Leading alcoholic beverage manufacturer, Tilaknagar Industries Limited, has reported profit after tax (PAT), of Rs 11 crore for the quarter ended September 2021 as against a net loss of 2.69 crore for the same period a year ago. The company registered a robust 52 per cent growth in net revenue at 201 crore in quarter ended September 2021 as against 132.41 crore in the corresponding quarter last yearferrous fumarate usp.The financial performance registered an all-around improvement with EBITDA margins rising to 15.2 per cent from 14.5 per cent recorded in Q2 last year, buoyed by an improved operating leverage.Leading alcoholic beverage manufacturer, Tilaknagar Industries Limited, has reported profit after tax (PAT), of Rs 11 crore for the quarter ended September 2021 as against a net loss of 2.69 crore for the same period a year ago. The company registered a robust 52 per cent growth in net revenue at 201 crore in quarter ended September 2021 as against 132.41 crore in the corresponding quarter last year.Renowned for making the famous Mansion House Brandy, TI reported aferrous fumarate 210mg for what 22.3 per cent jump in sales volumes at 18.22 lakh cases in the quarter under review as against a volume of 14.89 lakh cases recorded in the same period last year. Chairman and managing director, Amit Dahanukar said, “We are now seeing a near-normal state-wise business contribution, with all of our major states contributing meaningful volumes. This is unlike the previous quarter which saw states like Kerala hardly contributing due to the lock-down.”Leading alcoholic beverage manufacturer, Tilaknagar Industries Limited, has reported profit after tax (PAT), of Rs 11 crore for the quarter ended September 2021 as against a net loss of 2.69 crore for the same period a year ago. The company registered a robust 52 per cent growth in net revenue at 201 crore in quarter ended September 2021 as against 132.41 crore in the corresponding quarter last year.“We are glad to share a very strong set of numbers despite an uncertain and challenging environment, not only in terms of Covid-19 and related state-specific restrictions but also challenges of inflationary pressures on the business,”when to take ferrous fumarate 210mg added Dahanukar.Leading alcoholic beverage manufacturer, Tilaknagar Industries Limited, has reported profit after tax (PAT), of Rs 11 crore for the quarter ended September 2021 as against a net loss of 2.69 crore for the same period a year ago. The company registered a robust 52 per cent growth in net revenue at 201 crore in quarter ended September 2021 as against 132.41 crore in the corresponding quarter last year.The strong growth in volumes and expansion in margins has enabled the company in generating good cash flows, leading to reduction in debt completely through internal accruals. In the half-year ended September 2021, TI’s debt reduced by Rs 25 crore to Rs 518 crore as agedta iron sodium saltainst Rs543 crore as of March 2021.cyanocobalamin ferrous fumarate and folic acid capsules uses in hindiLeading alcoholic beverage manufacturer, Tilaknagar Industries Limited, has reported profit after tax (PAT), of Rs 11 crore for the quarter ended September 2021 as against a net loss of 2.69 crore for the same period a year ago. The company registered a robust 52 per cent growth in net revenue at 201 crore in quarter ended September 2021 as against 132.41 crore in the corresponding quarter last year.Earlier this month, the TI Board of Directors approved issuing over Rs10,180,000equity shares on preferential basis to Barclays Wealth Trustees (India), Pv. Ltd., acting as a Trustee of Lotus Family Trust. The company has also approved issuing over Rs270,00,000equity shares to Edelweiss Asset Reconstruction Company Limited, towards restructuring of debt by way of conversion of part of the debt owed to it by the company amounting to over Rs10,00,000 into equity shares of the company on preferential basis. The company has issued over Rs10,180,000 convertible warrants on a preferential basis to Arunoday Investments Private Limited (promoter group) and M L Dahanukar and Co. Pvt. Ltd. (promoter group).
Tilaknagar Industries Registers 52% Growth in Revenue; PAT increases to 11 crore in Q2
