The Great Eastern Shipping Company Limited (G E Shipping) revealed on October 31, 2024, its decision to sell the 2005-built Medium Range product tanker, Jag Padma, boasting a capacity of approximately 47,999 deadweight tonnes (dwt). The sale has been contracted with an unaffiliated third party, with the handover scheduled by Q3 of FY25. This move […]
Allcargo Terminals Limited has posted a stable growth trajectory in its financial performance for the quarter ending September 30, 2024, with a notable 5% year-on-year revenue increase, reaching INR 195 crore. The company’s consolidated earnings before interest, taxes, depreciation, and amortization (EBITDA) for the quarter climbed to INR 32 crore, marking an 8% sequential growth, […]
Aditya Birla Sun Life Asset Management Company (ABSLAMC) has announced a robust 42% year-on-year increase in its profit before tax, reaching ₹3.4 billion for the second quarter of fiscal year 2025. This surge is attributed to impressive growth across multiple asset categories, particularly in equity mutual funds, which saw a significant rise in assets under […]
Indegene Limited, a digital-first life sciences commercialization company, has reported an impressive financial performance for the quarter ending September 30, 2024. According to their latest announcement, the company saw an 8.0% year-over-year growth in revenue, reaching INR 6,868 million for Q2 FY25. This growth is attributed to significant traction with both large and mid-size pharmaceutical […]
Meghmani Organics Limited (MOL) reported impressive financial results for Q2 FY25, showing a revenue surge and significant growth in EBITDA compared to the previous year. Revenue from operations reached ₹532.6 crore, marking a 42% year-over-year (YoY) increase and a substantial 30% rise from the previous quarter. The company’s EBITDA skyrocketed to ₹41.2 crore, reflecting a […]
Voltamp Transformers Limited reported impressive financial growth in the second quarter of the 2024-25 fiscal year, with net profit before tax rising 24% year-over-year, reaching ₹103.52 crore. The transformer manufacturing giant attributed this growth to solid operational performance and increased market momentum, particularly in the green energy sector, which continues to buoy demand for transformers […]
Chatha Foods Limited has launched a pioneering rice bowl concept tailored to meet the demands of quick-service restaurants (QSRs), presenting an efficient and convenient way to enhance menus while ensuring consistency in quality. Set to debut in November 2024, the rice bowl line promises a fast, standardized, and space-saving option that reduces the need for […]
Siyaram Silk Mills Limited, one of India’s leading fabric and apparel producers, announced impressive results for the second quarter of FY25, reflecting a 5% year-over-year revenue growth driven by steady consumer demand in the domestic market. The company recorded total income of ₹629 crores for Q2, surpassing ₹597 crores in the same quarter last year, […]
Godawari Power & Ispat Limited, a leading name in India’s integrated steel sector, has reported a dip in its Q2 FY25 financial results, attributing the decline to lower production volumes and increased maintenance costs. The company’s consolidated revenue from operations fell to ₹1,268 crore in Q2 FY25 from ₹1,342 crore in the previous quarter, reflecting […]
Suryoday Small Finance Bank Limited has announced its unaudited financial results for Q2 and H1 FY25, showcasing significant growth in several key areas, although not without some challenges. The bank reported a substantial increase in its gross advances portfolio, which rose by 35.2% year-on-year (YoY) to ₹9,360 crore in Q2 FY25. Disbursements also grew, albeit […]