Business – Page 582 – THE ECONOMIC INDIA

13 Feb

JB Pharma records revenue growth of 32% to INR 793 crores in Q3 FY23

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Profit after Tax stood at Rs. 106 crore as compared to Rs. 84 crore registering growth of 26% Mumbai (Maharashtra) [India], February 13: JB Pharma, one of the fastest growing pharmaceutical companies in India, announced record revenue growth of 32% to Rs. 793 crore in Q3 FY23. Operating EBITDA (Earnings Before Interest Depreciation and Taxes) increased by 26% to Rs. 193 crore as compared to Rs. 153 crore. Profit after Tax stood at Rs. 106 crore as compared to Rs. 84 crore registering growth of 26%. Commenting on financial results, Mr. Nikhil Chopra, CEO and Wholetime Director, JB Pharma mentioned,…

13 Feb

Mitsu Chem 9M FY23 Total Income Up 23%

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Mumbai (Maharashtra) [India], February 13: Mitsu Chem Plast Limited (Mitsu) (BSE:540078), One of the largest manufacturers of Blow Molding, Injection Molding, and Customized Molding, announced its unaudited Financial Results for Q3 & 9M FY23. Key Financials at a Glance: 9M FY23 Total Income for 9M FY23 at ₹. 226.16 Cr EBITDA for 9M FY23 at ₹. 19.02 Cr PAT for 9M FY23 at ₹. 8.51 Cr EPS for 9M FY23 at ₹. 7.05 Q3 FY23 Total Income for Q3 FY23 at ₹. 71.65 Cr EBITDA for Q3 FY23 at ₹. 5.25 Cr PAT for Q3 FY23 at ₹. 1.81 Cr EPS for Q3…

13 Feb

Vedanta Starts Mining Operation in Jamkani coal mine

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Vedanta company authority successfully held discussions with the displaced people Sundargarh (Odisha) [India], February 13: Jamkani coal block, a Greenfield mine in Odisha’s Sundargarh district allotted to Vedanta Limited, started operation today with the successful completion of a meeting with villagers. A meeting was successfully held between the company authority, district administration, and the displaced villagers regarding the problem of the displaced people at the Jamkani Coal mine agitation site of Vedanta Company. Various issues were discussed and today in a healthy atmosphere an agreement was reached with the consent of all and the mining process was started। Today’s meeting was…

11 Feb

Experience a taste of the Orient at the newly launched IC at Hilton Mumbai International Airport

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Dishes of IC – Hilton Mumbai International Airport Mumbai (Maharashtra) [India], February 11: Homage to the old Imperial China, which served only Cantonese food but now serves popular cuisines of South East Asia in a contemporary style If you are a food connoisseur and especially like to enjoy South East Asia cuisine and delicacies – Hilton Mumbai International Airport’s IC awaits your presence. Exuding a décor reminiscent of the Imperial era, it adorns e-size paper fans on the walls alongside an aura that is bound to charm its patrons. The restaurant’s interiors flaunt an air of relaxed elegance, and its ambience ensures…

11 Feb

Vedanta’s “Jamkani Coal Mining Operation” Begins In Sundargarh

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Vedanta Authority’s Talks with Displaced Locals Successful Sundargarh (Odisha) [India], February 11: The deadlock that had stalled the mining activities of Vedanta at its Jamkani site in Sundargarh sadar assembly segment for a long due to the stir staged by the affected villagers ultimately got resolved today following hectic parleys and successful talks between the protesters and the Sundargarh district administration as well as the Vedanta authorities. A significant meeting was held today between the company authority, district administration and the displaced villagers regarding the problems of the aggrieved people at the agitation site of Vedanta Company’s Jamkani Coal Mine.…

11 Feb

Agarwal Industrial Corporation releases Q3 FY23 results – key highlights

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New Delhi (India), February 11: Agarwal Industrial Corporation Limited, the largest pvt sector player in the bitumen sector has released its performance for the period that ended on December 31, 2022. For Q3FY23, Company reported a 45.42% year-on-year (YoY) jump in its consolidated revenue from operations at Rs 553.90 crores. EBIDTA (earnings before interest, taxes, depreciation, and amortization) margin increased by 19.18% at Rs.39.80 crore. PAT (Profit after tax) stood at Rs.26.43 crore with an increase of 27.91%. The Company, recently inducted 2, Specialized Bitumin Vessels with a total capacity of 12,574 MTs taking the total count of its Vessel Family…

11 Feb

Sky Gold Limited reported Q3FY23 net profit of Rs.11.67 crore

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Mumbai (Maharashtra) [India], February 11: Sky Gold Limited (BSE Code: 541967), one of the leading jewellery companies based in Mumbai reported unaudited Financial Results for the Q3 FY23 & 9M FY23. Financials at a Glance: Q3 FY23: Revenues at ₹57 crore EBITDA at ₹28 crore; up by 73.45% EBITDA margin at 4.59% Net profit at ₹67 crore; up by 501.55 % EPS at ₹91 9M FY23: Revenues at ₹62 crore; up by 52.36% EBITDA at ₹37 crore; up by 7.77% Net profit at ₹90 crore; up by 20.97 % EPS at ₹11.66 Speaking on the occasion Mr. Mangesh Chauhan, Managing Director and Chief Financial Officer of Sky Gold Limited said – “The strong…

11 Feb

WoodenStreet On Expansion Spree, Strengthen Retail Presence With 3 New Experience Stores in Mumbai

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WoodenStreet’s Mumbai Store Mumbai (Maharashtra) [India], February 11: India’s leading online furniture brand, WoodenStreet is going aggressively in expanding its offline footprint with its aim to strengthen niche markets and omnichannel consumer engagement across India. WoodenStreet in its recent expansion drive announced the opening of 3 new experience stores in the city of dreams, Mumbai. These new stores have strengthened their existing pool & taken it to a solid number of 8 physical experience stores across the city. The brand has invested $500,000 in these new launches, covering a carpet area of 10000 sq. ft. combined. All three stores are located…

11 Feb

Digital Marketing is soon to be all about AI says Shabbir Hussain – Co-Founder at Hats-Off Digital Pvt. Ltd

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Pune (Maharashtra) [India], February 11: While the year 2020 was a reset the world needed the most to bring humans, nature & humanity back on track. It marked a new beginning for digital marketing which most of the brands / small businesses & start-ups were not taking seriously until they were hit by a pandemic that forced them to shut their offline businesses & modes of marketing. This is when they realized the importance of Digital Marketing for a 360-degree presence as a brand. Just when people had pay cuts & were being laid off due to the pandemic, some geniuses had…

11 Feb

BoM celebrates 88th Business Commencement Day, Launches slew of Digital products & services

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Pune (Maharashtra) [India], February 11: Bank of Maharashtra (BoM), a premier public sector bank in the country, celebrated its 88th Business Commencement Day on 8th February 2023. Shri A S Rajeev, Managing Director & CEO, Shri A B Vijayakumar, Shri Asheesh Pandey, Executive Directors, Shri M K Verma, RBI Nominee Director, Shri Rakesh Kumar, Share Holder Director, along with General Managers were present in the program. All branches/ offices across the country were connected in hybrid mode to this program. While addressing the 88th Business Commencement Day program, Shri A S Rajeev, MD & CEO, Bank of Maharashtra, congratulated all staff members and said,…