Blue Dart gives good results amid pandemic Blue Dart announces Q1 financial results with sales clocking in at ₹8,648 million Mumbai, July 30 2021: Blue Dart Express Limited, South Asia's premier express air and integrated transportation & distribution company, declared its financial results today for the quarter ended June 2021, at its Board Meeting held in Mumbai today. The company posted ₹ 294 million profit after tax (previous year corresponding quarter loss of ₹1,279 million) for the quarter ended June 30, 2021; Revenue from operations for the quarter ended June 30, 2021 stood at ₹8,648 million. Performance Highlights: Q1 FY2022 vs. Q1 FY2021 STANDALONE Revenue from operations of ₹8,648 million, growth of 109% YOY EBITDA of ₹892 million compared to ₹ -1160 million in Q1 FY2021 EBITDA margin at 10.24% compared to -27.86% in Q1 FY2021 PAT of ₹294 million compared to ₹ -1279 million in Q1 FY2021 EPS at ₹12.38 as compared to ₹-53.92 in Q1 FY2021 Performance Highlights: Q1 F
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Kansai Nerolac Paints Ltd
Kansai Nerolac Paints Ltd Announces Q1 Results FY 2021-2022 Mumbai, July 30, 2021 : Kansai Nerolac Paints Limited (KNPL) , one of the leading Paint companies in India, today at the Board meeting announced its unaudited results for the first quarter of financial year 2021-22. For the quarter, the company declared Net revenue of Rs. 1301.2 Crores, a growth of 117.6 % over the corresponding quarter of the previous year. EBIDTA was at Rs. 187.1 Crores, a growth of 132.4 % over the same quarter of the previous year. PAT was at Rs 118.7 Crores, a growth of 177.8 % over the same quarter of the previous year. Commenting on the results, Mr. H. M. Bharuka, Vice Chairman and Managing Director, Kansai Nerolac Paints Ltd said , “The quarter began on an extremely positive note. With the announcement of the lockdown across several states towards the end of April, demand was once again affected across both Decorative and Industrial in April and May. In June there was a revival in Decorativ
Devyani International Limited
KFC, Pizza Hut, & Costa Coffee franchisor, Devyani International Limited to launch its Initial Public Offer on August 4, 2021; sets Price Band at Rs 86-90 per equity share · Price Band of Rs. 86 – Rs. 90 per equity share of face value of Rs. 1 each (“Equity Shares”) · Bid/Offer Opening Date – Wednesday, August 4, 2021 and Bid/Offer Closing Date – Friday, August 6, 2021 · Minimum Bid Lot is 165 Equity Shares and in multiples of 165 Equity Shares thereafter · The Floor Price is 86 times the face value of the Equity Share and the Cap Price is 90 times the Face Value of the Equity Share Risks to Investors: • The three Global Coordinators and Book Running Lead Managers and one Book Running Lead Manager (collectively the " Lead Managers ") associated with the Offer have handled 24 public issues in the past three years, out of which 6 issues closed below the issue price on listing date.• The Price/Earnin
Turkey
Turkey has its 19 th UNESCO Cultural Heritage Site with Arslantepe Mound Turkey, the land of historic significance and a nation with great cultural depths, is now offering more incredible reasons for travelers across the globe to visit the country. The Arslantepe Mound, a 8000-year old archaeological mound was inscribed on UNESCO's list of World Heritage sites positioning Turkey as a destination with a record number of recognition for its cultural heritage sites. The announcement was done during the recently held Extended 44 th UNESCO World Heritage Committee online session in Fuzhou, China. According to a statement by the Ministry of Culture and Tourism of the Republic of Turkey, Arslantepe Mound had been on UNESCO’s World Heritage Tentative List since 2014, and it is one of Turkey’s “earliest religious and civil sites.” Turkey is a land of world heritage sites offering incredible travel opportunities. Many civilizations from the earliest ages of humanity have settled in T
अर्ध्या दिवसात 1 मिलीयन व्ह्युज मिळालेले 'आपली यारी' पहिले मराठी गाणे! नादखुळा म्युझिक लेबलच्या आपली यारी गाण्याने विक्रम केला आहे. ह्या गाण्याला निव्वळ 12 तासांमध्येच 1 मिलीयन व्ह्युज मिळाले. 'मराठी इंडस्ट्रीतला मिलीयनियर म्युझिक डायरेक्टर' अशी ओळख असलेल्या प्रशांत नाकतीच्या नावावर अजून एक विक्रम नोंदवला गेला आहे. अभिनेत्री प्रार्थना बेहेरेने गुरूवारी आपली यारी हे गाणे सोशल मीडियाव्दारे लाँच केले. बॉलीव़ूड निर्माता निखील नमीत आणि प्रार्थना बेहेरे गेले दहा वर्षापासून जवळचे मित्र आहेत. आपल्या मैत्रीच्या दशकपूर्ती निमीत्ताने प्रार्थनाने निखील नमीतच्या नादखुळा म्युझिक लेबलचे आपली यारी हे गाणे नुकतेच सोशल मीडियाव्दारे रिलीज केले. फ्रेंडशीपडेच्या मुहूर्तावर आलेल्या ह्या गाण्यामध्ये पहिल्यांदाच दहा मराठी सोशल मीडिया इन्फ्लुएन्सर दिसत आहेत. अभिनेत्री प्रार्थना बेहेरे म्हणाली, “ नादखुळा ह्या निखीलच्या म्युझिक लेबलवर फ्रेंडशीप डे निमीत्ताने आपली यारी हे गाणे लाँच होतंय. आणि ते मला लाँच करायची संधी मिळाली, ह्याचा मला आनंद आहे. निखीलची आणि माझी मैत्री खूप जूनी आहे. त्यामूळे आम
Government of Odisha approves industrial projects of IOCL, HPCL and 5 others worth INR 2083.88 Crore at the 102nd SLSWCA meet ● State Level Single Window Clearance Authority of the Government of Odisha, headed by the Chief Secretary, approves seven investment proposals generating employment opportunities for over 2,144 persons in the state. Bhubaneswar, 30th Jul 2021: The 102nd meeting of the State Level Single Window Clearance Authority (SLSWCA) held today under the chairmanship of the Chief Secretary of Odisha, Shri Suresh Chandra Mahapatra (IAS) approved 7 industrial projects including 3 grain-based Ethanol plants to the tune of INR 2083.88 crore. Other projects belong to the Renewable Energy, Logistic and Tourism sectors. These industrial projects are further expected to create employment opportunities for 2,144 persons in the state. The details of the seven projects for which in-principle approval was accorded by SLSWCA is listed below: ● A 500 KLPD grain-based Et
Decarbonizing the future of Indian mining, Hindustan Zinc in partnership with Normet Group Oy introduces Normet SmartDrive - a modular Battery Electric Vehicle (BEV) - Hindustan Zinc will become the first mining company in India to introduce utility electric vehicles in underground mines - The partnership with Normet Group Oy for SmartDrive vehicles will help to significantly reduce carbon emissions - Normet SmartDrive EV will significantly help HZL in saving a huge amount in HSD (High Speed Diesel) and its maintenance Udaipur, 30 th July 2021 : In a pioneering move to decarbonise Indian Mining, Hindustan Zinc today signed a Memorandum of Understanding (MoU) with the Finnish technology firm Normet Group Oy to introduce battery-powered service equipment and utility vehicle in underground mining. Taking a step closer to achieving carbon neutrality, Hindustan Zinc is set to introduce Normet SmartDrive Vehicles (NSDVs) in their underground mines, enabling the mine
Exxaro Tiles Limited
Vitrified Tiles Major, Exxaro Tiles Limited’s IPO to open on August 04, 2021 · Price Band of Rs. 118 – Rs. 120 per equity share of face value of Rs. 10 each (“Equity Share”) · Bid/Offer Opening Date – Wednesday, August 04, 2021 and Bid/Offer Closing Date – Friday, August 06, 2021 · Minimum Bid Lot is 125 Equity Shares and in multiples of 125 Equity Shares thereafter · The price earnings ratio based on diluted EPS for Fiscal 2021 for the Company at the upper end of the Price band is 26.43 as compared to the average industry peer group PE ratio of 42.76 Risks to Investors: • The one book running lead manager associated with the Offer have handled 30 public issues in the past three years, out of which 5 issues closed below the issue price on listing date. • The Price/Earnings ratio based on diluted EPS for Fiscal 2021 for the Company at the upper end of the Price band is 26.43 as compared to the average industry peer group PE ratio of 42.76. • Weigh
HomeFirst Finance
HomeFirst Finance - Q1 29th July 2021, Mumbai HomeFirst is a technology driven affordable housing finance company that targets first time buyers in low and middle - income groups. The company was listed in Feb'21 on Bombay Stock Exchange & National Stock Exchange of India. Particulars Q1FY22 Q1FY21 YoY Q4FY21 QoQ AUM (INR Crs) ^ 4294 3623 +18.5% 4141 +3.7% Disbursement (INR Crs) 305 53 +476.9% 452 -32.6% Total Income (INR Crs) 142 134 +5.8% 136 +4.8% PAT (INR Crs) 35 39 -9.1% 31 +12.2% Spread (%) * 5.5% 4.6% +90 bps 5.4% +10 bps ROA (%) 3.1% 4.3% -120 bps 2.9% +20 bps Gross Stage 3 (%) ^ 1.9% 1.0% +90 bps 1.8% +10 bps Cost to Income (%) 32.1% 28.8% +330 bps 38.0% -590 bps *IGAAP basis. ^ Data as on period end Key Highlights for Q1 FY22: Vaccination Ÿ 99% of the employees are now vaccinated with at least one dose. Ÿ All empl