Isgec Heavy Engineering announced that its step-down subsidiary - Cavite Biofuel Producers Inc. (CBPI), Philippines has commenced the commercial operation at its new ethanol plant at Philippineson 11 April 2024, after obtaining all requisite approvals.Powered by Capital Market - Live News

Net profit of ISGEC Heavy Engineering declined 1.65% to Rs 61.92 crore in the quarter ended December 2023 as against Rs 62.96 crore during the previous quarter ended December 2022. Sales declined 6.55% to Rs 1492.52 crore in the quarter ended December 2023 as against Rs 1597.06 crore during the previous quarter ended December 2022. ParticularsQuarter Ended�Dec. 2023Dec. 2022% Var. Sales1492.521597.06 -7 OPM %8.268.00 - PBDT115.72111.28 4 PBT88.6885.08 4 NP61.9262.96 -2 Powered by Capital Market - Live News

ISGEC Heavy Engineering will hold a meeting of the Board of Directors of the Company on 13 February 2024. The meeting would commence at 10.30 am.Powered by Capital Market - Live News

ISGEC Heavy Engineering will hold a meeting of the Board of Directors of the Company on 2 February 2024.Powered by Capital Market - Live News

ISGEC Heavy Engineering announced that ICRA has reaffirmed credit rating for Rs 5500 crore bank facilities of the company as under:Fund based working capital facilities (Rs 600 crore) - ICRA AA; Stable Fund based limits (Rs 3800.17 crore) - ICRA A1+Fund based / non fund based working capital limits (Rs 1099.83 crore) - ICRA AA; Stable/ ICRA A1+Powered by Capital Market - Live News