Despite the pandemic-induced lockdowns the global home improvement industry has seen little moderation in demand over the past year, all thanks to rising mortgage & interest rates and surging new home prices that are driving spending in home improvement activities. This growing trend of renovation has in turn has shifted consumer interest toward modern...
Escorts in involved in production of agri-machinery, construction and material handling equipment and railway equipment from its plants at various locations. The company sells a wide range of tractors under the Farmtrac,...
MM Forgings is a manufacturer of automotive components. It manufactures steel forgings in raw, semi-machined machined and fully machined stages in various...
Partially helped by robust growth in domestic business, CCLP posted 12.8% growth in revenues in Q1 at Rs 326.12 crs compared to Rs 289.20 crs in the same quarter a year ago., but slightly lower than Rs 331.58 crs reported in Q4. Part of the fall in revenues in Q1 compared to Q4 is attributed to higher off take of small packs of freeze dried coffee in Q4. Despite rise in green coffee prices and rise in freight costs, OPM expanded by 40 bps in Q1 all thanks to improved product mix. Helped by nearly 15%...
Aided by the specialty chemicals business - whose revenues surged by an eye-popping 56.6% in Q1 and EBIT by gravity-defying 84.2% - Aarti Industries posted 40.5% growth in overall sales and 98.4% rise in post tax earnings on yoy basis. Despite sharp increase in raw material prices, freight and fuel prices, operating profit advanced by 72.4% to Rs 313.81 crs, thus pulling up OPMs to 23.8% from 19.4% (21.5% in Q4); finance costs though rose sharply not least due to M2M impact on unhedged ECBs. Much of the business growth last quarter was aided...
Driven by an uptick in end-user industries and a strong traction from ATBS segment on account of pent-up up demand, VOL's Q1FY22 revenue from operations leapt by an enthusing 38.1% to Rs. 386.37 cr from Rs....
Trampled by the lockdown in Q1, revenues from operations of LGB slid by a little pleasing 21.3% to Rs 392.55 crs compared to Rs 499.08 crs in Q4 of the previous fiscal. Little surprisingly, its transmission business bore much of the brunt for its revenues plunged by 24.5%; though its...
