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Pidilite, TVS Motor, Indus Towers and RVNL in Focus

On a consolidated basis, the net profit of Pidilite Industries of Rs 307.74 crore in the Oct-Dec quarter of FY23 from Rs 359.24 crore in the Oct-Dec quarter of FY22. Total income rose to Rs 3002.72 crore in the Oct-Dec quarter of FY23 from Rs 2,855.89 crore in FY22.

On a consolidated basis, the net loss of Indus Towers to Rs 708 crore in the Oct-Dec quarter of FY23 compared to a net profit of Rs 1,571 crore in the Oct-Dec quarter of FY22. Revenue fell to Rs 6,765 crore in the Oct-Dec quarter of FY23 from Rs 6,927 crore in FY22.

TVS Motor Company reported a 22% rise in standalone net profit to Rs 353 crore on a 15% increase in revenue to Rs 6,545 crore in the Oct-Dec quarter of FY23 over the Oct-Dec quarter of FY22.

Rail Vikas Nigam (RNVL) has received a letter of award for the provision of automatic block signalling with dual MSDAC, EI/OC interface and block optimization in the Arakkonam Junction-Nagari section of Chennai division in Southern Railway. The cost of the project is Rs 38.40 crore.

Triveni Engineering & Industries reported a consolidated net profit of Rs 147.28 crore in the Oct-Dec quarter of FY23 from Rs 130.12 crore in the Oct-Dec quarter of FY22. Total income rose to Rs 1,658.71 crore in the Oct-Dec quarter of FY23 from Rs 1,235.44 crore in FY22.

The board of directors of PDS  appointed Rahul Ahuja as the group’s chief financial officer (CFO) on January 25, 2023.

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