Engineering Businesses News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Old Mutual pumps K6m for Business Leadership Summit | Malawi 24: Stay up-to-date with the latest news from Malawi and around the world, 24/7

See above where we discuss more about 5D Sonars under section "About the Company's 5D and 6D Sonars Innovations" ** This is a significant patent for Offshore Renewables... | February 14, 2022

Raymond fell 1.83% to Rs 335 after the company's consolidated net profit dropped 88.9% to Rs 21.69 crore on 34.1% decline in net sales to Rs 1243.44 crore in Q3 FY21 over Q3 FY20.The company's profit before tax fell 89% to Rs 23.44 crore in Q3 FY21 over Q3 FY20. Current tax expense declined 25.4% to Rs 5.61 crore in Q3 FY21 over Q3 FY20. Consolidated EBITDA declined 30% year-on-year to Rs 157 crore in Q3 FY21 over Q3 FY20. EBITDA margin improved to 12.2% in Q3 FY21 from 11.8% in Q3 FY20. Operating cost fell 42% Y-o-Y to Rs 334 crore due to cost rationalisation. Commenting on the quarter perfo...

Raymond Ltd on Tuesday reported an 88.7 per cent plunge in its consolidated net profit to Rs 22.18 crore for the quarter ending December 2020. The company had posted a net profit of Rs 196.83 crore during the October-December period of the previous fiscal, Raymond said in a regulatory filing. Its revenue from operations was down 34.1 per cent to Rs 1,243.44 crore during the quarter under review as against Rs 1,885.43 crore in the corresponding period of the previous fiscal. Commenting on the results, Raymond Chairman & Managing Director Gautam Hari Singhania said: "With markets and channel...