
Company was listed on the NSE-SME exchange on 16th September 2024 and reported its first half-year results after listing.
Highlights:
Setting up 5,000 KWP solar power plant at Jasdan, Rajkot investing Rs. 15.35 crore to meet energy needs
CRISIL recently assigned BBB/Stable for Long Term Rating and CRISIL A3+ for Short Term
For FY24, company reported Revenue of Rs. 587.80 crore, EBITDA of Rs. 18.81 crore and PAT of Rs. 7.69 crore
In the six months of FY 2024-25, company continued its trajectory of robust growth, reporting significant improvement across key financial metrics. Company reported Revenue of Rs. 312.39 crore, EBITDA of Rs. 10.50 crore and reported net profit of Rs. 5.20 crore for the H1FY25. For the full year ended March 2024, company had reported revenue of Rs. 587.80 crore, EBITDA of Rs. 18.81 crore and Net Profit of Rs. 7.69 crore respectively.
This story is from the November 19, 2024 edition of The Business Guardian.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the November 19, 2024 edition of The Business Guardian.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
IT and auto stocks fall on US tariff decisions
The Indian stock market ended in the red on Monday as investor sentiment remained cautious ahead of the implementation of new tariffs imposed by former US President Donald Trump, set to take effect from Tuesday.

RBI Will Have to Cut CRR to Ease Banking Liquidity: SBI Report
The Reserve Bank of India (RBI) will have to cut the Cash Reserve Ratio (CRR) to ease the prevailing liquidity pressure in the banking sector, according to a report by State Bank of India (SBI) research.

DKS' 'nut and bolt' comments on Karnataka actors spark uproar, says not God, will rectify
Following the uproar over his \"nuts and bolts\" comment on Karnataka actors, Karnataka Deputy Chief Minister DK Shivakumar stated on Tuesday that he is \"not a God\" and will rectify his comments, in case he has done anything wrong.
Woman gangraped in Pune, two held
A Pune court has remanded two accused to police custody until March 7 for allegedly raping and robbing a 19-year-old woman, police said.
SC quashes rape case: 'Unbelievable that educated woman endured 16 yrs of exploitation'
The Supreme Court in the case Rajnish Singh @ Soni State Of U.P. And Another observed and has quashed a criminal complaint proceeding initiated against a man who was accused of sexually assaulting a woman, with whom he had a 16-year-old consensual sexual relationship, on a false pretext of marriage.

India's MF investors to hit 26 crore by 2047: PwC
The number of unique mutual fund investors in India is expected to grow by over 5 times from 4.5 crore to 26 crore by 2047 as the country moves towards its Viksit Bharat goal, according to a report by PwC.

Rajnath Singh Inaugurates DRDO-MHA Conference On Security And Disaster Relief Tech
Defence Minister Rajnath Singh on Tuesday inaugurated the Ministry of Home Affairs (MHA) - Defence Research and Development Organisation (DRDO) Collaboration Conference-Cum-Exhibition on 'Advanced Technologies for Internal Security and Disaster Relief Operations' at DRDO Bhawan in New Delhi.
BJP Spreading Lie Over SC/ST Funds Misuse by Karnataka
Karnataka Minister Priyank Kharge accused the Bharatiya Janata Party of spreading false information that the funds of Scheduled Castes and Scheduled Tribes are being misused and diverted to other projects.

THE SPECTER OF SATI
In 1987, an 18-year-old woman in Rajasthan was burned alive on her husband's pyre as thousands watched in reverence.
IMF Cautions of Systemic Risks in NBFC Sector
The International Monetary Fund (IMF) has raised concerns about potential financial instability in India due to the concentrated exposure of Non-Banking Financial Companies (NBFCs) to the power and infrastructure sector.