India Movers: Alicon Castalloy, Crisil, Cords Cable Industries, Dynemic Products, ESAB India, Lords Chloro Alkali, Ramco Industries

Arun Goswami
11 Mar, 2025
Mumbai

Ramco Industries Ltd. dropped 0.9% to ₹232.40 despite the building materials manufacturing company reporting a three-fold increase in earnings in the December quarter.

Consolidated revenue increased to ₹347.5 crore from ₹336.5 crore, after-tax profit rose to ₹88.9 crore from ₹26.4 crore, and diluted earnings per share jumped to ₹10.27 from ₹3.16 a year ago.

Crisil Ltd. decreased 1% to ₹4,368.90 after the independent bond rating agency reported a marginal decline in revenue and a 30% increase in net income in the December quarter.

Consolidated revenue declined to ₹943.2 crore from ₹951 crore, net income rose to ₹224.7 crore from ₹210.1 crore, and diluted earnings per share advanced to ₹30.72 from ₹28.73 a year ago.

The company's board recommended a final dividend of ₹26 per share.

Dynemic Products Ltd. fell 3% to ₹268.05 despite the food colors maker reporting a three-and-a-half-fold increase in earnings in the December quarter.

Consolidated revenue increased to ₹95.6 crore from ₹71.6 crore, after-tax profit jumped to ₹4.4 crore from ₹1.2 crore, and diluted earnings per share rose to ₹3.60 from ₹1.04 a year ago.

Lords Chloro Alkali Ltd. plunged 0.7% to ₹137 after the chemical manufacturing company's net income swung to a profit in the December quarter.

Consolidated revenue advanced to ₹65.5 crore from ₹58.5 crore, net income swung to a profit of ₹1.3 crore from a loss of ₹3.2 crore, and diluted earnings per share rose to an income of 49 paisa from a loss of ₹1.29 a year ago.

ESAB India Ltd. declined 0.4% to ₹4,479.95 despite the welding and cutting specialist reporting a slight increase in revenue and net income in the December quarter.

Consolidated revenue increased to ₹340.8 crore from ₹302.5 crore, after-tax profit rose to ₹40.4 crore from ₹38 crore, and diluted earnings per share advanced to ₹26.24 from ₹24.66 a year ago.

Cords Cable Industries Limited decreased 1.8% to ₹165.55 despite the cable maker company reporting a 57% jump in its earnings in the December quarter.

Consolidated revenue advanced to ₹206.1 crore from ₹168.5 crore, net income jumped to ₹4.7 crore from ₹3 crore, and diluted earnings per share rose to ₹3.61 from ₹2.27 a year ago.

Alicon Castalloy Limited dropped 3.7% to ₹715, and the aluminum castings maker reported a 95% decline in profit in the December quarter.

Consolidated revenue decreased to ₹393 crore from ₹405.7 crore, after-tax profit dropped to ₹0.8 crore from ₹16.7 crore, and diluted earnings per share fell to 48 paisa from ₹10.28 a year ago.

Varroc Engineering Ltd. fell 1.1% to ₹428.05 after the automotive parts and components company reported a 19% increase in net income in the December quarter.

Consolidated revenue advanced to ₹1,879 crore from ₹1,720.9 crore, net income increased to ₹45.5 crore from ₹38.2 crore, and diluted earnings per share rose to ₹2.98 from ₹24.98 a year ago.