Optiemus Infracom will hold a meeting of the Board of Directors of the Company on 29 May 2024Powered by Capital Market - Live News

The Board of Optiemus Infracom at its meeting held on 14 May 2024 has approved the acquisition of 2,90,50,000 equity shares of Rs 10 each at an offer price of Rs 10 each amounting to a consideration of Rs 29.05 crore by way of subscribing to the right issue of Bharat Innovative Glass Technologies, joint venture cum subsidiary of the company. Powered by Capital Market - Live News

Net profit of Optiemus Infracom rose 42.64% to Rs 17.93 crore in the quarter ended December 2023 as against Rs 12.57 crore during the previous quarter ended December 2022. Sales rose 47.45% to Rs 481.70 crore in the quarter ended December 2023 as against Rs 326.68 crore during the previous quarter ended December 2022. ParticularsQuarter Ended�Dec. 2023Dec. 2022% Var. Sales481.70326.68 47 OPM %4.574.54 - PBDT23.1315.76 47 PBT19.1013.07 46 NP17.9312.57 43 Powered by Capital Market - Live News

Optiemus Infracom will hold a meeting of the Board of Directors of the Company on 12 February 2024.Powered by Capital Market - Live News

Net profit of Optiemus Infracom declined 23.94% to Rs 5.40 crore in the quarter ended September 2023 as against Rs 7.10 crore during the previous quarter ended September 2022. Sales declined 8.82% to Rs 274.34 crore in the quarter ended September 2023 as against Rs 300.87 crore during the previous quarter ended September 2022. ParticularsQuarter Ended�Sep. 2023Sep. 2022% Var. Sales274.34300.87 -9 OPM %4.582.78 - PBDT13.3315.17 -12 PBT9.2510.16 -9 NP5.407.10 -24 Powered by Capital Market - Live News