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Showing posts from May, 2022

ICE MAKE top line grows 53% to Rs 200cr in FY2022

  Net profit rise 103 % to Rs 7.32 crore BOD Recommends 12% Dividend for FY2022 Ice Make Refrigeration Limited ( NSE: ICEMAKE ), a leading supplier of innovative cooling solutions and manufacturer of 50 plus refrigeration equipments in India, has reported strong growth in financial performance for the fiscal year ended March 31, 2022. Net profit rose 85.57% to Rs 5.53 crore in the quarter ended March 2022 as against Rs 2.98 crore during the previous quarter ended March 2021. Sales rose 42.94% to Rs 76.90 crore in the quarter ended March 2022 as against Rs 53.80 crore during the previous quarter ended March 2021. For the full year,net profit jumped 102.77% to Rs 7.32 crore in the year ended March 2022 as against Rs 3.61 crore during the previous year ended March 2021. Top line grew 53.06% to Rs 206.10 crore in the year ended March 2022 as against Rs 134.65 crore during the previous year ended March 2021.   Mr. Chandrakant Patel, CMD, Ice Make Refrigeration Limited said ” It g

Ice Make launches “SoloPerifresh” to enhance farmer’s power of tomorrow

                  SOLO Perifresh  works to increase the bargaining power of the farmers  Ice Make Refrigeration Limited (Ice Make), a leading supplier of innovative cooling solutions and a manufacturer of over 50 refrigeration equipment in India, has launched an innovative range of Solar Powered Cold Storage Solutions for empowering the farmers and Farmer Producer Organizations (FPOs).   In order to solve the problems related to cold storage infrastructure in remote and powerless areas, Ice Make has introduced " SOLO Perifresh "-brand, which works to increase the bargaining power of the farmers by saving their perishable produce from getting spoiled. Powered by green technology the eco-friendly system will enable them to earn more income, prevent spoilage of their valuable produce, maintain quality, freshness, increase shelf-life of temperature prone produce and contribute in reducing carbon emissions and global warming. “ SOLO Perifresh " is a long-term solution to