Wed, Nov 27, 2024 12:21 PM
Surya Roshni Standalone September 2024 Net Sales at Rs 1,528.72 crore
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The Board of Directors of Kody Technolab Limited have announced bonus shares in the ratio 1:1 i.e., 1 bonus share that has a face value of Rs 10 for every 1 equity share that has a face value of Rs 10 each held by shareholders as of record date. The Board fixed the record date for bonus shares as Friday, December 06, 2024. On Wednesday, shares gained 2.60% to Rs 2,975 per share.
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Reported Standalone quarterly numbers for D P Wires are: Net Sales at Rs 145.08 crore in September 2024 down 46.81% from Rs. 272.79 crore in September 2023. Quarterly Net Profit at Rs. 6.02 crore in September 2024 down 33.52% from Rs. 9.06 crore in September 2023. EBITDA stands at Rs. 8.82 crore in September 2024 down 36.09% from Rs. 13.80 crore in September 2023.
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Emkay Global Financial's research report on Gulf Oil Lubricants. We reiterate our positive stance on GOLI, led by steady core volume growth (8% core volume CAGR over FY24-27E, over 2x of industry growth), and a 13- 14% EBITDA margin profile supported by premiumization efforts, brand building, input cost management, and dedicated marketing initiatives.
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