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Satia Industries Ltd - 539201 - SEBI(PIT) Regulations, 2015

Disclosure under SEBI (PIT) Regaulations, 2015
19-08-2023
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Satia Industries Ltd - 539201 - Submission Of Audio /Video Recording Of Earning Call

Submission of Audio/video recording of Earnin call
16-08-2023
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Satia Industries Ltd - 539201 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

This is in continuation to our earlier notification dated 10.08.2023 regarding Investor meeting, in addition to that the schedule of other Analyst/Institutional Investor meeting to be held on today i.e 16.08.2023 at 2.00PM with the Company is also enclosed
16-08-2023
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Satia Industries Ltd - 539201 - Updation Of Earning Call Notification

Updation of Schedule of earning call
16-08-2023
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Q1FY24 Quarterly Result Announced for Satia Industries Ltd.

Paper & Paper Products company Satia Industries announced Q1FY24 results: Revenue from operations increased by 15% on YoY from Rs 4,170 million in Q1FY23 to Rs 4,812 million in Q1FY24, led by higher sales realization. During Q1FY24, our gross profit margins have improved to 59.1% from 47.7% in Q1FY23 and remain steady on sequential basis. It was 59.6% in Q4FY23. The EBITDA increased by 114% on YoY basis to Rs 1,493 million in Q1FY24 from Rs 699 million in Q1FY23 led by higher realizations and lower cost of materials consumed. EBITDA margin improved for the fourth consecutive quarter to 31.0% in Q1FY24. Net profit stood at Rs 841 million in Q1FY24, compared to Rs 302 million in Q1FY23, a growth of 178% YoY. EPS for Q1FY24 was Rs 8.4 as compared to Rs 3.0 in Q1FY23. During Q1FY24, the company has prepaid term loans of Rs 342.7 million. Commenting on the financial results, Executive Director Chirag Satia, said, “We are thrilled to unveil our company's exceptional performance in the face of a challenging external landscape. Despite these challenges, our dedication and strategic approach have yielded remarkable results. The Revenue from Operations has increased by 15% yoy in Q1FY24. Notably, our EBITDA also achieved significant progress as well, and increased by 114% YoY to reach Rs 1,493 million. This impressive growth can be attributed to a combination of factors, including a robust upswing in volume and the favourable effects of improved economies of scale. As a result, our EBITDA margins have soared to 31.0% during this quarter, representing the highest margin achievement in our company's history. These remarkable results are a direct outcome of our commitment to streamlining operations, optimizing resource allocation, and enhancing overall operational efficiency. These efforts have had a direct impact on our improved EBITDA margins, further reinforcing our ability to navigate challenges effectively. Looking ahead, we maintain a positive outlook for the coming year, as we expect to witness sustained healthy volume growth. Our strong partnerships with state boards, coupled with a promising demand outlook for the Printing & Writing Papers segment, provide a solid foundation for this anticipated growth trajectory. Furthermore, our company's commanding position in the state's textbook segment translates into substantial revenue visibility for the medium term. This robust order book underscores our stability and positions us favourably to capitalize on market opportunities.” Result PDF
14-08-2023
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Satia Industries Ltd - 539201 - Record Date For Interim Dividend

Record Date for interim Dividend
12-08-2023
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