Wed, Nov 6, 2024 3:43 PM
Tata Motors Q2 Preview: EBITDA likely steady on improved profitability
A Flip by Avya Verma
Reported Standalone quarterly numbers for Waaree Renewable Technologies are: Net Sales at Rs 524.42 crore in September 2024 up 255.54% from Rs. 147.50 crore in September 2023. Quarterly Net Profit at Rs. 53.58 crore in September 2024 up 188.38% from Rs. 18.58 crore in September 2023. EBITDA stands at Rs. 75.03 crore in September 2024 up 171.36% from Rs. 27.65 crore in September 2023.
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Reported Standalone quarterly numbers for Midwest Gold are: Net Sales at Rs 0.01 crore in September 2024 down 84.76% from Rs. 0.07 crore in September 2023. Quarterly Net Loss at Rs. 0.37 crore in September 2024 up 47.02% from Rs. 0.71 crore in September 2023. EBITDA stands negative at Rs. 0.02 crore in September 2024 up 95.12% from Rs. 0.41 crore in September 2023.
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Organic Coatings reported a quarterly net loss of Rs 0.70 crore in September 2024, down 213.63% from Rs 0.22 crore in September 2023, despite an 18.78% increase in net sales to Rs 6.16 crore. Organic Coatings shares closed at 29.18 on November 05, 2024, with 154.85% returns over the last 6 months and 332.30% over the last 12 months.
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