Solar Industries India: December ’22 Results Update
Moneylife Digital Team 28 January 2023
Solar Industries India (Solar), once again, revised its guidance upwards on the back of strong growth prospects and healthy numbers in Q3FY22-23. In the December quarter, sales rose by 78% y-o-y (year-on-year) to Rs1,812 crore, led by higher realisations and growth in export markets and non-CIL (Coal India Ltd) institutions. Explosives volume grew by 17% y-o-y to 122,030 tonnes, whereas price...
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Tips Industries Ltd: December ’22 Results Update
Moneylife Digital Team 28 January 2023
Tips Industries Ltd (TIL) announced its results for Q3FY22-23 on 23 January 2023. We had discussed TIL’s business and the special situation in detail in...
Ramkrishna Forgings: December ’22 Results Update
Moneylife Digital Team 28 January 2023
Ramkrishna Forgings Ltd (RKFL) reported a strong set of numbers for Q3FY22-23 on account of steady growth in the commercial vehicles (CV) segment, led by high utilisation resulting from increased economic and infrastructure...
Newgen: December ’22 Results Update
Moneylife Digital Team 28 January 2023
Newgen reported gross quarterly revenue of Rs255 crore, up 12.83% quarter-on-quarter (q-o-q) and 25.61% year-on-year (y-o-y). Operating profit was Rs59 crore—up 55.26% q-o-q and 1.72% y-o-y—and net profit was Rs48 crore—up 60% q-o-q...
Shoppers Stop: December ’22 Results Update
Moneylife Digital Team 27 January 2023
Shoppers Stop (SS) came up with strong Q3FY22-23 results. Higher sales were driven by strong private label sales and volume increase. Shoppers Stop is one of the leading department stores operators, mainly in the fashion and beauty...
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