Key Highlights
Stock Split: To enhance the liquidity of the Company's equity shares, the Board of Directors has approved a stock split. Each fully paid equity share with a face value of Rupees 2 will be subdivided into two equity shares with a face value of Rupee 1 each.
Significant Profit Growth: Consolidated Profit After Tax (PAT) sustained at Rs. 331.9 crore.
Standalone Performance: Standalone profit after tax is at Rs. 146.1 crore for the quarter, bolstered by a US$10 million dividend from Nava Bharat (Singapore) Pte Ltd (NBS).
Enhanced Divisional Profitability: Energy division reported improved profitability, despite major maintenance outages in India and Zambia. Metals division achieved strong realizations through advance order booking and product diversity. External coal sales sustained with stable realisations.
This story is from the November 15, 2024 edition of The Business Guardian.
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This story is from the November 15, 2024 edition of The Business Guardian.
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