Tata Motors (TML), India’s leading automobile manufacturer, announces its partnership with Standard Chartered Bank, India, offering Supply Chain Finance Solutions for TML’s Passenger Electric Vehicle dealers. In the image, senior officials from both companies at…
To spread awareness of Home Security, Godrej Security Solutions has conceptualized a life-sized locker on wheels’ with a smart home integrated in it. It has started touring in Mumbai and aims to cover 100 cities…
The film, released on digital platforms, encapsulates this heart-warming sentiment: kisi ki zindagi roshan karne se hi toh banti hai, Happy Diwali. Mumbai, 6th November 2023 (GNI): Luminous Power Technologies, India’s leading energy solutions company,…
§ Asia Production 250cc class (AP250 class) Race 1: Kavin Quintal showed his racing prowess and finished Race 1 at 14th position securing 2 points, whereas Mohsin Paramban completed the race at 17th position § Asia Production 250cc class (AP250…
Mumbai, 06th November 2023 (GNI): Following an appeal from People for the Ethical Treatment of Animals (PETA) India, Paytm Insider – a ticketing platform owned by Paytm – removed advertisements featuring circuses which use animals…
Mumbai, 03rd November 2023 (GNI): Ms Tina Ambani, Chairperson, Kokilaben Ambani Hospital honours Shri Nitin Gadkari, Minister of Road Transport & Highways, Government of India for his support and endeavour towards thalassemia treatment for children…
Ankur Sachdeva, Chief Revenue Officer, ABD Mumbai, 03rd November 2023 (GNI): Allied Blenders and Distillers limited (ABD), is shifting gears to a higher value portfolio towards a future marked by premiumisation. In pursuit of this…
Chennai: November 2nd, 2023 (GNI): Aptus Value Housing Finance India Limited, a leading Housing Finance Company has declared its financial results for the second quarter and half year ended September 30, 2023. Key Performance Metrics…
Mumbai, November 3, 2023 (GNI) : Godrej Agrovet Limited (“GAVL”) has today announced its financial results for the second quarter and half-year ended September 30, 2023 HIGHLIGHTS OF FINANCIAL PERFORMANCE (Q2 and H1 FY24) Q2 FY24 Financial Summary · The Company reported consolidated revenues from operations of Rs. 2,570.9 crore in Q2 FY24 as compared to Rs. 2,445.3 crore in Q2 FY23, a growth of 5% year-on-year · Q2 FY24 consolidated EBITDA* increased to Rs. 214.6 crore from Rs. 159.1 crore in Q2 FY23, a growth of 35% year-on-year · Q2 FY24 Profit before tax* increased to Rs. 133.8 crore from Rs. 87.3 crore in Q2 FY23, a growth of 53% year-on-year H1 FY24 Financial Summary · The Company reported consolidated revenues from operations of Rs. 5,081.1 crore in H1 FY24 as compared to Rs. 4,955.2 crore in H1 FY23, a growth of 3% year-on-year · H1 FY24 consolidated EBITDA** increased to Rs. 421.4 crore from Rs. 328.4 crore in H1 FY23, a growth of 28% year-on-year · H1 FY24 Profit before tax** increased to Rs. 258.3 crore from Rs. 190.1 crore in H1 FY23, a growth of 36% year-on-year * EBITDA and Profit before Tax in Q2 FY24 excludes non-recurring item of Rs. 2.0 Crore towards provision of differential VAT, ** EBITDA and Profit before Tax in H1 FY24 excludes non-recurring item of Rs. 4.3 Crore towards provision of differential VAT dues and dues in respect of industrial plots, Profit before tax excludes share of profit from associates MANAGING DIRECTOR’S COMMENTS Commenting on the performance, Mr. B….
Key Financial Results(Q2 and H1 FY 23-24): Disbursements for the quarterwas ₹ 21,542 Cr (Up by 47%) and for the half year ₹ 41,557 Cr (Up by 49% YoY) Total AUM at ₹ 1,33,775 Cr (Up by 46% YoY) Net Income for the quarter was ₹ 2,367 Cr (Up 39% YoY) and forthe half year ₹ 4,493 Cr (Up 35% YoY) PAT for the quarter was ₹ 762 Cr (Up by 35%) and for the half year ₹ 1,489 Cr (Up by 32% YoY) Chennai, November2nd, 2023 (GNI): The Board of Directors of CIFCL today approved the unaudited financial results for…