Excel Industries will hold a meeting of the Board of Directors of the Company on 24 May 2024.Powered by Capital Market - Live News

Excel Industries has received a Notice from Maharashtra Pollution Control Board ( Regional Office - Raigad ) that bank guarantee of Rs. 1 lakh issued by the Company has been forfeited by them for non-compliance of certain provisions of Water ( Prevention and Control of Pollution ) Act, 1974 and Air ( Prevention and Control of Pollution ) Act, 1981. Powered by Capital Market - Live News

Net profit of Excel Industries declined 84.90% to Rs 2.83 crore in the quarter ended December 2023 as against Rs 18.74 crore during the previous quarter ended December 2022. Sales declined 19.15% to Rs 180.28 crore in the quarter ended December 2023 as against Rs 222.97 crore during the previous quarter ended December 2022. ParticularsQuarter Ended�Dec. 2023Dec. 2022% Var. Sales180.28222.97 -19 OPM %0.9712.61 - PBDT12.0729.61 -59 PBT4.2221.76 -81 NP2.8318.74 -85 Powered by Capital Market - Live News

Net profit of Excel Industries declined 85.65% to Rs 2.68 crore in the quarter ended December 2023 as against Rs 18.68 crore during the previous quarter ended December 2022. Sales declined 19.15% to Rs 180.28 crore in the quarter ended December 2023 as against Rs 222.97 crore during the previous quarter ended December 2022. ParticularsQuarter Ended�Dec. 2023Dec. 2022% Var. Sales180.28222.97 -19 OPM %0.7612.56 - PBDT11.9429.54 -60 PBT4.0921.69 -81 NP2.6818.68 -86 Powered by Capital Market - Live News

Excel Industries announced the resignation of N. R. Kannan � Chief Executive Officer on 08 February 2024. He will continue to serve the Company in his current position till 30 June 2024. Powered by Capital Market - Live News