LT Foods: June ’22 Results Update
Moneylife Digital Team 16 August 2022
LT Foods (LT) declared mixed results in Q1FY22-23 with revenue rising 32.8% year-on-year (y-o-y) to Rs1,611 crore. Operating profit was up by 27.7% to Rs166 crore and net profit went up by 23.28% y-o-y. Its profit margins recovered sequentially but contracted y-o-y. The revenue growth was on account of accelerated brand investments across the three business segments. Its debt:equity ratio...
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SJS Enterprises: June ’22 Results Update
Moneylife Digital Team 16 August 2022
In Q1FY22-23, SJS Enterprises’ (SJS’s) revenue was up by 39% y-o-y (year-on-year) to Rs103 crore. A majority of the sales were contributed by 2W (two-wheeler) as well as 4W (passenger vehicles—PVs). It outperformed the industry...
Tarsons Products: June ’22 Results Update
Moneylife Digital Team 16 August 2022
Tarsons Products (Tarsons) reported flat numbers in the June 2022 quarter. This was on the back of seasonality factor—June being a weak quarter. Additionally, Q1FY21-22 had revenue from COVID-19 products in the wake of the second...
Ramkrishna Forgings Limited: June 22 ’Results Update
Moneylife Digital Team 16 August 2022
Ramkrishna Forgings Ltd (RK Forgings) reported a strong set of numbers for Q1FY22-23 even through the headwinds of the Ukraine war and supply-chain bottlenecks and given that the first quarter of the financial year is,...
Weekly Moneylife Indices & Sector Trends
Moneylife Digital Team 13 August 2022
From 5th August to 12 August 2022, the Sensex, the NIFTY and ML Mega-cap Index rose 2% each. ML Large-cap Index and ML Small-cap Index rose 1% each. ML Mid-cap Index ML Micro-cap Index ended...
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