Backed by 100% export growth and strong order book Ice Make Refrigeration Limited (Ice Make), leading supplier of innovative cooling solutions and manufacturer of refrigeration equipments , has posted total revenue of Rs. 57.55 Cr for H1FY20, which stood marginally up as compared to Rs 57.46 Cr recorded in the corresponding period of H1FY19. However, inspite of improved order book, on account of higher employee expenses towards new skilled manpower and top management recruitments its standalone and consolidated net profit for this period stood lower at Rs 0. 95. Cr and Rs 0.61 Cr respectively compared to Rs 2.63 Cr posted in H1FY19. During the period company’s EBIDTA margin stood at 5.8 % as compared to 9% for H1 FY20. Company’s Chairman and Managing Director Mr Chandrakant Patel, said, “ Despite challenging business environment ICE Make was able maintain growth in revenue. Moreover, we are more confident at this juncture on the back of our investments in building robust

Tasty Dairy Specialities Ltd, one of the leading producers of dairy and milk products on Thursday reported 20% jump in its net profit at INR Rs 3.54 Cr for the first half of fiscal year 2020. Despite challenging environment, the company’s total revenue increased from Rs 173.78 Crore to Rs 199.24 Crores, registering a growth of 14.59%. D uring the period in H1FY20 Company’s EBIDTA margin stood at 3.95% while EPS stood at Rs. 1.73 per share . Company’s Chairman and Whole Time Director Atul Mehra,   said, “We have posted a decent financial performance driven by spurt in demand in fast growing value added segments, strategic changes in our product mix and new customer acquisitions. Having over two and half decades of expertise and experience, we are able to maintain a healthy growth because of our constant efforts to de-risk the business. Dairy business is largely insulated from the weakness in the economic environment as consumers are unlikely to reduce consumption of milk