Can you shed some light on your results? During the fiscal year 2023, Ramkrishna Forgings Ltd have experienced positive results and significant growth. Firstly, our revenue for Q4 FY2023 reached Rs 835 crore, representing a year-on-year growth of 22%. For the entire fiscal year FY2023, our revenue amounted to Rs 3,001 crore, demonstrating a year-on-year …
The domestic markets rallied on the first trading session of the week, thanks to positive global cues and good corporate earnings by key stocks. The broader market witnessed strong buying interest after good institutional inflow and positive investor sentiment. Meanwhile, KPI Green Energy (NSE Code – KPIGREEN) has reported stellar Q4 numbers for FY2022-23. In …
Jupiter Wagons Limited (formerly Commercial Engineers & Body Builders Co Limited, CEBBCO), a provider of comprehensive mobility solutions encompassing rail, road, and marine transportation, has announced its financial results for the fourth quarter and full year ending on March 31, 2023. Here are the details: Consolidated quarterly results show a total revenue of Rs 712.71 …
The primary goal of any business is to maximize its profits. However, without a comprehensive understanding of margins and how to assess them, it becomes challenging to determine the current profitability and future earning potential. Margins are influenced by factors such as volume, pricing, and various other elements. Margins play a crucial role in evaluating …
Power Mech Projects has reported results for the fourth quarter (Q4) and the year ended March 31, 2023. On a consolidated basis, the company has reported a 57.88% rise in its net profit at Rs 74.58 crore for the fourth quarter ended March 31, 2023, as compared to Rs 47.24 crore for the same quarter …
During Q1 2023 Total Gold supply was up by 1% from 1165.1 to 1174.4 tonnes. This was driven by strong mine production of 856 tones and higher recycling of 310 tonnes. Whereas Net Producer Hedging was declined by 69% from 25.9 to 8.1 tonnes but still higher than last 2 quarters. While Recycled Gold supply …
Mahindra & Mahindra on a consolidated basis, the company has reported a 34.89% rise in its net profit at Rs 2,762.19 crore for the fourth quarter ended March 31, 2023, as compared to Rs 2.047.75 crore for the same quarter in the previous year. The net sales of the company increased by 24.80% to Rs …
In the exhilarating conclusion of the week’s trading session, Nifty kicked off with a bang, soaring to new heights and closing at an impressive level of 18,499.35. The market witnessed a resounding breakthrough of the continuation pattern, igniting a wave of excitement among traders and investors alike. Amidst this prevailing bullish atmosphere, where various sectors …
All major indices closed higher, with sectors such as metal, FMCG, information technology, real estate, pharma, and PSU Bank each experiencing a one percent rise. Leading the gains on the Nifty index were Reliance Industries, Sun Pharma, Divis Labs, HUL, and Hindalco Industries. On the other hand ONGC, Grasim Industries, Bajaj Auto, Bharti Airtel, and …
Following a strong recovery in the previous trading session, the Nifty experienced robust buying activity, resulting in a closing gain of 178.20 points at the level of 18,499.35. Similarly, the S&P BSE Sensex surged by approximately 208 points and concluded at the level of 62,501.69. The Nifty Midcap 100 and Nifty Smallcap 100 also ended …
