Latest news with #IFLEnterprises
Business Standard
8 hours ago
- Business
- Business Standard
IFL Enterprises consolidated net profit rises 17100.00% in the June 2025 quarter
Sales rise 118.37% to Rs 33.41 croreNet profit of IFL Enterprises rose 17100.00% to Rs 5.16 crore in the quarter ended June 2025 as against Rs 0.03 crore during the previous quarter ended June 2024. Sales rose 118.37% to Rs 33.41 crore in the quarter ended June 2025 as against Rs 15.30 crore during the previous quarter ended June EndedJun. 2025Jun. 2024% 118 OPM %14.28-0.46 -PBDT7.000.24 2817 PBT6.910.17 3965 NP5.160.03 17100 Powered by Capital Market - Live News
News18
9 hours ago
- Business
- News18
IFL Enterprises revenue jumps more than twofold in June quarter
New Delhi, Jul 29 (PTI) IFL Enterprises, engaged in import, export and trading of agri commodities, on Tuesday said its revenue jumped more than two-fold to Rs 33.41 crore in the April-June quarter of 2025-26. The Ahmedabad-based company had posted revenue from operations of Rs 15.29 crore in the first quarter of 2024-25, according to a BSE filing. Consolidated net profit for the quarter stood at Rs 5.15 crore, a significant improvement over the Rs 0.03 crore reported in the same period last year, the filing stated. 'We remain focused on scaling our presence across trading verticals and building a resilient financial structure that supports long-term growth," Meet Chhatrala, Director, IFL Enterprises said. view comments First Published: July 29, 2025, 19:15 IST Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
Time of India
3 days ago
- Business
- Time of India
IFL Enterprises to enter into organic waste management and recycling business
Ahmedabad-based IFL Enterprises on Thursday said its board has approved a proposal for entering into the business of organic waste management & recycling. The new venture is part of the company's strategic plan to diversify its portfolio and tap into emerging and high-demand sectors, the company said in a statement. Explore courses from Top Institutes in Please select course: Select a Course Category Others Product Management Data Science Data Analytics MBA Artificial Intelligence MCA Finance Design Thinking Healthcare Data Science Management CXO Digital Marketing Leadership Operations Management healthcare PGDM Technology others Public Policy Cybersecurity Project Management Degree Skills you'll gain: Duration: 28 Weeks MICA CERT-MICA SBMPR Async India Starts on undefined Get Details Skills you'll gain: Duration: 9 months IIM Lucknow SEPO - IIML CHRO India Starts on undefined Get Details Skills you'll gain: Duration: 7 Months S P Jain Institute of Management and Research CERT-SPJIMR Exec Cert Prog in AI for Biz India Starts on undefined Get Details Skills you'll gain: Duration: 16 Weeks Indian School of Business CERT-ISB Transforming HR with Analytics & AI India Starts on undefined Get Details The Organic Waste Management & Recycling industry is projected to grow at a compound annual growth rate (CAGR) of 10-12 per cent over the next five years , it added. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like 15 most beautiful women in the world Undo IFL Enterprises Director Meet Chhatrala said, "Expansion reflects IFL Enterprises' commitment to future-ready business models and long-term value creation for its stakeholders." The agri commodity trader recently announced that Singapore based Unique Global Managed Services Pte Ltd has offered to acquire up to 12 per cent equity stake through strategic investment route at 100 per cent premium to existing share price.
Economic Times
5 days ago
- Business
- Economic Times
Singapore-based Unique Global to acquire up to 12% stake in IFL Enterprises
Synopsis IFL Enterprises may get a boost. Unique Global Managed Services of Singapore wants to buy 12% of the company. The board will discuss the offer on August 1. The offer price is Rs 2 per share. This is more than double the current price. Four Foreign Portfolio Investors recently bought 16.08% stake.
Mint
5 days ago
- Business
- Mint
Penny stock under ₹2 hits upper circuit despite selling pressure in Indian stock market; here's why
IFL Enterprises share price was locked in at 5% upper circuit on Thursday, extending rally for the fourth consecutive session, led by heavy buying volumes. The smallcap stock hit a 5% upper circuit of ₹ 1.05 apiece on the BSE. IFL Enterprises shares have jumped 18% in four sessions, boosted by sustained buying momentum. The latest gains in IFL Enterprises shares comes after the company announced to enter into Organic Waste Management and recycling business. The new venture is part of the company's strategic plan to diversify its portfolio and tap into emerging and high-demand sectors. The Organic Waste Management & Recycling industry is projected to grow at a CAGR of 10–12% over the next five years. The company anticipates substantial long-term value addition from this venture in terms of revenue generation, environmental impact, and capital appreciation for shareholders, IFL Enterprises said in a release. The company's Board of Directors at its meeting held on 24 July, 2025 has approved the foray into the Organic Waste Management and recycling business. With this approval, IFL Enterprises said it will immediately initiate the next operational steps including, hiring a qualified and experienced R&D and technical team specializing in waste management technologies and regulatory compliance. The company will also commence evaluation and acquisition of relevant machinery and equipment tailored to organic waste processing and recycling along with identifying and surveying suitable land locations across key industrial and municipal zones for setting up processing units and operational hubs, it added. IFL Enterprises also announced that its board of directors is scheduled to meet on August 1, 2025, to consider and evaluate the proposal of Singapore based Unique Global Managed Services PTE. Ltd to acquire up to 12% equity stake through Strategic Investment Route. The company received a Letter of Intent from the Singapore based entity to acquire the 12% strategic minority stake in the company at an indicative reference price of ₹ 2 per share – which represents approximately 100% premium to current share price. Recently, four Foreign Portfolio Investors (FPIs) have also acquired a total of 16.08% stake in the company as on 11th July 2025. Minerva Venture Fund, Nautilus Private Capital Ltd, Al Maha Investment Fund PCC-ONYX Strategy, and Nova Global Opportunities Fund PCC – Touchstone have acquired 4.02% equity stake each in the company as per shareholding pattern on the stock exchanges. IFL Enterprises share price has fallen 8% in one month, but the penny stock has jumped 55% in three months. Over the past six months, the smallcap stock has rallied 32%, while it has risen 12% on a year-to-date (YTD) basis. IFL Enterprises shares have declined 87% in two years, but has delivered multibagger returns of 450% in five years. At 2:50 PM, IFL Enterprises share price was still locked in at 5% upper circuit of ₹ 1.05 apiece on the BSE.
