VST Tillers Tractors: March ’22 Results Update
Moneylife Digital Team 19 May 2022
VST Tillers Tractors (VST) came out with good numbers for March 2022 as its sales grew by 12% to Rs218 crore on a y-o-y (year-on-year) basis and operating profit declined slightly to 14% from 15% sequentially due to higher raw materials prices. Net profit margin (NPM) was flat at 10%. In the short term, tiller and tractor sales are expected to rise on account of normal monsoon; but if it...
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Polycab India: March ’22 Results Update
Moneylife Digital Team 19 May 2022
Polycab reported a gross quarterly revenue of Rs3,970 crore, up 17.73% quarter-on-quarter (q-o-q) and 35% year-on-year (y-o-y). Operating profit was Rs476 crore up 31.49% q-o-q and 17.82% y-o-y and net profit was Rs322 crore up...
Tube Investments: March ’22 Results Update
Moneylife Digital Team 18 May 2022
Tube Investments of India Limited (TII), covered in detail here, came out with their quarterly numbers last week. TII operates three main verticals, viz., engineering, metal formed products and mobility, which are used in major...
IPO Review: Paradeep Phosphates Ltd
Moneylife Digital Team 17 May 2022
Paradeep Phosphates Ltd (PPL) makes a variety of complex fertilisers, such as diammonium phosphate (DAP); three grades of nitrogen-phosphorus-potassium (NPK) fertilisers: NPK-10, NPK-12 and NP-20; zypmite, phospho-gypsum and...
IPO Review: Ethos Ltd
Moneylife Digital Team 17 May 2022
Incorporated in 2007, Ethos Ltd (Ethos) is India’s largest luxury and premium watch retailer; it had a 13% share of the total retail sales in premium and luxury segment and 20% share in exclusively luxury segment in FY19-20. Ethos...
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