Vardhman Textiles Ltd: March ’22 Results Update
Moneylife Digital Team 10 June 2022
Vardhman Textiles Ltd (VTL), covered earlier here, came out with its quarterly results. VTL is a textiles manufacturing company with presence across the value chain. After starting as a yarn manufacturer, over the years, it has expanded its product portfolio into fabric and garments. It has formed strategic alliances with leading global textiles players, thus gaining access to the latest...
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Time To Gradually Buy Quality Stocks
R Balakrishnan, 08 June 2022
Someone sent me an interesting forward on TCS (Tata Consultancy Service). Essentially, it said that, in the past five years, the company has used its entire profits for a combination of dividends and share buybacks. As a...
Rolex Rings Ltd: March ’22 Results Update
Moneylife Digital Team 07 June 2022
Rolex Rings Ltd (RRL) declared its Q4FY21-22 results on 23 May 2022. We had discussed its business here. RRL’s net sales jumped 38% year-on-year (y-o-y) and 19% (q-o-q). Its operating profit shot up 51% y-o-y and 27% q-o-q due to an...
Endurance Technologies: March ’22 Results Update
Moneylife Digital Team 06 June 2022
Endurance Technologies (Endurance), an auto-ancillary company based in Aurangabad with a presence in India and Europe, declared muted results for Q4FY21-22. Sales declined by 2.5%, operating profit declined by 22.6% and net profit...
Dharamsi Morarji Chemicals: March ’22 Results Update
Moneylife Digital Team 06 June 2022
Growth in revenue and decline in operating margin has been the trend across chemicals sector in the March quarter. Similarly, Dharamsi Morarji Chemical Company (DMCC) reported a revenue growth of 59% y-o-y (year-on-year), driven by...
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