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V.K.A. POLYMERS is engaged in the business of manufacture of innovative vector control products viz., monofilament mosquito nets. They are having other companies in their group and have invested in windmill power generation for their group captive consumption.
On the detailed evaluation undertaken, the management of the company in consultation with the experts decided to sell off its windmill division on a slump sale basis and the power needs of the plants of the company be met by way of purchase of solar power from various solar power generating companies which would result in saving the cost of power.
The slump sale will be executed on or before 30 September 2023.
Hatsun Agro Product manufactures and markets dairy products like milk, curd, ice creams, dairy whitener, skimmed milk powder, ghee, paneer, etc.
The company reported 39.06% decline in net profit to Rs 24.99 crore despite of 10% increase in revenue from operations to Rs 1,789.46 crore in Q4 FY23 over Q4 FY22.
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