Business

Franklin Industries Ltd’s Rs. 38.83 crore Rights opened from May 24

Franklin Industries Ltd’s Rs. 38.83 crore Rights opened from May 24

Ahmedabad (Gujarat) [India], May 27:  Rs. 38.83 crore Rights issue of Gujarat based Franklin Industries Ltd (BSE – 540190) engaged in the trading of agriculture commodities and providers of contract farming services has opened for subscription on May 24, 2024. The funds raised through the issue will be utilised to fund company’s expansion plans including working capital requirements and general corporate purposes. Right issue of the company are offered at a price of Rs. 3.58 per share as compared to closing share price of Rs. 7.50 per share on 24 May, 2024. Rights Issue will close on 11 June, 2024.…
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BigBloc Construction evaluates SME IPO or Preferential issue for its wholly owned subsidiary StarBigBloc Building Material Ltd

BigBloc Construction evaluates SME IPO or Preferential issue for its wholly owned subsidiary StarBigBloc Building Material Ltd

Surat (Gujarat) [India], May 27:  StarBigBloc Building Material Ltd, a wholly-owned subsidiary of BigBloc Construction Limited, one of India’s largest manufacturers of Aerated Autoclaved Concrete (AAC) Blocks, Bricks, and Panels, is set to raise funds through an SME IPO or preferential issue to support its expansion plans. Highlights In the next 4-5 years, company plans to increase its production capacity from current 2.5 lakh cubic meter per annum to over 12 lakh cubic meter per annum Company plans to setup two manufacturing units, each with a capacity of 5 lakh cubic meter per annum in North India and South India…
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Emerald Finance Reports 20 Percent Surge in FY24 PAT

Emerald Finance Reports 20 Percent Surge in FY24 PAT

Mumbai (Maharashtra) [India], May 27: Emerald Finance Limited (BSE: EMERALD), is a dynamic company offer a spectrum of banking products and financial services, announced its Audited Financial Results for Q4 FY24. Key Financial Highlights Key Consolidated Financial Highlights FY24 • Total Income of ₹ 13.36 Cr, YoY growth of 15.64 % • PBT of ₹ 5.85 Cr, YoY growth of 20.06 % • PAT of ₹ 4.14 Cr, YoY growth of 19.84 % • PAT Margin of 30.97 %, YoY growth of 109 Bps  • EPS of ₹ 1.37, YoY growth of 19.91 % Key Standalone Financial Highlights FY24 • Total Income of ₹ 7.42 Cr, YoY growth of 37.31 % • PBT of ₹ 4.06 Cr, YoY growth of 45.20 % • PAT of ₹ 3.01 Cr, YoY growth of…
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Shri Keshav Cement and Infra Q4 FY24 PAT Up By 214 Percent

Shri Keshav Cement and Infra Q4 FY24 PAT Up By 214 Percent

Mumbai (Maharashtra) [India], May 27:  Shri Keshav Cement & Infra Limited (BSE – 530977), engaged in the manufacturing of Cement and Solar Power Generation and Distribution in the state of Karnataka has announced its Audited Financial Results for the Q4 FY24 & FY24. Key Financial Highlights Q4 FY24 •Total Income of ₹ 36.85 Cr, YoY growth of 13.67% •EBITDA of ₹ 11.55 Cr, YoY growth of 33.83% •EBITDA Margin of 32.05%, YoY growth of 502 Bps •PAT of ₹ 2.41 Cr, YoY change loss to profit •PAT Margin of 6.53%, YoY change loss to profit  •EPS of ₹ 1.42, YoY change loss to profit Key Financial Highlights FY24…
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IB Group Emerges as Top 5 Poultry Company in Asia

IB Group Emerges as Top 5 Poultry Company in Asia

New Delhi (India), May 25: In a resounding testament to its remarkable growth trajectory, IB Group, in collaboration with Aviagen®, proudly announces a significant milestone: the acquisition of 100,000 Grandparent Poultry (GP) stock in a single financial year. This milestone not only underscores IB Group’s ascendancy as a leading player in the poultry industry but also highlights its steadfast commitment to sustainable growth and innovation. Since 2014, the association between IB Group and Aviagen has been characterized by unwavering dedication to excellence. Guided by the visionary leadership of Mr. Derk Wesjohann, Managing Director, and Jan Henriksen, CEO, of Aviagen, IB Group has solidified its position as a formidable force in the poultry landscape, earning a well-deserved place…
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QMS Medical Allied Services FY24 PAT up by 41 Percent

QMS Medical Allied Services FY24 PAT up by 41 Percent

Mumbai (Maharashtra) [India], May 25: QMS Medical Allied Services Limited (NSE: QMSMEDI), engaged in the marketing and distribution of a wide range of medical products, as well as prioritizing Patient Services Programs, has announced its Audited Financial Results for FY24 & Q4 FY24. Key Financial Highlights FY24 • Total Income of ₹ 122.58 Cr, YoY growth of 16.99% • EBITDA of ₹ 18.80 Cr, YoY growth of 55.83% • EBITDA Margin of 15.34%, YoY growth of 382 Bps • PAT of ₹ 9.00 Cr, YoY growth of 41.14% • PAT (%) of 7.34%, YoY growth of 126 Bps • EPS of ₹ 5.04, YoY growth of 29.23% Key Highlights For FY24 • The Company announced Final Dividend of ₹ 0.5 (5%) per share against…
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Techknowgreen Solutions Reports Total Income of Rs 23.50 Cr and Net Profit of Rs 6.11 Cr

Techknowgreen Solutions Reports Total Income of Rs 23.50 Cr and Net Profit of Rs 6.11 Cr

Mumbai (Maharashtra) [India), May 25: Techknowgreen Solutions Ltd. (BSE – 543991), a premier environmental consulting firm in India, experienced in executing projects within the environmental sector reported an Audited Financial Results for FY24. Key Financial Highlights FY24 • Total Income of ₹ 23.50 Cr, YoY growth of 58.10% • EBITDA of ₹ 8.98 Cr, YoY growth of 37.26% • PAT of ₹ 6.11 Cr, YoY growth of 35.36% • EPS of ₹ 9.66, YoY growth of 9.02% Note: 1. FY23 (12M) financials have been taken from Prospectus filed as on September 12, 2023 during IPO filling 2. FY23 (89D) The Company was incorporated by the conversion of partnership firm to public limited company w.e.f. 02/01/2023. Therefore, Financial year FY23 (89D) period consists of 89 days only.…
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Uravi T and Wedge Lamps Announces Growth Revenue Up by 50Percent, EBITDA Soars 196 Percent in Q4 FY24

Uravi T and Wedge Lamps Announces Growth Revenue Up by 50Percent, EBITDA Soars 196 Percent in Q4 FY24

Mumbai (Maharashtra) [India], May 25: Uravi T & Wedge Lamps Limited (NSE Code: URAVI, BSE Code: 543930), one of the leading manufacturers and supplier of incandescent and wedge -based automotive lamps, has announced its Audited Financial result for Q4 FY24 and FY24. Key Financial Highlights  Q4 FY24 -Total Income of ₹ 11.34 Cr, YoY growth of 50.10% – EBITDA of ₹ 1.93 Cr, YoY growth of 195.65% – EBITDA Margin of 17.01%, YoY growth of 837 Bps – PAT of ₹ 0.55 Cr, YoY change Loss to profit – PAT (%) of 4.88%, YoY change Loss to profit – EPS of ₹ 0.5, YoY change Loss to profit FY24 -Total Income of ₹ 42.68 Cr,…
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Soleos Solar Energy Secures Rs 48.5 Crore equity Funding, transaction led by Swastika Investmart Ltd along with Beeline Capital

Soleos Solar Energy Secures Rs 48.5 Crore equity Funding, transaction led by Swastika Investmart Ltd along with Beeline Capital

New Delhi (India), May 25:  Soleos Solar Energy Pvt Ltd., a leading provider of Solar EPC solutions has raised around Rs 48.5 crore in equity funding. The lead advisor of this transaction was Swastika Investmart Ltd along with Beeline Capital Advisors Private Limited. The funding round’s investors include India Ahead Venture Fund, Mr. Sunil Singhania’s family office, Ms. Madhuri Madhu Kela, Nabs Vriddhi LLP, Mr. Pawan Agarwal, Head of PCG at InCred Capital, Dr. Faruk G. Patel – CMD (KP Group) and several other HNI investors. This funding infusion will help the company in generating its working capital, global renewable…
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Grow Together: Build Your Brand with Advent PR

Grow Together: Build Your Brand with Advent PR

New Delhi (India), May 24:  In the post pandemic world, Public Relations management has assumed a multi-dimensional presence and is buzzing with innovation in 2024! With the advancing footprint of Artificial Intelligence, a human touch is becoming increasingly important, with a focus on authenticity and building genuine connections with audiences. Social media continues to be a powerful tool for PR professionals, offering a platform for thought leadership and influencer marketing, along with devising strong narrative for organic media outreach programs. Moreover, data-driven strategies are revolutionizing the way PR campaigns are crafted, ensuring messages are tailored and impactful. It’s an exciting…
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