{"id":156582,"date":"2023-11-22T07:55:16","date_gmt":"2023-11-22T12:55:16","guid":{"rendered":"https:\/\/44.250.171.167\/?p=156582"},"modified":"2023-11-22T07:55:17","modified_gmt":"2023-11-22T12:55:17","slug":"rossell-india-ltd-q2fy24-33-fall-in-profits","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/rossell-india-ltd-q2fy24-33-fall-in-profits\/","title":{"rendered":"Rossell India Ltd Q2FY24; 33% fall in Profits"},"content":{"rendered":"\n<p>Rossell India Ltd was incorporated in 1994 by Mr. H.M. Gupta as Rossell Tea Ltd. It added Aviation and Defence manufacturing and service capabilities for its growth. On 19th April 2011, the company named itself Rossell India Ltd to represent its diverse business. The company has two divisions, namely Tea and Aerospace Defence (Engineering, Manufacturing, and Services). It has spent 27 years in the Tea division and 9 years in the A&amp;D division. The company\u2019s promoter has around three decades of experience in the tea industry. In FY 2013, the company entered the hospitality division but was discontinued from October 1, 2019.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Financial Results:<\/h2>\n\n\n\n<p>Rossell India Ltd reported Revenues for Q2FY24 of \u20b9119.00 Crores same from \u20b9119.00 Crore year on year.<\/p>\n\n\n\n<p>Total Expenses for Q2FY24 of \u20b992.00 Crores up from \u20b979.00 Crores year on year, a rise of 16.46%.<\/p>\n\n\n\n<p>Consolidated Net Profit of \u20b924.00 Crores down 33.33% from \u20b936.00 Crores in the same quarter of the previous year.<\/p>\n\n\n\n<p>The Earnings per Share is \u20b96.48, down 34.41% from \u20b99.88 in the same quarter of the previous year.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"839\" height=\"1024\" src=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-297-839x1024.png\" alt=\"\" class=\"wp-image-156583\" srcset=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-297-839x1024.png 839w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-297-246x300.png 246w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-297-768x937.png 768w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-297-1259x1536.png 1259w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-297.png 1489w\" sizes=\"auto, (max-width: 839px) 100vw, 839px\" \/><\/figure>\n\n\n\n<p>*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.<\/p>\n\n\n\n<p>*The presented data is automatically generated. It may occasionally generate incorrect information.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/app.asai.alphastreet.io\/test-drive\/dashboard?utm_source=IN_WordPress&amp;utm_medium=IN_WordPress&amp;utm_campaign=IN_WordPress&amp;utm_id=IN_WordPress\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" width=\"870\" height=\"321\" src=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/ASAI-Product-2-5.gif\" alt=\"\" class=\"wp-image-156437\"\/><\/a><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>Rossell India Ltd was incorporated in 1994 by Mr. H.M. Gupta as Rossell Tea Ltd. It added Aviation and Defence manufacturing and service capabilities for its growth. On 19th April 2011, the company named itself Rossell India Ltd to represent its diverse business. The company has two divisions, namely Tea and Aerospace Defence (Engineering, Manufacturing, [&hellip;]<\/p>\n","protected":false},"author":1863,"featured_media":156583,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[105,392,5753],"tags":[8142,1850,11489],"class_list":["post-156582","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-infographics","category-earnings","category-industrials","tag-aviation","tag-defense","tag-tea"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-297.png","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":151053,"url":"https:\/\/alphastreet.com\/india\/rossell-india-ltd-q1fy24-75-fall-in-profits\/","url_meta":{"origin":156582,"position":0},"title":"Rossell India Ltd Q1FY24; 75% fall in Profits","author":"Karan_Singh","date":"August 3, 2023","format":false,"excerpt":"Rossell India Ltd was incorporated in 1994 by Mr. H.M. Gupta as Rossell Tea Ltd. It added Aviation and Defence manufacturing and service capabilities for its growth. On 19th April 2011, the company named itself Rossell India Ltd to represent its diverse business. The company has two divisions, namely Tea\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-128.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-128.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-128.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-128.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-128.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-128.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":179519,"url":"https:\/\/alphastreet.com\/india\/rossell-techsys-reports-record-q3-revenue-amid-planned-capital-raise\/","url_meta":{"origin":156582,"position":1},"title":"Rossell Techsys Reports Record Q3 Revenue Amid Planned Capital Raise","author":"Staff Correspondent","date":"February 4, 2026","format":false,"excerpt":"Rossell Techsys Limited (NSE: ROSSTECH) the aerospace and defense manufacturer achieved 72% year-over-year quarterly revenue growth and is initiating its first-ever Qualified Institutional Placement to fund capacity expansion into semiconductor and space sectors. The company delivered its highest-ever quarterly revenue of approximately \u20b9130 crore for the period ended December 31,\u2026","rel":"","context":"In &quot;Analysis&quot;","block_context":{"text":"Analysis","link":"https:\/\/alphastreet.com\/india\/category\/stock-analysis\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":156917,"url":"https:\/\/alphastreet.com\/india\/balaji-amines-ltd-q2fy24-70-fall-in-profits\/","url_meta":{"origin":156582,"position":2},"title":"Balaji Amines Ltd Q2FY24; 70% fall in Profits","author":"Divyansh_Kasana","date":"November 30, 2023","format":false,"excerpt":"Balaji Amines Ltd specialises in manufacturing Methylamines, Ethylamines, Derivatives of specialty chemicals and Pharma Excipients. These have been the main products, it also have facilities for the manufacturing of derivatives, which are down-stream products for various pharma\/pesticide industries apart from user specific requirements. 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