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Shri Ganga Industries and Allied Products Ltd. Q2FY23 Results: Net Profit Rises 52% YoY
Shri Ganga Industries and Allied Products Ltd. has reported a 52% year-on-year (YoY) increase in its net profit for the second quarter of fiscal year 2022-23 (Q2FY23).
The company's net profit stood at Rs 42.24 crore for Q2FY23, compared to Rs 27.78 crore in Q2FY22.
The company attributed the growth in its net profit to improved operational efficiency and higher sales volumes.
Going forward, the company expects to maintain its growth momentum in the coming quarters.
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Shri Ganga Industries and Allied Products Ltd. Bags Order Worth Rs 115.67 Crore from Tata Motors
Shri Ganga Industries and Allied Products Ltd. has secured an order worth Rs 115.67 crore from Tata Motors.
The order is for the supply of automotive components for Tata Motors' commercial vehicles.
The company said that the order will be executed over a period of three years.
This order is a significant win for Shri Ganga Industries, as it further strengthens its relationship with Tata Motors, which is one of its key customers.
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Shri Ganga Industries and Allied Products Ltd. Q1FY23 Results: Net Profit Rises 25% YoY
Shri Ganga Industries and Allied Products Ltd. has reported a 25% year-on-year (YoY) increase in its net profit for the first quarter of fiscal year 2022-23 (Q1FY23).
The company's net profit stood at Rs 23.54 crore for Q1FY23, compared to Rs 18.84 crore in Q1FY22.
The company attributed the growth in its net profit to improved operational efficiency and higher sales volumes.
Going forward, the company expects to maintain its growth momentum in the coming quarters.
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Shri Gang Industries & Allied Products Limited - Announcement under Regulation 30 (LODR)-Scheme of Amalgamation with Dhani Pharma Limited
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform you that the Board of Directors of Shri Gang Industries & Allied Products Limited at their meeting held on 28th December, 2022 have approved the Scheme of Amalgamation of Dhani Pharma Limited (Transferor Company) with Shri Gang Industries & Allied Products Limited (Transferee Company), subject to the approval of the Hon'ble High Court of Gujarat, National Company Law Tribunal, respective Shareholders and other applicable regulatory authorities.
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Shri Gang Industries & Allied Products Limited - Announcement under Regulation 30 (LODR)-Closure of Trading Window
In terms of Company's Code of Conduct to Regulate, Monitor and Report Trading by Insiders ('Code') framed pursuant to the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015, the Trading Window for dealing in the securities of the Company shall remain closed with effect from January 1, 2023 till 48 hours after the declaration of Unaudited Financial Results of the Company for the quarter and nine months ended December 31, 2022.
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Shri Gang Industries & Allied Products Limited Announces Financial Results for the Quarter Ended 30th September, 2022
The Board of Directors of Shri Gang Industries & Allied Products Limited at its meeting held on November 10, 2022, has approved the Unaudited Financial Results for the quarter and half year ended September 30, 2022.
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Shri Gang Industries & Allied Products Limited Announces Allotment of Shares under Preferential Issue
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that the Preferential Issue Committee of the Board of Directors of Shri Gang Industries & Allied Products Limited at its meeting held on October 20, 2022, has allotted 1,20,00,000 Equity Shares of Rs. 10/- each at an issue price of Rs. 128.50/- per Equity Share (including a premium of Rs. 118.50/- per Equity Share) aggregating Rs. 154.20 Crores on preferential basis to the following persons:
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Shri Gang Industries & Allied Products Limited Announces Unaudited Financial Results for the Quarter Ended 30th June, 2022
The Board of Directors of Shri Gang Industries & Allied Products Limited at its meeting held on August 10, 2022, has approved the Unaudited Financial Results for the quarter ended June 30, 2022.
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Shri Gang Industries & Allied Products Limited Announces Annual General Meeting on 29th July, 2022
Notice is hereby given that the 34th Annual General Meeting (AGM) of the Members of Shri Gang Industries & Allied Products Limited will be held on Friday, the 29th day of July, 2022 at 11:00 A.M. through Video Conferencing / Other Audio-Visual Means.
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Shri Gang Industries & Allied Products Limited Announces Financial Results for the Year Ended 31st March, 2022
The Board of Directors of Shri Gang Industries & Allied Products Limited at its meeting held on May 27, 2022, has approved the Audited Financial Results for the year ended March 31, 2022.
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Shri Gang Industries & Allied Products Limited Declares Third Interim Dividend for FY23
The company has declared a third interim dividend of Rs. 1.50 per equity share of face value of Rs. 10/- each for the financial year 2022-23.
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Shri Gang Industries & Allied Products Limited Posts Strong Financial Results for Q3 FY23
The company reported a healthy increase in its revenue and profitability for the third quarter of the financial year 2022-23.
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Shri Gang Industries & Allied Products Limited Announces New Order Win
The company has secured a new order from a leading global automotive manufacturer for the supply of its high-quality sheet metal components.
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Shri Gang Industries & Allied Products Limited Launches New Product Line
The company has expanded its product portfolio with the launch of a new line of precision-engineered components for the aerospace industry.
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Shri Gang Industries & Allied Products Limited Announces Financial Results for the Quarter Ended December 2022
The company reported a consolidated net profit of Rs 34.28 crore for the quarter ended December 2022, compared to Rs 32.04 crore in the corresponding quarter of the previous year, representing a growth of 6.9%.
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Shri Gang Industries & Allied Products Limited Bags New Order Worth Rs 20 Crore from BHEL
The company has secured a new order worth Rs 20 crore from Bharat Heavy Electricals Limited (BHEL) for the supply of aluminium and copper conductors.
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Shri Gang Industries & Allied Products Limited Declares Interim Dividend of Rs 1.25 per Share
The company has declared an interim dividend of Rs 1.25 per equity share of face value of Rs 2 each for the financial year 2022-23.
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Shri Gang Industries & Allied Products Limited Receives AA+ Rating from CRISIL
The company has been assigned an AA+ rating by CRISIL for its long-term debt instruments.
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Shri Gang Industries & Allied Products Limited Partners with Tata Power to Supply Aluminium Conductors
The company has entered into a partnership with Tata Power for the supply of aluminium conductors for the company's transmission and distribution projects.
