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Ceigall India Q2 results: Net profit rises 66.1% to ₹93 crore, revenue up 26.7%

Reported by: CNBC TV18 ·

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Ceigall India

Summary

CNBC TV18 reported that Ceigall India's net profit for Q2 rose 66.1% year-on-year to ₹93 crore, and revenue rose 26.7% to ₹1,022.4 crore. The board also approved fundraising of up to ₹1,000 crore and a divestment. Q2 is the July to September quarter, the second quarter of India's financial year. Year-on-year means compared with the same quarter last year. Net profit is what is left after all costs and tax. Revenue is the money earned from the main business. Fundraising here means the board has approved raising up to ₹1,000 crore, though the report does not say how. A divestment means selling off a stake or business. The report does not name the buyer or give a price for the divestment.

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CNBC TV18  · · Tone +2

Ceigall India Q2 results: Net profit rises 66.1% to ₹93 crore, revenue up 26.7%

Ceigall India reported a 66.1 percent rise in Q2 net profit to ₹93 crore and a 26.7 percent increase in revenue to ₹1,022.4 crore. The board approved fundraising up to ₹1,000 crore and the divestment

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  • Q2

    Revenue, profit, margins and EPS: what the numbers in a quarterly result mean, why year-on-year and quarter-on-quarter differ, and what a headline can leave out.

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