
Khaitan (India) standalone net profit rises 74.62% in the March 2025 quarter
Net profit of Khaitan (India) rose 74.62% to Rs 3.44 crore in the quarter ended March 2025 as against Rs 1.97 crore during the previous quarter ended March 2024. Sales rose 60.21% to Rs 25.57 crore in the quarter ended March 2025 as against Rs 15.96 crore during the previous quarter ended March 2024.
For the full year,net profit rose 420.90% to Rs 6.98 crore in the year ended March 2025 as against Rs 1.34 crore during the previous year ended March 2024. Sales rose 32.96% to Rs 77.61 crore in the year ended March 2025 as against Rs 58.37 crore during the previous year ended March 2024.
Particulars Quarter Ended Year Ended Mar. 2025 Mar. 2024 % Var. Mar. 2025 Mar. 2024 % Var. Sales 25.5715.96 60 77.6158.37 33 OPM % 5.671.94 - 9.066.01 - PBDT 3.550.98 262 7.501.83 310 PBT 3.471.97 76 7.151.34 434 NP 3.441.97 75 6.981.34 421

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Time of India
10 minutes ago
- Time of India
IT's benami unit attaches 12 acres of tribal land near Bandhavgarh tiger reserve in MP
Bhopal: The Income Tax department 's Benami Prohibition Unit in Bhopal has provisionally attached nearly 12 acres of tribal land located in the buffer zone of Bandhavgarh Tiger Reserve in Umaria district of Madhya Pradesh. The land, valued at approximately Rs 90 lakh, was allegedly acquired using unaccounted cash by a wealthy businessman from Nagod tehsil in Satna district, in the name of his tribal employee— a benami transaction intended to bypass laws protecting tribal land. The attached properties, situated in village Tala and Village Mahaman of Tehsil Manpur, Umaria district, were purchased between 2023 and 2024 in the name of Raja, a Scheduled Tribe who worked as a driver for the accused businessman for over 20 years. All three plots are within the buffer zone of Bandhavgarh Tiger Reserve, a significant ecotourism area attracting visitors globally. Officials stated that the lands were acquired with the clear intent of commercial development, including resorts, restaurants, and homestays. Two of the plots were already under active construction for homestays, while a third strategic plot is located just 1.3 km from the Tala Gate, the main entry point to the national park, adjacent to Nature Heritage Resort, a well-known property in the region. Officials said that Raja, the registered landowner, has extremely limited means. His family of seven resides in a one-room house with a tin roof on govt land, and he lacks the financial capacity to purchase land valued in lakhs of rupees. Investigations revealed that the actual buyer, the businessman from Satna, used cash payments to acquire the land. Some payments were made directly to the tribal sellers, while other amounts were deposited into Raja's bank account and subsequently transferred to the sellers—a common method to disguise benami ownership. In notified scheduled tribal areas of Madhya Pradesh, tribal land cannot be transferred to non-tribals without specific approval from the district collector, according to Section 165(6) of the Madhya Pradesh Land Revenue Code, 1959. This regulation safeguards tribal land rights in areas with significant tribal populations. However, in this case, the businessman circumvented the restriction by registering the land in the name of his tribal employee. Officials stated that this was done deliberately to exploit loopholes and develop commercial properties in a restricted zone. Based on the findings, the IT Department's Benami Unit in Bhopal initiated proceedings under the Prohibition of Benami Property Transactions (PBPT) Act, 1988. A show-cause notice under Section 24(1) was issued to both the benamidar, Raja, and the beneficial owner, the businessman. The three land parcels, totaling 11.878 acres, have been provisionally attached under Section 24(3) of the PBPT Act, preventing their sale, transfer, or alteration during the stipulated four-month notice period. Officials highlighted that this case reflects a growing pattern of non-tribals using tribal proxies to acquire valuable land near protected zones for commercial tourism projects. Madhya Pradesh, which has the highest tribal population in India, is home to eight tiger reserves, many located in tribal-dominated regions. "These benami setups not only violate tribal land protection laws but also threaten the ecological balance of sensitive areas," said a senior official involved in the case. More such cases are being monitored, particularly around ecotourism hotspots like Bandhavgarh, Kanha, and Pench.


Time of India
15 minutes ago
- Time of India
UP steps up efforts to boost horticulture exports
Lucknow: In a step toward transforming UP into a global hub for horticultural exports, the state govt convened the inaugural meeting of the UP state horticulture export promotion board. Held at the directorate of horticulture auditorium in Lucknow, the event brought together key stakeholders, experts and policymakers to strategise the future of agricultural exports. The event was attended by the MoS for horticulture, Dinesh Pratap Singh, who highlighted the state's commitment in ensuring farmers receive better prices and international recognition for their produce. "A shining example of this success was the recent Mango Festival 2025, which played a pivotal role in branding the state's produce globally. Remarkably, mangoes from Uttar Pradesh are now being sold in Russia for as much as Rs 800 per kg," he urged exporters and FPOs to align their produce with international standards. He also said that the upcoming Jewar Airport would significantly boost air exports. A key highlight was the signing of a MoU with AFC India Ltd, promising a single-window solution for exporters.


Time of India
16 minutes ago
- Time of India
ED arrests accused in Falcon scam under PMLA
1 2 Hyderabad: Enforcement Directorate Thursday arrested Sandeep Kumar , operations head of Capital Protection Force Private Ltd and younger brother of company's chairman and managing director Amardeep Kumar. He was taken into custody under provisions of the Prevention of Money Laundering Act. Sources said Sandeep failed to cooperate with the ED regarding the funds received from the fraudulent scheme and was evasive during questioning. He was produced before a magistrate and remanded in judicial custody on Friday. The Crime Investigation Department (CID) had initially arrested Sandeep, who had earlier fled to Dubai, on June 4 while reportedly returning to India illegally via Nepal. Sandeep allegedly played a key role in the scam by overseeing the operations of Capital Protection Force, the company at the centre of the Falcon invoice discounting racket. You Can Also Check: Hyderabad AQI | Weather in Hyderabad | Bank Holidays in Hyderabad | Public Holidays in Hyderabad ED's investigation is being conducted parallel to the CID probe, based on a predicate offence registered by the state agency. CID has, so far, registered three cases under relevant sections of the Bharatiya Nyaya Sanhita and the Telangana Protection of Depositors of Financial Establishments Act. Investigators allege the accused created fictitious transactions to divert hundreds of crores of rupees. Earlier, three luxury cars worth Rs 2.5 crore were seized by the police. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like 15 Most Beautiful Female Athletes in the World Click Here Undo The ED has also begun attaching properties linked to the scam. The ED investigation has revealed that Amardeep was the mastermind behind the scam, and he developed Falcon invoice app to receive deposits from the investors. The app was widely advertised on platforms such as Google, YouTube, and other social media to attract investors. Amardeep remains on the run, even as enforcement agencies intensified efforts to trace and recover siphoned funds.