Fri, Nov 8, 2024 3:26 PM
Hold Gujarat Gas target of Rs 565 Prabhudas Lilladher
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Consumer durables maker Whirlpool of India Ltd on Friday (November 8) reported a 25.4% year-on-year (YoY) decline in net profit at ₹287 crore for the second quarter that ended September 30, 2024. In the corresponding quarter of the previous fiscal, Whirlpool of India posted a net profit of ₹384.7 crore, the company said in a regulatory filing.
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Snacks maker Haldiram Bhujiwala on Thursday said it has raised Rs 235 crore from Pantomath's Bharat Value Fund (BVF) in lieu of a minority stake through private placement. In a statement, the company that retails its products under the brand 'Prabhuji' said it will use the funds to expand its manufacturing and markets outside of eastern and northeastern markets.
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The State Bank of India (SBI) categorised Rashtriya Ispat Nigam (RINL), a public sector steel manufacturer, under the Special Mention Account 1 (SMA-1) category in the second quarter of FY25, sources informed CNBC-TV18. SBI’s statement clarified that the SMA-1 designation included a long-term government sector client with a fund-based outstanding amount of approximately ₹9,000 crore.
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