1, Aug 2024
Hisense Gears Up for Western India with Strategic Expansion in Offline Market

Mumbai, 1 Auust 2024: Hisense, a well-known global entity in the consumer electronics and appliance sector, has announced a strategic initiative to broaden its market presence in the western region of India. By focusing on enhancing its retail network and launching a variety of premium products, such as televisions and air conditioners, Hisense is set to strengthen its position in this competitive region.

hisense

As part of this growth strategy, Hisense is actively collaborating with major retail and distribution partners to make advanced technology products accessible to consumers at competitive prices. Through these partnerships and a customer-centric approach, Hisense aims to tap into the significant growth potential in western India and establish itself as a top choice for consumers.

Committed to innovation, quality, and value, Hisense is determined to distinguish itself in the Indian market. With a comprehensive approach that emphasizes customer satisfaction and market reach, Hisense aims to secure a substantial market share and become a key player in the western region.

Mr. Pankaj Rana, CEO of Hisense India, commented on the expansion, stating, “India is a strategic market for us, and our channel expansion plans are designed to capture a significant market share. We are setting up over 1,000 product experience zones and partnering with leading distributors and retailers to provide our customers with platforms to experience our premium products, advanced features, and benefits firsthand.”

Hisense’s brand expansion is driven by a strong commitment to excellence and innovation in the global market. The company has cemented its status as a leading industry player, ranking second globally in TV shipments and holding the top position for 100-inch TV shipments in 2023, according to OMDIA’s global TV report. This achievement underscores the increasing trust and popularity of Hisense products among consumers worldwide.

In its brand-building strategy, Hisense has leveraged sports partnerships to forge deeper connections with its target audience. The company has sponsored major sporting events such as the UEFA EURO Championships and the FIFA World Cup 2022. Building on this success, Hisense recently announced a partnership with UEFA EURO 2024™ as an Official Partner, further enhancing its presence in the sports community.

By aligning with prestigious sporting events and consistently innovating and delivering high-quality products, Hisense is well-positioned for continued growth and success in the global market. The company’s dedication to excellence and consumer satisfaction remains steadfast as it expands its brand presence and achieves new milestones in the industry.

1, Aug 2024
HID Partners with Inner Range to Bring Customers Wallet-Enabled Readers

BANGALORE, India – August 01, 2024 – HID®, a worldwide leader in trusted identity solutions, today announced an extended partnership with its trusted partner Inner Range, a global provider of integrated access control systems and solutions, to offer Inner Range customers a new range of SIFER credential compatible with wallet-enabled readers, based on HID’s signature line of access control readers, HID Signo®.

“The sheer opportunity to further deepen collaboration with our partners excites us. Mobile access is rapidly becoming a dominant force in reshaping the physical access security industry and we are glad to be able to extend the mobile access in wallet solution to Inner Range to solidify its position as an integrated access control solutions provider globally,” says Prabhuraj Patil, Senior Director, Physical Access Control Solutions, Asean and India Subcontinent, HID.

Patil adds, “Inner Range customers will get all the benefits of adding mobile credentials in Apple or Google Wallet (and other OEM wallets in the near future), designed for the future of workplace. I’m excited by the potential of this technology partnership, as we continue to collaborate on future projects, enabled with HID’s secured, sustainable and future-proof identity solutions.”

Leveraging HID’s wallet-enabled readers, Inner Range enriches its reader product portfolio, providing its customers an additional choice of adding HID mobile credentials in wallet, giving employees, tenants and visitors secure and easy access to office spaces, meeting rooms, printers, lockers and other facilities with a tap of their smartphone or smart watch near the Inner Range SIFER- enabled readers, powered by HID Signo. The in-wallet solution powered by HID Mobile Access provides industry leading user-experience while employing advanced encryption and security protocols to ensure that access to facilities is both safe and secure.

“We are delighted with the success of our recent collaboration with HID. At Inner Range, providing our customers with a seamless user experience is a core objective for our security solutions. Adding SIFER credential support to the HID Signo reader achieves this perfectly and provides significant opportunity for Inner Range and our channel by offering future proof solutions that incorporates both our technologies,” says Gabriel Daher, VP and GM of Inner Range.

Daher adds, “This strategic partnership is a significant milestone that underscores our commitment to leveraging cutting-edge technology to deliver exceptional value to our customers. We are excited to share this groundbreaking news with our current and prospective clients, confident that it will exceed their expectations. As we continue to strengthen our alliance with HID, we are eager to embark on future projects that promise to harness the full potential of HID technology, with details to be revealed in due course.”

1, Aug 2024
Oberoi Realty Unveils Second ESG Report Accelerating Growth While Championing Sustainability

1st August, Mumbai: Oberoi Realty, a leader in premium real estate, reaffirms its commitment to sustainable development through the release of its second annual Environmental, Social, and Governance (ESG) report. This report highlights the company’s commitment to purpose-driven sustainability, emphasizing a holistic approach to business by integrating ESG principles into its business strategy.

Key highlights and milestones from the report include:

· Enhancing ESG Governance: Established a dedicated ESG Board Committee led by the Chairman & Managing Director along with the ESG Steering Committee, consisting of Senior Executives and Department Heads to spearhead and overview key sustainability functions.

· Commitment to long term Sustainability goals: Committed to long-term goals aimed to create a positive impact on society and the environment while ensuring responsible business practices.

· Green Building Certification: Committed to green building design with most recent projects pre-certified as minimum gold.

· Investing in Sustainable practices: Implemented water-efficient fittings, energy-efficient systems, and on-site waste management solutions, and increase energy consumption from renewable sources.

· Employee-centric approach: Recognized as an ‘Employer of Choice’ with robust employee wellbeing programs.

Our key long-term commitments adopted in FY 2023-24:

· Improved yearly performance in global sustainability indices

· Increased focus on diversity, equity, and inclusion with a target of achieving 30% diversity by 2030

· Commitment to achieving water positivity by 2030

· Striving for net zero waste to landfill by 2030

· Targeting net zero emissions for direct operations, Scope 1 & 2 by 2040

Mr. Vikas Oberoi, Chairman and Managing Director of Oberoi Realty, stated, “At Oberoi Realty, we are committed to innovation and human-centric design, enhancing urban living and adding value to our residential offerings. Our dedication to sustainable development drives us to implement eco-friendly building practices and promote environmentally responsible business operations. Our newly published ESG report outlines our targets and goals, further solidifying our commitment to sustainability and our promise to stakeholders for long-term value creation.

Mr. Ayashkanta Rout, Head – Sustainability and CSR, at Oberoi Realty Ltd. added, “Our second ESG report marks a significant milestone in our reporting journey towards building a ‘sustainable tomorrow’. The establishment of a dedicated Board level ESG committee, focus on enhancing our social as well as environmental practices, and implementation of resource-efficient processes in our operations demonstrate our commitment to measurable progress across all 6 pillars – People, Product, Planet, Prosperity, Practices and Partnerships. We are confident that these efforts will not only benefit the environment and society but also create long-term value for all our stakeholders.”

Oberoi Realty remains committed to pushing the boundaries of sustainable construction, ensuring a greener future for urban development. The company’s ESG report serves as a roadmap for its ongoing efforts in creating value for all stakeholders while minimizing environmental impact.

1, Aug 2024
IMFA reports robust financial performance in Q1 FY25

National, August 1, 2024: Indian Metals & Ferro Alloys Ltd (IMFA; estd 1961), the country’s leading fully integrated producer of ferro alloys, announced Q1 FY25 results today for the period ending June 30th, 2024.

Financial Performance

Standalone for Q1 FY25

Q1 FY25 Revenue EBITDA EBITDA Margin PAT PAT Margin EPS (not annualized) Exports
 662.28 cr  167.31 cr 25.26 %  117.52 cr 17.31 %  21.78  626.97 cr

Financial Highlights:                                                                                                                             ( in cr)

Performance indicators Q1 FY25 Q4 FY24 Q1 FY24
Revenue 662.28 700.56 701.73
EBITDA 167.31 125.65 172.92
PAT 117.52 82.65 110.00
Exports 626.97 630.77 662.76

Operational Highlights:

Performance indicators Q1 FY25 Q4 FY24 Q1 FY24
Ferro Chrome production (Tonnes) 60,976 65,139 66,261
Ferro Chrome sales (Tonnes) 63,035 67,981 64,695
Power generation (Million Units) 277 286 290
Chrome Ore raising (Tonnes) 202,772 117,874 270,648

Management Comment:

Commenting on the results, Mr Subhrakant Panda, Managing Director said: “The results for the first quarter reflect our strong focus on maximising operating efficiency, despite lower output on account of maintenance activities, and softening input costs have also provided a boost. While ferro chrome prices are rangebound at the moment, an uptick in demand driven by global stainless steel production – which is expected to be 6% higher this year – could result in improved realisations during the second half of the current fiscal. We will, of course, continue to benefit from our fully integrated business model and long term debt free balance sheet.”

Mr Panda added: “India’s continued focus on public infrastructure coupled with revival in private sector investment augurs well for demand; and, the lending rate cut in China is also expected to bolster the economy. Meanwhile, elevated chrome ore prices for non-integrated producers will likely limit any downside to ferro chrome prices.”

31, Jul 2024
Shara Denise Ruffin: A Journey of Resilience and Excellence in Social Work

Shara Ruffin’s journey in social work is a testament to resilience, dedication, and a relentless pursuit of excellence. Over the years, Shara has garnered numerous awards and accolades that recognize her impact and influence in the field of social work. Let’s take a closer look at some of the prestigious awards she has earned and the journey that has inspired many to connect with her and become part of her remarkable achievements.

Shara Denise Ruffin: A Journey of Resilience and Excellence in Social Work

The Journey to Excellence
Shara’s path to becoming a prominent figure in social work is marked by determination, hard work, and a commitment to continuous learning and growth. Her journey began with a strong academic foundation, earning her Bachelor’s degree in Social Work from Lock Haven University of Pennsylvania, followed by a Master’s degree from Howard University School of Social Work.

Awards and Recognitions

Shara Ruffin has received numerous accolades for her contributions to social work, including:

  • LinkedIn Top Voice of Social Work (2023): Shara’s impactful presence and contributions on LinkedIn earned her this prestigious title.
  • Influence Digest Top 15 LinkedIn Expert in Philadelphia (2023): Her expertise in leveraging LinkedIn for professional networking and brand building was recognized by Influence Digest.
  • Five-Time Amazon Best-Selling Author: Shara’s books, including “90 Days of Prayer” and “90 Days of Inspiration,” have achieved best-seller status on Amazon.
  • Media Features: Shara’s innovative approach to exam coaching and her platform, Journey to Licensure LLC, have been featured in Business Insider, USA Today, Success Magazine, and Market Watch.
  • Silver Stevie Award (2024) – American Business Awards “Thought Leader Of The Year” – Consumer Services: Known as the Oscars of the business world, the Stevie Awards recognize outstanding achievements and contributions.
  • Board-Certified Tele-mental Health Provider: Shara’s commitment to excellence in clinical social work is exemplified by this board certification.
  • Licensed Independent Clinical Social Worker (LCSW): This certification indicates that Shara has met the rigorous requirements for clinical social work practice.
  • Academy of Certified Social Workers (ACSW): This certification highlights her commitment to the highest standards of social work.
  • Certified Clinical Trauma Professional (CCTP): This certification indicates specialized training in trauma-informed care.
  • Certified Compassion Fatigue Professional (CCFP): This certification showcases her understanding of the high emotional cost of caring for those in distress and how to mitigate it.
  • Certified Personality Disorder Treatment Professional (C-PD): This certification denotes her expertise in managing and treating personality disorders.
  • Certificate of Achievement for Oral Presentation on “In a Military Family We All Serve”: This award underscores her effective communication and advocacy for military families.
  • Qualified Clinical Social Worker (QCSW): This credential highlights her expertise in clinical social work practice.
  • Certified Social Worker in Health Care (C-SWHC): This certification recognizes her specialized knowledge, skills, and experience in healthcare within the social work field.

Celebrating Success
Each award that Shara has received is evidence of her unwavering dedication, passion, and impact in the field of social work. Through her innovative approach, compassionate coaching, and tireless advocacy, she continues to inspire and empower social workers around the globe. As she continues on her journey, Shara’s commitment to excellence and service remains unwavering, setting a shining example for aspiring social workers everywhere.

31, Jul 2024
Fire Restaurant at Kuda Villingili Resort Maldives Earns 2024 Wine Spectator Restaurant Award of Excellence

Kuda Villingili Resort, Maldives (July 2024) — Fire Restaurant has been honored for its outstanding wine program in Wine Spectator’s 2024 Restaurant Awards, which celebrate the world’s best restaurants for wine.

Fire Restaurant at Kuda Villingili Resort Maldives Earns 2024 Wine Spectator Restaurant Award of Excellence

“We are immensely delighted to receive the Wine Spectator’s 2024 Award of Excellence,” said Amjad Thaufeeq, Commercial Director of Kuda Villingili. This award is a testament to our team’s dedication to providing our guests with an outstanding dining experience and a wide range of wine choices. Our wine program is designed to cater to both connoisseurs and casual wine lovers, ensuring that every guest finds something to enjoy.”

“The restaurant industry is growing and thriving, with restaurant openings surpassing pre-pandemic levels for the first time. To take advantage of the uptick, restaurateurs are re-investing in their wine programs,” said Marvin R. Shanken, Editor and Publisher, Wine Spectator. “Restaurants that make wine a priority are what the Wine Spectator Restaurant Awards program is all about. I’m pleased to congratulate all 3,777 restaurants for their dedication to wine and exemplary wine lists.”

Launched in 1981, the Restaurant Awards represent the world’s only program focused exclusively on restaurant wine service. They are assigned on three levels: the Award of Excellence, the Best of Award of Excellence, and the Grand Award, with 2,150; 1,531; and 96 winners this year in each respective category.

Fire Restaurant has won the Award of Excellence

The Award of Excellence recognizes restaurants whose wine lists feature a well-chosen assortment of quality producers along with a thematic match to the menu in both price and style.

About Fire Restaurant, Kuda Villingili Resort, Maldives

FIRE is inspired by the all-time classic American steakhouse experience, and the concept explores the art of grilling meat to perfection. A team of talented chefs, under the guidance of Executive Chef Lalith Sharma, delivers the finest prime-cut meat plated succulently alongside mouthwatering condiments and a selection of homemade sauces. This fine-dining experience is enhanced further with organic, free-trade certified, and free-range ingredients sourced from around the world. Each plate served is a heartily rich enhancement of timeless flavors. Nestled within the chic and well-balanced ambience of The Restaurant, Fire opens for lunch and dinner while the salty breeze and the gently lapping waves perfect this partially overwater experience.

The Wine list at Fire is intended to reflect the diversity of producers’ terroirs and grape varietals, showcasing an exquisite selection of wines ranging from classic to rustic and modern to vibrant. A particular importance was given to ensuring a balanced and generous sampling of the diverse flavors of both the Old World and the New World with exceptionally high quality and value, encouraging guests to experiment throughout their stay.

About Kuda Villingili Resort, Maldives

Kuda Villingili Resort Maldives is an exclusively private island, promising guests of all ages and personalities the opportunity to redefine time and space and the independence to discover themselves while strengthening bonds of togetherness and creating unique experiences. Located at a convenient 30-minute speedboat ride in the picturesque North Male Atoll, this picturesque slice of paradise offers 75 spacious villas sprawled on the beachfront and over the turquoise lagoon. The resort offers a diverse array of gastronomic experiences, from casual Hawker-style to fine dining on the beach, with three diverse dining venues and three unique concepts sure to appeal to everyone’s taste buds.

About Wine Spectator

Wine Spectator is the world’s leading authority on wine. Anchored by Wine Spectator magazine, a print publication that reaches around 3 million readers worldwide, the brand also encompasses the Web’s most comprehensive wine site (WineSpectator.com), mobile platforms, and a series of signature events. Wine Spectator examines the world of wine from the vineyard to the table, exploring wine’s role in contemporary culture and delivering expert reviews. Parent company M. Shanken Communications, Inc., also publishes Cigar Aficionado, Whisky Advocate, Market Watch, Shanken News Daily, and Shanken’s Impact Newsletter.

30, Jul 2024
Greenlam Industries Brings DesignNXT 3.0 to Sri Lanka, Fostering Indo-Sri Lankan Design Dialogue

30th July 2024; New Delhi: Greenlam Industries, among the top 3 manufacturers in the world of surfacing solutions, is proud to announce the highly anticipated Sri Lanka edition of its acclaimed knowledge-sharing platform, DesignNXT. This platform by Greenlam Industries created for a specifier community features keynote addresses and panel discussions by renowned architects & interior designers, focused on design and architecture.

greenlam

Building on the success of previous summits in Kazakhstan, Egypt, and Poland, DesignNXT Sri Lanka brought together renowned architects and interior designers from India and Sri Lanka for a day of insightful discussions, trend exploration, and product launches.

Positioned as a flagship event in the architecture and design community, DesignNXT has gained immense popularity over the past three years. The Sri Lanka edition further solidified Greenlam Industries’ commitment to design innovation and collaboration. The event delved into critical topics shaping the design landscape like the panel discussion on “The Art of Surface Selection” explored the transformative power of materials in design, examining how thoughtful surface choices can elevate aesthetics, functionality, and user experience. Meanwhile, “The Designer’s Dilemma” tackled the challenge of balancing design aspirations with budget realities, offering insights into cost-effective design solutions without compromising on quality or creativity. Adding to the richness of the event, DesignNXT Sri Lanka featured keynote presentations from three esteemed figures in the design world. Ar. Arjun Rathi, ARJUN RATHI DESIGN (Mumbai, India); Professor Chitra Weddikkara, QSERVE (Colombo, Sri Lanka) & Mr. Migara Alwis, Design Consortium Pvt Ltd. (Colombo, Sri Lanka).

Commenting on this proud occasion, Mr. Saurabh Mittal, MD & CEO, Greenlam Industries said, “We are super excited to conduct the 3rd season of DesignNxt, a platform that continues to inspire and foster innovative design solutions across borders. This season not only highlights the transformative power of design but also strengthens the ties between the design communities of India and Sri Lanka, paving the way for future collaborations and breakthroughs in the industry.”

30, Jul 2024
Jeena Criticare Logistics elevates Prakash Singh as Chief Operating Officer

Mumbai / Delhi NCR, 30 July 2024: Jeena Criticare Logistics Pvt. Ltd., (JCL) the Healthcare arm of Jeena & Company elevated Mr. Prakash Singh as Chief Operating Officer (COO). Mr. Singh, having spent more than 9 years at Jeena is a seasoned leader with extensive experience in international Cold Chain freight forwarding and Domestic Supply Chain, bringing a wealth of knowledge to his new role.

Mr Singh, since his joining in 2016, has held various pivotal positions and has been instrumental in driving the success of Jeena & Company in the Pharmaceutical vertical. His thorough experience in the field will be an asset in steering Jeena Criticare Logistics’ success towards further growth.

Welcoming Mr. Prakash Singh into his new role, Partners at Jeena & Company said, “Prakash has been an invaluable asset to the company and the team. His understanding of the business and client requirements, coupled with his insights, has made him an essential member of Jeena & Company, for nearly a decade. We are confident that entrusting him with these additional responsibilities will further enhance our success and contribute significantly to the business.”

Mr Singh is well known in the industry and has chaired many webinars on Pharma logistics both at National and International level. He has also been part of many International conferences.

As the COO, Mr. Singh will oversee the development and implementation of strategic initiatives to drive growth through operational efficiency, business development, financial oversight, and innovation at Jeena Criticare Logistics. His key responsibilities will also include quality control, leadership development, stakeholder engagement, and ensuring compliance with industry standards and regulations. He will be instrumental in optimizing performance, fostering a culture of continuous improvement, and expanding the company’s market presence.

Expressing his enthusiasm for the new role, Mr Prakash Singh stated, “My journey with Jeena & Company has been incredibly rewarding, marked by meaningful contributions and achievements. I am excited to embrace this new and vital role, and I look forward to the challenge of further elevating our operations at Jeena Criticare Logistics. This opportunity marks a significant step towards fostering long-term growth with Jeena Criticare Logistics.”

Mr. Singh’s strong educational foundation features a Science Graduate from Rajasthan University, a Diploma in Modern Business Strategies from EQP Business School Sweden, and an MBA with a focus on Marketing, Finance & Supply Chain from Siva Sivani Institute, Hyderabad. He has vast experience in the field of Domestic and International Cold Chain Management, DGR, Clinical Trials, and Healthcare logistics. His impressive qualifications and esteemed industry reputation further strengthen his leadership of Jeena Criticare Logistics.

30, Jul 2024
Hafele’s RE-Inforce Digital Lock

Hafele introduces a new perspective to home security with its integrated range of Digital Home Security Solutions. With this range we bring to you the most advanced technologies in digital access modes, safety features, convenient settings and much more; attempting to provoke a serious thought towards home security. These solutions from Hafele can allow you to control multi-dimensional aspects of home access through a single locking device, as per your specific lifestyle and at the leisure of your convenience.

Woman,Locking,Smartlock,On,The,Entrance,Door,Using,A,Smart

Classic Design, Multiple Access Modes

RE-Inforce security with this sleek all-in-one digital lock. With multiple access options and a flushed body that appears as if it is forged out of black glass, this lock provides superior functionality and sophisticated aesthetics. Easy to use and set-up (with an option of operating via the Hafele Smart Living App), the lock provides access through fingerprint, RFID card, password and via the mobile application. Delivering high security, the lock safeguards the door within 3 seconds of closing it and offers a robust deadbolt connection ensuring utmost safety.

30, Jul 2024
Filatex Fashions Ltd’s mining subsidiary receive Export Order worth USD 35 million (Rs. 293 crore)

Hyderabad, 30 July, 2024: Subsidiary of Hyderabad based leading socks and cotton products manufacturing company Filatex Fashions Ltd  has received export order worth USD 35 million for supply of 2,97,388 metric tonnes of White Marble.

Filatex Logo

Company’s subsidiary in the mining business, that Filatex Mines and Minerals Private Ltd has received this order from Bloomflora Ventures Limited, a company is into Hospital Development Business for their upcoming 54 hospital in Africa. The order for supply White Marble order over a period of 7 years is estimated to be USD 35 million (Rs. 293 crore). It is the first export order for company’s mining subsidiary.

Board of Directors of Filatex Fashions Ltd at its meeting held on 26 July 2024 has approved the appointment of Mr. Sunil Agarwal as an Additional Director and CEO of the Company in the Executive Director category. The appointment is subject to the approval of the shareholders in the ensuing Annual General Meeting. Mr. Sunil Agarwal has over 10 years of extensive experience and holds expertise in Financial Services, Advisory, Investment Advisory and Risk Management Consulting and has been on the Boards of some prominent companies.

Company in it’s the Extra Ordinary General Meeting held on 15 July 2024 approved the 5-for-1 stock split. Authorised share capital of the company of the company further to the approval of the shareholders in EGM stands at Rs. 850 crore divided into 850 crore equity shares of Rs. 1 each.

To enhance the liquidity in the capital market and widen shareholder base, the company in the board meeting held on 7 June 2024 approved 1:5 (5-for-1) stock split. Company approved sub-division of existing 1 Equity Share of face value of Rs. 5 each fully paid up into 5 Equity Shares of Rs. 1 each fully paid up. Record date for the purpose of stock split is fixed as 9 August 2024.

Incorporated in 1995, Filatex Fashions Ltd specializes in socks manufacturing and cotton products with 25 socks-knitting machines with the latest finishing and setting machines, using infrared technology for the first time in India. Filatex Fashions has gained rich experience in the European and Indian market. With manufacturing plants located in Hyderabad, Telangana, the company offers private label services and the option to use its branded label for socks. Company’s clients include renowned brands like FILA, Sergio Tacchini, Adidas, Walt Disney and many other top labels of the fashion world.

Company’s shares are recently admitted to dealings on NSE with a code FILATFASH w.e.f 6 May 2024. Company’s shares were listed on Bombay Stock Exchange since 23 September 1996 and will continue to be listed on the exchange with the scrip code 532022. Company has also appointed Mr. Yash Sethia as Chief Financial Officer (CFO) of the Company from 30th March 2024.

Company board in the meeting held on 6 July has approved to set up a wholly owned subsidiary for export of textile garments and fabrics in Delhi reason being Delhi is a source for readymade goods which can be easily supplied to overseas market. Additionally, board also approved proposal to set up a Corporate Office in Mumbai for business expansion and planning to appoint senior managerial personnel like CEO, head of compliance etc. which will help the company in its smooth business expansion in global markets.

Company has a State of art manufacturing unit located at Hyderabad having ultra-modern, latest machinery from Korea and Italy with In-house R&D facilities, is on Growth path with various new orders from Leading Brands. Company has a modern state-of-the-art plant spread over 4 acres capable of producing 8.64 million pairs of socks per annum. The company further plans to ramp up production capacity upto 14 million pairs of socks per annum.

For FY23-24, company posted net profit of Rs. 8.95 crore, total income of Rs. 179.02 crore. During Q4FY24, net profit of the company was reported at Rs. 2.56 crore and total income of Rs. 69.59 crore.