Modern Insulators
218.95
+9.10(+4.34%)
Market Cap₹1,032.20 Cr
PE Ratio19.87
Company Performance:
1D+4.34%
1M+47.89%
6M+121.12%
1Y+98.16%
5Y+363.78%
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More news about Modern Insulators
14Aug 25
Modern Insulators Reports Strong Q1 Results with 36% Revenue Growth
Modern Insulators Limited (MIL) announced robust Q1 financial results with a 36% increase in standalone revenue to Rs 14,137.27 lacs and more than doubled profit to Rs 1,613.55 lacs. The Insulators segment generated Rs 12,745.29 lacs in revenue, while the Terry Towels segment contributed Rs 1,391.98 lacs. The Board approved the notice for the 40th AGM, appointed Anshika & Associates as Secretarial Auditors, and approved shareholding reclassification. The auditor noted an unprovided taxation of Rs 261.93 lacs due to a proposed amalgamation. MIL provided interest-free unsecured loans of Rs 7,124 lacs for the amalgamation and Rs 1,130.50 lacs to its wholly-owned subsidiary.
28May 25
Modern Insulators Posts Mixed Q4 Results: Revenue Up, Profit Down
Modern Insulators Ltd reported a 14.29% increase in Q4 revenue to ₹1600.00 million and an 18.67% rise in EBITDA to ₹178.00 million. EBITDA margin improved to 11.15%. However, net profit declined by 43.83% to ₹91.00 million compared to the same quarter last year. The company showed growth in sales and operational efficiency but faced profitability challenges.
20Feb 25
Modern Insulators Commits ₹10 Crore Investment in Sohum India Opportunities Fund
Modern Insulators Limited has approved a ₹10 crore investment in Sohum India Opportunities Fund, a Category III Alternate Investment Fund. The investment, to be made in tranches, follows a Growth at Reasonable Price (GARP) strategy with 70% allocation to large-cap stocks and 10-30% to mid/small-cap stocks. This move signifies Modern Insulators' effort to diversify its portfolio beyond its core electrical insulator business.
Modern Insulators
218.95
+9.10
(+4.34%)
1 Year Returns:+98.16%
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