Amara Raja Energy & Mobility (ARE&M) announced robust financial results for the first quarter ended June 30, 2024. The company reported a 23% year-on-year increase in profit before tax to ₹328.66 crore, translating to an Earnings Per Share (EPS) of ₹13.36. Revenue from operations surged to ₹3,131.19 crore, a 13% growth compared to the same …
Affle (India) Limited, a global technology company, reported robust financial results for the first quarter ended June 30, 2024. Consolidated revenue surged 27.8% year-on-year to ₹519.5 crore, driven by the CPCU business’s stellar performance. EBITDA climbed 34% to ₹104.7 crore, with margins expanding to 20.1%. Profit after tax (PAT) increased by 30.8% to ₹86.6 crore, …
Texmaco Rail & Engineering Ltd, a Kolkata-based engineering company, announced on Saturday that it has secured significant orders worth ₹243 crore from the Mumbai Railway Vikas Corporation (MRVC). These orders are for power supply projects along two key railway routes in Maharashtra. Specifically, the projects involve upgrading the power infrastructure for the 3rd and 4th …
Kuantum Papers Limited has reported its financial results for the quarter ending June 2024. The company achieved an impressive ₹2,807 million in income from operations, ₹382 million in net profit, and ₹716 million in EBITDA. Despite facing pricing pressures in the market, Kuantum Papers maintained a healthy EBITDA margin of 25.51%, demonstrating its operational resilience. …
On August 03, 2024, the State Bank of India announced its financial results for the quarter that ended June 30, 2024. The bank reported a net profit of ₹17,035 crore for Q1FY25, marking a 0.89% year-on-year increase. The operating profit for the quarter rose by 4.55% year-on-year to ₹26,449 crore. The bank’s Return on Assets …
Kesar India Limited has informed the stock exchanges about the incorporation of a wholly owned subsidiary named Kesar Green Power Private Limited (KGPPL) in Nagpur, Maharashtra, on August 2, 2024. This strategic move marks Kesar India Limited’s entry into the Electric Power Transmission sector, further diversifying its business operations. Kesar Green Power Private Limited has …
Shares of Bharat Forge Ltd. experienced a notable decline of about 5% in Monday’s trade, following the latest data release on Class 8 Truck orders in North America. This marks the sharpest single-day fall for the stock since June 04, 2024, raising concerns among investors and market analysts. Class 8 Truck Orders Hit 15-Month Low …
Entero Healthcare Solutions Limited recently informed the stock exchanges that its Board of Directors has approved the execution of definitive agreements to acquire three entities directly: Gourav Medical Agencies Private Limited (GMAPL), Sai Pharma Distributors Private Limited (SPDPL), and Srinivasa Lifecare Private Limited (SLPL). These acquisitions are strategic moves to expand Entero Healthcare’s footprint in …
JSW Energy Limited informed the stock exchanges that it has achieved an impressive A rating for Environment, Social, and Corporate Governance (ESG) in the latest update from Morgan Stanley Capital International (MSCI). This rating highlights the company’s commitment to sustainability and responsible business practices, positioning it as one of the highest-rated companies among its domestic …
ZIM Laboratories Limited, a prominent player in the pharmaceutical industry, recently made significant strategic moves to expand its global footprint. In a filing with the stock exchange, the company announced key decisions made by its Board of Directors to further its business interests in Europe and the MENA (Middle East and North Africa) region. Firstly, …
