Business EconomyPosted at: Nov 8 2024 8:27PM

Inox India profit jumps 10 pc to Rs 50 crore in Q2, revenue surges 21 pc

New Delhi, Nov 8 (UNI) Inox India on Friday reported a 10% year-on-year (YoY) rise in profit to Rs 50.1 crore for July-September quarter (Q2) of the current financial year 2024-25.
The company had posted a profit of Rs 45.5 crore in the Q2 of the previous financial year 2023-24.
Inox India's total revenue during the September quarter this year jumped 21% year-on-year to Rs 320 crore as against Rs 264.6 crore in the corresponding period of the previous financial year.
"Reflecting continued robust growth and progress in financial and operational performance, the company reported quarterly revenues of Rs 320 crore, representing a 21% increase YoY, EBITDA at Rs 77.3 crore, up by 17.7%, and profit after tax (PAT) at Rs 50.1 crore, reflecting 10% YoY growth," Inox India said in a media release.
The company reported order inflows totalling Rs 366 crore in the second quarter with total order backlog reaching the highest-ever mark of Rs 1178 crore.
Deepak Acharya, Chief Executive Officer, Inox India, said, “Building on last quarter’s outstanding performance, we are thrilled to report another period of exceptional growth and innovation. Our continued success is driven by a strong influx of orders and our proven execution capabilities, reflecting the strength of our strategies and our commitment to delivering impactful results. The momentum in our growth trajectory remains steady, with each segment making significant contributions to our overall progress."
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Tags: #Inox India profit jumps 10 pc to Rs 50 crore in Q2 # revenue surges 21 pc

NABARD, J&K Officials review progress of sanctioned projects of roads and bridge

09 Dec 2024 | 8:15 PM

Jammu, Dec 9 (UNI) The Chief Engineer, PWD, Pir Panjal Zone, Anil Pandohi, and Assistant General Manager, NABARD, Sanjeev Sharma on Monday reviewed the physical progress under 307 rural connectivity projects sanctioned under ongoing tranches of RIDF with an assistance of ₹1130.00 Crore at a meeting in Rajouri, Poonch and Reasi Districts of the Union Territory.

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HYDERABAD, DEC 9 (UNI):- Statue of Telangana Thalli, unveiled by Telangana Chief Minister Revanth Reddy, at the Secretariat in Hyderabad on Monday. UNI PHOTO-171U

HYDERABAD, DEC 9 (UNI):- Telangana Chief Minister Revanth Reddy unveiling the statue of Telangana Thalli at the Telangana Secretariat in Hyderabad on Monday. UNI PHOTO-168U

KALININGRAD, DEC 9 (UNI):- INS Tushil, the latest multi-role stealth-guided missile frigate, commissioned into the Indian Navy in the presence of Union Minister for Defence, Rajnath Singh at the Yantar Shipyard, in Kaliningrad, Russia on Monday. UNI PHOTO-167U

BADRINATH/KEDARNATH, DEC 9 (UNI):- Fresh snowfall in Char Dham Kedarnath/Badrinath in Uttarakhand on Monday. UNI PHOTO-165U

BADRINATH/KEDARNATH, DEC 9 (UNI):- Fresh snowfall in Char Dham Kedarnath/Badrinath in Uttarakhand on Monday. UNI PHOTO-164U

KALININGRAD, DEC 9 (UNI):- INS Tushil, the latest multi-role stealth-guided missile frigate, commissioned into the Indian Navy in the presence of Union Minister for Defence, Rajnath Singh at the Yantar Shipyard, in Kaliningrad, Russia on Monday. UNI PHOTO-163U

KALININGRAD, DEC 9 (UNI):- INS Tushil, the latest multi-role stealth-guided missile frigate, commissioned into the Indian Navy in the presence of Union Minister for Defence, Rajnath Singh at the Yantar Shipyard, in Kaliningrad, Russia on Monday. UNI PHOTO-162U

HYDERABAD, DEC 9 (UNI):- Telangana Chief Minister Revanth Reddy unveiling the statue of Telangana Thalli at the Telangana Secretariat in a grand ceremony in Hyderabad on Monday. UNI PHOTO-161U

KALININGRAD, DEC 9 (UNI):- Union Minister for Defence, Rajnath Singh in a group photograph during commissioning ceremony of INS Tushil at the Yantar Shipyard, in Kaliningrad, Russia on Monday. UNI PHOTO-170U

KALININGRAD, DEC 9 (UNI):- Union Minister for Defence, Rajnath Singh graces commissioning ceremony of INS Tushil at the Yantar Shipyard, in Kaliningrad, Russia on Monday. UNI PHOTO-169U

KALININGRAD, DEC 9 (UNI):- INS Tushil, the latest multi-role stealth-guided missile frigate, commissioned into the Indian Navy in the presence of Union Minister for Defence, Rajnath Singh at the Yantar Shipyard, in Kaliningrad, Russia on Monday. UNI PHOTO-166U

KALININGRAD, DEC 9 (UNI):- Union Minister for Defence, Rajnath Singh graces commissioning ceremony of INS Tushil at the Yantar Shipyard, in Kaliningrad, Russia on Monday. UNI PHOTO-160U

KALININGRAD, DEC 9 (UNI):- Union Minister for Defence, Rajnath Singh graces commissioning ceremony of INS Tushil at the Yantar Shipyard, in Kaliningrad, Russia on Monday. UNI PHOTO-159U

PANIPAT, DEC 9 (UNI):- Gathering at foundation stone laying of various projects at Panipat, in Haryana on Monday. Prime Minister Narendra Modi addressing on the occasion. UNI PHOTO-157U

PATNA, DEC 9 (UNI):- Bihar Congress president Akhilesh Singh with party leaders celebrates 78th birthday of former AICC President Sonia Gandhi, in Patna on Monday. UNI PHOTO-156U

PANIPAT, DEC 9 (UNI):- Gathering at foundation stone laying of various projects at Panipat, in Haryana on Monday. Prime Minister Narendra Modi addressing on the occasion. UNI PHOTO-155U

PATNA, DEC 9 (UNI):- Bihar chief minister Nitish Kumar with Deputy CMs Samrat Chaudhary and Vijay Kumar Sinha during Pre-convocation ceremony of Bihar Engineering University, in Patna on Monday. UNI PHOTO-154U

PATNA, DEC 9 (UNI):- Bihar Congress supporters celebrates 78th birthday of former AICC President Sonia Gandhi, in Patna on Monday. UNI PHOTO-153U

PANIPAT, DEC 9 (UNI):- Gathering at foundation stone laying of various projects at Panipat, in Haryana on Monday. Prime Minister Narendra Modi addressing on the occasion. UNI PHOTO-152U