Indag Rubber standalone net profit declines 78.02% in the December 2024 quarter
12 - Feb - 2025 12:00 | 47 days ago
Net profit of Indag Rubber declined 78.02% to Rs 0.80 crore in the quarter ended December 2024 as against Rs 3.64 crore during the previous quarter ended December 2023. Sales declined 14.58% to Rs 53.24 crore in the quarter ended December 2024 as against Rs 62.33 crore during the previous quarter ended December 2023.
On the segmental front, revenue from Precured Tread Rubber and allied products/services was Rs 60.98 crore (down 4.96% YoY) and that from Electronics including green energy storage was Rs 1.10 crore.
Total expenses increased by 2.65% YoY to Rs 62.54 crore in the September’24 quarter.
Profit before tax in Q2 FY25 stood at Rs 3.70 crore, down by 33.65% from Rs 5.58 crore in Q2 FY24.
Indag Rubber is one of the biggest players in the US retreading industry. The company provides retreading materials ranging from pre-cured retreaded rubber strips to other retreading accessories like envelopes.
The scrip had advanced 1.10% to end at Rs 184.10 on the BSE on Thursday.
On the segmental front, revenue from Precured Tread Rubber and allied products/services was Rs 60.98 crore (down 4.96% YoY) and that from Electronics including green energy storage was Rs 1.10 crore.
Total expenses increased by 2.65% YoY to Rs 62.54 crore in the September’24 quarter.
Profit before tax in Q2 FY25 stood at Rs 3.70 crore, down by 33.65% from Rs 5.58 crore in Q2 FY24.
Indag Rubber is one of the biggest players in the US retreading industry. The company provides retreading materials ranging from pre-cured retreaded rubber strips to other retreading accessories like envelopes.
The scrip had advanced 1.10% to end at Rs 184.10 on the BSE on Thursday.
Indag Rubber standalone net profit declines 20.28% in the September 2024 quarter
16 - Nov - 2024 12:00 | 135 days ago
Net profit of Indag Rubber declined 20.28% to Rs 3.97 crore in the quarter ended September 2024 as against Rs 4.98 crore during the previous quarter ended September 2023. Sales declined 4.97% to Rs 60.98 crore in the quarter ended September 2024 as against Rs 64.17 crore during the previous quarter ended September 2023.
Indag Rubber standalone net profit declines 78.02% in the December 2024 quarter
12 - Feb - 2025 12:00 | 47 days ago
Net profit of Indag Rubber declined 78.02% to Rs 0.80 crore in the quarter ended December 2024 as against Rs 3.64 crore during the previous quarter ended December 2023. Sales declined 14.58% to Rs 53.24 crore in the quarter ended December 2024 as against Rs 62.33 crore during the previous quarter ended December 2023.
On the segmental front, revenue from Precured Tread Rubber and allied products/services was Rs 60.98 crore (down 4.96% YoY) and that from Electronics including green energy storage was Rs 1.10 crore.
Total expenses increased by 2.65% YoY to Rs 62.54 crore in the September’24 quarter.
Profit before tax in Q2 FY25 stood at Rs 3.70 crore, down by 33.65% from Rs 5.58 crore in Q2 FY24.
Indag Rubber is one of the biggest players in the US retreading industry. The company provides retreading materials ranging from pre-cured retreaded rubber strips to other retreading accessories like envelopes.
The scrip had advanced 1.10% to end at Rs 184.10 on the BSE on Thursday.
Indag Rubber standalone net profit declines 20.28% in the September 2024 quarter
16 - Nov - 2024 12:00 | 135 days ago
Net profit of Indag Rubber declined 20.28% to Rs 3.97 crore in the quarter ended September 2024 as against Rs 4.98 crore during the previous quarter ended September 2023. Sales declined 4.97% to Rs 60.98 crore in the quarter ended September 2024 as against Rs 64.17 crore during the previous quarter ended September 2023.
Indag Rubber standalone net profit declines 78.02% in the December 2024 quarter
12 - Feb - 2025 12:00 | 47 days ago
Net profit of Indag Rubber declined 78.02% to Rs 0.80 crore in the quarter ended December 2024 as against Rs 3.64 crore during the previous quarter ended December 2023. Sales declined 14.58% to Rs 53.24 crore in the quarter ended December 2024 as against Rs 62.33 crore during the previous quarter ended December 2023.
On the segmental front, revenue from Precured Tread Rubber and allied products/services was Rs 60.98 crore (down 4.96% YoY) and that from Electronics including green energy storage was Rs 1.10 crore.
Total expenses increased by 2.65% YoY to Rs 62.54 crore in the September’24 quarter.
Profit before tax in Q2 FY25 stood at Rs 3.70 crore, down by 33.65% from Rs 5.58 crore in Q2 FY24.
Indag Rubber is one of the biggest players in the US retreading industry. The company provides retreading materials ranging from pre-cured retreaded rubber strips to other retreading accessories like envelopes.
The scrip had advanced 1.10% to end at Rs 184.10 on the BSE on Thursday.
On the segmental front, revenue from Precured Tread Rubber and allied products/services was Rs 60.98 crore (down 4.96% YoY) and that from Electronics including green energy storage was Rs 1.10 crore.
Total expenses increased by 2.65% YoY to Rs 62.54 crore in the September’24 quarter.
Profit before tax in Q2 FY25 stood at Rs 3.70 crore, down by 33.65% from Rs 5.58 crore in Q2 FY24.
Indag Rubber is one of the biggest players in the US retreading industry. The company provides retreading materials ranging from pre-cured retreaded rubber strips to other retreading accessories like envelopes.
The scrip had advanced 1.10% to end at Rs 184.10 on the BSE on Thursday.
Indag Rubber standalone net profit declines 20.28% in the September 2024 quarter
16 - Nov - 2024 12:00 | 135 days ago
Net profit of Indag Rubber declined 20.28% to Rs 3.97 crore in the quarter ended September 2024 as against Rs 4.98 crore during the previous quarter ended September 2023. Sales declined 4.97% to Rs 60.98 crore in the quarter ended September 2024 as against Rs 64.17 crore during the previous quarter ended September 2023.