Kabra Extrusiontechnik Q2: PAT Skyrockets 1,084% as New-Energy Division Fires on All Cylinders
India, Oct. 16 -- The Mumbai-based plastic extrusion machinery maker, which has spent the last few years building a battery and energy storage business, Kabra Extrusiontechnik has released its September quarter results. Sales rose sharply, profit grew from a very small base, and one division now makes up most of the company. The board also announced a senior management change and shared updates on new projects and fresh funding. Here is what the numbers show, and what they could mean for the months ahead.
The Nifty 50 traded at 23,122, up 0.53%, while the Sensex gained 0.45% to 74,650 on Friday. While the benchmark indices traded marginally higher, Against the backdrop of a broader market rally, Kabra Extrusiontechnik Limited is in focu...
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