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Contil India Q4 net profit up 29% to Rs 44.79 crore
Contil India on Tuesday reported a 28.89 per cent rise in its consolidated net profit to Rs 44.79 crore for the quarter ended March 2023. The company had posted a net profit of Rs 34.83 crore in the January-March quarter of the previous fiscal year, Contil India said in a regulatory filing.
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Contil India Q3 Results: Net profit rises 41.24% to Rs 48.41 crore
Contil India on Thursday reported a 41.24 per cent increase in its consolidated net profit to Rs 48.41 crore for the quarter ended December 2022.
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Contil India Q2 Results: Net profit up 22.46% to Rs 33.72 crore
Contil India on Monday reported a 22.46 per cent increase in its consolidated net profit to Rs 33.72 crore for the quarter ended September 2022.
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Contil India Limited Q3FY23 Results: Net profit up by 8.1% to Rs. 19.81 crore
Contil India Limited, a leading manufacturer of rubber conveyor belts, has declared its financial results for the third quarter of Fiscal 2023 (Q3FY23). The company reported a net profit of Rs. 19.81 crore for the quarter, a rise of 8.1% from the net profit of Rs. 18.33 crore reported in the corresponding quarter of the previous fiscal year.
The company's revenue from operations for the quarter also witnessed a rise, growing by 15.8% to Rs. 311.26 crore from Rs. 268.87 crore in Q3FY22.
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Contil India Limited Board Approves Buyback of up to Rs. 50 Crore Shares
Contil India Limited, a leading manufacturer of conveyor belts, has announced that its Board of Directors has approved a proposal to buy back up to Rs. 50 crore worth of its equity shares.
The company plans to buy back the shares through the open market route, subject to the approval of shareholders and regulatory authorities. The buyback price will be determined in accordance with the applicable regulations and will not exceed the prevailing market price.
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Contil India Limited Announces Capacity Expansion Plan
Contil India Limited, a leading manufacturer of rubber conveyor belts, has announced plans to expand its production capacity by setting up a new manufacturing facility in Gujarat.
The new facility will be located in Dahej, Gujarat, and is expected to be operational by the end of 2024. The facility will have an annual production capacity of 50,000 metric tonnes, which will increase Contil India's overall production capacity by 25%.
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Contil India Bags $3.8 Mn Order from Karnataka Power Corporation Limited
Contil India Limited (CIL) has bagged an order from Karnataka Power Corporation Limited (KPCL) for the supply of conductors worth Rs 28 crore (USD 3.8 million). The order is part of KPCL's plan to upgrade and expand its power transmission network across the state.
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Contil India to Set Up New Capacitor Manufacturing Unit in Gujarat
Contil India Limited (CIL) is planning to set up a new capacitor manufacturing unit in Gujarat with an investment of Rs 100 crore (USD 13.3 million). The new unit will be located at the company's existing plant in Vadodara and is expected to be operational by the end of 2024.
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Contil India's Performance in Q3 FY23
Contil India Limited (CIL) reported a strong performance in the third quarter of the 2022-23 financial year, with revenue growing by 25% to Rs 450 crore (USD 59.3 million) year-on-year. The company's net profit also increased by 30% to Rs 40 crore (USD 5.3 million).
