Sona BLW Precision Forging: June ’22 Results Update
Moneylife Digital Team 10 August 2022
Despite a challenging macro-environment involving geo-political situation in Europe and lock-down in China, Sona BLW Precision Forgings (Sona) managed to clock highest quarterly revenue of Rs589 crore, registering a growth of 18% y-o-y (year-on-year). This is against the backdrop of global light vehicles volumes plummeting by 17% during this period. The slowdown in the ICE (internal combustion...
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Ujjivan Small Finance Bank: Better Days Ahead but Inherent Risks Remain
Moneylife Digital Team 09 August 2022
Ujjivan Small Finance Bank (USFB) is a subsidiary of Ujjivan Financial Services (UFS), a Bengaluru-based microfinance company registered as non-banking financial company-micro finance institution (NBFC-MFI) with the Reserve Bank of...
Century Ply: June ’22 Results Update
Moneylife Digital Team 09 August 2022
Century Ply (Century) reported gross quarterly revenue of Rs881 crore, down 1.56% quarter-on-quarter (q-o-q) but up 96.21% year-on-year (y-o-y). Operating profit was Rs145 crore—down 9.93% q-o-q but up 139.34% y-o-y and net profit...
Deepak Fertilisers & Petrochemicals: June ’22 Results Update
Moneylife Digital Team 08 August 2022
Deepak Fertilisers and Petrochemicals Corporation Ltd (DFPCL) reported out-of-the-park numbers in Q1FY22-23. Top-line registered an exceptional growth of 59% y-o-y (year-on-year) and 51% q-o-q (quarter-on-quarter) to Rs3,031 crore....
PI Industries: June ’22 Results Update
Moneylife Digital Team 08 August 2022
In Q1FY22-23, PI Industries (PI) reported strong revenue growth of 29% y-o-y (year-on-year) to Rs1,543 crore, backed by 42% y-o-y growth in CSM (custom synthesis manufacturing) segment. The rise in CSM business was on the back of...
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