Latest news with #ApcotexIndustries
Business Standard
07-05-2025
- Business
- Business Standard
Apcotex Industries standalone net profit rises 9.47% in the March 2025 quarter
Sales rise 12.50% to Rs 349.40 crore Net profit of Apcotex Industries rose 9.47% to Rs 16.76 crore in the quarter ended March 2025 as against Rs 15.31 crore during the previous quarter ended March 2024. Sales rose 12.50% to Rs 349.40 crore in the quarter ended March 2025 as against Rs 310.58 crore during the previous quarter ended March 2024. For the full year,net profit rose 0.33% to Rs 54.06 crore in the year ended March 2025 as against Rs 53.88 crore during the previous year ended March 2024. Sales rose 23.81% to Rs 1392.36 crore in the year ended March 2025 as against Rs 1124.55 crore during the previous year ended March 2024. Particulars Quarter Ended Year Ended Mar. 2025 Mar. 2024 % Var. Mar. 2025 Mar. 2024 % Var. Sales 349.40310.58 12 1392.361124.55 24 OPM % 11.0110.08 - 8.9610.13 - PBDT 35.0129.53 19 117.83106.06 11 PBT 24.4821.41 14 76.2574.52 2 NP 16.7615.31 9 54.0653.88 0
Business Standard
07-05-2025
- Business
- Business Standard
Apcotex Inds spurts after Q4 PAT rises 9% YoY to Rs 17 cr
Apcotex Industries rallied 7.80% to Rs 329 after the company's standalone net profit increased 9.41% to Rs 16.75 crore in Q4 FY25 as compared with Rs 15.31 crore in Q4 FY24. Revenue from operations jumped 12.5% year on year to Rs 349.39 crore during the quarter ended 31st March 2025. Profit before tax (PBT) stood at Rs 24.47 crore in Q4 FY25, up 14.29% YoY. Total expenses increased 11.88% to Rs 325.85 crore in Q4 FY25 as compared with Rs 291.24 crore in Q4 FY24. Cost of material consumed stood at Rs 241.25 crore (up 6.94% YoY), employee benefit expenses was at Rs 20.841 crore (up 20.71% YoY), finance cost stood at Rs 4.38 crore (up 13.77% YoY) during the period under review. On full year basis, the companys standalone net profit increased 0.35% to Rs 54.06 crore in FY25 as compared with Rs 53.87 crore in FY24. Revenue from operations increased 23.81% to Rs 1,392.35 crore in FY25 as against Rs 1,124.55 crore in FY24. Meanwhile, the companys board recommended a final dividend of Rs 4.50 per equity share of the face value of Rs 2 each for FY25. Apcotex Industries is a leading producer of Synthetic Rubber (Nitrile Rubber, High Styrene Rubber, Nitrile Polyblends and Nitrile Powder) and Synthetic Latex (XSB Latex, VP Latex, Styrene Acrylics and Nitrile Latex) in India.
Business Standard
07-05-2025
- Business
- Business Standard
Nifty slides below 24,350; media shares slide
The headline equity benchmarks traded with limited losses in the morning trade as investors reacted to news of Operation Sindoor, a targeted strike by Indian forces on terror sites in response to the recent Pahalgam attack. The operation was described as focused and restrained, avoiding Pakistani military targets. The Nifty traded below the 24,350 mark. The market could be volatile due to rising INDO-PAK tensions. At 10:30 IST, the barometer index, the S&P BSE Sensex, slipped 138.93 points or 0.17% to 80,502.14. The Nifty 50 index lost 44.65 points or 0.18% to 24,334.95. In the broader market, the S&P BSE Mid-Cap index shed 0.01% and the S&P BSE Small-Cap index fell 0.34%. The market breadth was weak. On the BSE, 1,084 shares rose and 2,349 shares fell. A total of 160 shares were unchanged. Earnings Today: Coal India (up 0.07%), Apcotex Industries (up 0.25%), APL Apollo Tubes (up 1.01%), Blue Star (down 2.25%), CarTrade Tech (up 3.31%), Craftsman Automation (down 1.77%), Dabur India (down 0.36%), Housing & Urban Development Corporation (down 0.18%), Lloyds Engineering Works (down 1%), Man Industries (India) (down 0.76%), MRF (down 0.27%), Route Mobile (down 1.38%), Sapphire Foods India (down 2.57%) and Sonata Software (up 2.08%) will declare their result later today. Buzzing Index: The Nifty Media index dropped 1.45% to 1,486.10. The index fell 2.93% in the two consecutive trading sessions. Sun TV Network (down 3.39%), Dish TV India (down 1.79%), PVR Inox (down 1.73%), D B Corp (down 1.73%), Hathway Cable & Datacom (down 1.64%), Tips Music (down 1.45%), Saregama India (down 0.95%), Network 18 Media & Investments (down 0.92%) and Zee Entertainment Enterprises (down 0.43%) declined. Stocks in Spotlight: BSE jumped 6.07% after the companys consolidated net profit surged to Rs 494.42 crore in Q4 FY25 as compared with Rs 107.04 crore in Q4 FY24. Net sales increased 74.9% YoY to Rs 846.64 crore during the quarter ended 31st March 2025. Mahanagar Gas added 0.71%. The company reported a 5.2% decline in consolidated net profit to Rs 247.04 crore in Q4 FY25 as compared with Rs 260.58 crore in Q4 FY24. Net sales stood at Rs 1964.38 crore during the quarter, up 21.8% YoY. Gujarat Mineral Development Corporation (GMDC) rose 0.22%. The company announced that it has signed long term agreement (LSA) with City Gold Pipes for the supply of 150 million tones of limestone over a period of 40 years.
