Sun. May 28th, 2023

Delhi (India), February 12: Sindhu Trade Links Limited has recorded a 200% year-on-year increase in net profit on higher realisation to Rs. 2,822 lakhs in the nine months ended on December 31, 2021, and the earning per share is Rs. Rs. 5.54 as compared to Rs. 5.73.

The net profit after the tax deduction is at Rs 2,822 lakh compared to Rs 893.76 during the same period last year. The net revenue increased by 17.17% to Rs 69,840 lakh compared to Rs. 59,607.61 lakh.

Sindhu Trade Links Limited has recorded a 303.67% year-on-year increase in EBITDA on higher realisation to Rs. 7,661.64 lakhs in the nine months ended on December 31, 2021.The Equity Shares of STTL are listed on BSE (Scrip Code: 532029) with ISIN: INE325D01025.

According to members’ approval, the nominal value of the equity share of the Company has been sub-divided from Rs. 10 each to Rs. 1 each, with effect from February 4, 2022.

“The company’s management in order to enhance the visibility and liquidity in the company’s scrip, decided to seek a National Stock Exchange of India Limited (NSE) listing in the greater interest of the investors after taking into consideration that the company satisfies the eligibility criteria of NSE Direct Listing (Mainboard)” said the company spokesperson.

In terms of company’s management decision to become debt-free, the company has reduced its bank debt by Rs. 1041.5 million, almost 1/3rd of its peak bank debts in the last 15-18 months’.

The company has reduced its bank-debt guarantee during the previous financial year itself, wherein businesses across the world were considerably disturbed. Despite the outburst of the Covid-19 pandemic, the company has reduced bank debt every quarter with an aim to become debt-free by 2023.

During the current financial year, Rs. 784.7 million bank debt has been repaid by the company in the first nine months period.

By dsprime

45 thoughts on “Sindhu Trade Links reports more than 200 per cent increase in Net Profit; Marching Towards the Debt Free Regime”
  1. 785754 825823Maintain in touch whilst functioning from your own home workplace with out all of the hassle of purchasing or procurment costly workplace equipment. Debtors are allowed to apply with their a bad credit score background whenever. 493373

  2. 160321 282050Ill right away grasp your rss feed as I cant in finding your email subscription hyperlink or e-newsletter service. Do youve any? Please let me understand so that I might subscribe. Thanks. 646950

  3. I must thank you for the efforts you have put in penning this website.
    I’m hoping to view the same high-grade content by you in the future as well.
    In truth, your creative writing abilities has motivated me to get my own, personal blog now
    😉

  4. 479572 461013Aw, this was a genuinely good post. In concept I wish to put in writing like this in addition – taking time and actual effort to make an excellent article nevertheless what can I say I procrastinate alot and not at all appear to get something done. 11463

  5. 629409 27031As I web site possessor I believe the content matter here is rattling amazing , appreciate it for your efforts. You ought to keep it up forever! Greatest of luck. 874415

  6. 439866 741430hi!,I like your writing so a good deal! share we communicate far far more about your write-up on AOL? I need to have a specialist on this location to solve my issue. May possibly be thats you! Looking forward to see you. 145177

  7. 399643 937205Hi. Thank you for making this web site . I m working on betting online niche and have located this website using search on bing . Will probably be certain to look more of your content . Gracias , see ya. :S 226124

  8. 769875 901803Keep up the amazing piece of work, I read few posts on this internet website and I believe that your blog is actually interesting and holds bands of wonderful information. 560259

  9. 241185 366271oh well, Alicia silverstone is matured nowadays but when she was still younger, she could be the sex symbol of hollywood` 178989

  10. I think this is one of the most important information for me. And i’m glad reading your article. But should remark on some general things, The web site style is perfect, the articles is really excellent : D. Good job, cheers

  11. Its like you learn my thoughts! You seem to grasp a lot about this, like you wrote the ebook in it or something. I think that you simply can do with some to pressure the message house a bit, however instead of that, this is wonderful blog. An excellent read. I will certainly be back.

  12. It¦s really a cool and useful piece of info. I¦m satisfied that you simply shared this useful info with us. Please keep us informed like this. Thank you for sharing.

  13. Thank you a bunch for sharing this with all people you really know what you are talking approximately! Bookmarked. Please additionally consult with my website =). We can have a hyperlink trade agreement between us!

  14. Hmm is anyone else experiencing problems with the pictures on this blog loading? I’m trying to determine if its a problem on my end or if it’s the blog. Any responses would be greatly appreciated.

  15. That is the right blog for anybody who needs to find out about this topic. You notice so much its almost hard to argue with you (not that I actually would want…HaHa). You definitely put a brand new spin on a topic thats been written about for years. Great stuff, just nice!

  16. Heya i am for the first time here. I came across this board and I
    find It really helpful & it helped me out a
    lot. I’m hoping to offer something back and help others such as you
    aided me.

Leave a Reply

Your email address will not be published.