Fri, Nov 15, 2024 12:36 PM
Reduce Deepak Nitrite; target of Rs 2438 Prabhudas Lilladher
A Flip by Avya Verma
City gas distribution player Indraprastha Gas (IGL) has received another intimation from GAIL India - the nodal agency for domestic gas allocation - informing of further reduction in gas allocation, effective November 16.Confirming that the development will "adverse impact profitability", IGL said it is exploring all options to address the issue.
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Ahluwalia Contracts India Q2 Results 2024: Ahluwalia Contracts India has released its Q2 results for the fiscal year 2024 on 14 November 2024, reporting a significant decrease in profit despite an increase in revenue. The company’s profit stood at ₹38.67 crore, reflecting a 29.77% decline year-on-year (YoY), while revenue increased by 12.19% YoY to ₹1011.48 crore.
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Sharekhan's research report on Ipca Laboratories: Quarterly revenues reached Rs. 2,355 crore, marking a 16% y-o-y increase and a 13% rise from the previous quarter. Profit after tax (PAT) came in strong at Rs. 245 crore, up 39% as compared to last year and 23%, sequentially. EBITDA stood at Rs. 441 crore, reflecting a 22% y-o-y growth and a 12% increase sequentially.
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