PNN Mumbai Maharashtra [India] June 1 Krishca Strapping Solutions Limited NSE Code KRISHCA a leading manufacturer and wholesaler of high tensile steel straps strapping seals and strapping tools has announced its Audited financial result for H2 FY24 and FY24 Key Financial Highlights H2 FY24 Total Income of Rs 5680 Cr HoH growth of 1618 per cent EBITDA of Rs 1189 Cr HoH growth of 4225 per cent EBITDA Margin of 2094 per cent HoH growth of 384 Bps PAT of Rs 756 Cr HoH growth of 3325 per cent PAT of 1332 per cent HoH growth of 170 Bps EPS of Rs 633 HoH growth of 2339 per cent FY24 Total Income of Rs 10568 Cr YoY growth of 4595 per cent EBITDA of Rs 2026 Cr YoY growth of 4602 per cent EBITDA Margin of 1917 per cent YoY growth of 1 Bps PAT of Rs 1324 Cr YoY growth of 4173 per cent PAT of 1253 per cent EPS of Rs 1146 YoY growth of 730 per cent Commenting on the performance Lenin Krishnamoorthy Balamanikandan Chairman Managing Director Krishca Strapping Solutions Limited
PNN Mumbai Maharashtra [India] May 18 Krishca Strapping Solutions Limited NSE - KRISHCA one of the leading providers of comprehensive packaging solutions in the steel industry and a distinguished manufacturer and exporter of high tensile steel strapping is pleased to announce the successful launch of its state-of-the-art strapping line With an installed capacity of 1500 MT per month the new strapping line commissioned on May 14 2024 with the aim of boosting operational efficiency and increasing production capacity This environmentally friendly facility is marking a significant milestone in meeting the burgeoning demands of the steel industry As outlined in its IPO objectives this project stands as a testament to the company strategic vision and commitment to innovation The new strapping line is poised to revolutionize the packaging industry landscape with its advanced technology and eco-friendly design Commenting on this achievement Lenin Krishnamoorthy Balamanikandan Promoter Managing
234 companies have raised funds from Indian markets so far in 2023, with a significant portion of 176 companies falling within the SME category. In comparison, CY22 witnessed 103 SMEs entering the market; the number was 52 in 2021, 31 in 2020, and 31 in 2019.
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