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TTK Prestige Board Approves Share Buyback at 25% Premium via Tender Offer

TTK Prestige Board Approves Share Buyback at 25% Premium via Tender Offer

2 August 2024

TTK Prestige Ltd shares rose by up to 4% on August 01, 2024, after the company’s board approved a buyback of its equity shares. TTK Prestige plans to buy back up to 16.66 lakh equity shares, which is 1.2% of its total equity share capital, for ₹200 crore. The record date for this buyback is …

Sterling Holiday Resorts Achieves Record Q1 Revenue of ₹126 crore and Expands to 50 Resorts

Sterling Holiday Resorts Achieves Record Q1 Revenue of ₹126 crore and Expands to 50 Resorts

2 August 2024

On August 2, 2024, Sterling Holiday Resorts Limited, a wholly owned subsidiary of Thomas Cook (India) Limited (TCIL), announced its results for Q1 FY25. Sterling Holiday Resorts reported its highest-ever Q1 revenue at ₹126 crore, with an EBITDA margin of 34%, aligning with industry benchmarks. The company achieved revenue growth of 9.2% year over year, …

Suraj Estate Developers Reports 30.9% YoY Income Growth in Q1 FY25

Suraj Estate Developers Reports 30.9% YoY Income Growth in Q1 FY25

2 August 2024

On August 2, 2024, Suraj Estate Developers Limited announced its financial results for the quarter ended June 2024. Q1 FY25 Performance Highlights The company’s total income increased by 30.9% year-on-year (YoY) and 30.7% quarter-on-quarter (QoQ), rising from ₹102.8 crore in Q1 FY24 and ₹103 crore in Q4 FY24 to ₹134.6 crore in Q1 FY25. EBITDA …

Coal Sector Registers Significant Growth in July 2024

Coal Sector Registers Significant Growth in July 2024

2 August 2024

The Ministry of Coal has announced a substantial surge in coal production for July 2024, underscoring the sector’s robust performance. Overall coal production reached a commendable 74.07 Million Tonnes (MT), marking a 6.69% increase compared to the same period last year. This upward trajectory indicates the sector’s commitment to meeting the nation’s growing energy demands. …

HPL Electric & Power Delivers Strong Q1 FY25 Performance

HPL Electric & Power Delivers Strong Q1 FY25 Performance

2 August 2024

HPL Electric & Power Ltd (HPL) has announced impressive financial results for the first quarter of FY2025, characterised by robust revenue growth and enhanced profitability. The company witnessed a substantial 22.50% year-on-year (YoY) increase in revenue, reaching ₹392.91 crores, driven by robust performance across its Metering, Systems & Services, and Consumer, Industrial & Services segments. …

MOIL Reports Strong Q1 FY25 Performance: Production Rose 8% YoY

MOIL Reports Strong Q1 FY25 Performance: Production Rose 8% YoY

2 August 2024

Financial Highlights MOIL has announced robust financial results for the first quarter of FY2025, marked by record-breaking quarterly turnover and sales. Production and sales witnessed significant year-on-year growth, driven by favourable market conditions. The company achieved its highest-ever quarterly revenue from operations and profit before tax, reflecting improved operational efficiency and cost management. In keeping …

Morepen Laboratories Launches Rs 250-Crore QIP

Morepen Laboratories Launches Rs 250-Crore QIP

2 August 2024

Morepen Laboratories Ltd is a prominent pharmaceutical company with a state-of-the-art Research & Development Centre, poised to capitalise on the generic revolution by filing multiple DMFs and COS for new APIs. This focused and dynamic business model enhances Morepen’s core competencies while aligning with its existing chemistry expertise. The R&D center in Masulkhana, Parwanoo, and …

Expleo Solutions  Recorded a YoY Growth of 12.5% in Revenue During Q1 FY2025

Expleo Solutions Recorded a YoY Growth of 12.5% in Revenue During Q1 FY2025

2 August 2024

Expleo Solutions Ltd, a global technology, engineering and consulting service provider, announced its results for the first quarter ended June 30, 2024 Revenue Growth: The company’s revenue increased 12% year over year (YoY), indicating positive business momentum. Profitability Improvement: Adjusted EBITDA and profit after tax (PAT) witnessed growth, with respective margins of 15.8% and 18.1%. …

Prataap Snacks Ltd Reports Q1 FY25 Results with ₹4,214.4 Million Revenue

Prataap Snacks Ltd Reports Q1 FY25 Results with ₹4,214.4 Million Revenue

2 August 2024

Prataap Snacks Ltd a leading Indian Snacks Food Company has released its financial results for the quarter ended June 30, 2024. For Q1 FY 2025, the company achieved a notable revenue from operations of ₹4,214.4 million, reflecting robust growth and consumer demand for its diverse product portfolio. The operating EBITDA stood at ₹300.3 million, with …

Lemon Tree Hotels Expands with Aurika Resort in Sasan Gir, Gujarat

Lemon Tree Hotels Expands with Aurika Resort in Sasan Gir, Gujarat

2 August 2024

On August 1, 2024, Lemon Tree Hotels Ltd announced in a stock exchange filing the signing of a new property under its upscale Aurika Hotels & Resorts brand, located in Sasan Gir, Gujarat. The company stated that this greenfield project is set to open in FY 2029 and will be managed by Carnation Hotels Pvt. …

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