iifl-logo

Invest wise with Expert advice

By continuing, I accept the T&C and agree to receive communication on Whatsapp

sidebar image

RattanIndia Enterprises appoints Sarath Chandra Gudlavalleti as CEO of drone biz

26 May 2022 , 08:29 AM

Rattanindia Enterprises on Thursday (26 May 2022) announced the appointment of Sarath Chandra Gudlavalleti as chief executive officer of its drone business in NeoSky India, a wholly-owned subsidiary of the company. Sarath Chandra Gudlavalleti, an alumnus of XLRI, Jamshedpur has over 20 years of experience in technology & retail sector with expertise in setting and scaling up businesses. He is proficient in managing digital transformations and innovative solutions across multiple industries, the company said in a statement. NeoSky India, a wholly-owned subsidiary of RattanIndia Enterprises, is developing 360 degree drone solutions platform with Drones as a Product (DAAP – drone hardware), Drone As a Service (DAAS ? drone service solutions) and Software as a service (SAAS ? drone softwares) focused on consumer as well as industry applications in India. The company intends to be the market leader in Drone sector in the country. RattanIndia Enterprises is engaged in building businesses in new-age sectors including electric motorcycles, drone (UAV), e-commerce and fintech. The board of RattanIndia Enterprises will consider Q4 results on 30 May 2022. On a consolidated basis, the firm reported net loss at Rs 5.52 crore in Q3 FY22 as against net profit of Rs 0.10 crore in Q3 FY21. Net sales stood at Rs 0.67 crore in Q3 December 2021. Shares of RattanIndia Enterprises tumbled 5.04% to settle at Rs 39.60 on Wednesday. Powered by Capital Market – Live News

Related Tags

  • capital market
sidebar mobile

BLOGS AND PERSONAL FINANCE

Read More
Knowledge Center
Logo

Logo IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000

Logo IIFL Capital Services Support WhatsApp Number
+91 9892691696

Download The App Now

appapp
Loading...

Follow us on

facebooktwitterrssyoutubeinstagramlinkedintelegram

2025, IIFL Capital Services Ltd. All Rights Reserved

ATTENTION INVESTORS

RISK DISCLOSURE ON DERIVATIVES

Copyright © IIFL Capital Services Limited (Formerly known as IIFL Securities Ltd). All rights Reserved.

IIFL Capital Services Limited - Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213,IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248
ARN NO : 47791 (AMFI Registered Mutual Fund Distributor)

ISO certification icon
We are ISO 27001:2013 Certified.

This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.