Hot Pursuit     13-Jul-23
KIOCL soars on restarting operations at Mangalore-based pellet plant
KIOCL jumped 6.29% to Rs 197.80 after the company announced that the operations of its pellet plant unit located at Mangalore have been restarted with effect from 13 July 2023.

The company had temporarily shut down the operations at the said plant w.e.f. 2 July 2023 to carry out refractory repair work.

KIOCL is a flagship company under the Ministry of Steel, GOI, with Mini Ratna status. It is an export-oriented unit with expertise in iron ore mining, filtration technology and production of high-quality pellets. The company has also ventured into operating and maintenance (O&M) services for steel projects.

The company had reported 57.6% fall in net profit to Rs 82.21 crore on a 35.5% decline in income from operations to Rs 734.74 crore in Q4 FY23 over Q4 FY22.

Previous News
  Board of KIOCL appoints CFO
 ( Corporate News - 13-Feb-24   12:23 )
  KIOCL reports standalone net loss of Rs 21.39 crore in the September 2023 quarter
 ( Results - Announcements 09-Nov-23   07:38 )
  KIOCL restarts operations of Pellet Plant Unit at Mangalore
 ( Corporate News - 15-Jun-23   11:38 )
  KIOCL bags two mining exploration projects from NMET, Govt. of India
 ( Corporate News - 13-Apr-23   19:04 )
  KIOCL bags two mining contracts from National Mineral Exploration Trust
 ( Hot Pursuit - 14-Apr-23   09:28 )
  KIOCL standalone net profit declines 27.76% in the June 2020 quarter
 ( Results - Announcements 10-Aug-20   18:17 )
  KIOCL fixes record date for buyback of shares
 ( Market Beat - Reports 20-Oct-20   09:12 )
  KIOCL standalone net profit rises 669.53% in the September 2020 quarter
 ( Results - Announcements 12-Nov-20   08:26 )
  Volumes jump at General Insurance Corporation of India counter
 ( Hot Pursuit - 14-Dec-22   11:00 )
  KIOCL reports standalone net loss of Rs 43.78 crore in the June 2022 quarter
 ( Results - Announcements 04-Aug-22   08:15 )
  KIOCL to announce Quarterly Result
 ( Corporate News - 31-Jul-20   13:42 )
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