Jayshree Tea Consolidated December 2023 Net Sales at Rs 206.23 crore!
Tue, Feb 20, 2024 3:44 PM

Jayshree Tea Consolidated December 2023 Net Sales at Rs 206.23 crore!

A Flip by Avya Verma
Get it on Google Play
In the December quarter of 2023, Jayshree Tea and Industries reported a decrease in net sales by 22.84% to Rs. 206.23 crore, but an increase in net profit by 102.32% to Rs. 0.19 crore, and EBITDA by 153.29% to Rs. 15.40 crore compared to the same period in 2022. The company's EPS also increased to Rs. 0.07.

More great flips

Budget holds promise for retail investors

Budget holds promise for retail investors

India's FY26 Union Budget, to be presented on February 1, is expected to bring consumer relief and market-friendly reforms, including potential tax breaks for lower-income groups and adjustments to capital gains taxes, which could boost consumption, revive urban demand, and reinvigorate the stock market.

Open Flip
Defence production up 2.6x since FY15

Defence production up 2.6x since FY15

India’s push towards self-reliance in defence equipment for armed forces has borne fruit. Defence production has grown by double digits over the last decade, more than doubling from Rs 46,429 crore in FY15.A Moneycontrol analysis shows that the pace of growth has picked up further post-pandemic as the country targets the goal of Rs 3 lakh crore of defence production by 2029.

Open Flip
Rashi Peripherals to acquire 70% stake in Satcom Infotech

Rashi Peripherals to acquire 70% stake in Satcom Infotech

Information and communications technology products distributor Rashi Peripherals Ltd on Wednesday (January 15) announced plans to acquire a 70% equity stake in Satcom Infotech Private Ltd. Satcom is a prominent distributor specialising in cybersecurity solutions. With this acquisition, Rashi Peripherals aims to strengthen its position as a comprehensive ICT solutions provider in India.

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