The family is the largest shareholder on the board of the dry cell battery maker with close to a 20% stake compared with the promoters’ 4.92 per cent stake...
The board level changes took place at a time promoter holding in the company has slid below 5 per cent on the back of persistent sale of pledged shares...
The issuer said the improvement in the financial profile is continuing in the second half as well, backed by substantial improvement in profitability...
Profit jumped 216 per cent to Rs 58.02 crore from Rs 18.38 crore a year ago, while the operating EBIDTA margin stood at 20.3 per cent in the reporting quarter...
The storage cell battery maker records a profit of Rs 23.61 crore in April-June of 2020-21 compared with Rs 6.85 crore earned in the same period last year ...