demand for fans. However, the international business faced a 28% decline due to elevated freight costs and a transition to a distribution-led model in the U.S. Polycab's net cash position improved to ₹16.3 billion, and the company remains optimistic about sustained demand momentum and achieving its ₹200 billion revenue target by FY26. https://www.bseindia.com/xml-data/corpfiling/AttachLive/01b51cd7-c6de-4248-853d-dbd110295bf1.pdf

PVR Inox Ltd reported its Q1 FY '25 results, highlighting a total revenue of INR 1,209 crores, an EBITDA loss of INR 20 crores, and a PAT loss of INR 137 crores. The quarter was impacted by the 2024 general elections, leading to a 13% drop in film releases. Notable films like "Kalki" grossed over INR 1,000 crores globally. The company opened 50 new screens and closed 14 underperforming ones, resulting in a net addition of 36 screens. Future plans include opening 120 new screens and exiting 70, aiming for a net addition of 50 screens for FY '25. https://www.bseindia.com/xml-data/corpfiling/AttachLive/971beb4e-fe1d-48b7-b681-3aa518cf1279.pdf

Kotak Mahindra Bank Ltd. recently held an Earnings Conference Call on July 20, 2024, at 4:30 p.m. (IST) to discuss the Consolidated and Standalone Unaudited Financial Results for the quarter ended June 30, 2024. The transcript of this call is now available on the bank's website. This update was communicated by Avan Doomasia, the Company Secretary, requesting the dissemination of this information on relevant platforms. https://www.bseindia.com/xml-data/corpfiling/AttachLive/3b9f51a0-267a-48c3-b2fe-44f9919343c3.pdf

SHAKTI PUMPS (INDIA) LTD. has released the transcript of its Earnings Call held on Monday, 22nd July, 2024, discussing the Un-audited financial results for the quarter ended June 30, 2024. The transcript is available on the company's website and can be accessed through the provided link. This disclosure is in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. https://www.bseindia.com/xml-data/corpfiling/AttachLive/e75e35a0-69b0-4b39-95cd-7945b6a37a08.pdf

Epigral Ltd reported its Q1 FY25 results, showcasing a significant performance with the highest-ever quarterly revenue of Rs. 651 crores, driven by a 29% volume growth and improved capacity utilization at 80%. The company's EBITDA surged by 85% to Rs. 176 crores, with a margin of 27%, while PAT grew by 172% to Rs. 88 crores. The revenue contribution from derivatives and specialty business increased to 53%, reflecting the company's strategic focus on diversifying its business model. Epigral Ltd plans to commission new facilities, including the Chlorotoluene value chain, to drive future growth and reduce debt. https://www.bseindia.com/xml-data/corpfiling/AttachLive/ecedce6c-ad20-4324-9430-9ed07a735bf9.pdf

One 97 Communications Ltd reported its financial results for the quarter ending June 30, 2024, during an earnings call on July 19, 2024. One 97 Communications, which operates under the brand Paytm, highlighted its focus on achieving profitability, aiming for at least one profitable quarter in the current fiscal year.

The management discussed the impact of discontinued products like wallets and postpaid loans on consumer payment revenues, which saw a significant decline. They also emphasized the company's strategy to enhance cross-selling of financial services and marketing services to merchants.

**Paytm** is working on technology and consumer migration to resume new user acquisitions for UPI, with expectations of regulatory approvals within the fiscal year. Additionally, Paytm is focusing on expanding its merchant base and increasing the penetration of its soundbox devices, aiming for a higher subscription rate among new merchants. https://www.bseindia.com/xml-data/corpfiling/AttachLive/a5a83eed-344a-42de-a407-133933f0be3b.pdf

Supreme Industries Ltd. reported its Q1 FY'25 earnings on July 22, 2024. The company achieved a net product turnover of ₹2,612 crores, selling 173,835 MT of plastic goods, reflecting a 17% volume growth and a 12% value growth compared to the previous year(**SUPREME INDUSTRIES LTD.**_7/26/2024_101, n.d._). Total consolidated income was ₹2,658 crores, with an operating profit of ₹425 crores, marking a 12% and 24% increase, respectively(**SUPREME INDUSTRIES LTD.**_7/26/2024_101, n.d._). The company has a cash surplus of ₹1,245 crores as of June 30, 2024(**SUPREME INDUSTRIES LTD.**_7/26/2024_101, n.d._). Key growth areas include the Plastic Piping System, which saw a 20% volume increase, and the Packaging Product Segment, which grew by 8% in volume(**SUPREME INDUSTRIES LTD.**_7/26/2024_101, n.d._). The company is optimistic about achieving a 25% volume growth in the plastic piping division for the full fiscal year(**SUPREME INDUSTRIES LTD.**_7/26/2024_101, n.d._). https://www.bseindia.com/xml-data/corpfiling/AttachLive/932fa7c8-d4e8-4237-b799-e452261278b1.pdf

Disclaimer: The article is for educational purposes only, offering general information and not professional advice. Efforts were made to present content accurately from news sources, but original publishers retain copyright. Readers should research and consult advisors before deciding. The author and publisher disclaim liability for losses from using this content; use at your own risk.