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LT Foods Q1 result: Profit up 13% to Rs 155.3 cr, revenue up 16.4%

Business Standard 

LT Foods Ltd on Thursday reported a 13 per cent increase in consolidated net profit to Rs 155.28 crore for the first quarter ended on June 30, 2024. It had reported a net profit of Rs 137.44 crore for the April-June quarter a year ago, according to a regulatory filing from LT Foods Ltd, which owns basmati rice brands Daawat and Royal. Its revenue from operations was up 16.44 per cent to Rs 2,070.50 crore during the quarter under review compared to Rs 1,778.07 crore a year ago. Total expenses for... Читать дальше...

Vedanta Aluminium, NITI Aayog hold stakeholder meet on red mud utilisation

Business Standard 

Vedanta Aluminium in partnership with NITI Aayog held a high-level stakeholder meeting to identify sustainable applications for red mud, a key byproduct in the bauxite refining process for making aluminium, a release said on Thursday. The experts congregated at the 8th joint meeting of the monitoring and steering committee for the project titled Technology Development for Holistic Utilization of Red Mud for Extraction of Metallic Values & Residue Utilization, the company said. Bauxite, the primary ore for aluminium... Читать дальше...

Foundation Stone Laid for Surjagad Ispat Pvt. Ltd. Steel Project in Gadchiroli

Business Standard 

Gadchiroli (Maharashtra) [India], July 25: In a landmark event, Maharashtra's Deputy Chief Ministers Devendra Fadnavis and Ajit Dada Pawar laid the foundation stone for the Surjagad Ispat Pvt. Ltd. steel project in Gadchiroli. This ambitious project, with an investment of Rs. 10,000 crore, is expected to generate employment for over 7,000 individuals, both directly and indirectly.

Guarented's Profitable Angel Investor Exit Sets Furniture Rental Industry's Benchmark

Business Standard 

New Delhi [India], July 25: Guarented, a leading name in the rental furniture and home appliances market with over 4.2+ rating on Google, and a 20,000+ active customer base, has furnished more than 80,000 homes in the past 8 years. It has carved a niche for itself through innovation, customer-centric services, and a resilient business model. Guarented, a company founded by Harshwardhan Raikwar and Abhimanyu Dikshit, IIT Kharagpur graduates, has a mission to redefine the definition of the way people... Читать дальше...


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