LIC
Picture Supply : FILE PHOTO State-owned Life Insurance coverage Company (LIC) workplace.

After bonus shares issuance in January this yr, LIC-backed FMCG big Integra Essentia has reported robust quarterly numbers within the fourth quarter (This autumn) that ended on March 31, 2024.

In keeping with an change submitting, it reported a bounce of greater than 250 per cent YoY within the internet revenue within the quarter. The identical stood at Rs Rs 5.91 crore as towards Rs 1.69 crore reported within the corresponding quarter a yr in the past.

Integra Essentia – which is engaged within the enterprise of Life Necessities i.e. meals, clothes, infrastructure and power, is backed by state-run Life Insurance coverage Company of India. LIC owns greater than 1 per cent stake within the firm.

The corporate’s whole gross sales within the fourth quarter got here in at Rs 277.27 crore as towards 241.41 crore in a yr in the past quarter.

Within the FY24, Integra Essentia’s internet revenue greater than doubled to Rs 15.28 crore whereas gross sales stood at Rs 277.27 crore.

As per BSE knowledge, the smallcap FMCG inventory has made its shareholders richer by greater than 200 within the final two years and 400 per cent in 3 years.



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