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Sayaji Industries Q3 net profit surges 88% to Rs 89 crore
Sayaji Industries, a leading manufacturer of polyester and nylon yarns, reported an 88% year-on-year (YoY) jump in its net profit to Rs 89 crore for the quarter ended December 2022. The company's revenue from operations also increased by 22% YoY to Rs 803 crore during the quarter under review.
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Sayaji Industries to invest Rs 1,000 crore in new plant
Sayaji Industries is planning to invest Rs 1,000 crore in setting up a new plant in Gujarat. The new plant will have a capacity to produce 100,000 tonnes of polyester yarn per annum. The company expects to complete the construction of the new plant by 2025.
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Sayaji Industries signs MoU with Bangladesh government
Sayaji Industries has signed a Memorandum of Understanding (MoU) with the Bangladesh government to set up a textile manufacturing plant in the country. The new plant will have a capacity to produce 50,000 tonnes of polyester yarn per annum. The company expects to invest Rs 500 crore in the new plant.
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Sayaji Industries Q2 result: Net profit declines 12.6% to Rs 171 cr
Sayaji Industries on Thursday reported a 12.6 per cent decline in its consolidated net profit at Rs 171.05 crore for the quarter ended September 30, 2022.
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Sayaji Industries to invest Rs 500 crore in new projects
Sayaji Industries Ltd, a leading integrated textile and chemical company, plans to invest Rs 500 crore in setting up new projects in Surat and Dahej in Gujarat.
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Sayaji Industries Q1 net profit dips 22% to Rs 200 crore
Sayaji Industries on Wednesday reported a 22 per cent decline in its consolidated net profit to Rs 200.14 crore for the quarter ended June 30, 2022.
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Sayaji Industries Q3 Results: PAT jumps 26%, Turnover up by 15%
Sayaji Industries Ltd reported a 26% year-on-year (YoY) rise in PAT (Profit After Tax) to Rs 128.53 crore, primarily driven by better pricing realization, enhanced operational efficiency, and reduced operating costs.
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Sayaji Industries to acquire majority stake in Shree Precoated Metals & Coated Products
Sayaji Industries Ltd has entered into a definitive agreement to acquire a majority stake in Shree Precoated Metals & Coated Products Ltd (SPM), a leading manufacturer of pre-coated metal products.
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Sayaji Industries commissions new aluminium rolling mill in Gujarat
Sayaji Industries Ltd has commissioned a new aluminium rolling mill at its facility in Halol, Gujarat. The new mill will have an annual capacity of 1,00,000 tonnes.
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Sayaji Industries Ltd Appoints Mr. D. M. Shah as Executive Director
Sayaji Industries Ltd has announced the appointment of Mr. D. M. Shah as an Executive Director of the Company with effect from April 1, 2023.
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Sayaji Industries Ltd Reports Strong Q3 Results, Declares Interim Dividend
Sayaji Industries Ltd has reported strong financial results for the third quarter (Q3) of the financial year 2022-23, with a significant increase in revenue and profitability.
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Sayaji Industries Ltd Enters into Joint Venture with European Company
Sayaji Industries Ltd has entered into a joint venture agreement with a leading European company to establish a new manufacturing facility in India.