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Maximus outperforms with magnificent growth in top and bottom line - Vimarsana News

Maximus outperforms with magnificent growth in top and bottom line

Vadodara (Gujarat) [India], November 18 (ANI/BusinessWire India): Gujarat-based Maximus International Limited (MIL) has outperformed expectations by clocking a turnover of Rs. 50.98 Crore for the first half of this fiscal (H1 FY 23). This is almost a 50 per cent increase over the turnover figure of the same period last year. "We not only achieved but exceeded our revenue target set for the H1 FY 23 (April 1, 2022-to-September 30, 2022). We are confident to achieve rapid and organic growth to meet our annual target of sales and profits," said the company's Chief Financial Officer,...

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Milind JoshiDeepak RavalMaximus International LimitedBusinesswire IndiaGujarat Based Maximus International LimitedChief Financial OfficerManaging DirectorVadodara Gujarat India Ovember 18 Ani Businesswire India Gujarat Based Maximus International Limited Mil Has Outperformed Expectations By Clockinga Turnover Of Rs 50 98 Crore For The First Half This Fiscal H1 Fy 23 Is Almosta Per Cent Increase Over Figure Same Period Last Year Quot We Not Only Achieved But Exceeded Our Revenue Target Set April 1022 To September 30022 We Are Confident To Achieve Rapid And Organic Growth Meet Our Annual Target Of Sales ProfitsUot Said The Company 39s Chief Financial OfficerIlind Joshi Mil Has Fared Well Ona Quarter To Basis As With Its Top Line For The Second Q2 Fy 23 Increasing By Almost 30 Per Cent Compared Previous Q1 Quot Our Performance In Is Very Heartening Indeeda Significant Highlight Of H1 That Company Expanded Operating Margins 400 Bps Half Year Period This Resulted 39s Net Also SignificantlyUot Said The Company 39s Managing DirectorEepak Raval The Indian Multinational Has Almost Doubled Its Profit Before Tax In Half Year Under Question As Compared To Previous Despite High Volatility Oil Prices NotablyHe Company Has Been Profit Making Since Its Inception Quot The 39s Expansion In Africa Is Proceeding Smoothly And Asa First StepT Recently Acquired The Remaining Equity Stake In Its Kenya Based Manufacturing Subsidiary Witha View To Gain Full Control Over CompanyUot Said Raval RecentlyHe Company Has Split Its Share In The Ratio Of 1 10 Note For Further Details On Please Refer To Below Mentioned Link Http Www Maximusinternational Document File 1658315428 Profile2022 Pdf This Story Is Provided By Businesswire India Ani Will Not Be Responsible Any Way Content Article
Indian firm bets on Quantum Lubricants for its expansion - Vimarsana News

Indian firm bets on Quantum Lubricants for its expansion

Indian firm MX Africa Limited has signed a deal to acquire the balance of a 49 percent stake in Quantum Lubricants Limited.

Maximus Group Acquires 100 Percent Control of Its Manufacturing Step-down Subsidiary in Kenya - Vimarsana News

Maximus Group Acquires 100 Percent Control of Its Manufacturing Step-down Subsidiary in Kenya

With the ongoing acquisition of the 49 percent, MXAL will take total control over QLLs entire operations.MILs Managing Director, Mr. Deepak Raval said This acquisition of 49 percent in QLL is a part of our on-going global expansion plan.

MIL plans big foray into E Africa, triple manufacturing capacity over next 3-year period - Vimarsana News

MIL plans big foray into E Africa, triple manufacturing capacity over next 3-year period

Mumbai (Maharashtra) [India], July 19 (ANI/PNN): Maximus International Limited (MIL) has drawn up an over Rs 25-crore expansion plan for East African operations, over the next 2-3 years

Maximus to triple capacity, expand footprint in East Africa, aims to achieve 20 per cent CAGR - Vimarsana News

Maximus to triple capacity, expand footprint in East Africa, aims to achieve 20 per cent CAGR

Vadodara (Gujarat) [India], July 15 (ANI/PRNewswire): Maximus International Limited (MIL) has drawn-up an over Rs 25-crore expansion plan for East African operations, over the next 2-3-years.