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In News

Supreme Petrochem: The company has reported a 53% year-on-year decline in standalone profit at Rs 59.64 crore for the quarter ended September FY23, impacted by weak operating performance. Revenue from operations grew by 3.7% YoY to Rs 1,234.6 crore during the same quarter. The company has received board approval for sub-division of shares from one equity share (face value Rs 4 each), into two shares (face value of Rs 2 each), subject to approval of shareholders.

Aditya Birla Sun Life AMC: The asset management company has recorded a 10.75% year-on-year increase in consolidated profit at Rs 191.68 crore for the quarter ended September FY23, driven by other income. Revenue from operations fell 6.3% YoY to Rs 311 crore for the quarter.

Anupam Rasayan India: The specialty chemical company has recorded a 15% year-on-year growth in profit at Rs 41.2 crore for the quarter ended September FY23 on healthy topline and operating performance. Operating revenues at Rs 310.7 crore grew by 25% YoY and EBITDA at Rs 89.8 crore increased by 29% YoY for the quarter.

CE Info Systems: MapmyIndia recorded flat profit at Rs 25.37 crore for the quarter ended September FY23 against Rs 25.39 crore in same period last year, impacted by lower other income and weak operating performance. Revenue jumped to an all-time high of Rs 76.31 crore for the quarter, growing 35% YoY.

Infibeam Avenues: The company has received in-principle authorisation to operate as a payment aggregator, from Reserve Bank of India. Now the company is allowed to operate as a Payment Aggregator to provide digital payments services to any merchant(s) online or offline across the country.

Dhanuka Agritech: The company said its Board of Directors will consider the proposal for buyback of equity shares of the company through tender offer route, on November 1. The board will also consider un-audited standalone and consolidated financial results for the quarter and half year ended September 2022, on the same day.

Tata Chemicals: The company recorded consolidated profit at Rs 685 crore for the quarter ended September FY23, against Rs 248 crore in same period last year. Revenue from operations for the quarter at Rs 4,239 crore grew by 40% YoY. The operating performance reflected improved realisations and efficient cost management in the context of elevated energy and input costs.