Venky’s India shares plunge after muted Q1FY23 financial performance
Fri, Aug 5, 2022 3:13 PM

Venky’s India shares plunge after muted Q1FY23 financial performance

A Flip by Moushumi
Get it on Google Play
Venky’s India Limited announced its results for April-June quarter. Its Profit before tax stood at Rs66.09 crore in Q1FY23 against Rs74.79 crore in Q1FY22, down by 11.63% on a y-o-y basis. Company’s Revenue for Q1FY23 stood at Rs1,229.35 crore, reflecting a sequential decline of 2.68% QoQ. Owing to this, the company’s shares plunge in Friday’s trading session.

More great flips

JB Pharma aims 12-14% revenue growth over next 2 years: CEO

JB Pharma aims 12-14% revenue growth over next 2 years: CEO

JB Pharma, majority-owned by investment firm KKR & Co., aims to grow its revenue by 12-14% in the next couple of years with a thrust on domestic and contract development and manufacturing organization (CDMO) businesses, its chief executive Nikhil Chopra said. The company is also foraying into new geographies like Europe and Brazil through tie-ups and product launches.

Open Flip
TITAGARH Consolidated March 2024 Net Sales at Rs 1,052.41 crore

TITAGARH Consolidated March 2024 Net Sales at Rs 1,052.41 crore

Reported Consolidated quarterly numbers for TITAGARH RAIL SYSTEMS are: Net Sales at Rs 1,052.41 crore in March 2024 up 8.03% from Rs. 974.22 crore in March 2023. Quarterly Net Profit at Rs. 78.95 crore in March 2024 up 63.67% from Rs. 48.24 crore in March 2023. EBITDA stands at Rs. 134.75 crore in March 2024 up 31.48% from Rs. 102.49 crore in March 2023.

Open Flip
Hindustan Aeronautics Consolidated March 2024 Net Sales at Rs 14,768.75 cr

Hindustan Aeronautics Consolidated March 2024 Net Sales at Rs 14,768.75 cr

Reported Consolidated quarterly numbers for Hindustan Aeronautics are: Net Sales at Rs 14,768.75 crore in March 2024 up 18.2% from Rs. 12,494.67 crore in March 2023.Quarterly Net Profit at Rs. 4,308.71 crore in March 2024 up 52.19% from Rs. 2,831.18 crore in March 2023. EBITDA stands at Rs. 6,458.57 crore in March 2024 up 62.77% from Rs. 3,968.02 crore in March 2023.

Open Flip

Join our Smart Investment Community

More than 1 Million users are using FlipItMoney to stay updated about the business and finance world! Join FlipItMoney now and take smart investment decisions!
Icon