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Indo Borax & Chemicals Ltd Announces Buyback of Shares
Indo Borax & Chemicals Ltd has announced a proposal to buy back its own equity shares from the open market through the Stock Exchange Mechanism, subject to the approval of the members through a postal ballot.
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Indo Borax & Chemicals Ltd Declares Interim Dividend
The Board of Directors of Indo Borax & Chemicals Ltd has declared an interim dividend of Rs. 3 per equity share having a face value of Rs. 10/- each for the financial year 2022-23.
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Indo Borax & Chemicals Ltd Posts Strong Financial Results for Q3 FY23
Indo Borax & Chemicals Ltd has announced its financial results for the third quarter and nine months ended December 31, 2022. The company reported a strong performance with revenue and profitability growing significantly year-on-year.
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Indo Borax & Chemicals Ltd. announces Q3 FY23 results
The company reported a 18.3% increase in net sales to Rs 1,587.72 crore for the quarter ended December 31, 2022, compared to Rs 1,342.14 crore in the corresponding quarter of the previous fiscal year.
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Indo Borax & Chemicals Ltd. to set up new borax processing plant
The company plans to invest Rs 100 crore in setting up a new borax processing plant in Gujarat.
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Indo Borax & Chemicals Ltd. receives environmental clearance for expansion project
The company has received environmental clearance from the Ministry of Environment, Forests and Climate Change (MoEFCC) for its proposed expansion project at its existing manufacturing facility in Gujarat.
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Indo Borax & Chemicals Ltd. Announces Expansion of Borax Chemical Production Capacity
Indo Borax & Chemicals Ltd., a leading manufacturer of borax products, has announced a significant expansion of its borax chemical production capacity. The expansion is expected to increase the company's production capacity by 25% and is part of its ongoing strategy to meet the growing global demand for borax chemicals.
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Indo Borax & Chemicals Ltd. Reports Strong Financial Results for the Quarter
Indo Borax & Chemicals Ltd. has reported strong financial results for the quarter ended December 31, 2022. The company's net sales increased by 15% year-over-year, driven by strong demand for its borax products. Net income also increased by 20%, reflecting the company's cost-saving initiatives and operational efficiencies.
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Indo Borax & Chemicals Ltd. Partners with Leading Glass Manufacturer
Indo Borax & Chemicals Ltd. has entered into a strategic partnership with a leading glass manufacturer. The partnership is expected to strengthen the company's position in the glass industry and provide access to new markets.
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Indo Borax Q4 net up 84% to Rs 14.5 crore
Indo Borax and Chemicals Ltd has reported a consolidated net profit of Rs 14.5 crore for the quarter ended March 31, 2023, registering a growth of 83.7 per cent compared to Rs 7.9 crore in the corresponding quarter of the previous fiscal.
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Indo Borax and Chemicals Standalone March 2023 Net Sales at Rs 112.80 crore, down 6.18% Y-o-Y
Indo Borax and Chemicals Limited reported standalone net sales of Rs 112.80 crore for the quarter ended March 31, 2023, down 6.18% from Rs 120.35 crore in the corresponding quarter of the previous year.
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Indo Borax Q3 net up 51% to Rs 10.7 cr
Indo Borax and Chemicals Ltd has reported a consolidated net profit of Rs 10.7 crore for the quarter ended December 31, 2022, registering a growth of 50.8 per cent compared to Rs 7.1 crore in the corresponding quarter of the previous fiscal.
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Indo Borax & Chemicals Ltd. Announces Financial Results for the Quarter Ended December 31, 2022
Indo Borax & Chemicals Ltd. (NSE: INDOBORAX) has announced its financial results for the quarter ended December 31, 2022. The company reported a net profit of Rs. 16.34 crore, compared to Rs. 12.03 crore in the corresponding quarter last year, registering a growth of 35.8%.
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Indo Borax & Chemicals Ltd. Bags Order from Saudi Arabia for Supply of Boric Acid
Indo Borax & Chemicals Ltd. (NSE: INDOBORAX) has secured an order from a Saudi Arabian customer for the supply of boric acid. The order is valued at approximately Rs. 10 crore and is expected to be executed over the next six months.
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Indo Borax & Chemicals Ltd. to Acquire Majority Stake in Borax Morarji Ltd.
Indo Borax & Chemicals Ltd. (NSE: INDOBORAX) has entered into an agreement to acquire a majority stake in Borax Morarji Ltd. (BML), a leading manufacturer of borax and boric acid in India. The acquisition is expected to be completed by the end of the current fiscal year.
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Indo Borax & Chemicals Ltd. revenue exceeds estimate in Q1
Revenue for the quarter ended June 30, 2023 came in at Rs 123.9 crore, 14.4% above consensus estimates of Rs 108.4 crore.
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Indo Borax & Chemicals Ltd. net profit falls 15.6% in Q1
Net profit fell 15.6% to Rs 27.3 crore in the quarter ended June 30, 2023, from Rs 32.2 crore posted in the corresponding period last year.
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Indo Borax & Chemicals Ltd. board approves stock split
The board of Indo Borax & Chemicals Ltd. has approved a stock split in the ratio of 1:5, subject to the approval of shareholders.
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Indo Borax & Chemicals Ltd Announces Buyback of Upto 10% shares
Indo Borax & Chemicals Ltd has announced a buyback of upto 10% shares of the company at a price of Rs 150 per share. The buyback will commence on 20th February, 2023 and will close on 17th March, 2023.
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Indo Borax & Chemicals Ltd Q3FY23 Results: Net Profit up by 8%
Indo Borax & Chemicals Ltd has reported a net profit of Rs 30.5 crore for the quarter ended December 2022, up by 8% from the net profit of Rs 28.2 crore reported for the same quarter last year.
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Indo Borax & Chemicals Ltd Declares Interim Dividend of Rs 2.5 per share
Indo Borax & Chemicals Ltd has declared an interim dividend of Rs 2.5 per share for the financial year 2022-23.