To ensure uninterrupted supply of maize for ethanol makers, the government has allowed cooperatives Nafed and NCCF to sell maize at a base price of Rs 2,291 per quintal to distilleries this year. Nafed and National Cooperative Consumers' Federation of India (NCCF) will procure maize at a minimum support price of Rs 2,090 per quintal in the 2023-24 crop year and supply to the distilleries.

Reported Consolidated quarterly numbers for Ganesh Benzoplast are: Net Sales at Rs 106.20 crore in December 2023 up 7.3% from Rs. 98.97 crore in December 2022. Quarterly Net Profit at Rs. 16.08 crore in December 2023 up 10.79% from Rs. 14.51 crore in December 2022. EBITDA stands at Rs. 25.64 crore in December 2023 down 1.95% from Rs. 26.15 crore in December 2022.

Reported Consolidated quarterly numbers for Chemplast(OLD) are: Net Sales at Rs 888.10 crore in December 2023 down 25.28% from Rs. 1,188.58 crore in December 2022. Quarterly Net Loss at Rs. 89.38 crore in December 2023 down 429.33% from Rs. 27.14 crore in December 2022. EBITDA stands at Rs. 6.08 crore in December 2023 down 93.58% from Rs. 94.67 crore in December 2022.  

Reported Consolidated quarterly numbers for Transpek Industry are: Net Sales at Rs 148.32 crore in December 2023 down 24.51% from Rs. 196.47 crore in December 2022. Quarterly Net Profit at Rs. 14.08 crore in December 2023 down 43.05% from Rs. 24.72 crore in December 2022. EBITDA stands at Rs. 32.30 crore in December 2023 down 29.81% from Rs. 46.02 crore in December 2022.

The Reserve Bank of India (RBI) on February 22 said it has imposed a monetary penalty of Rs 1.50 lakh on The Adinath Co-Operative Bank for violating rules. The bank has been fined for non-compliance with the directions issued by the RBI on ‘placement of deposits with other banks by primary (urban) co-operative banks (UCBs).

Bharat Dynamics, the state-run defense equipment manufacturing company, has slashed its revenue guidance for the financial year 2023-2024 amid supply chain concerns from Israel. Bharat Dynamics has pared its revenue guidance to ₹2,900 crore - ₹3,000 crore from ₹3,200 crore in FY24 versus, implying a 21% growth versus FY22, according to a report by Elara Capital.

Reported Consolidated quarterly numbers for ICE Make Refrigeration are: Net Sales at Rs 82.43 crore in December 2023 up 23.62% from Rs. 66.68 crore in December 2022. Quarterly Net Profit at Rs. 2.07 crore in December 2023 down 53.37% from Rs. 4.43 crore in December 2022. EBITDA stands at Rs. 4.40 crore in December 2023 down 41.02% from Rs. 7.46 crore in December 2022.

Reported Consolidated quarterly numbers for Anjani Portland Cement are: Net Sales at Rs 166.98 crore in December 2023 up 10.56% from Rs. 151.03 crore in December 2022. Quarterly Net Loss at Rs. 5.93 crore in December 2023 up 57.76% from Rs. 14.04 crore in December 2022. EBITDA stands at Rs. 11.76 crore in December 2023 up 64.94% from Rs. 7.13 crore in December 2022.

Reported Consolidated quarterly numbers for TARC: Net Sales at Rs 9.30 cr in December 2023 down 90.13% from Rs. 94.21 crore in December 2022. Quarterly Net Loss at Rs. 33.49 crore in December 2023 down 2650.05% from Rs. 1.31 crore in December 2022. EBITDA stands at Rs. 8.03 crore in December 2023 down 72.82% from Rs. 29.54 crore in December 2022. TARC shares closed at 161.75 on February 21, 2024.

Reported Consolidated quarterly numbers for ORIENTAL AROMATICS Ltd. are: Net Sales at Rs 197.41 crore in December 2023 down 1.01% from Rs. 199.42 crore in December 2022. Quarterly Net Profit at Rs. 2.61 crore in December 2023 down 31.38% from Rs. 3.80 crore in December 2022. EBITDA stands at Rs. 16.27 crore in December 2023 up 11.13% from Rs. 14.64 crore in December 2022.

Reported Consolidated quarterly numbers for Galaxy Surfactants Ltd. are: Net Sales at Rs 940.49 crore in December 2023 down 12.94% from Rs. 1,080.26 crore in December 2022. Quarterly Net Profit at Rs. 71.37 crore in December 2023 down 32.8% from Rs. 106.21 crore in December 2022. EBITDA stands at Rs. 118.87 crore in December 2023 down 24.67% from Rs. 157.80 crore in December 2022.

Reported Consolidated quarterly numbers for Shankara Building Products are: Net Sales at Rs 1,177.27 crore in December 2023 up 8.96% from Rs. 1,080.44 crore in December 2022. Quarterly Net Profit at Rs. 21.42 crore in December 2023 up 30.85% from Rs. 16.37 crore in December 2022. EBITDA stands at Rs. 40.22 crore in December 2023 up 22.81% from Rs. 32.75 crore in December 2022.

Reported Consolidated quarterly numbers for Dilip Buildcon are: Net Sales at Rs 2,876.84 crore in December 2023 up 23.87% from Rs. 2,322.44 crore in December 2022. Quarterly Net Profit at Rs. 112.87 crore in December 2023 up 1.66% from Rs. 111.03 crore in December 2022. EBITDA stands at Rs. 381.76 crore in December 2023 up 105.62% from Rs. 185.66 crore in December 2022.

Reported Consolidated quarterly numbers for Ratnabhumi Developers are: Net Sales at Rs 0.24 crore in December 2023 up 341.6% from Rs. 0.05 crore in December 2022. Quarterly Net Profit at Rs. 0.02 crore in December 2023 down 85.18% from Rs. 0.15 crore in December 2022. EBITDA stands at Rs. 4.18 crore in December 2023 up 102.91% from Rs. 2.06 crore in December 2022.

In a setback to Basant and Pankaj Bansal of the M3M realty group, the special PMLA court of Panchkula on Tuesday dismissed their applications wherein they had sought return of prosecution complaints (chargesheets) filed by the Directorate of Enforcement (ED) against them in a PMLA case linked to the corruption case involving former CBI judge Sudhir Parmar.