In its quarterly results, the net sales increased by 15.85 per cent to Rs 263 crore and net profit skyrocketed by 433 per cent to Rs 30 crore in Q1FY24 compared to Q1FY23

According to the quarterly results, the net sales increased by 15.86 per cent to Rs 263 crore and the net profit increased by 433 per cent to Rs 30 crore in Q1FY24 compared to Q1FY23. The EPS for Q1FY24 stood at Rs 1.11.

 At 12.30 pm on Friday, the core equity indices i.e., Sensex and Nifty 50 were seen rebounding from yesterday’s levels as the markets react to the responses made by the West and its allies with regards to Russia’s attack on Ukraine. The Sensex was trading at 56,006.46, up by 1476.55 points or 2.71 per cent, while Nifty was at 16,929.98, up by 480.20 points or 2.92  per cent from the last trading session.