Alfred Herbert (India) consolidated net profit rises 100.00% in the March 2025 quarter
Sales rise 40.00% to Rs 0.70 crore
Net profit of Alfred Herbert (India) rose 100.00% to Rs 0.04 crore in the quarter ended March 2025 as against Rs 0.02 crore during the previous quarter ended March 2024. Sales rose 40.00% to Rs 0.70 crore in the quarter ended March 2025 as against Rs 0.50 crore during the previous quarter ended March 2024.
For the full year,net profit rose 847.76% to Rs 6.35 crore in the year ended March 2025 as against Rs 0.67 crore during the previous year ended March 2024. Sales rose 11.06% to Rs 2.41 crore in the year ended March 2025 as against Rs 2.17 crore during the previous year ended March 2024.
Particulars Quarter Ended Year Ended Mar. 2025 Mar. 2024 % Var. Mar. 2025 Mar. 2024 % Var. Sales 0.700.50 40 2.412.17 11 OPM % 7.1422.00 - 327.3932.72 - PBDT 0.060.11 -45 7.890.69 1043 PBT -0.160.07 PL 7.110.51 1294 NP 0.040.02 100 6.350.67 848
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Time of India
38 minutes ago
- Time of India
State Bank India cuts SB rate to lowest, FDs' by 25 base points
Representative image (Photo: ANI) MUMBAI: India's largest lender, State Bank of India, has cut returns for depositors again. Effective June 15, the bank reduced interest rates on retail term deposits of up to Rs 3 crore by 25 basis points across tenures. Simultaneously, it brought down the savings account rate to 2.5 per cent, its lowest ever. These cuts apply to both new and renewing deposits, reflecting a wider easing in deposit yields after the RBI reduced the repo rate by 50 basis points earlier this month. The rationale behind the uniform cut is protect the bank's margins. Around 45 per cent of SBI's Rs 36 lakh crore loan book is linked to the repo rate. These include home loans (Rs 8.3 lakh crore) and auto loans (Rs 1.2 lakh crore). The bank's best home loan rates for new loans are now 7.5 per cent. The cut in the benchmark rate is estimated to lower the bank's annual interest income by about Rs 8,100 crore. Reducing savings deposit rates is the most immediate way for SBI to limit that hit. The cut in savings deposit rates, in particular, provides quicker relief. With Rs 23 lakh crore in such accounts, the lower payout enables the bank to save an estimated Rs 5,750 crore annually. SBI is not alone. HDFC Bank recently trimmed its savings account rate on high-value deposits to a flat 2.75 per cent across balances and lowered fixed deposit rates by up to 25 basis points. ICICI Bank, Canara Bank, and YES Bank have also cut fixed deposit rates. These moves aim to protect net interest margins at a time when credit growth is moderating. For depositors, it marks yet another reduction in already low returns. The deregulation of savings rates had raised hopes of more competition among banks, but the trend has gone the other way. SBI's savings rate, which was 4 per cent in the early 2000s, slipped to 3.5 per cent by 2003, fell further over the next decade, and hit 2.7 per cent by 2020. Stay informed with the latest business news, updates on bank holidays and public holidays . AI Masterclass for Students. Upskill Young Ones Today!– Join Now
Time of India
43 minutes ago
- Time of India
High on mangoes! State's first mango winery gets inaugurated in Malihabad
Lucknow: Looking for a wine tour? Now, look no farther than the city outskirts. On Sunday, the first winery that is going to produce alcoholic beverages through mango and a variety of local fruits was flagged off in Malihabad's Mal area. Set up inside a 100-acre mango orchard, the winery has been set up with a budget of close to Rs 10 crore. Excise minister Nitin Agarwal inaugurated the facility along with other senior officials. Winery founder and operator Madhavendra Deo Singh said that the products would be available at the winery for those who want to buy it and day tour would be on offer after two months. A native of Mal area, Madhvendra said that four products are ready for the launch which have been produced only with the locally grown fruits at the farm and by the farmers in the Mal – Malihabad region. To be priced between Rs 300 and Rs 1,200 the wine bottles would be available in various sizes. "I want to emphasise that wine produced at our establishment is made using only natural ingredients and without any chemicals. I can assure you that we would not be adding ethanol or added sugars as we go forward as well," said the 40-year-old horticulturist who pursued MBA in agricultural business management. Singh set up a private company named Mbrosia Nature Living two years ago before signing up a memorandum of understanding with the horticulture department of the UP govt during the last investors' summit. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Esse novo alarme com câmera é quase gratuito em Senador Canedo (consulte o preço) Alarmes Undo To attract investments and boost income of the farmers, the excise department in March 2022 had introduced the concept of 'made in UP' wine. No excise duty is levied over the beverages that are produced using local fruits. Singh said that the four products that are ready to hit the stores have been made using mango, honey, mulberry, mint among other local fruits. "We have also made braggot, a hybrid beverage combining elements of both beer and mead," he added.
Time of India
43 minutes ago
- Time of India
FD turned into policy without nod, insurance company told to pay back Rs 3.5L
Ghaziabad: The District Consumer Dispute Redressal Commission last week ordered an insurance company to refund Rs 3.5 lakh that was taken from a city resident whose fixed deposit for her minor daughter was converted into an insurance policy without consent years ago. Ritu Garg, the complainant, approached the commission in 2021, alleging that four years ago, an official of AU Small Finance Bank — Rohit Jain — approached her to open a fixed deposit account for her daughter. Garg told the court that she was told the FD would give her 8.5% in returns. Garg opted to go ahead with the FD and deposited two instalments of Rs 1.17 lakh each in 2018 and 2019. Instead of creating an FD, the bank allegedly redirected the funds to Future Generali Insurance Company as premium for a life insurance policy. Garg said she only became aware of this in 2020, when she was informed about the policy by her portfolio manager. The insurance company argued that Garg's claim was false as she had received policy papers. She did not raise any complaints within the 15-day free-look period after being issued the New Saral Anand policy, the company argued. The bank also denied responsibility, saying that its employee – Jain – would not have encouraged an account holder to open a fixed deposit. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Audiologists Furious About United States' New Highest Rated Hearing Device Top Trending News Today Learn More Undo It argued that Garg willingly took the insurance policy. After hearing both sides, the commission -- led by president Praveen Kumar Jain and member RP Singh -- concluded on June 11 that Garg made several attempts in 2020 to have the funds returned. Despite her letters to the bank, stating the money was directed to an insurance policy without her consent, the bank maintained that the interest rate would be comparable to a fixed deposit. The insurance company also told the commission that the premium amount was returned to Garg, but it failed to provide documentary proof. The commission found both the bank and the insurance company guilty of deficiency in services provided to the customer under the Consumer Protection Act. It directed the insurance company to return the entire amount of Rs 3.5 lakh with 6% interest (from the date of the complaint filed) to Garg. It also directed the bank and the insurance company to each pay Rs 5,000 as fine to Garg within 45 days of the judgment.
