DSIJ Mindshare

Union Minister for Petroleum and Natural Gas recently announced that India has achieved a 15 per cent ethanol blending rate as of May, with a goal to reach 20 per cent by 2025. Originally set for 2030, this new target underscores India's commitment to transforming its energy landscape

Operating margin also improved from 5.50 per cent in FY23 to 8.46 per cent in FY24. Notably, the net profit reported by the company in FY24 stood at Rs 9.4 crore, marking the highest in the last decade, with a significant jump of 38.2 per cent compared to FY23

"The wait is over!" And with that, the charismatic leader made his entrance, embodying humility with folded hands, yet exuding an aura of strength and determination that has come to define his leadership

"Success in investing doesn't correlate with I.Q. once you're above the level of 25. Once you have ordinary intelligence, what you need is the temperament to control the urges that get other people into trouble in investing." - Warren Buffett

The company has won three major orders from leading Public Sector Banks, which will help expand its scale of operations and further solidify its position in the industry. The execution of these orders will begin in Q4FY24, with its impact expected to commence during FY25.