Accel reports consolidated net loss of Rs 0.03 crore in the March 2025 quarter
Sales decline 7.52% to Rs 46.12 crore
Net loss of Accel reported to Rs 0.03 crore in the quarter ended March 2025 as against net profit of Rs 0.90 crore during the previous quarter ended March 2024. Sales declined 7.52% to Rs 46.12 crore in the quarter ended March 2025 as against Rs 49.87 crore during the previous quarter ended March 2024.
For the full year,net profit declined 41.21% to Rs 2.04 crore in the year ended March 2025 as against Rs 3.47 crore during the previous year ended March 2024. Sales declined 2.42% to Rs 163.05 crore in the year ended March 2025 as against Rs 167.09 crore during the previous year ended March 2024.
Particulars Quarter Ended Year Ended Mar. 2025 Mar. 2024 % Var. Mar. 2025 Mar. 2024 % Var. Sales 46.1249.87 -8 163.05167.09 -2 OPM % 7.728.64 - 8.7510.18 - PBDT 3.333.26 2 10.4011.77 -12 PBT 1.631.83 -11 4.174.90 -15 NP -0.030.90 PL 2.043.47 -41
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Time of India
34 minutes ago
- Time of India
Rupee rises 12 paise to 85.43 against US dollar in early trade
Live Events (You can now subscribe to our (You can now subscribe to our ETMarkets WhatsApp channel The rupee appreciated by 12 paise to 85.43 against the US dollar in early trade on Monday on the back of a weak American currency and favourable macroeconomic data that fuelled hope of a further reduction in key interest rate in the RBI's upcoming monetary a volatile equity market, outflow of foreign funds and higher crude oil prices amid global trade related uncertainties weighed on the Indian currency, according to forex traders Analysts also said that market participants will be closely monitoring key macroeconomic announcements for further Monetary Policy Committee (MPC) will begin the deliberations on its next bi-monthly policy on June 4 and the outcome is scheduled to be announced on June PMI (Purchasing Managers' Index) data for manufacturing and services sectors is also expected to be announced this the interbank foreign exchange, the domestic unit opened at 85.55 and gained further ground to trade at 85.43 against the greenback in initial deals, registering a rise of 12 paise from its previous rupee ended 7 paise lower at 85.55 against the dollar on the dollar index, which gauges the greenback's strength against a basket of six currencies, was trading lower by 0.05 per cent at crude, the global oil benchmark, rose 2.12 per cent to USD 64.11 per barrel in futures the domestic equity market, the 30-share BSE Sensex tumbled 709.10 points, or 0.87 per cent, to 80,741.91, while the Nifty dropped 196.00 points or 0.79 per cent to 24,554.70. Foreign institutional investors (FIIs) sold equities worth Rs 6,449.74 crore on a net basis on Friday, according to exchange to the latest govern data released on Friday, the Indian economy expanded at a faster pace than expected in the last quarter of the 2024-25 fiscal. The GDP growth rate of 7.4 per cent in January-March period of FY25 reflected a strong cyclical rebound that was helped by a rise in private consumption and robust growth in construction and government also managed to meet its fiscal deficit target of 4.8 per cent of the GDP for 2024-25, according to the provisional data released by the Controller General of Accounts on country's gross GST collection remained above the Rs 2 lakh crore mark for the second month in a row, rising 16.4 per cent in May to over Rs 2.01 lakh crore. Goods and Services Tax (GST) collection had touched a record high of Rs 2.37 lakh crore in Reserve Bank's weekly data released on Friday showed India's forex reserves jumped by USD 6.992 billion to USD 692.721 billion during the week ended May 23. The reserve had dropped by USD 4.888 billion to USD 685.729 billion in the preceding week. PTI
Time of India
38 minutes ago
- Time of India
Why is the stock market down today? Sensex slumps over 700 pts, Nifty slips below 24,600; 5 key reasons behind the decline
Here are five key reasons behind today's market decline: 1. U.S. tariffs on metals threaten Indian exporters Live Events 2. Weak global cues and trade tension jitters 3. Caution ahead of U.S. Fed commentary and jobs data 4. Domestic selloff in key sectors 5. Russia-Ukraine conflict (You can now subscribe to our (You can now subscribe to our ETMarkets WhatsApp channel Indian equity benchmarks fell sharply on Monday, with the Sensex and Nifty trading lower amid selling pressure in metal and IT stocks. The weakness overshadowed India's strong GDP growth figures, as global cues remained mixed and investors turned cautious ahead of key U.S. macroeconomic around 9:42 am, the BSE Sensex had declined 704 points, or 0.86%, to 80,747, while the Nifty50 was down 168 points, or 0.68%, at 24, overall market capitalisation of BSE-listed companies dropped by Rs 2.06 lakh crore to Rs 442.13 lakh crore. The Nifty Metal index led the losses with a 1.4% decline, while the Nifty IT index fell 1.25%, weighed down by concerns over the U.S. economy and trade policy. Broader markets also remained under pressure, with small-cap and mid-cap indices slipping 0.3% economy had posted a strong 7.4% GDP growth in the January–March quarter, driven by manufacturing and construction. However, that optimism failed to lift sentiment amid external sentiment turned sour after U.S. President Donald Trump announced plans to double tariffs on imported steel and aluminium to 50%, effective June 4, 2025. This move is expected to adversely affect Indian metal exporters like Tata Steel Hindalco , and NALCO , which have significant exposure to the U.S. exported $4.56 billion worth of iron, steel, and aluminium products to the U.S. in FY2025. The tariff escalation, though not immediately impacting trade, has added uncertainty and is weighing on stocks in the metal sector."President Trump's 50% tariffs on steel and aluminium is a clear message that the tariff and trade scenario will continue to be uncertain and turbulent. This headwind will impact markets," said Dr. VK Vijayakumar, Chief Investment Strategist, Geojit and European markets showed signs of stress as investors grappled with the implications of escalating U.S.-China trade tensions. Japan's Nikkei dropped 1.4%, Hong Kong lost 2.5%, and U.S. futures also edged lower — with S&P 500 and Nasdaq futures down up to 0.5%.Markets are also uncertain about whether the U.S. will follow through with the tariff hike, creating additional volatility. While some regional indices like South Korea's gained slightly due to political optimism, the overall sentiment remained Read: India's top 10 priciest stocks in 2025: MRF to Elcid, see who tops the list Investors are bracing for a heavy week of macroeconomic updates from the U.S., especially the non-farm payrolls report and Federal Reserve commentary, which could influence the path of interest U.S. Senate is also set to consider a $3.8 trillion tax-and-spending bill, adding to concerns about the country's ballooning $36.2 trillion federal debt. As a result, long-term U.S. Treasury yields are nearing the critical 5% mark, which is adding to pressure on global equity Governor Christopher Waller on Monday indicated that rate cuts are still possible this year, but much will depend on incoming data. For now, markets are pricing in a 75% chance of a rate cut in September, though the Fed has not explicitly confirmed this home, selling was broad-based across sectors. Metal and IT stocks, which have global exposure, were among the hardest hit, reflecting external risks. Additionally, 10 of the 13 major sectoral indices on the NSE opened in the strong domestic data — with India's Q4 GDP growth at 7.4% — was not enough to support markets. Investors appear to be locking in gains after recent highs, as global uncertainties loom large over the near-term geopolitical concerns also weighed on investor sentiment after Ukraine launched drone attacks on five airbases deep inside Russian territory, reportedly destroying several aircraft. The incident comes just ahead of a scheduled peace summit in Turkey, raising fears of a possible escalation in the conflict if Russia intensification of the Russia-Ukraine war could disrupt global supply chains, especially in energy and commodities, leading to renewed volatility in global Read: Ola Electric, Kalyan Jewellers among 10 firms where promoters pledge increased in Q4
Economic Times
40 minutes ago
- Economic Times
Rupee rises 12 paise to 85.43 against US dollar in early trade
The rupee saw gains against the US dollar due to positive economic data and expectations surrounding the Reserve Bank of India's monetary policy. Strong GDP growth and GST collections support this. However, volatile stock markets, foreign fund outflows, and rising crude oil prices create headwinds. The RBI's policy decision and PMI data are keenly awaited by the market. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Popular in Markets 1. US dollar declines as traders assess tariff outlook Tired of too many ads? Remove Ads The rupee appreciated by 12 paise to 85.43 against the US dollar in early trade on Monday on the back of a weak American currency and favourable macroeconomic data that fuelled hope of a further reduction in key interest rate in the RBI's upcoming monetary a volatile equity market, outflow of foreign funds and higher crude oil prices amid global trade related uncertainties weighed on the Indian currency, according to forex traders Analysts also said that market participants will be closely monitoring key macroeconomic announcements for further Monetary Policy Committee (MPC) will begin the deliberations on its next bi-monthly policy on June 4 and the outcome is scheduled to be announced on June PMI (Purchasing Managers' Index) data for manufacturing and services sectors is also expected to be announced this the interbank foreign exchange, the domestic unit opened at 85.55 and gained further ground to trade at 85.43 against the greenback in initial deals, registering a rise of 12 paise from its previous rupee ended 7 paise lower at 85.55 against the dollar on the dollar index, which gauges the greenback's strength against a basket of six currencies, was trading lower by 0.05 per cent at crude, the global oil benchmark, rose 2.12 per cent to USD 64.11 per barrel in futures the domestic equity market, the 30-share BSE Sensex tumbled 709.10 points, or 0.87 per cent, to 80,741.91, while the Nifty dropped 196.00 points or 0.79 per cent to 24,554.70. Foreign institutional investors (FIIs) sold equities worth Rs 6,449.74 crore on a net basis on Friday, according to exchange to the latest govern data released on Friday, the Indian economy expanded at a faster pace than expected in the last quarter of the 2024-25 fiscal. The GDP growth rate of 7.4 per cent in January-March period of FY25 reflected a strong cyclical rebound that was helped by a rise in private consumption and robust growth in construction and government also managed to meet its fiscal deficit target of 4.8 per cent of the GDP for 2024-25, according to the provisional data released by the Controller General of Accounts on country's gross GST collection remained above the Rs 2 lakh crore mark for the second month in a row, rising 16.4 per cent in May to over Rs 2.01 lakh crore. Goods and Services Tax (GST) collection had touched a record high of Rs 2.37 lakh crore in Reserve Bank's weekly data released on Friday showed India's forex reserves jumped by USD 6.992 billion to USD 692.721 billion during the week ended May 23. The reserve had dropped by USD 4.888 billion to USD 685.729 billion in the preceding week. PTI
