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Q2FY22 Quarterly Result Announced for Visaka Industries Ltd.

Highlights Revenue up by 29.21%, Net Profit up by 7% Total revenue from operations (net) for the quarter was INR 29225.45 Lakhs, 29.21% Higher as compared to the corresponding quarter of September 2020. PBT for the quarter was INR 3201.93 Lakhs as compared to INR 2995.97 Lakhs showing an increase of 6.88%. Net Profit for the quarter after tax was INR 2379.09 Lakhs as compared to INR 2230.47 Lakhs in the corresponding quarter of September 2020 showing an increase of 6.66%. Total revenue from operations (net) for the six-month period was INR 64131.82 Lakh 25.41% higher than the corresponding period of 2020. PBT for the six-month was INR 8666.11 Lakhs compared to INR 7605.78 Lakhs in the corresponding period last yearshowing an increase of 13.94%. Net Profit for the period after tax was INR 6437.25 Lakh as compared to INR 5672.32 Lakhs in the corresponding Half-Year ended September 2020 showing an increase of 13.48%. Mr G. Vamsikrishna, Joint Managing Director, said, “The company has worked in a focussed and determined manner to overcome the challenges posed by Covid 19 pandemic. As the economy recovers and there is a positivity in consumer sentiment, we shall thrive to achieve better performances. Our resolve towards sustainable and persistent future performances reflect in our expansion plans in the VBoards segment and in the new initiatives of ATUM Life and ATUM Charge.” Result PDF
02-11-2021
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VISAKA INDUSTRIES LTD. - 509055 - Appointment of Company Secretary and Compliance Officer

Further to the submission of outcome of board meeting dated 30.10.2021 vide letter Ref: VIL/SEC/ST. EX/BM-Outcome/2021-22/30, we wish to inform that Mr. M.Muralidhar has been appointed as Company Secretary and Compliance Officer of the Company effective from 01.11.2021. Brief details as required under CIR/CFD/CMD/4/2015 are as follows: Reason: Appointment of Mr.M.Muralidhar as Company Secretary and Compliance Officer of the Company Date of appointment: Appointment effective from November 01, 2021 Brief profile He is a qualified Cost Accountant and Company Secretary with over 30 years of experience in handling Accounts, Costing, MIS, Budgeting and Finance. He joined Visaka Industries Limited in the year 1988 and managed multiple portfolios. He was one of the core team members in implementation of the ERP systems in the company. Disclosure of relationship between directors: None of the Directors of the company are related to Mr.M.Muralidhar.
31-10-2021
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Visaka Industries Ltd - 509055 - Announcement under Regulation 30 (LODR)-Press Release / Media Release

With reference to above and further to our submission of audited financial results for the third quarter / nine months ended 31.12.2020, we enclose herewith a copy of press release being made in that connection. This is for your information and records please.
30-10-2021
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Visaka Industries Ltd - 509055 - Board Meeting Outcome for Outcome Of The Board Meeting Held On 30.10.2021 And Audited Financial Results For The Second Quarter / Half Year Ended 30.09.2021

(a) The Board of Directors in their aforesaid meeting has inter-alia, approved audited financial results of the company (standalone and consolidated) for the second quarter / half year ended September 30, 2021, as reviewed and recommended by the Audit Committee of the Board together with cash flow statement for the half year ended September 30, 2021 and statement of assets and liabilities as at September 30, 2021; (b) The Auditor has expressed an unmodified opinion(s) on the audited financial results of the company (standalone and consolidated) for the second quarter / half year ended September 30, 2021. (c) Appointed Mr. M.Muralidhar as Company Secretary and Compliance Officer of the Company effective from November 1, 2021. His profile as required under CIR/CFD/CMD/4/2015 is enclosed herewith.
30-10-2021
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VISAKA INDUSTRIES LTD. - 509055 - Results-Financial Results For September 30, 2021

(a) The Board of Directors in the meeting held on 30.10.2021 has inter-alia, approved audited financial results of the company (standalone and consolidated) for the 2nd quarter / half year ended 30.09.2021, as reviewed and recommended by the Audit Committee together with cash flow statement and statement of assets and liabilities as at 30.09.2021; (b) The Auditor has expressed an unmodified opinion(s) on the audited financial results of the company (standalone and consolidated) for the 2nd quarter / half year ended 30.09.2021. (c) Appointed Mr. M.Muralidhar as Company Secretary and Compliance Officer of the Company effective from 01.11.2021. (d) With regard to the new Vnext Boards unit in Udumalpet, Tirpur District, Tamilnadu, commercial production is expected to commence in December 2021.
30-10-2021
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VISAKA INDUSTRIES LTD. - 509055 - Statement Of Investor Complaints For The Quarter Ended September 2021

No.of Investor complaints pending at the beginning of the quarter No.of Investor complaints received during the quarter No.of Investor complaints disposed of during the quarter No.of Investor complaints unresolved at the end of the quarter 1120 Name of the Signatory :- S ShafiullaDesignation :- Chief Financial Officer
19-10-2021
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Visaka Industries Ltd - 509055 - Board Meeting Intimation for Intimation Of Board Meeting - Audited Financial Results For Second Quarter / Half Year Ended 30.09.2021

VISAKA INDUSTRIES LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 30/10/2021 ,inter alia, to consider and approve With reference to above, it is hereby informed that next meeting of the Board of Directors of the Company is scheduled to be held on Saturday, October 30, 2021, inter-alia, to consider and approve the audited financial results of the Company (both standalone & consolidated) for the second quarter / half year ended September 30, 2021. In view of the said meeting, trading window of the company which has been closed since October 1, 2021 shall remain closed till November 1, 2021 i.e., elapse of 48 hours after the declaration of financial results.
19-10-2021
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Visaka Industries Ltd - 509055 - Shareholding for the Period Ended September 30, 2021

Visaka Industries Ltd has submitted to BSE the Shareholding Pattern for the Period Ended September 30, 2021. For more details, kindly Click here
18-10-2021
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