Tanla Platforms hit a lower circuit of 20% at Rs 731 after the IT software companys consolidated net profit dropped 3.9% to Rs 100.41 crore on 27.7% increase in net sales to Rs 800.14 in Q1 FY23 over Q1 FY22.
The pandemic-affected economy of India is rebounding, but the informal sector, which has been under severe financial strain and has lost market share to bigger companies, is behind.
This facility will be built on ATL's 50-acre plot of land in the Lucknow node of the UP Defence Industrial Corridor.
Sales rise 59.12% to Rs 49.63 crore
Sales rise 33.36% to Rs 15.19 crore
Sales rise 652.05% to Rs 29.33 crore
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