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Sprayking Limited(Formerly Sprayking Agro Equipment Ltd) Secures First-Ever Sample Order for Hose Nozzles from Flobal Corporation, Japan

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Jamnagar: BSE listed, Sprayking Limited(BSE: 540079) (Formerly  Sprayking Agro Equipment Ltd) ,prominent regional player in the brass manufacturing industry, proudly has announced its milestone  achievement in securing its inaugural sample order for hose nozzles from Flobal Corporation, a distinguished Japanese company with over a century of expertise in supplying piping and tubing components and parts.  With a rich legacy spanning more than 100 years, Flobal Corporation has established itself as a premier  provider of plumbing parts for manufacturing industries worldwide. Boasting a comprehensive catalog of over 2 lac items, including a proprietary brand of stainless steel valves and fittings, Flobal Corporation  has consistently delivered top-quality products to meet the diverse needs of its clientele.  In addition to its extensive product line, Flobal Corporation distinguishes itself by importing and distributing hose clamps sourced from premier manufacturers in England and Germany,
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Julien Agro Infratech Ltd. On A High Growth Path

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  Established in 1997, Julien Agro Infratech Ltd. has expanded into construction and civil works, which led to a transformation in 2008. As a result of the company's dual focus on marketing and construction/civil works, turnover and profit have seen steady growth. Under the guidance of a seasoned board of directors, the company diligently safeguards its net worth and oversees its operations. For the quarter ended 31 December 2023, the company announced its revenues at Rs. 546 Lakhs. PAT came in at Rs. 20.51 Lakhs, with EPS standing at Rs. 0.10. In addition to its existing endeavors, the company hopes to expand into real estate development on a large scale. In the fiscal year 2022-23, a strategic decision was made to diversify into the agriculture sector, leading to the transformation into "Julien Agro Infratech Limited." With a comprehensive range of services tailored to its clients' needs, the company provides a comprehensive range of solutions. It offers cost-effect
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Lilavati Kirtilal Mehta Medical Trust Board Has Exposed A Major Financial Fraud Amounting Around Rs. 500 Crores, Making It Serious Medical Scam

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Forensic Audit found that a charity’s funds were misused by illegal erstwhile trustees  by Priya Jadhav Mumbai, 30th April 2024 :   Mr. Prashant Mehta, Permanent Trustee at Lilavati Hospital & Research Centre, Bandra Mumbai has exposed the financial misconduct revealed in the ongoing investigation  into financial irregularities within the institution . This significant development highlights his dedication to transparency and accountability in handling the results of forensic audits that unearthed a major financial fraud amounting to Rs. 500 crores by erstwhile trustees’  board , making it the serious medical scam. Present during the press conference were Mr. Prashant Mehta- Permanent Trustee,  Mr. Saurav Sharma- Trustee, Mr. Mohit Mathur and Adv. Mohammed Asim Shaikh. Following the order dated December 14, 2023, the Founder Permanent Trustees Mr. Kishor Mehta and Mrs. Charu Mehta have officially appointed Mr. Prashant Mehta, Mr. Rajiv Mehta, Mr. Rajesh Mehta, Mr. Sanjay Shroff, Mr
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REC Limited declares financial results, records highest ever annual net profit

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by Priya Jadhav The Board of Directors of REC Limited, a Maharatna Central Public Sector Enterprise and leading NBFC under the Ministry of Power, today approved the audited standalone and consolidated financial results for the quarter and year ended 31st March, 2024. Operational and Financial Highlights: Q4 FY24 vs Q4 FY23 (Standalone) Revenue from operations: ₹ 12,613 crores vs. ₹ 10,113 crores, up 25% Total income: ₹ 12,643 crores vs. ₹ 10,124 crores, up 25% Net interest income: ₹ 4,407 crores vs. ₹ 3,409 crore, up 29% Net Profit: ₹ 4,016 crores vs. ₹ 3,001 crore, up 34% Total Comprehensive Income: ₹ 5,183 crores vs. ₹ 3,645 crores, up 42% Yield: 10.03% vs. 9.65%, up 38 basis points Average cost of funds: 7.14% vs. 7.17%, reduction by 3 basis points Spread: 2.89% vs. 2.48%, up 41 basis points Net interest margin: 3.60% vs. 3.29%, up 31 basis points Return on net worth: 24.06% vs. 21.34%, up 13% Operational and Financial Highlights: 12M FY24 vs 12M FY23 (Standalone) Total sanctions: ₹
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BANK OF MAHARASTRA FINANCIAL RESULTS FOR THE QUARTER AND YEAR ENDED 31st Mar 2024

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  by Priya Jadhav RESULTS AT A GLANCE  Quarter 31 st  Mar 2024 vis a vis Quarter 31 st  Mar 2023 Total Business grew by 15.94 % to ₹ 474,411   Total Deposits increased by 15.66 % to ₹ 270,747   Gross Advances increased by 16.30 % to ₹ 203,664   Credit – Deposit (CD) Ratio improved to 22 %. Gross NPA declined to  88 % as on 31.03.2024. Net NPA reduced to 20 % as on 31.03.2024. Provision Coverage Ratio improved to 34 %. Ø  Operating profit grew by 19.10 % to ₹ 2,210 crore. Net Profit increased by 95 % to ₹  1,218  crore as on 31.03.2024 Ø  Net Interest Income increased by 18.17 % to ₹ 2,584 crore. Net Interest Margin (NIM) improved to 97 % as on 31.03.2024. Cost to Income Ratio stood at 38.72 %. Return on Assets (ROA) improved to 73 %. Return on Equity (ROE) improved to 35 %. CRAR stood at  38 % of which Tier I is 13.72%. Net Profit increased by 95 % to ₹ 1,218  crore in Q4FY24 on Y-o-Y basis as against ₹ 840 crore for Q4FY23.  The same is increased by 17.59 % on a Q-o-Q sequential basis
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Etrav Tech Ltd. Secures $3.9 Mn Investment Led by EaseMyTrip, Expanding Horizons and Propelling Innovation in Travel Tech Industry

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  Etrav Tech Ltd., headquartered in Mumbai, has recently secured a significant investment of $3.9 Mn (INR 33 Cr) in its second round of funding, led by EaseMyTrip. This strategic infusion of capital, spearheaded by EaseMyTrip, marks a pivotal moment for Etrav Tech, setting the stage for exponential growth and innovation. Specializing in providing comprehensive travel services to B2B travel agents nationwide, Etrav Tech covers a wide array of offerings including air tickets, hotel bookings, holiday packages, visa services, travel insurance, car rentals, and bus tickets. With a robust clientele consisting of over 40,000 + travel agents, 600 + distributors, and 700 + API/white label clients, the company primarily generates revenue from air ticket sales. Under Mr. Heniel Rupaarelia’s leadership, Etrav Tech has experienced exceptional revenue growth, exceeding 100% from FY 2021-22 to 2022-23. Recently, the company expanded its horizons by acquiring UAE’s Eagle Crest DMC, along with its subs
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