Net profit of Sadhana Nitro Chem rose 24.00% to Rs 0.93 crore in the quarter ended December 2023 as against Rs 0.75 crore during the previous quarter ended December 2022. Sales rose 41.28% to Rs 44.08 crore in the quarter ended December 2023 as against Rs 31.20 crore during the previous quarter ended December 2022. ParticularsQuarter Ended�Dec. 2023Dec. 2022% Var. Sales44.0831.20 41 OPM %25.8615.13 - PBDT7.812.63 197 PBT3.980.95 319 NP0.930.75 24 Powered by Capital Market - Live News

Net profit of Sadhana Nitro Chem rose 414.81% to Rs 1.39 crore in the quarter ended December 2023 as against Rs 0.27 crore during the previous quarter ended December 2022. Sales rose 58.97% to Rs 49.20 crore in the quarter ended December 2023 as against Rs 30.95 crore during the previous quarter ended December 2022. ParticularsQuarter Ended�Dec. 2023Dec. 2022% Var. Sales49.2030.95 59 OPM %24.2915.80 - PBDT8.252.30 259 PBT4.420.47 840 NP1.390.27 415 Powered by Capital Market - Live News

Sadhana Nitro Chem will hold a meeting of the Board of Directors of the Company on 30 January 2024.Powered by Capital Market - Live News

The Board of Sadhana Nitro Chem at its meeting held on 02 December 2023 has approved fund raising of up to Rs 49.95 crore by way of rights issue of shares. The funds would be utilised for acquisition of a 126-acre plot of land. This land will be strategically employed for the establishment of both a solar power facility and a wind energy installation. These sustainable energy sources will be harnessed to generate electricity, which, in turn, will be utilised for the production of green hydrogen via water electrolysis, all within the confines of the same property.The Board also approved increase in authorised share capital from Rs 30 crore to Rs 60 crore. Powered by Capital Market - Live News

Sadhana Nitro Chem will hold a meeting of the Board of Directors of the Company on 2 December 2023.Powered by Capital Market - Live News