Damodar Industries is currently trading at Rs. 43.50, up by 1.50 points or 3.57% from its previous closing of Rs. 42.00 on the BSE.The scrip opened at Rs. 42.10 and has touched a high and low of Rs. 43.50 and Rs. 42.10 respectively. So far 1255 shares were traded on the counter.The BSE group `B` stock of face value Rs. 5 has touched a 52 week high of Rs. 81.18 on 05-Mar-2018 and a 52 week low of Rs. 35.50 on 18-Feb-2019.Last one week high and low of the scrip stood at Rs. 44.85 and Rs. 36.20 respectively. The current market cap of the company is Rs. 93.68 crore.The promoters holding in the company stood at 69.23%, while Institutions and Non-Institutions held 0.04% and 30.73% respectively.Damodar Industries has stated commercial production/supply at its newly set-up Unit situated at Additional Textile Park, MIDC Amravati, Nandgaonpeth, District Amravati, Maharashtra. This unit has been set up to Manufacturing and supply of Dyed Fancy Yarns, Melange Yarns and Cotton Yarns. Damodar Industries has a completely integrated and advanced production line for manufacturing fancy and speciality yarns. The company is engaged in spinning, draw-texturising, air-texturising, fancy doubling and yarn dyeing.

A decent increase of about 35.53% in the sales to Rs. 2073.42 millions was observed for the quarter ended June 2018. The sales figure stood at Rs. 1529.83 millions during the year-ago period.The Company to register a -30.78%  fall in the net profit for the quarter ended June 2018.Operating profit surged to 93.21 millions from the corresponding previous quarter of 86.01 millions. (Rs. in Million) Quarter ended Year to Date Year ended 201806 201706 % Var 201806 201706 % Var 201803 201703 % Var Sales 2073.42 1529.83 35.53 2073.42 1529.83 35.53 6496.53 7040.24 -7.72 Other Income 0.86 1.94 -55.67 0.86 1.94 -55.67 22.36 7.17 211.85 PBIDT 93.21 86.01 8.37 93.21 86.01 8.37 371.68 382.42 -2.81 Interest 40.13 25.95 54.64 40.13 25.95 54.64 109.62 125.25 -12.48 PBDT 53.08 60.06 -11.62 53.08 60.06 -11.62 262.06 257.17 1.90 Depreciation 25.53 20.41 25.09 25.53 20.41 25.09 85.05 118.85 -28.44 PBT 27.55 39.65 -30.52 27.55 39.65 -30.52 177.01 138.32 27.97 TAX 9.60 13.72 -30.03 9.60 13.72 -30.03 59.90 47.82 25.26 Deferred Tax 0.00 0.00 0.00 0.00 0.00 0.00 15.40 -9.68 -259.09 PAT 17.95 25.93 -30.78 17.95 25.93 -30.78 117.12 90.49 29.43 Equity 111.26 111.26 0.00 111.26 111.26 0.00 111.26 111.26 0.00 PBIDTM(%) 4.50 5.62 -20.04 4.50 5.62 -20.04 5.72 5.43 5.33

Damodar Industries is currently trading at Rs. 133.00, up by 4.00 points or 3.10% from its previous closing of Rs. 129.00 on the BSE.The scrip opened at Rs. 133.35 and has touched a high and low of Rs. 133.40 and Rs. 132.00 respectively. So far 454 shares were traded on the counter.The BSE group `B` stock of face value Rs. 10 has touched a 52 week high of Rs. 162.35 on 05-Mar-2018 and a 52 week low of Rs. 76.50 on 11-Aug-2017.Last one week high and low of the scrip stood at Rs. 135.00 and Rs. 122.30 respectively. The current market cap of the company is Rs. 147.97 crore.The promoters holding in the company stood at 69.19%, while Institutions and Non-Institutions held 0.01% and 30.80% respectively.Damodar Industries has commenced trial production at its new plant situated at T-26, Add. Textile Park, Nandgaon Peth, MIDC Amravati, Maharashtra on March 28, 2018. Damodar Industries has a completely integrated and advanced production line for manufacturing fancy and speciality yarns. The company is engaged in spinning, draw-texturising, air-texturising, fancy doubling and yarn dyeing.

Net sales declined -7.91%  to  Rs. 1555.39 million from Rs. 1688.94 millions.Handsome Net Profit growth of 79.39% reported above the corresponding previous quarter figure of Rs. 36.90 millions to Rs. 20.57 millions.Operating profit for the quarter ended December 2017 rose to 94.73 millions as compared to 93.82 millions of corresponding quarter ended December 2016. (Rs. in Million) Quarter ended Year to Date Year ended 201712 201612 % Var 201712 201612 % Var 201703 201603 % Var Sales 1555.39 1688.94 -7.91 4593.63 5255.72 -12.60 7042.75 6209.46 13.42 Other Income 0.06 1.00 -94.00 2.59 2.90 -10.69 4.51 4.22 6.87 PBIDT 94.73 93.82 0.97 265.67 287.54 -7.61 380.43 411.05 -7.45 Interest 25.67 32.33 -20.60 74.11 95.89 -22.71 125.25 130.05 -3.69 PBDT 69.06 61.49 12.31 191.56 191.65 -0.05 255.18 281.00 -9.19 Depreciation 21.50 30.03 -28.40 62.52 87.57 -28.61 118.71 127.80 -7.11 PBT 47.56 31.46 51.18 129.04 104.08 23.98 136.47 153.20 -10.92 TAX 10.66 10.89 -2.11 37.08 36.03 2.91 47.82 49.26 -2.92 Deferred Tax 0.00 0.00 0.00 0.00 0.00 0.00 -9.68 -13.36 -27.54 PAT 36.90 20.57 79.39 91.96 68.05 35.14 88.65 103.94 -14.71 Equity 111.26 111.26 0.00 111.26 111.26 0.00 111.26 111.26 0.00 PBIDTM(%) 6.09 5.55 9.64 5.78 5.47 5.71 5.40 6.62 -18.40

A decrease in the sales to Rs. 1508.41 millions was observed for the quarter ended September 2017. The sales stood at Rs. 1688.87 millions during the similar quarter previous year.A slim rise of 21.78% was recorded in the Net profit for the quarter ended September 2017 to Rs. 29.13  millions  From Rs. 23.92 millions.The Operating Profit of the company witnessed a decrease to 84.93 millions from 97.16 millions. (Rs. in Million) Quarter ended Year to Date Year ended 201709 201609 % Var 201709 201609 % Var 201703 201603 % Var Sales 1508.41 1688.87 -10.69 3038.24 3566.78 -14.82 7042.75 6209.46 13.42 Other Income 0.59 1.11 -46.85 2.53 1.90 33.16 4.51 4.22 6.87 PBIDT 84.93 97.16 -12.59 170.94 193.72 -11.76 380.43 411.05 -7.45 Interest 22.49 31.74 -29.14 48.44 63.56 -23.79 125.25 130.05 -3.69 PBDT 62.44 65.42 -4.56 122.50 130.16 -5.89 255.18 281.00 -9.19 Depreciation 20.61 28.83 -28.51 41.02 57.54 -28.71 118.71 127.80 -7.11 PBT 41.83 36.59 14.32 81.48 72.62 12.20 136.47 153.20 -10.92 TAX 12.70 12.67 0.24 26.42 25.14 5.09 47.82 49.26 -2.92 Deferred Tax 0.00 0.00 0.00 0.00 0.00 0.00 -9.68 -13.36 -27.54 PAT 29.13 23.92 21.78 55.06 47.48 15.96 88.65 103.94 -14.71 Equity 111.26 111.26 0.00 111.26 111.26 0.00 111.26 111.26 0.00 PBIDTM(%) 5.63 5.75 -2.13 5.63 5.43 3.59 5.40 6.62 -18.40

Damodar Industries has informed about Quarterly Statement on Investor Complaints / Grievances Redressal Mechanism for the Quarter ended December 31, 2016, under Regulation 13(3) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.The above information is a part of company’s filings submitted to BSE.

Damodar Industries has informed that the 28th Annual General Meeting (AGM) of the Company will be held on August 20, 2016.The above information is a part of company’s filings submitted to BSE.

Damodar Industries has informed that a meeting of the Board of Directors of the Company will be held on August 05, 2016, to consider and approve the Unaudited Financial Results of the Company for the quarter ended June 30, 2016. Pursuant to this, the trading window under the SEBI (Prohibition of Insider Trading) Regulations, 2015 will be closed from July 19, 2016 and will continue to remain closed till 48 hours after the declaration of the results.The above information is a part of company’s filings submitted to BSE.

Damodar Industries has submitted a copy of Declaration regarding Audit Report with unmodified opinion.The above information is a part of company’s filings submitted to BSE.

Damodar Industries has informed that a meeting of the Board of Directors of the Company will be held on May 27, 2016, to consider and approve the Audited Financial Results of the Company for the year ended March 31, 2016 and will also consider the recommendation of final dividend, if any, on the equity shares of the Company for the year ended March 31, 2016. Further, Pursuant to this, the trading window under the SEBI (Prohibition of Insider Trading) Regulations, 2015 will be closed from May 12, 2016 and will continue to remain closed till 48 hours after the declaration of the results.The above information is a part of company’s filings submitted to BSE.

Damodar Industries has informed about Authorized Key Managerial Personnel to determine materiality of events/information.The above information is a part of company’s filings submitted to BSE.

Damodar Industries has informed that a meeting of the Board of Directors of the Company will be held on October 30, 2015, to consider and approve the Unaudited Financial Results of the Company for the quarter and half year ended September 30, 2015. Pursuant to this, the Company has decided that the close period (i.e., closure of Trading window) for the Insiders covered under the Company’s ‘Code to Regulate, Monitor and Report Trading by Insider’ would commence from October 19, 2015 and end 48 hours after the results are made public on October 30, 2015.The above information is a part of company’s filings submitted to BSE.