Net profit of Tilaknagar Industries rose 166.86% to Rs 37.04 crore in the quarter ended September 2023 as against Rs 13.88 crore during the previous quarter ended September 2022. Sales rose 29.10% to Rs 354.39 crore in the quarter ended September 2023 as against Rs 274.50 crore during the previous quarter ended September 2022. ParticularsQuarter Ended�Sep. 2023Sep. 2022% Var. Sales354.39274.50 29 OPM %13.3811.45 - PBDT40.1722.11 82 PBT31.9213.88 130 NP37.0413.88 167 Powered by Capital Market - Live News

Tilak Nagar Industries will hold a meeting of the Board of Directors of the Company on 2 November 2023.Powered by Capital Market - Live News

Tilaknagar Industries has appointed Vijeta Shah as Compliance Officer of the Company with immediate effect i.e. 16 October 2023. Powered by Capital Market - Live News

Tilak Nagar Industries announced that the Annual General Meeting (AGM) of the company will be held on 28 September 2023.Powered by Capital Market - Live News

Tilaknagar Industries has made a pre-payment of the Restructured debt of Edelweiss Asset Reconstruction Company (EARC) acting as trustee of EARC Trust SC 241.Accordingly, the total Restructured debt of Rs. 176.22 crore as on 30 June 2023 of EARC Trust SC 241 now stands reduced to Rs. Nil. Consequent to the above prepayment, the corresponding Balance debt of EARC Trust SC 241 of Rs. 3.62 crore has been waived by EARC and accordingly the same shall be written back by the Company. The prepayment of EARC debt has been funded through debt of Rs. 130 crore from Kotak Mahindra Bank and Internal Accruals of the Company. Powered by Capital Market - Live News