Tue, Oct 29, 2024 9:09 AM
Agri Picks Report October 29, 2024: Geojit Financial Services
A Flip by Shubhangi Gupta
Electrosteel Castings Q2 Results : Electrosteel Castings declared their Q2 results on October 30, 2024, reporting a concerning downturn in both revenue and profit. The company’s topline decreased by 4.77% year-over-year, while profit fell by 11.11% compared to the same quarter last year.In a quarter-over-quarter comparison, Electrosteel Castings witnessed a more significant decline.
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KIOCL Q2 Results : KIOCL declared their Q2 results on 30 Oct, 2024, revealing a staggering decline in revenue and a significant increase in losses. The company reported a topline decrease of 96.26% year-over-year, while losses surged by 223.56%, raising concerns among investors. In comparison to the previous quarter, KIOCL’s revenue fell by 89.05%, and losses increased by 36.46%.
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Praveena Rai has taken over as Chief Executive Officer and Managing Director of the Multi Commodity Exchange (MCX), effective October 31, succeeding P.S. Reddy, with over 20 years of experience in the banking sector, including as CEO of National Payments Corporation of India and roles at HSBC and Kotak Mahindra Bank.
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