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Srikalahasthi Pipes Ltd reports earnings for Q3FY21

Srikalahasthi Pipes Ltd reports earnings for Q3FY21 Posted On: 2021-01-28 01:42:22 (Time Zone: Arizona, USA) The Board of Directors of Srikalahasthi Pipes Limited at its meeting held today has approved the unaudited financial results for the third quarter ended 31st December, 2020. Briefing about the outcome of the Board Meeting, Mr. G S Rathi, Whole Time Director of the Company informed that the profit before tax for the quarter ended 31st December, 2020 was Rs.66.64 crores, as compared to the profit of Rs.65.13 crores in the corresponding quarter of previous year. The profit after tax for the quarter ended 31st December, 2020 is Rs.46.78 crores as against net profit of Rs.67.66 crores in the same quarter of previous year.

Srikalahasthi Pipes standalone net profit declines 30 86% in the December 2020 quarter

Srikalahasthi Pipes standalone net profit declines 30 86% in the December 2020 quarter
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market outlook: Ahead of Market: 12 things that will decide stock action on Friday

Explore Now NEW DELHI: Nifty breached its 14,000 levels and touched its all-time high in the intraday session on Thursday and formed an indecisive candle on the daily chart. The 50-pack formed consecutive indecisive candles in the recent sessions, which signals towards caution that is being employed by the market participants with consistent profit booking and buying on dips approach. Ajit Mishra, VP - Research at Religare Broking opined, investors would await the auto sales numbers and PMI data as it would help in gauging the economic recovery. Further, global cues are likely to dictate the trend for the markets in the near term. We reiterate our cautious stance on the markets.

Indian Hume Pipe Co Receives LOA For Providing Water Supply Schemes In Uttar Pradesh

Indian Hume Pipe Co receives LOA for providing water supply schemes in Uttar Pradesh The company has received letter of acceptance (LOA) from State Water and Sanitation Mission, Namami Gange and Rural Water Supply Department (SWSM), Lucknow, Government of Uttar Pradesh for providing water supply schemes in 550 villages of Kanpur Division in Uttar Pradesh at an approximate value of Rs 550 crore, Indian Hume Pipe Co said in a regulatory filing. PTI December 11, 2020 / 11:38 AM IST Srikalahasthi Pipes: Belgrave Investment Fund increased its stake in the company to 6.07% from 5.8% earlier via open market purchases. Concrete pipe manufacturer Indian Hume Pipe Co Ltd on Friday said it has received letter of acceptance from the Uttar Pradesh government for providing water supply schemes in 550 villages in the state at an approximate value of Rs 550 crore.

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