Mafatlal Industries Ltd Share Price – NSE  / BSE

Diversified, Small Cap

Net profit of Mafatlal Industries rose 43.29% to Rs 24.46 crore in the quarter ended December 2024 as against Rs 17.07 crore during the previous quarter ended December 2023. Sales rose 116.65% to Rs 910.28 crore in the quarter ended December 2024 as against Rs 420.16 crore during the previous quarter ended December 2023.

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Mafatlal Industries will hold a meeting of the Board of Directors of the Company on 4 February 2025.

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Mafatlal Industries has been appraised at Maturity Level 3 (ML3) of the CMMI Institute's Capability Maturity Model Integration (CMMI)® for CMMI- DEV and CMMI-SVC.

An appraisal at Maturity Level 3 indicates that the Company is performing at a “Defined” level. At this level, the company focuses on achieving both projects and organizational performance objectives.

Maturity Level 3 signifies that Mafatlal Industries use organizational standards and tailors to address project and work characteristics, enabling the use and contribution to organizational assets. The focus is on achieving project and organizational performance objectives while fostering continuous improvement and delivering high-quality products and services.

CMMI is a capability improvement framework that provides organizations with the essential elements of effective processes that ultimately improve their performance. The CMMI framework and associated best practices are widely used by organisations around the world to guide improvement in their processes.

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Net profit of Mafatlal Industries declined 4.59% to Rs 19.97 crore in the quarter ended September 2024 as against Rs 20.93 crore during the previous quarter ended September 2023. Sales rose 222.58% to Rs 995.52 crore in the quarter ended September 2024 as against Rs 308.61 crore during the previous quarter ended September 2023.

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