Thu, Nov 21, 2024 3:54 PM
Axel Polymers Standalone September 2024 Net Sales at Rs 13.87 crore
A Flip by Avya Verma
Reported Consolidated quarterly numbers for IRM Energy are: Net Sales at Rs 231.52 crore in September 2024 up 5.18% from Rs. 220.12 crore in September 2023. Quarterly Net Profit at Rs. 12.01 crore in September 2024 down 53.84% from Rs. 26.02 crore in September 2023. EBITDA stands at Rs. 35.60 crore in September 2024 down 21.71% from Rs. 45.47 crore in September 2023.
Open Flip
The Reserve Bank of India (RBI) has approved Central Bank of India's joint venture with Generali group to enter the insurance business, subject to compliance with norms and IRDAI approval. The Competition Commission of India cleared the acquisition of stakes in Future Generali India Insurance and Life Insurance in October.
Open Flip
ONGC's Q2FY25 results surpassed estimates, with SA EBITDA at Rs170.3bn and RPAT at Rs119.8bn, driven by lower expenses and higher other income. Crude production fell 1.7% YoY, while gas production declined 2.7% YoY. The company expects to reach peak oil and gas output by FY25-end/early-FY26, and Emkay Global maintains a BUY rating with a target price of Rs330.
Open Flip
