Thursday, May 16News That Matters

Tag: business

Manaksia Coated Metals & Industries Limited announced FY24 results, Standalone Net Profit Up 133 per cent

Manaksia Coated Metals & Industries Limited announced FY24 results, Standalone Net Profit Up 133 per cent

Business
Mumbai (Maharashtra) [India], May 16: Manaksia Coated Metals & Industries Limited is one of the leading coated metal products manufacturer and exporter has reported its Audited financials for Q4 FY24 and FY24. Key Financial Highlights (Standalone) Standalone Key Financial Highlights FY24 -Total Income of ₹ 745.80 Cr, YoY growth of 13.54% -EBITDA of ₹ 56.91 Cr, YoY growth of 49.41% -EBITDA Margin of 7.63%, YoY growth of 183 Bps -Net Profit of ₹ 11.73 Cr, YoY growth of 133.08% -Net Profit Margin of 1.57%, YoY growth of 80 Bps -EPS of ₹ 1.73, YoY growth of 124.68% Standalone Key Financial Highlights Q4 FY24 -Total Income of ₹ 184.39 Cr, YoY growth of -1.79% -EBITDA of ₹ 17.25 Cr, YoY growth of 71.27% -EBITDA Margin of 9.36%, YoY growth of 399 Bps -Net Profit of ₹ 5.34 Cr, YoY growth of 7...
Unveiling ‘Vote e Ebar Dekhe Nebo’: ABP Digital’s Strategic Campaign for West Bengal Elections

Unveiling ‘Vote e Ebar Dekhe Nebo’: ABP Digital’s Strategic Campaign for West Bengal Elections

Business
Kolkata (West Bengal) [India], May 16: In the dynamic landscape of Indian politics, every election season brings forth a flurry of campaigns, promises, and strategies aimed at capturing the hearts and minds of voters. In the vibrant state of West Bengal, where political fervor runs deep, ABP Digital has unfurled its latest election campaign with a slogan that encapsulates both innovation and determination: ‘Vote e Ebar Dekhe Nebo’. Embedded within this narrative is the seamless integration of Anandabazar.com’s election campaign, ‘Dillibarir Lorai‘, which resonates with the spirit of ‘Vote e Ebar Dekhe Nebo’. The slogan itself, ‘Vote e Ebar Dekhe Nebo’ serves as a call to action. In Bengali, ‘dekhe nebo’ embodies a dual meaning. It connotes ‘to check out’ and also the colloquialism ‘to fig...
Hot MSME Growth: Top Undervalued Pick in NBFCs

Hot MSME Growth: Top Undervalued Pick in NBFCs

Business
New Delhi (India), May 16: UGRO Capital, a standout player in India’s financial landscape, presents a compelling investment opportunity with its unique focus on empowering small and medium-sized enterprises (SMEs). The company’s innovative approach, robust financial performance, and strategic initiatives position it as an undervalued gem in the non-banking financial company (NBFC) sector. UGRO Capital’s strength lies in its deep understanding of the SME ecosystem, enabling it to identify promising businesses with growth potential. With a credit gap of around INR 92 lakh crores in this segment, UGRO addresses a crucial need by providing access to capital, thereby fostering entrepreneurship, job creation, and innovation across various sectors. One of UGRO’s key differentiators is its use of...
Eco Recycling’s Standalone FY24 Profit Rises By 163 Percent

Eco Recycling’s Standalone FY24 Profit Rises By 163 Percent

Business
Mumbai (Maharashtra) [India], May 16: Eco Recycling Limited (BSE: ECORECO), India’s first and one of the leading professional E-waste Management Company today announced its Audited financial results for the Quarter ended 31st March 2024 (Q4 FY24) and FY24. Consolidated Key Financial Highlights Q4 FY24 •  Total Income of ₹ 7.66 Cr, YoY growth of 60.59 % •  EBITDA of ₹ 3.29 Cr, Loss To Profit •  EBITDA Margin of 42.95 %, Loss To Profit •  PAT of ₹ 1.65 Cr, Loss To Profit •  PAT Margin of 21.54 %, Loss To Profit •  EPS of ₹ 0.86, Loss To Profit Consolidated Key Financial Highlights FY24 •  Total Income of ₹ 35.27 Cr, YoY growth of 63.82 % •  EBITDA of ₹ 23.70 Cr, YoY growth of 208.19 % •  EBITDA Margin of 67.20 %, YoY growth of 3,148 Bps •  PAT of ₹ 18.22 Cr, YoY growth of 194.35 % •  PAT Ma...
Ctex exchange is scheduled to list PXAI coin and will open spot trading for the PXAI/CTEX trading pair on June 8, 2024

Ctex exchange is scheduled to list PXAI coin and will open spot trading for the PXAI/CTEX trading pair on June 8, 2024

Business
Dear ctex users, Ctex exchange is scheduled to list PXAI coin and will open spot trading for the PXAI/CTEX trading pair on June 8, 2024 Learn more about PXAI coin – The worlds 1st trusted al backed crypto currency At pixelAi global, we believe in the transformative power of artificial intelligence (Al) and blockchain technology to revolution the way we interact with digital asset.  www.Pixelglobalai.com We appreciate your continued support  If you have any objection to this press release content, kindly contact pr.error.rectification@gmail.com to notify us. We will respond and rectify the situation in the next 24 hours.
NCE Hosts 7th Business Meet at Delhi, Uniting Entrepreneurs out of Navodaya Alumni Groups

NCE Hosts 7th Business Meet at Delhi, Uniting Entrepreneurs out of Navodaya Alumni Groups

Business
New Delhi (India), May 15:  NCE, a non-profit organization founded by alumni of Navodaya Vidyalaya, proudly organised its 7th business meet at Radisson Blu Delhi. With a mission to bring all Navodaya alumni entrepreneurs together, NCE aims to foster a robust business network and cultivate the spirit of entrepreneurship among young students and building entrepreneurs. Navodaya Vidyalaya boasts 661 Schools in 638 districts of India, producing an average of 5500 Students annually. Established over five decades ago, Navodaya stands as the largest alumni group globally, making NCE’s endeavor even more significant. The core philosophy of NCE revolves around business for everyone, with Quality Assurance, Trust Alliance, and Timely delivery of superior products & Services. The organization be...
Growington Ventures India Ltd aims for a strong growth going forward

Growington Ventures India Ltd aims for a strong growth going forward

Business
Mumbai (Maharashtra) [India], May 15: Mumbai based BSE listed company Growington Ventures India Limited (BSE – 539222) promoted by CA Vikram Bajaj aims for a strong growth momentum in the time to come. Company has posted excellent results for the Q3 & Nine months of FY24 ended December 2023 is expected to continue the growth momentum going forward. Highlights:-• In November 2023, Company was migrated to main board of BSE Ltd from SME Platform of BSE.• Company has sub-divided equity share with Rs. 10 face value in to 10 shares of Rs. 1 face value• Company has recently incorporated a wholly owned subsidiary – Elementures Foodstuff Trading L.L.C, Dubai, U.A.E.• Company is engaged in the business of supply chain from import of Fresh Fruits and distribution to corporate in hospitality and ...
Beat the Summer Heat with WPC Pergola Shades

Beat the Summer Heat with WPC Pergola Shades

Business
Chennai (Tamil Nadu) [India], May 14: Summer is upon us, and it is time to think of ways and means to protect ourselves from the sun while still enjoying outdoor life. Installing a gazebo on the terrace or a pergola in the garden will provide shade and add class and style to your outdoor space. WPC Pergolas Pergolas help minimize the amount of sunlight and heat entering your patio, terrace, or backyard. WPC, or wood–plastic composite, is an ideal material for the construction of pergolas because it is weather-resistant, lightweight, and strong, and requires minimal maintenance compared to natural wood. WPC pergolas are cost-effective and last several years. They bring a modern touch to the natural beauty of wood, adding elegance and sophistication to your outdoor space. WPC Pergola Design...
Vision Sync Launches Specialized Leadership Accelerate Cohorts for Women in the Workplace through an automated LMS (Learning Module System) on 3rd May

Vision Sync Launches Specialized Leadership Accelerate Cohorts for Women in the Workplace through an automated LMS (Learning Module System) on 3rd May

Business
New Delhi (India), May 15: Vision Sync, a cutting-edge leadership development platform, has launched specialized Leadership Accelerate Cohorts designed specifically for women in the workplace. These specialized programs equip female professionals in India with the skills and competencies necessary to thrive in their careers and overcome obstacles like implicit bias, the glass ceiling, and limited equitable advancement opportunities.” The Leadership Accelerate Cohort offers a comprehensive Learning Management System (LMS) that covers each competency in-depth. Participants can access the LMS module by module or in its entirety, and also as part of the cohort program – https://www.visionsync.in/our-programs The cohorts adopt the 70:20:10 model of learning, which includes: – 10% on-the-job tr...
Supreme Power Equipment Limited Secures Rs 11.32 Cr

Supreme Power Equipment Limited Secures Rs 11.32 Cr

Business
Mumbai (Maharashtra) [India], May 15: Supreme Power Equipment Limited (SPEL), (NSE Code: SUPREMEPWR), one of the leading manufacturers of power and distribution transformers, announced that it has been awarded a contract worth ₹11.32 Cr by a solar project company. Under the terms of the contract, SPEL will supply 50 MVA transformers to support the solar company’s expanding operations and projects. These transformers will play a crucial role in efficiently distributing power generated by the company’s solar installations. The order is expected to be executed around September 2024. With SPEL leveraging its state-of-the-art manufacturing facilities and skilled workforce to ensure precision engineering and superior product quality. This contract further solidifies SPEL’s position as a trusted...