Press Release – Page 130 – THE ECONOMIC INDIA

19 Aug

Agarwal Industrial Corporation announced staller Q1 results, PAT surged by 41.44%

New Delhi [India], August 19: Agarwal Industrial Corporation Limited, India’s most significant Private sector player in the bitumen sector, has released its highest-ever financial results for the period ended on 30 June 2024. For Q1FY25, the Company reported a 12.69% year-on-year (YoY) jump & consolidated revenue of Rs. 709.24 crores. EBITDA (earnings before interest, taxes, depreciation, and amortization) margin saw a massive increase of 46.53% at Rs.61.71 Crore. PAT (Profit after tax) stood at Rs.39.00 crore, with a significant increase of 41.44%. The company has reported volume growth of 26.60% & highest ever 1st quarter volume of 170,478.36 MT. The Board of…

19 Aug

Spark PWM Expands Bengaluru Office to Support Growing Team and Business Growth

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Bengaluru (Karnataka) [India], August 19: Spark PWM Private Limited (formerly known as Spark Family Office and Investment Advisors (India) Private Limited), or Spark Private Wealth Management, a subsidiary of Spark Capital Advisors (India) Limited, a two-decade-old mid-market investment banking and financial services firm today announced the inauguration of a new office at Prestige Emerald in Bengaluru’s Ashok Nagar. This move is part of Spark PWM’s ongoing expansion strategy to accommodate its rapidly growing team and to better serve its clients in the region. Spark PWM has seen impressive growth over the past year, with its Assets Under Management soaring from INR 3,000 crores…

16 Aug

Incredible! 5 years old Kritika Tripathi creates history by securing major world records in Thaiboxing

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New Delhi India, August 16 2024: Based out of Bangalore, India a tiny wonder named Kritika Tripathi has become an overnight sensation. At the age of just 5 years old, she amazed everyone by securing major world records in Thaiboxing – Karnataka Book of Record, India Book of Record, London Book of Record, and World greatest Book of Record to name a few. Kritika Tripathi’s father, Ganesh Kumar Tripathi, expressed his happiness in her daughter’s accomplishment in spite of the challenging journey. He expressed his pride at his little daughter’s achievement and the respect she has received for being an inspiration…

13 Aug

New Delhi Homes Find Their Perfect Match in Morzze Kitchen Sinks

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New Delhi (India), August 13: The heart of any home is its kitchen. It’s a space where families gather, meals are prepared, and memories are made. A crucial component of this space is the kitchen sink. It’s more than just a dishwashing station; it’s a functional and aesthetic centrepiece. Recognising this, Anupam Retail Limited, a trusted name in India, has introduced Morzze, a brand dedicated to crafting premium kitchen and bathroom solutions. Morzze’s focus on kitchen sinks is particularly relevant to the selective residents of New Delhi. The city’s modern homes and apartments demand products that combine style with practicality. Morzze’s…

13 Aug

MintCFD Trading Experience – Safe, Simple, Fast And Rewarding

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New Delhi (India), August 13: MintCFD is a multi-asset trading platform that offers a new way to trade, making it a top choice for all kinds of CFD trading activities. With an expanding clientele, the company is committed to deliver an unparalleled customer experience through a transparent, customer-first approach. The platform ensures in making trading simple, accessible, affordable, reliable, and profitable for its users. Recognised as a leading online trading platform, MintCFD offers high – quality transactions across a spectrum of trading options. The platform offers trading opportunities in equities, forex, commodities, indices, and cryptocurrency. It offers access to both Indian and…

12 Aug

Reseal celebrates innovation and excellence with Bharat Udyog Ratna 2024

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Mumbai (Maharashtra) [India], August 12: The very first “Bharat Udyog Ratna 2024”, organised by leading market research agency Reseal.in and recognised by the government, celebrated innovation and excellence by honouring 38 exemplary individuals, including 31 distinguished entrepreneurs, who have made significant contributions to their respective fields. Held in Mumbai, the financial capital of the nation, the Bharat Udyog Ratna 2024 event not only celebrated the achievements of industry leaders but also highlighted the positive impact of quality services in oncology, enhancing the lives of cancer patients. The government’s recognition of these efforts underscores the importance of such initiatives in advancing…

12 Aug

Discover NCR’s Finest Property, Ambience Creacions with Ambience Group Owner

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“Welcome to Ambience Creacions, where luxury meets convenience to redefine your lifestyle,” invites Ambience Group Owner. New Delhi (India), August 12: Ambience Creacions offers a unique living experience and is well-positioned on the bustling Old Delhi-Gurugram Road close to the Delhi-Gurugram border. This prestigious residential enclave spans across lush greenery, embodying superior craftsmanship and modern living. According to Ambience Group Owner, “Ambience Creacions exemplifies a lifestyle that seamlessly integrates sophistication with practicality, ensuring residents enjoy the epitome of luxury.” Architectural Excellence With twenty imposing towers that reach up to G+18 stories each, Ambience Creacions is a towering structure. All of…

12 Aug

Axita Cotton Limited Recommends bonus issue in the ratio of 1:3; Company reports PAT of Rs. 3.54 crore in Q1FY25

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Ahmedabad (Gujarat) [India], August 12: Axita Cotton Ltd, one of the leading manufacturers of exporters of international quality cotton bales, cotton seeds and cotton yarns in India, has recommended issuance of bonus equity shares in the ratio of 1:3 (i.e., 1 bonus equity share of Re. 1 each for every 3 fully paid-up equity shares as on record date) subject to the approvals from the shareholders. Total income in Q1FY25 at Rs. 154.96 crore; EBITDA at Rs. 5.73 crore Recommends 1 bonus equity share for every 3 fully paid-up equity share Company also declared a financial results for the first…

12 Aug

Kennametal India sales higher by 8.3 Percent for Q4 FY24, PBT up 48.7 Percent

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Bangalore (Karnataka) [India], August 12: Kennametal India Limited concluded Q4 FY24, ended June 30, 2024, registering sales of ₹ 3,024 Mn, 8.3% higher as compared to ₹ 2,793 Mn in the same quarter last fiscal, driven by volume growth by the Hard Metal segment and a strong performance by the Machining Solutions Group. Profit Before Tax (PBT) was ₹ 400 Mn against ₹269 Mn, up 48.7% over the same quarter last fiscal. Commenting on the results, Vijaykrishnan Venkatesan, Managing Director, Kennametal India said, “Our financial performance was largely driven by domestic market growth and operational excellence leading to higher profitability. We saw robust orders by the Machining Solutions Group, delivering…

12 Aug

Cressanda Railway Solutions Ltd Partners with Shaurrya Teleservices Pvt Ltd to Enhance Digital Connectivity on Eastern Railway trains

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Mumbai (Maharashtra) [India], August 12: Cressanda Railway Solutions (BSE: CRESSAN) Formerly Known as Cressanda Solutions Ltd a leading private Railway auxiliary concierge service and digital media company has announce a strategic partnership with Shaurrya Teleservices Pvt Ltd to provide Wi-Fi and Content on Demand (COD) across the Eastern Railway trains. This groundbreaking initiative will commence with a pilot project on a long-distance train originating from the Howrah division and traveling to Barmer, Rajasthan. This partnership is poised to revolutionize digital connectivity in trains across India, marking a significant step towards realizing the vision of a truly Digital India. By offering…