Last year profit was 81 crore. Trade receivables over 6 months is 38 crore and above 1 year is 18 crore. I would be concerned about my business model if I were the retailer selling on credit.
Posts tagged All News
RBL Bank consolidated net profit rises 9.88% in the June 2024 quarter (20-07-2024)
Total Operating Income rise 22.47% to Rs 3496.94 crore
SMIFS Capital Markets standalone net profit rises 516.67% in the June 2024 quarter (20-07-2024)
Sales rise 30.74% to Rs 15.78 crore
Ujjivan Financial – Small Finance Bank (20-07-2024)
I’m not sure, I saw Dolly Khanna purchase and I also noticed the Promoter percentage fall to 0. I’m curious as to why this happened. I haven’t been able to ascertain the reason.
Udhayanidhi Stalin plays down reports of becoming Deputy CM says, “All ministers in govt are Deputy CM’s” (20-07-2024)
Amid speculations about his possible elevation to Deputy Chief Minister, Tamil Nadu Minister and DMK Youth Wing Secretary Udhayanidhi Stalin downplayed the reports. Emphasizing his dedication to his current role, he reiterated that all ministers are effectively Deputy Chief Ministers. He highlighted the party's focus on winning the 2026 elections and urged youth wing cadres to engage more on social media and in party activities.
We see the Budget as being neutral for the Rupee: Abhishek Goenka (20-07-2024)
The slowdown in core services, coupled with the rise in unemployment beyond 4% for the first time since November 2021, is encouraging. Additional indicators like housing, retail sales, and industrial activity also show weakening trends. As we observe these shifts in the economic landscape, we might witness a change in the Federal Reserve's narrative.
Ujjivan Financial – Small Finance Bank (20-07-2024)
It always was 0. Never had a promoter. And even if any company’s promoter holding became 0, how is that a trigger to buy now?
Sai Silks (Kalamandir) – only listed player in the organized saree market (20-07-2024)
While the companies has generated a PAT of 101crore, its operating cash flow was 21 crore negative and the reason attributed by the company is sudden reduction in trade payables to the tune of 170 crore to get better bargaining power in purchases. Looks like a major red flag to me.