Rashi Peripherals’ Q1 Net Profit Jumps 16.95% To ₹550.37 Cr
Rashi Peripherals Limited, one of the leading national distribution partners for global technology brands in India, reported 16.95% rise in the net profit at ₹550.37 million for the first quarter ended June 30, 2024. The company’s total income rose 42.13% QoQ to ₹42,745.02 million; while EBITDA stood at ₹905.83 million, up 8.23% QoQ. Key Consolidated Financials: Operational Updates: o CRISIL Ratings assigned CRISIL A+/Positive and CRISIL A1 ratings to the company’s long-term and Short-term bank loan facilities amounting to ₹17,000 million o Won orders for NMDC Data Center and Tamil Nadu Education project o Rolled out 40 city Channel Business Forum (CBF) roadshow beyond 50 branches of RP Tech o Commenced the first Embedded Application Lab in Bangalore Commenting on the performance, Kapal Pansari, Managing Director, Rashi Peripherals Limited said,…
