DSIJ Mindshare

Textile Manufacturer: Vijay Kedia's Portfolio Stock Down 10 Per Cent Amidst Weak Q3 Results

The company’s net profit showed a modest increase of 2.2 per cent YoY, reaching Rs 45.4 crore, up from Rs 44.44 crore in the previous year.

Manoj Reddy Sama 0 83 Article rating: 5.0

The company’s sales grew by 14 per cent YoY, reaching Rs 570.7 crore in Q3 FY25, compared to Rs 503.4 crore in the same period last year.

Understanding QIP: A Key Tool for Corporate Fundraising

Qualified Institutional Placement (QIP) refers to the issuance of equity shares, convertible securities, or any other financial instruments to qualified institutional buyers (QIBs) on a private placement basis.

Kiran Shroff 0 126 Article rating: 5.0

This method is primarily used by publicly listed companies to raise capital without undergoing the complexities of a public offering or rights issue.

710 Per Cent Returns: Multibagger Tyre Manufacturer Posts 47 Per Cent PAT Growth, Sales Up 12.6 Per Cent

The company posted an impressive 47.21 per cent YoY growth in its net profit, which rose to Rs 449 crore in Q3 FY25 from Rs 305 crore in Q3 FY24.

Manoj Reddy Sama 0 94 Article rating: 5.0

The company’s consolidated revenue from operations grew by 12.58 per cent YoY, reaching Rs 2,560 crore in Q3 FY25, compared to Rs 2,274 crore in the same quarter of the previous year.

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