The company reported PBT for the quarter at Rs. 21.7 crore as against Rs. 20.4 crore y-o-y basis, reflecting growth of 6.2%.
PAT for Q3FY22 stood at Rs19.70cr, up 113% yoy; Revenue stood at Rs129.51cr, a growth of 28.2% yoy.
The benchmark indices ended with modest losses on Thursday, dragged by IT, consumer durables and pharma stocks. The Nifty managed to close above 17,100 mark after hitting the days low of 16,866.75 in afternoon trade. As per provisional closing data, the barometer index, the S&P BSE Sensex, dropped 581.21 points or 1% at 57,276.94. The Nifty 50 index skid 167.80 points or 0.97% at 17,110.15. […]
The unit has obtained necessary statutory approvals and accordingly the Commercial Production has commenced with effect from January 26.
The history provides inconclusive insights as it is expected that inflation will eventually have led to Fed rate hikes and its impact on markets ahead would be keenly observed.
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