Genus Power Infrastructures Profit Surges in June Quarter
Jul 31, 2024 16:56
Genus Power Infrastructures reports a significant increase in net profit and revenue for the June 2024 quarter. Learn more about the company's performance and its electricity metering solutions.
New Delhi, Jul 31 (PTI) Genus Power Infrastructures on Wednesday reported an over two-fold rise in its net profit to Rs 42.4 crore during the June 2024 quarter.
Its net profit was Rs 19.3 crore in the April-June period of FY24.
Revenues rose 59 per cent to Rs 414.2 crore from Rs 261.1 crore in the year-ago quarter.
Genus Power Infrastructures provides electricity metering solutions.
***
IIM Ahmedabad's startup incubator launches accelerator for novice investors
* IIM Ahmedabad's startup incubator IIMA Ventures on Wednesday announced the launch of Venture Investing Accelerator programme to help early-stage, first-time investors.
The programme includes a 3-day bootcamp on the IIMA campus, scheduled for August 8-10, 2024.
"The accelerator will offer participants the chance to learn from and network with IIMA Professors, IIMA Ventures Partners, established leaders in venture investing, and peers. Participants will receive personalised mentoring tailored to their individual needs," IIMA Ventures said in a statement.
IIMA Ventures Partner Supriya Sharma said the accelerator aims to create a new generation of savvy investors who can navigate the complexities of early-stage investing and drive meaningful impact in the startup ecosystem.
IIMA Ventures (formerly IIMA- CIIE) was founded in 2002 as an entrepreneurship centre at IIM Ahmedabad.
Home »
Market News » Genus Power Infrastructures Profit Surges in June Quarter
DISCLAIMER - This article is from a syndicated feed. The original source is responsible for accuracy, views & content ownership. Views expressed may not reflect those of rediff.com India Limited.
You May Like To Read
MORE NEWS
Nepal Allows Indian High-Value Notes After Ban
Nepal lifts decade-long ban on Indian high-value currency notes (Rs 200 & Rs 500) up to...
SBI Yono 2.0 Launched; Hiring 10,000 Staff
SBI launches Yono 2.0 & plans to hire 10,000 staff to help customers migrate to digital...
Ravi Ranjan Appointed SBI MD
Ravi Ranjan appointed Managing Director of State Bank of India (SBI). He succeeds Vinay...
KSH International IPO: Rs 213 Cr from Anchor...
KSH International raises Rs 213 cr from anchor investors ahead of its IPO. IPO opens...
NCDEX Gets Sebi Nod for Mutual Fund Platform
NCDEX receives Sebi approval for mutual fund platform, paving the way for equity...
WhatsApp Data Sharing: NCLAT Clarifies User...
NCLAT mandates user consent for WhatsApp data collection, including advertising. Learn...
Pajson Agro IPO Subscribed 6.59 Times on Day 3
Pajson Agro India''s Rs 74.4-cr SME IPO subscribed 6.59 times on final day. IPO...
Battery Storage Cost Falls: Rs 2.1/Unit, Power Min
Battery energy storage (BESS) cost drops to Rs 2.1/unit from Rs 10.18 in 2022-23....
India Rice Exports to US: No Dumping, Says...
Commerce Secretary clarifies India exports expensive basmati rice to the US, refuting...
360 One Raises Rs 2,300 Cr Realty Fund
360 One Asset raises Rs 2,300 crore real estate fund, deploying majority in projects....
Read More »