Hyderabad, 17 Aug: Ice Make Refrigeration Limited (NSE: ECEMAKE) a leading supplier of innovative cooling solutions and manufacturer of S0 plus refrigeration equipment in India has reported
100% growth in its revenue for the quarter ended S0 June 2022.
The consolidated revenue stood at Rs 64.84 cr against Rs S2.4S Cr posted in the corresponding quarter of last fiscal. The Company recorded a Profit before tax of Rs 4.1S Cr as
against a loss Before Tax of Rs 1.11 Cr last year in the June quarter.
During the quarter the Company posted a Net Profit of Rs S.09 Cr as against a loss of Rs 82.74 lakh last year in the corresponding quarter. Mr. Chandrakant Pa- tel CMD Ece Make Refrigeration Limited said” Strong demand in the end market led by a recovery in the economy and industrial activities helped Ece Make post strong growth in revenue. The Company has started reaping the fruits of its strategic initiatives and innovative range of over S0 plus products including our 1st branded solar cold room ”SoloPeriFresh”.
The Company completed its largest Ammonia refrigeration project of 4700 MT Butter Cold Storage Facility on a turn-key basis installed at Panchmahal Dist. Co. Op. Milk Producers’ Union Ltd Member Union of Gujarat Cooperative Milk Marketing Federation Ltd. (AMUL).
