On August 5, 2024, Devyani International Limited (DIL) announced its financial results for the quarter ended June 30, 2024. For Q1 2025, DIL reported operating revenues of ₹12.2 billion, reflecting a strong quarter-over-quarter growth of 16.7%. Consolidated EBITDA for the quarter reached ₹2.2 billion, with margins improving to 18.3%, up 1.7% from the previous quarter. …
On August 05, 2024, Mastek announced that the first phase of London Metropolitan University’s People and Finance Digital Transformation programme has gone live. This marks a significant milestone in the university’s efforts to modernise its back-office operations and enhance digital capabilities with Oracle Cloud solutions. In May 2024, the university successfully delivered the first phase …
TIL Limited announced a new partnership with Snorkel Europe Limited in a stock exchange filing. Under this agreement, Snorkel will supply its extensive range of products and offer expertise and support. The company will become the official Sales and Service partner for Northern and Eastern India, the Andaman and Nicobar Islands, Nepal, and Bhutan. At …
Adani Ports and Special Economic Zone Limited (APSEZ) announced robust operational performance for July 2024, marked by a substantial increase in cargo volume. The company handled a total of 37.3 Million Metric Tonnes (MMT) of cargo during the month, representing a year-on-year (YoY) growth of 9.5%. This impressive growth was primarily driven by a surge …
Shares of Cera Sanitaryware Ltd. experienced a slight uptick on Monday, August 5th, gaining just over a percent. This increase came in response to the company’s announcement that its board has approved a buyback of its equity shares. Buyback Details Cera Sanitaryware plans to buy back up to 1.08 lakh equity shares, which constitutes 0.83% …
Orissa Bengal Carrier Limited (OBCL), a player in the transportation and logistics industry, has recently secured a significant contract with Vedanta Limited. This new deal exemplifies OBCL’s continued growth and its capacity to handle large-scale transportation projects. In this blog, we will delve into the details of the contract, OBCL’s comprehensive services, and the company’s …
Amara Raja Energy & Mobility (ARE&M) announced robust financial results for the first quarter ended June 30, 2024. The company reported a 23% year-on-year increase in profit before tax to ₹328.66 crore, translating to an Earnings Per Share (EPS) of ₹13.36. Revenue from operations surged to ₹3,131.19 crore, a 13% growth compared to the same …
Affle (India) Limited, a global technology company, reported robust financial results for the first quarter ended June 30, 2024. Consolidated revenue surged 27.8% year-on-year to ₹519.5 crore, driven by the CPCU business’s stellar performance. EBITDA climbed 34% to ₹104.7 crore, with margins expanding to 20.1%. Profit after tax (PAT) increased by 30.8% to ₹86.6 crore, …
Texmaco Rail & Engineering Ltd, a Kolkata-based engineering company, announced on Saturday that it has secured significant orders worth ₹243 crore from the Mumbai Railway Vikas Corporation (MRVC). These orders are for power supply projects along two key railway routes in Maharashtra. Specifically, the projects involve upgrading the power infrastructure for the 3rd and 4th …
Kuantum Papers Limited has reported its financial results for the quarter ending June 2024. The company achieved an impressive ₹2,807 million in income from operations, ₹382 million in net profit, and ₹716 million in EBITDA. Despite facing pricing pressures in the market, Kuantum Papers maintained a healthy EBITDA margin of 25.51%, demonstrating its operational resilience. …
