Gross Written Premium Up 18% At Rs 4,103 Cr Vs Rs 3,364 Cr Va | MMB

Gross Written Premium Up 18% At Rs 4,103 Cr Vs Rs 3,364 Cr
Value Of New Biz (VNB) Up 23% At Rs 213 Cr Vs Rs 172 Cr
Value Of New Biz Margin At 21.1% Vs 19.7%

BALAKRISHNA PAPER MILLS : Co. informs that our plant at Ambivali is still under shutdown for 'Annual Maintenance and Boiler Passing' and it will remain shutdown for another 7 to 10 days continue from today.

GMM PFAUDLER: Subsidiary GMM Pfaudler US Inc., USA (a subsidiary of GMM Pfaudler Limited) has approved the execution of a joint venture agreement with JDS Manufacturing, USA on August 1, 2022 For 51% shares of JDS For USD 500,000. Joint venture will further develop our high-margin service business and is expected to strengthen Co. market position in the Americas

BARBEQUE-NATION: Hospitality will acquire 6.34% additional stake, in subsidiary Red Apple Kitchen Consultancy (Toscano) for Rs 7.66 cr, by Aug 31. After the acquisition, the company's stake in Red Apple Kitchen Consultancy will increase to 75.16%

ORIENTAL AROMATICS Q1 : CONS.
NET PROFIT DOWN 62 % AT 8.6 CR (YOY), DOWN 17 % (QOQ)
REVENUE UP 1.5 % AT 233 CR (YOY), UP 15 % (QOQ)
EBITDA DOWN 53 % AT 16.1 CR (YOY), DOWN 25 % (QOQ)
MARGINS AT 6.9 % V 15 % (YOY), 10.59 % (QOQ)