INSUBCONTINENT EXCLUSIVE:
Shares of EKI Energy settled five per cent higher at Rs 1,814 on the BSE.Shares of EKI Energy gained five per cent to touch a 52-week high
EKI Energy reported total revenue of Rs 193 crore in the first quarter of the current fiscal, mostly driven by higher demand and improved
pricing of carbon credits.The company's net profit in the June quarter stood at Rs 36 crore, having margins of 18.5 per cent, while its
company's earnings before interest, tax, depreciation, and amortization (EBITDA) of Rs 48 crore in the June quarter, while margins
expanded to 24.7 per cent.''During Q1 FY2022, we continued to build upon the strong growth momentum of the previous year and delivered
another quarter of stellar performance
These strong numbers are driven by increasing market awareness for net zero emissions, increased demand from major markets especially from
settled five per cent higher at Rs 1,814 on the BSE.