Sky Mavis, the developer behind Web3 game Axie Infinity and the Ronin blockchain, announced it is laying off 21% of its workforce as part of a strategic realignment. Sky Mavis co-founder and CEO Trung Nguyen announced the layoffs in an X post, describing the decision as a “shift in priorities” rather than a reflection of employee performance or the company’s financial stability.
Open FlipReported Consolidated quarterly numbers for Prag Bosimi Synthetcis are: Net Sales at Rs 0.32 crore in September 2024 up 449.44% from Rs. 0.06 crore in September 2023. Quarterly Net Loss at Rs. 2.63 crore in September 2024 up 0.26% from Rs. 2.64 crore in September 2023. EBITDA stands negative at Rs. 0.37 crore in September 2024 up 15.91% from Rs. 0.44 crore in September 2023.
Open FlipReported Consolidated quarterly numbers for TCPL Packaging are: Net Sales at Rs 455.47 crore in September 2024 up 14.23% from Rs. 398.74 crore in September 2023. Quarterly Net Profit at Rs. 35.54 crore in September 2024 up 21.17% from Rs. 29.33 crore in September 2023. EBITDA stands at Rs. 77.55 crore in September 2024 up 14.18% from Rs. 67.92 crore in September 2023.
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