Elitecon International Ltd is in the business of tobacco and allied productsBusiness Overview: EIL manufactures and trades tobacco-based products for both domestic and international markets. The company currently operates in overseas markets including the UAE, Singapore, Hong Kong, and European countries like the UK. It plans to expand its product...
**Muthoot FinCorp Limited** Muthoot FinCorp has released its financial results for the quarter ended June 30, 2025. The company reported a Total Income from Operations of ₹1,029.60 Cr. Net profit for the period stood at ₹239.56 Cr, compared to ₹247.71 Cr in the same quarter last year, indicating a slight...
Elitecon International reported impressive Q1 FY26 financial results. Standalone sales surged 302% to ₹199.23 Cr compared to the prior year's Q1, with EBITDA climbing 325% to ₹20.93 Cr and PAT increasing 350% to ₹20.41 Cr. Consolidated performance also showed robust sequential growth, with sales reaching ₹524.87 Cr and PAT at...
**Rain Industries Limited** Rain Industries reported consolidated revenue of **Rs 4,401.38 Cr** for the quarter, with a net profit of **Rs 60.70 Cr**. For the half-year, consolidated revenue was **Rs 8,169.39 Cr** and a net loss of **Rs 76.99 Cr**. The financial results were approved by the Board. The company...
Elitecon International's Board has approved a strategic move to acquire Ashicore International Private Limited, an FMCG company, for up to Rs 350 Cr, securing 100% ownership. This acquisition aims to boost the company's footprint in the consumer goods sector. To help fund this, Elitecon plans a Qualified Institutions Placement (QIP)...
Elitecon International Limited has announced the resignation of an Independent Director. This constitutes a change in the company's board composition. Such changes are key for shareholders to monitor as independent directors are vital for corporate oversight and governance. This development impacts the board's structure, which is important for decision-making and...
