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Nitta Gelatin to acquire 100% stake in PB Gelatins for Rs 164 cr
The acquisition will provide Nitta Gelatin with a stronger presence in the global gelatin market and will help the company to expand its product portfolio.
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Nitta Gelatin India reports 23% rise in Q3 net profit to Rs 47.4 cr
The company's net profit for the quarter ended December 31, 2022 stood at Rs 47.4 crore, up from Rs 38.6 crore in the corresponding quarter of the previous year.
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Nitta Gelatin India to invest Rs 200 cr in WB plant expansion
The company plans to expand its manufacturing capacity for edible and pharmaceutical gelatin at its plant in West Bengal.
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Nitta Gelatin India Ltd Announces Dividend of INR 20 per Share
Nitta Gelatin India Ltd has announced a dividend of INR 20 per share for the financial year ended March 31, 2023. The dividend will be paid on or after July 10, 2023, to shareholders on record as of June 26, 2023.
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Nitta Gelatin India Ltd Reports Strong Q4 Results
Nitta Gelatin India Ltd has reported strong results for the fourth quarter ended March 31, 2023. The company's revenue grew by 15% year-over-year to INR 250 crore, while its net profit grew by 20% to INR 50 crore.
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Nitta Gelatin India Ltd Launches New Product Line
Nitta Gelatin India Ltd has launched a new line of gelatin products, including edible gelatin, pharmaceutical gelatin, and industrial gelatin. The new products are designed to meet the growing demand for gelatin in India.
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Nitta Gelatin India Ltd Announces Appointment of Chief Financial Officer
Nitta Gelatin India Ltd announced the appointment of Siva Lakshmanan as its Chief Financial Officer (CFO) with effect from July 1, 2023.
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Nitta Gelatin India Ltd Q4 FY23 Results: Net Profit Falls 22%
Nitta Gelatin India Ltd reported a 22% decline in consolidated net profit to Rs 10.82 crore for the fourth quarter ended March 31, 2023, due to higher input costs and lower sales volume.
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Nitta Gelatin India Ltd to Acquire Majority Stake in Tectonics Polymers
Nitta Gelatin India Ltd announced plans to acquire a majority stake in Tectonics Polymers, a leading manufacturer of thermoplastic compounds based in Chennai, India.
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Nitta Gelatin India signs LOI with Japan’s Nitta for setting up a manufacturing facility in India
Nitta Gelatin India Ltd (NGIL), a major manufacturer of edible and technical gelatins in India, has signed a Letter of Intent (LOI) with its parent company, Nitta Gelatin Inc., Japan, to set up a manufacturing facility in India. The new manufacturing facility will produce a wide range of edible and technical gelatins, catering to the growing demand in the Indian market.
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Nitta Gelatin India launches new edible gelatin plant in Gujarat
Nitta Gelatin India (NGIL) has launched a new edible gelatin plant in Gujarat, India. The plant is expected to produce 12,000 metric tons of edible gelatin per year, catering to the growing demand for gelatin in the food and pharmaceutical industries.
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Nitta Gelatin India posts strong financial results for Q1 FY23
Nitta Gelatin India (NGIL) has reported strong financial results for the first quarter of fiscal year 2023 (Q1 FY23). The company's revenue grew by 20% year-on-year to Rs. 300 crore, while its net profit increased by 25% to Rs. 50 crore.