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		<title>Blue Dart Announces Impressive Q1FY26 Results with Sales of ₹ 1,442 Crore</title>
		<link>https://nrinews24x7.com/blue-dart-announces-impressive-q1fy26-results-with-sales-of-%e2%82%b9-1442-crore/</link>
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		<pubDate>Wed, 30 Jul 2025 09:21:01 +0000</pubDate>
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					<description><![CDATA[<p>MUMBAI: Blue Dart Express Limited, South Asia&#8217;s premier express air and integrated transportation &#38; distribution company, declared its financial results for the quarter ended June 30, 2025, at its Board Meeting held in Mumbai. The company posted a profit after tax (PAT) of ₹47 crore for the quarter ended June 30, 2025, demonstrating steady performance [&#8230;]</p>
<p>The post <a href="https://nrinews24x7.com/blue-dart-announces-impressive-q1fy26-results-with-sales-of-%e2%82%b9-1442-crore/">Blue Dart Announces Impressive Q1FY26 Results with Sales of ₹ 1,442 Crore</a> appeared first on <a href="https://nrinews24x7.com">NRI News</a>.</p>
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<p><strong>MUMBAI:</strong> Blue Dart Express Limited, South Asia&#8217;s premier express air and integrated transportation &amp; distribution company, declared its financial results for the quarter ended June 30, 2025, at its Board Meeting held in Mumbai.</p>



<p>The company posted a profit after tax (PAT) of ₹47 crore for the quarter ended June 30, 2025, demonstrating steady performance amid a dynamic market environment. Revenue from operations stood at ₹ 1,442 crore, reflecting continued customer trust and the strength of our service offerings.</p>



<p>Commenting on the company&#8217;s performance, <strong>Balfour Manuel, Managing Director, Blue Dart Express</strong>, said, </p>



<figure class="wp-block-pullquote has-vivid-cyan-blue-color has-text-color has-link-color wp-elements-92a2e265c1c087551aa9a8c7175920cc"><blockquote><p><em>&#8220;Blue Dart continues to build strong momentum, driven by substantial traction across both B2B and B2C products. Our focus on strategically identified high-growth areas is beginning to yield results, supported by timely investments in new hubs, automation, and digital capabilities. In a landscape marked by evolving trade dynamics and tariff shifts, our commitment to reliability and time-definite services remains unwavering.</em><br><em>advancement. </em><br><em>To sustain this growth trajectory, we are making front-loaded investments that strengthen our operational backbone. As global supply chains transform, we are focused on creating a resilient, future-ready logistics ecosystem that plays a vital role in powering India&#8217;s econom</em>y. &#8220;</p></blockquote></figure>



<p><em> </em></p>



<p>Blue Dart marked a major milestone with the launch of India’s largest Integrated Operating Facility at Bijwasan in New Delhi, further enhancing our operational capabilities and service efficiency. Additionally, the company recently announced the expansion of its network with the introduction of Guwahati last year as a direct flying location. This strategic move was driven by Blue Dart’s vision to empower Northeast India, a zone that plays a pivotal role in the country&#8217;s economic growth.</p>



<p>Furthermore, Blue Dart was awarded as the Best Express Logistics Provider 2025 by the Institute of Supply Chain Management (ISCM). In addition to this industry recognition, Blue Dart was also certified as a Great Place to Work for the 15th consecutive year, an acknowledgment of our unwavering commitment to fostering a culture of trust, inclusivity, and excellence. By consistently investing in our infrastructure and people, Blue Dart continues to strengthen its position as both the logistics partner of choice and the employer of choice.</p>
<p>The post <a href="https://nrinews24x7.com/blue-dart-announces-impressive-q1fy26-results-with-sales-of-%e2%82%b9-1442-crore/">Blue Dart Announces Impressive Q1FY26 Results with Sales of ₹ 1,442 Crore</a> appeared first on <a href="https://nrinews24x7.com">NRI News</a>.</p>
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		<title>Analyzing the International Gemmological Institute&#8217;s 37% Quarterly EBITDA Growth</title>
		<link>https://nrinews24x7.com/analyzing-the-international-gemmological-institutes-37-quarterly-ebitda-growth/</link>
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		<dc:creator><![CDATA[News Desk]]></dc:creator>
		<pubDate>Wed, 30 Jul 2025 09:14:06 +0000</pubDate>
				<category><![CDATA[Finance]]></category>
		<category><![CDATA[Business]]></category>
		<category><![CDATA[certification]]></category>
		<category><![CDATA[diamond]]></category>
		<category><![CDATA[EBITDA]]></category>
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		<guid isPermaLink="false">https://nrinews24x7.com/?p=179000</guid>

					<description><![CDATA[<p>MUMBAI: International Gemmological Institute (India) Limited (IGI), one of the world’s largest independent grading and accreditation services providers, reported strong performance in the quarter and half-year ended June 30, 2025. The company has reported 16% growth in revenues and 37% growth in EBITDA on a year-on-year basis, driven by strong growth momentum across all its [&#8230;]</p>
<p>The post <a href="https://nrinews24x7.com/analyzing-the-international-gemmological-institutes-37-quarterly-ebitda-growth/">Analyzing the International Gemmological Institute&#8217;s 37% Quarterly EBITDA Growth</a> appeared first on <a href="https://nrinews24x7.com">NRI News</a>.</p>
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<p><strong>MUMBAI:</strong> International Gemmological Institute (India) Limited (IGI), one of the world’s largest independent grading and accreditation services providers, reported strong performance in the quarter and half-year ended <strong>June 30, 2025</strong>.</p>



<p>The company has reported <strong>16</strong>% growth in revenues and <strong>37%</strong> growth in EBITDA on a year-on-year basis, driven by strong growth momentum across all its key business segments, viz, natural diamonds, lab-grown diamonds, jewelry, and gemstones.</p>



<p>Consolidated revenue from operations for the quarter stood at <strong>INR 3,009 Mn,</strong> and EBITDA stood at <strong>INR 1,735 Mn</strong>. The EBITDA margin has improved from <strong>49% in Q2 2024</strong> to <strong>58% in Q2 2025</strong>. PAT for Q2 2025 was reported as <strong>INR 1,265 Mn</strong>, a growth of 63% on a year-on-year basis, with PAT margins at 42% vs 30% in Q2 2024.</p>



<p>For the Half year ended June 2025, the Company has reported 13% growth in revenues from operations and 23% growth in EBITDA in <strong>H1 2025</strong> when compared with <strong>H1 2024</strong>. EBITDA margins are up <strong>from 56% in H1 2024 to 61% in H1 2025</strong>. The consolidated PAT for <strong>H1 2025</strong> stood at <strong>INR 2,673 Mn,</strong> showing a 31% increase over <strong>H1 2024</strong>, with margins up from <strong>38% in H1 2024</strong> to <strong>44% in H1 2025</strong></p>



<p><strong>Key financial highlights – IGI Consolidated (INR in MN):</strong></p>



<figure class="wp-block-table"><table class="has-fixed-layout"><tbody><tr><td><strong>Quarter</strong></td><td><strong>Q2 2024</strong></td><td><strong>Q2 2025</strong></td><td><strong>YOY Growth %</strong></td></tr><tr><td>Revenue</td><td>2,600</td><td>3,009</td><td>16%</td></tr><tr><td>PBT</td><td>1,140</td><td>1,750</td><td>53%</td></tr><tr><td>PAT</td><td>778</td><td>1,265</td><td>63%</td></tr><tr><td>EBITDA</td><td>1,268</td><td>1,735</td><td>37%</td></tr><tr><td>EPS (Basic)</td><td>1.96</td><td>2.92</td><td>49%</td></tr></tbody></table></figure>



<p><strong>Tehmasp Printer, Managing Director and CEO of IGI,</strong> said, </p>



<p>“<em>I am happy to report the Company has seen strong growth momentum across all its segments compared to the previous quarter.</em></p>



<p><em>For over a century, the 4Cs—cut, color, clarity, and carat—have served as the universal language of diamond quality. At IGI, we uphold these standards not out of convention, but out of a deep respect for the consumer’s right to make informed decisions and feel confident in every purchase. Modern consumers are increasingly discerning—they demand transparency, authenticity, and traceability. In today’s market, identifying the origin of a diamond—whether natural or lab-grown—has become critically important, both for ethical assurance and value clarity.</em></p>



<p><em>At IGI, we have gone beyond the traditional 4Cs and have introduced a proprietary ‘Light Performance Analysis’, which is a scientific assessment that measures how a diamond interacts with light. This would provide a deeper insight into critical visual attributes—brightness, fire, and contrast—which collectively define a diamond’s true ‘sparkle’.</em></p>



<p><em>Additionally, along with our core segments of natural diamond certification and lab-grown diamond certification, we are also seeing a strong demand for certification of natural diamond and lab-grown diamond jewelry, which will further accelerate the growth of our business in the quarters to come.” <strong> </strong></em></p>
<p>The post <a href="https://nrinews24x7.com/analyzing-the-international-gemmological-institutes-37-quarterly-ebitda-growth/">Analyzing the International Gemmological Institute&#8217;s 37% Quarterly EBITDA Growth</a> appeared first on <a href="https://nrinews24x7.com">NRI News</a>.</p>
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		<title>KSB Limited Reports Successful Q1 2024 Results Showing Growth &#038; Stability</title>
		<link>https://nrinews24x7.com/ksb-limited-reports-successful-q1-2024-results-showing-growth-stability/</link>
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		<dc:creator><![CDATA[News Desk]]></dc:creator>
		<pubDate>Mon, 29 Apr 2024 06:07:53 +0000</pubDate>
				<category><![CDATA[Finance]]></category>
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					<description><![CDATA[<p>Business Highlights (All amounts in INR Crores) Particulars Q1 (Jan’24-Mar’24) Q1 (Jan’23-Mar’23) Q4 (Oct’23-Dec’23) Jan’23 -Dec’23 Sales 544.2 489.6 602.6 2,247.2 Expenses 483.3 432.4 521.7 1,953.6 Operating Profit 60.9 57.2 80.9 293.6 OPM % 11.2% 11.7% 13.4% 13.1% Other Income 10.5 9.3 6.5 36.3 Interest 0.9 0.8 1.6 5.3 Depreciation 12.9 11.7 13.7 49.7 PBT [&#8230;]</p>
<p>The post <a href="https://nrinews24x7.com/ksb-limited-reports-successful-q1-2024-results-showing-growth-stability/">KSB Limited Reports Successful Q1 2024 Results Showing Growth &#038; Stability</a> appeared first on <a href="https://nrinews24x7.com">NRI News</a>.</p>
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<ul class="wp-block-list">
<li><em>The sales revenue of Q1 2024 is <strong>INR 544.2 crores</strong> which is 11.2% higher than that of the corresponding Q1 2023</em></li>



<li><em>Received letter of award <strong>under PM-Kusum III Scheme of INR 63 Crores for 2500 solar water pumping systems </strong>from Maharashtra Energy Development Agency</em></li>



<li><em>Received<strong> first order for desalination project of value INR 11 Crore </strong>from KSB Saudi</em></li>



<li><em>The energy segment crossed <strong>INR 50 Crores</strong> order intake with highlight orders &#8211; FGD of <strong>INR 4.1 Crores</strong> from General Electric, and <strong>INR 5.6</strong> Crores for HG pumps from Haldia Petrochemicals Ltd.</em></li>



<li><em>Launched Calio Pro and Etaline with SupremE Motor &amp; Pump Drive 2 at ACREX 2024</em></li>



<li><em>Hosted<strong> 33<sup>rd</sup> All India Dealer Conference</strong> at <strong>Kochi, Kerala</strong>, themed “One Team, One Dream”</em></li>



<li><em>Won ‘<strong>ESG Champion of India 2024’</strong> Award at Dun &amp; Bradstreet ‘ESG Leadership Summit 2024’</em></li>



<li><em>Inaugurated <strong>renovated offices at Mumbai and Jaipur</strong>, and upgraded to a new office location for <strong>Bhubaneshwar,</strong> signifying our growth and dedication to creating a dynamic work environment</em></li>
</ul>



<h3 class="wp-block-heading"><strong>Business Highlights</strong></h3>



<p><em>(All amounts in INR Crores)</em></p>



<figure class="wp-block-table"><table><tbody><tr><td><strong>Particulars</strong></td><td><strong>Q1 (Jan’24-Mar’24)</strong><strong></strong></td><td><strong>Q1 (Jan’23-Mar’23)</strong></td><td><strong>Q4 (Oct’23-Dec’23)</strong><strong></strong></td><td><strong>Jan’23 -Dec’23</strong></td></tr><tr><td>Sales</td><td>544.2</td><td>489.6</td><td>602.6</td><td>2,247.2</td></tr><tr><td>Expenses</td><td>483.3</td><td>432.4</td><td>521.7</td><td>1,953.6</td></tr><tr><td>Operating Profit</td><td>60.9</td><td>57.2</td><td>80.9</td><td>293.6</td></tr><tr><td>OPM %</td><td>11.2%</td><td>11.7%</td><td>13.4%</td><td>13.1%</td></tr><tr><td>Other Income</td><td>10.5</td><td>9.3</td><td>6.5</td><td>36.3</td></tr><tr><td>Interest</td><td>0.9</td><td>0.8</td><td>1.6</td><td>5.3</td></tr><tr><td>Depreciation</td><td>12.9</td><td>11.7</td><td>13.7</td><td>49.7</td></tr><tr><td>PBT</td><td>57.6</td><td>54.0</td><td>72.1</td><td>274.9</td></tr><tr><td>Net Profit</td><td>43.1</td><td>40.0</td><td>52.8</td><td>204.6</td></tr></tbody></table></figure>



<p>Summarizing the Q1’24 performance, <strong>Prashant Kumar, Vice President of Sales and Marketing, KSB Limited</strong> said, “<em>This quarter we have registered a steady growth in sales revenue, which is 11.2% higher than that of the corresponding Q1 2023 quarter. Our recent venture into the light water application of the nuclear plant segment highlights our ongoing expansion efforts. Our solar segment has also witnessed significant growth propelling us to a future focused on introducing better and sustainable solutions.</em></p>



<p><em>The annual dealer conference was recently concluded in Kochi where we hosted 150+ dealers was very successful, where we recognized and rewarded the star performers. We also shared our vision for the year 2024, strengthening and reinforcing our enduring partnership.</em></p>



<p><em>Giving a flying start and confidence for fiscal 2024, KSB remains optimistic and committed to excellence, sustainability, and creating lasting value for all stakeholders.</em>&#8220;</p>
<p>The post <a href="https://nrinews24x7.com/ksb-limited-reports-successful-q1-2024-results-showing-growth-stability/">KSB Limited Reports Successful Q1 2024 Results Showing Growth &#038; Stability</a> appeared first on <a href="https://nrinews24x7.com">NRI News</a>.</p>
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		<title>Kirloskar Ferrous Industries Limited Reports INR 882 Crore Total Income in Q2 FY 2024</title>
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		<pubDate>Sun, 05 Nov 2023 09:35:24 +0000</pubDate>
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					<description><![CDATA[<p>PUNE: Kirloskar Ferrous Industries Limited (KFIL) has announced its unaudited financial results for the second quarter that ended September 30, 2023. The company, which is one of India&#8217;s leading castings and pig iron manufacturers, reported a total income of INR 882 crore and a net profit of INR 57 crore for the quarter. Despite the [&#8230;]</p>
<p>The post <a href="https://nrinews24x7.com/kirloskar-ferrous-industries-limited-reports-inr-882-crore-total-income-in-q2-fy-2024/">Kirloskar Ferrous Industries Limited Reports INR 882 Crore Total Income in Q2 FY 2024</a> appeared first on <a href="https://nrinews24x7.com">NRI News</a>.</p>
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<p><strong>PUNE:</strong> Kirloskar Ferrous Industries Limited (KFIL) has announced its unaudited financial results for the second quarter that ended September 30, 2023. The company, which is one of India&#8217;s leading castings and pig iron manufacturers, reported a total income of INR 882 crore and a net profit of INR 57 crore for the quarter. Despite the challenges posed by high input commodity prices, KFIL expects normalized production capacities for the second half of the year.</p>



<p>Commenting on the Q2 FY 2024 results, <strong>R.V. Gumaste, Managing Director of KFIL</strong>, said, &#8220;<em>This has been a challenging quarter, especially due to the pressure of high input commodity prices. All our planned shutdowns are done now, and we expect normalized production capacities for the second half of the year. Casting demand for commercial vehicles and off-highway vehicles continued strong, however, demand from the tractor industry was subdued. During the quarter, we completed the acquisition of Oliver Engineering, and we have taken management control as of September 29, 2023.</em>&#8220;</p>



<p>KFIL&#8217;s standalone Q2 FY 2023-24 financial performance showed operating revenue at INR 879.8 crore, a 5% decrease Q-o-Q, while EBITDA was at INR 132.7 crore, a 5% increase Q-o-Q. The EBITDA margin was at 15% for Q2 FY24, compared to 14% for Q1 FY24. The company&#8217;s PBT was at INR 75.9 crore for Q2 FY24, a 7% increase Q-o-Q, while PAT was at INR 56.9 crore for Q2 FY24, a 6% increase Q-o-Q.</p>



<p>In terms of consolidated Q2 FY 2023-24 financial performance, KFIL reported operating revenue at INR 1,559.7 crore, a 4% increase Q-o-Q, while EBITDA was at INR 252.3 crore, a 22% increase Q-o-Q. The EBITDA margin was at 16% for Q2 FY24, compared to 14% for Q1 FY24. The company&#8217;s PBT (before exceptional item) was at INR 169.8 crore for Q2 FY24, a 25% increase Q-o-Q, while PAT was at INR 81.7 crore for Q2 FY24, a 12% decrease Q-o-Q.</p>



<p>KFIL, founded in 1991, caters to various industry sectors, such as tractors, automobiles, and diesel engines. The company&#8217;s manufacturing facilities at Koppal, Hiriyur, and Solapur have the unique capability of producing a range of products that include grey iron castings up to 300 kg pieces. The company also produces various grades of pig iron such as SG iron grade, basic steel grade, and foundry grade. KFIL is expanding its manufacturing capacities in pig iron and casting. The company supplies fully machined castings and has added a coke oven manufacturing facility with waste-heat recovery power.</p>



<p>KFIL&#8217;s Q2 FY 2024 financial results show a challenging quarter due to high input commodity prices. However, the company expects normalized production capacities for the second half of the year. The acquisition of Oliver Engineering has been completed, and the management control has been taken as of September 29, 2023. KFIL is expanding its manufacturing capacities in pig iron and casting, and the company supplies fully machined castings.</p>
<p>The post <a href="https://nrinews24x7.com/kirloskar-ferrous-industries-limited-reports-inr-882-crore-total-income-in-q2-fy-2024/">Kirloskar Ferrous Industries Limited Reports INR 882 Crore Total Income in Q2 FY 2024</a> appeared first on <a href="https://nrinews24x7.com">NRI News</a>.</p>
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