Waaree Renewable Technologies has secured a Rs 990.6 crore order to work on a 980 MWp solar project from a top renewable energy firm in India. The company received a letter of award for EPC work, adding to its current unexecuted order book of 2.141 GW. The project must be completed within 12 months as per the LOA.
Open FlipEdible oil prices are under pressure due to weak China demand and favorable weather in Argentina and Brazil, Soyabean & Sunflower oil trade at discount for 1st time in an year. Catch Manisha Gupta in conversation with Dr. B.V. Mehta, the Executive Director of The Solvent Extractors' Association of India.
Open FlipIn December 2023, EID Parry (India) reported a decrease in net sales of 21.65% and a decrease in net profit of 52.88% compared to the same period in 2022. Its EBITDA also decreased by 45.83%, resulting in a decline in EPS from Rs. 14.14 to Rs. 6.66. The company's shares closed at 598.80 on February 19, 2024,
Open FlipJamna Auto Industries reported a 2.2% increase in net sales and a 33.62% increase in net profit for the December quarter of 2023 compared to the same period in 2022. The company's EBITDA also increased by 31.16%. EPS rose from Rs. 1.03 to Rs. 1.38. On February 19, 2024, Jamna Auto shares closed at Rs. 114.95 (BSE),
Open FlipReported Consolidated quarterly numbers for Rico Auto are: Net Sales at Rs 523.52 crore in December 2023 down 4.55% from Rs. 548.46 crore in December 2022. Quarterly Net Profit at Rs. 10.04 crore in December 2023 up 1.11% from Rs. 9.93 crore in December 2022. EBITDA stands at Rs. 62.86 crore in December 2023 up 9.55% from Rs. 57.38 crore in December 2022.
Open FlipUNO Minda has reported strong quarterly numbers in December 2023, with a 20.83% increase in net sales and a 19.43% increase in net profit compared to the same period in 2022. The company's EPS has also increased, resulting in a boost in share prices. However, expenditure and taxes have increased as well. Promoters and promoter groups hold unencumbered shares in the company.
Open FlipTalbros Automotive Components reported a 25.36% increase in net sales of Rs. 198.74 crore in December 2023, compared to the same period in 2022. The quarterly net profit also showed significant growth of 65.58%, with EBITDA increasing by 39.55%. However, EPS decreased from Rs. 11.13 in December 2022 to Rs. 3.69 in December 2023.
Open FlipIn the December 2023 quarter, Gujarat Fluorochemicals Limited reported a decrease in net sales by 30.06% and net profit by 75.69%, as well as a decrease in EPS from Rs. 30.09 to Rs. 7.29 compared to the same period in 2022. The company's EBITDA also saw a decline of 59.72% and the stock price closed at Rs. 3,484.75 on NSE
Open FlipNagarjuna Fertilisers & Chemicals reported quarterly results with declining net sales at Rs. 1,207.90 crore and a net loss of Rs. 150.12 crore in December 2023. Its EBITDA also decreased to negative Rs. 31.82 crore. The company's stock closed at Rs. 13.15 on February 19, 2024 (NSE), showing a positive return of 43.72% over the last 6 months.
Open FlipSKM Egg Products Export (India) reported a decline in their consolidated quarterly numbers for December 2023. Net sales decreased by 15.85% to Rs. 152.93 crore from the same period in 2022. Net profit also decreased by 56.92% to Rs. 11.71 crore, while EBITDA decreased by 49.03% to Rs. 20.98 crore. The company's EPS also dropped from Rs. 10.
Open FlipMangalam Seeds reported its quarterly consolidated numbers with a 148.38% increase in net sales at Rs 52.29 crore in Dec 2023 compared to Rs 21.05 crore in Dec 2022. The net profit also increased by 63.28% to Rs 5.23 crore, and EPS saw an increase from Rs 2.85 to Rs 4.76. The company's stock closed at Rs 333.50 on BSE.
Open FlipJagatjit Industries has reported its quarterly numbers for December 2023, showing a 23.41% increase in net sales at Rs. 150.39 crore and a decrease of 84.58% in net profit at Rs. 0.62 crore compared to December 2022. Its EBITDA also fell by 35.31% to Rs. 9.62 crore. The company's EPS dropped from Rs. 0.93.
Open FlipBritannia Industries reported its consolidated quarterly results for December 2023, showing a marginal increase in net sales, while net profit and EBITDA decreased. The company's EPS also saw a decrease compared to the same period in the previous year. Britannia's shares closed at Rs. 4,925.25 on February 19, 2024 and have shown a 9.20% return over the last 6 months and 10.59%.
Open FlipReported Consolidated quarterly numbers for Vadilal Industries are: Net Sales at Rs 174.26 crore in December 2023 up 21.53% from Rs. 143.38 crore in December 2022. Quarterly Net Profit at Rs. 9.24 crore in December 2023 up 199.51% from Rs. 9.29 crore in December 2022. EBITDA stands at Rs. 15.13 crore in December 2023 up 940.56% from Rs. 1.80 crore in December 2022.
Open FlipJaykay Enterprises reported a decline in net sales, net profit, and EBITDA compared to the same quarter last year. The company's EPS has also decreased. However, its shares have shown impressive returns over the last 6 and 12 months. The company's consolidated quarterly results show a decrease in income from operations and an increase in expenses.
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