News Overview

The initial public offering (IPO) with a face value of Rs 10 per equity share consists of a fresh issue of equity shares aggregating to Rs 400 crore and an offer for sale (OFS) of up to 1,108,037 equity shares.

Cards in force cross the 13 million-plus milestone. New Accounts cross 1 Mn+ milestone in Q3FY22.

Consumer Durables stocks were trading with losses, with the S&P BSE Consumer Durables index falling 168.61 points or 0.4% at 41913.02 at 13:51 IST.

Healthcare stocks were trading in the negative zone, with the S&P BSE Healthcare index falling 12.52 points or 0.05% at 23811.47 at 13:51 IST.

Information Technology stocks were trading in the negative zone, with the S&P BSE IT Sector index falling 219.73 points or 0.63% at 34518 at 13:51 IST.

The company's Quarterly Net Profit stood at Rs. 9.01 crore in December 2021 up by a whopping 12202.05% YoY from Rs. 0.07 crore in December 2020.

The similar exports to UAE countries shall be repeated in future," said Company.

The company reported a 6.4% YoY decline in its net profit for the quarter ending December 2021 at Rs 680.62 crore against Rs 727.72 crore for the previous corresponding quarter.

Sales rise 9.27% to Rs 98.30 crore

Sales decline 76.47% to Rs 0.04 crore