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The heavy outlay towards its expansion plans will mean there will be a spike in Deepak Nitrite s debt burden in the near future after becoming virtually debt-free in FY23
EPack Durables reported a net profit of Rs 4.9 crore for the December quarter. The company s turnaround is credited to the investments made in FY21 and FY22. EPack Durables plans to retire long-term debts using IPO proceeds and expects pent-up demand in the upcoming season. MD & CEO Ajay Singhania speaks about the Q3 performance, company s falling debts, IPO proceeds and stock s performance,
EPack Durables reported a net profit of Rs 4.9 crore for the December quarter. The company s turnaround is credited to the investments made in FY21 and FY22. EPack Durables plans to retire long-term debts using IPO proceeds and expects pent-up demand in the upcoming season. MD & CEO Ajay Singhania speaks about the Q3 performance, company s falling debts, IPO proceeds and stock s performance,