APM Terminals Pipavav Q3 net profit rises 39% to Rs 110 crore
Tue, Feb 13, 2024 2:54 PM

APM Terminals Pipavav Q3 net profit rises 39% to Rs 110 crore

A Flip by Shubhangi Gupta
Get it on Google Play
APM Terminals Pipavav recorded a 39% increase in net profit to Rs 110.27 crore for the December quarter. Revenue from operations rose to Rs 269.63 crore and EBITDA grew by 13%. Container cargo business increased by 6%, handling 2,04,000 TEUs. The operator also handled 29,000 cars and 589 container trains during the quarter.

More great flips

Sagility India IPO subscribed 39% so far

Sagility India IPO subscribed 39% so far

On Tuesday’s first day of bidding, Sagility India Ltd., a supplier of technology-enabled healthcare services, earned a 0.23 times subscription for its initial public offering (IPO). November 7 is the last day of the Rs 2,106.6-crore IPO, with a price range of Rs 28 to Rs 30 per share. The IPO received a 0.39 times subscription up until 13:49 pm on Wednesday, the second day of bidding.

Open Flip
Mexico's peso slumps to two-year low as markets tilt towards Trump win

Mexico's peso slumps to two-year low as markets tilt towards Trump win

Mexico's peso sank to its weakest level in over two years on Wednesday, as markets braced for a win for Donald Trump the U.S. election, extending a streak of volatility and weakness for the emerging markets bellwether. The peso dropped as low as 20.8038 per dollar for the first time since August 2022, more than 3% weaker than its previous close.

Open Flip
Kanpur falls behind in smart city rank, relegates to B category

Kanpur falls behind in smart city rank, relegates to B category

Kanpur ranks low in Smart City Mission with 8/10 marks due to project delays, relegating it to Category B; 68 of 72 projects are complete, but others like the Chunniganj convention center and multi-level parking remain unfinished due to pending NOCs, with authorities warning of adverse entries for non-compliance.

Open Flip

Join our Smart Investment Community

More than 2 Million users are using FlipItMoney to stay updated about the business and finance world! Join FlipItMoney now and take smart investment decisions!
Icon