Top line grows 40% to Rs 67.12 crore Ice Make Refrigeration Limited  (NSE: ICEMAKE), a leading supplier of innovative cooling solutions and manufacturer of 50 plus refrigeration equipment in India, has reported  245.3% growth  in its net profit and  40.14%   growth in its revenue for the quarter ended on 30 September 2022.  The Company recorded a net profit of  Rs 4.64 Cr  in the reporting period as against  Rs 1.34 Cr  posted in the corresponding quarter of fiscal 2021. The consolidated revenue for Q2FY2023stood at  Rs 67.12 cr  against  Rs 47.90 Cr  posted in the corresponding quarter of fiscal 2021. Mr. Chandrakant Patel, CMD, Ice Make Refrigeration Limited said” Strong demand continued to help deliver robust growth in revenue and profitability jumped significantly in the reporting period of Q2FY23 due to higher scale and cost controls. During the quarter finance cost recorded a steep  56.7%  drop on a Year on Year basis to Rs 17.8 lakh while lower operating and fixed cost boosted

  Tailwind Financial Services (Tailwind), a new age wealth management platform, has partnered with Grip, India’s leading multi-asset alternative investment platform. Rishabh Goel, Managing Director, Tailwind Financial Services said “Founded in 2016, Tailwind has made significant inroads in the wealth management space in a short span of time and our partnership with Grip would further strengthen our capabilities and help bring more differentiated strategies for investors. Under the partnership we are offering solutions like Asset Leasing and Inventory Financing, which is unique for investors, helps in generating higher returns with the backing of tangible assets to protect in case of delays” Commenting on the tie-up Nikhil Aggarwal, Founder and CEO of Grip said “We are happy to partner with Tailwind Financial Services to help their investors benefit from our unique offerings. We are democratising wealth creation by providing investors access to investment options previously only ava