Archean Chemical Industries Ltd has been granted approval by the Securities Exchange Board of India to raise funds via an initial public offering. The IPO consists of a fresh issue for Rs 1,000 crore and a 19.07 million share offer for existing shareholders and promoters to sell. Chemikas Speciality LLP would hold up to 5.30 …
Despite the effects of the Omicron variant and high base effect, India Inc., the country’s formal sector, has delivered a healthy quarterly performance for Q3 FY 22. The combined profits of 3191 companies listed on India’s stock exchanges have increased 26.9% YoY (year-on-year) from the same quarter in FY 21. However, earnings growth in Q3 …
On Saturday, 12 February 2022, Max Healthcare Institute posted a net profit of Rs. 252 crores in Q3 ended on 31 December 2021 ─ marking 87% YoY (year-on-year) growth led by normalisation of surgeries and improved payor mix. This hospital chain generated Rs. 135 crores net profit during Q3 FY 20. Keep scrolling to get …
The Central Government-owned RailTel Corporation of India reported its quarterly results for December 2021 on Wednesday, 16 February 2022. The PSU (Public Sector Undertaking) reported 4% less consolidated net profits of Rs. 66 crores against Rs. 69 crores in Q3 FY 20-21. The company’s gross sales for Q3 FY 2021-22 stood at Rs. 417 crores, …
An array of companies have published their FY 22 Q3 results in the past few days, and Coffee Day Enterprises Ltd. (CDEL) is no exception. This company released its quarter three results for the current financial year on Monday, 14 February 2022. Read through to find out more about it! A Closer Look into This …
On Sunday, 12 February 2022, Ruchi Soya Industries Ltd. posted an increase in its net profit from Rs. 227.44 crores in FY 21 Q3 to Rs. 234.07 crores in FY 22 Q3, marking a surge of 3%. Keep scrolling to get the details! Know About Ruchi Soya’s Income! The total income of Ruchi Soya rose …
The shares of Graphite India rose 2.15% to Rs. 491.65 on 15 February 2022 after a strong return of profits for the December 2021 quarter of FY 2021-22. The company has announced a 76.35% increase in net sales to Rs. 880 crores in Q3 FY 22 over Rs. 499 crores in Q3 FY 21. Its …
Coal India Ltd., a Maharatna public sector undertaking, has generated Rs. 4,556 crores consolidated net profit during FY 22 Q3 ended in December 2021 ─ marking a surge from Rs. 3,084 crores in FY 21 Q3. Isn’t this 48% growth astounding? To know more, keep scrolling! Get an Insight into Coal India’s Revenue! The sales …
Adani Wilmar is a newly listed company on the National Stock Exchange and the Bombay Stock Exchange. This company produces vegetable oils and other consumer edibles. On 14 February 2022, Adani Wilmar released its quarter 3 results ended in December for the current financial year. On that note, let’s take a look at the details …
TVS SCS (Supply Chain Solutions), the logistics arm of the TVS Group, has filed its DRHP (draft red herring prospectus) with the market regulator SEBI. According to various bankers, the company will likely raise around Rs. 2,000 crores from its fresh issuance of equity shares. Some existing shareholders will pare their stakes through an OFS …
