Tue, Nov 26, 2024 3:05 PM
Ram Informatics Standalone September 2024 Net Sales at Rs 4.00 crore
A Flip by Shubhangi Gupta
Indraprastha Gas (IGL) has increased the price of Compressed Natural Gas (CNG) by ₹1.50-4 per kilogramme in various areas, except Delhi, which accounts for approximately 70% of the company’s total volumes. This modification has affected various regions, as listed below: Kanpur, Hamirpur, and Fatehpur have a ₹4 per kg rise.
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Reported Standalone quarterly numbers for Mini Diamonds (India) are: Net Sales at Rs 103.99 crore in September 2024 up 61.8% from Rs. 64.27 crore in September 2023. Quarterly Net Profit at Rs. 2.05 crore in September 2024 up 461.95% from Rs. 0.57 crore in September 2023. EBITDA stands at Rs. 2.18 crore in September 2024 up 563.83% from Rs. 0.47 crore in September 2023.
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Symphony's Q2FY25 results showed a 14.5% YoY revenue growth to Rs. 315cr, driven by strong domestic sales, with EBITDA surging 56.1% YoY to Rs. 64cr. The company's strong brand value and diverse product portfolio contributed to its growth, leading to an upgrade in rating to ACCUMULATE with a target price of Rs. 1,519.
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