Profit hikes 32.36% at Raw Edge Industrial Solutions in FY2018-19
Raw Edge Industrial Solutions marked Rs.59.97 Crore total revenue in the Fiscal Year 2018-19 registering 11.01% YOY growth.
Company : Riddhi Corporate Services Ltd
Raw Edge Industrial Solutions Limited reported Rs.2.29 Crore PAT in FY2018-19 increasing by Rs.0.56 Crore as against previous year"s. Reportedly in HY2 of FY2018-19, PAT reached Rs.1.05 Crore while last year it was Rs.1.23 Crore.
As per the reports, the company registered 30.96% YOY PBT growth accounting to Rs.3.13 Crore in FY2018-19. In the second half of FY2018-19 profit before tax decreased by Rs.0.46 Crore accounting to Rs.1.23 Crore as against Rs.1.69 Crore in a year-ago period.
Raw Edge Industrial Solutions Limited is engaged in the business of providing industrial minerals to manufacturing industries. The company has its registered office in Mumbai and corporate office in Surat.
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