Shankara Building Products announced that CRISIL has continued its rating on the long-term bank facilities of the company on `Rating Watch with Developing Implications and ratings at `CRISIL BBB+`; The short term rating and commercial paper has been reaffirmed at `CRISIL A2`.Powered by Capital Market - Live News

Net profit of Shankara Building Products rose 30.85% to Rs 21.42 crore in the quarter ended December 2023 as against Rs 16.37 crore during the previous quarter ended December 2022. Sales rose 8.96% to Rs 1177.27 crore in the quarter ended December 2023 as against Rs 1080.44 crore during the previous quarter ended December 2022. ParticularsQuarter Ended�Dec. 2023Dec. 2022% Var. Sales1177.271080.44 9 OPM %3.262.70 - PBDT32.3226.83 20 PBT28.2922.75 24 NP21.4216.37 31 Powered by Capital Market - Live News

Shankara Building Products will hold a meeting of the Board of Directors of the Company on 13 February 2024.Powered by Capital Market - Live News

Net profit of Shankara Building Products rose 17.33% to Rs 18.21 crore in the quarter ended September 2023 as against Rs 15.52 crore during the previous quarter ended September 2022. Sales rose 26.00% to Rs 1142.49 crore in the quarter ended September 2023 as against Rs 906.72 crore during the previous quarter ended September 2022. ParticularsQuarter Ended�Sep. 2023Sep. 2022% Var. Sales1142.49906.72 26 OPM %3.122.93 - PBDT28.4923.58 21 PBT24.4719.65 25 NP18.2115.52 17 Powered by Capital Market - Live News

The Board of Shankara Building Products at its meeting held on 09 November 2023 has allotted 14 lakh equity shares on conversion of warrants. Powered by Capital Market - Live News