Valiant Organics announced that Arvind Chheda (DIN: 00299741) who was appointed as the Managing Director of the Company, has retired from the post of Managing Director pursuant to completion of his tenure with effect from the close of business hours of 19 April 2024.Powered by Capital Market - Live News

Net loss of Valiant Organics reported to Rs 7.89 crore in the quarter ended December 2023 as against net profit of Rs 21.97 crore during the previous quarter ended December 2022. Sales declined 43.54% to Rs 141.36 crore in the quarter ended December 2023 as against Rs 250.37 crore during the previous quarter ended December 2022. ParticularsQuarter Ended�Dec. 2023Dec. 2022% Var. Sales141.36250.37 -44 OPM %1.8215.26 - PBDT-1.2137.05 PL PBT-9.8129.79 PL NP-7.8921.97 PL Powered by Capital Market - Live News

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

Valiant Organics has allotted 4,05,561 equity shares on conversion of equivalent optionally convertible preference shares (OCPS). Post aforesaid allotment, the issued, subscribed and paid-up equity share capital of the company has increased to Rs. 27,57,50,490 dividend into 2,75,75,049 equity shares of Rs. 10 each. Powered by Capital Market - Live News

Net profit of Valiant Organics declined 77.06% to Rs 3.92 crore in the quarter ended September 2023 as against Rs 17.09 crore during the previous quarter ended September 2022. Sales declined 21.46% to Rs 182.48 crore in the quarter ended September 2023 as against Rs 232.34 crore during the previous quarter ended September 2022. ParticularsQuarter Ended�Sep. 2023Sep. 2022% Var. Sales182.48232.34 -21 OPM %9.4813.51 - PBDT13.7129.47 -53 PBT5.3122.67 -77 NP3.9217.09 -77 Powered by Capital Market - Live News