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Axtel Industries slumps after weak Q1 performance
Axtel Industries slumps after weak Q1 performance

Business Standard

time6 days ago

  • Business
  • Business Standard

Axtel Industries slumps after weak Q1 performance

Axtel Industries tumbled 4.60% to Rs 468.50 after the company reported 53.8% fall in net profit to Rs 1.90 crore in Q1 FY26 from Rs 4.11 crore in Q1 FY25. Net sales declined by 39.1% year-over-year (YoY) to Rs 27.22 crore during the quarter. Total operating expenditure fell by 34.4% to Rs 25.71 crore in Q1 FY25 as compared with Q1 FY25. Profit before tax in Q1 FY26 stood at Rs 2.17 crore, down by 59.4% from Rs 5.34 crore in Q1 FY25. Axtel Industries (AIL) is engaged in manufacturing processing equipment, machineries, and systems for food processing industry. AIL offers complete process plants as well as individual equipment in the food processing value chain from raw material reception to final stages of processing in confectionery, malted drinks, aqua feed, ready to eat foods, bakery & biscuits, dairy products, beverages, instant mixes, snack foods, spices, condiments & seasoning segment.

Paul O'Connell: 'These guys are capable of taking on stronger opposition'
Paul O'Connell: 'These guys are capable of taking on stronger opposition'

Irish Examiner

time14-07-2025

  • Sport
  • Irish Examiner

Paul O'Connell: 'These guys are capable of taking on stronger opposition'

Portugal 7 Ireland 106 Saturday started with Scotland slipping to defeat against Fiji in Suva. It ended with England claiming a series win at the expense of Argentina in San Juan. Wales broke an 18-game winless run in Japan in between, a second-string French team sucked up some hard lessons in defeat to New Zealand, while Italy were outclassed by 14 against the Springboks. Some of those exercises were more worthwhile than others. Every one of them was of infinitely more value to the Six Nations sides involved than this cringe of an occasion at the Estadio Nacional on the outskirts of the Portuguese capital where Paul O'Connell's romped to a record win for an Irish men's Test team. Sixteen tries were scored against a host playing its first game for four months, and its last for another four. A side made up mostly of part-timers, the majority of them had prepared by playing in a local league the last 10 weeks that wouldn't match the AIL on its best day. Portugal coach Simon Mannix said that they had been basically trying to 'bluff' it. 'Yeah, the opposition could have been stronger, for sure,' said O'Connell when asked if it would have served Ireland better to be put to the pin of their collar in Tokyo or Buenos Aires. 'These guys are definitely capable of taking on stronger opposition, but it is what it is.' The stand-in Ireland head coach had by that stage already lamented the lack of a third summer run for an inexperienced squad that has been operating without so many players, coaches and backroom staff as a result of the secondments to the British and Irish Lions expedition in Australia. The original plan had been for a third Test in Bucharest against Romania but then the Eastern Europeans are still digesting a record loss to another Tier 2 nation this week having gone down 70-8 to Uruguay in Montevideo. That Ireland won't be crossing their paths is no small mercy for all concerned. It's no wonder then that O'Connell found himself waxing lyrical about the benefit of the tour in a wider sense, focusing in on the worth to young players of being in camp for a month and exposed to the jargon and the culture and the workrate and leadership of men like captain Craig Casey and Ryan Baird. The Munster legend, while reluctant to pick out individuals who have impressed, explained how Finlay Bealham, now with the Lions after a late call-up, has benefited by singling out areas of his game and prep that others do well and tapping them up for pointers when in the national camp environs. 'That's been a big thing for us. We see it on the Emerging [Ireland] tours, they just need an opportunity, whether it is with Ireland or with their provinces. There are some very, very good players and they just have to gain the experience. 'They have to play a game, review it, train. Play a game again, be reviewed and accumulate. That's what a lot of our frontliners are doing with their provinces and Ireland: they are playing games and reviewing it and putting that into place. Others just need that chance.' Boil it all down and Ireland scored 140 points and 20 tries over the last two weekends while conceding two. There were nine Test debuts handed out with Shayne Bolton, Hugh Gavin and Alex Kendellen, the three newbies in Lisbon, all getting on the scoresheet two days ago. To be fair to Ireland, they never stopped playing their game their way in the face of a paper-thin Portuguese defence. Time and again teams have lost their shape and their focus in such circumstances. Not here, not even with the beach within touching distance, almost literally and figuratively, at the end of such a long campaign. Whatever about the opposition, it's been good to see the likes of Bolton, Tommy O'Brien, Ben Murphy and Alex Kendellen wearing green jerseys at this grade while people like Casey, Jimmy O'Brien and Ryan Baird got to step up to roles of seniority. It's not yet confirmed if there will be another Emerging Ireland tour next season. O'Connell touched on the strains the concept can cause provinces and coaches while extolling the virtues of the time benefits to be accrued by those in need of such training wheels on the road to better things. Simon Easterby, his colleague on Andy Farrell's staff, has taken the head role on previous such ventures and challenged players involved to put their hands up for squads to follow come the November and Six Nations windows. O'Connell would do the same while painting this as a picture with a greater measure of depth. 'It's not just about that first game up [against New Zealand in Chicago in November], it's about the next two years.' Portugal: N Sousa Guedes; S Bento; V Pinto, T Appleton, M C Pinto; H Aubry, H Camacho; D Costa, L Begic, D H Ferreira; A R Andrade, P Ferreira; D Wallis, N Martins, D Pinheiro. Replacements: G Aviragnet for Appleton (21); F Almeida for Aviragnet (33); G Costa for Andrade (50); M Souto for Begic and A Cunha for Costa (both 57); PS Lopes for Begic (57); AR Andrade for Ferreira (60); V Baptista for Pinheiro 62). Ireland: J O'Brien; T O'Brien, H Gavin, S McCloskey, S Bolton; J Crowley, C Casey; J Boyle, G McCarthy, T Clarkson; T Ahern, D Murray; R Baird, A Kendellen, C Prendergast. Replacements: M Deegan for Baird, M Milne for McCarthy, T Stewart for Boyle, T O'Toole for Clarkson and C Frawley for McCloskey (all 52); C Nash for T O'Brien (54); C Izuchukwu for Murray (60); B Murphy for Casey (61). Referee: A Leal (RFU).

Aarti Industries shares see 20% surge amid strategic expansion and cost optimization
Aarti Industries shares see 20% surge amid strategic expansion and cost optimization

Time of India

time04-07-2025

  • Business
  • Time of India

Aarti Industries shares see 20% surge amid strategic expansion and cost optimization

ET Intelligence Group: Shares of Aarti Industries (AIL), a maker of specialty chemicals and pharmaceuticals , have gained nearly 20% in the past three months and 7% since its quarterly result announcement on May 8. This has reduced its one-year fall to 32%. A steady ramp-up in underutilised capacities, additional capex of ₹1,000 crore in the current fiscal year on top of ₹1,372 crore in FY25 and improving Ebitda from cost-optimisation efforts are expected to drive future growth. Of the planned capex, around ₹800 crore will be directed towards new product development, with the balance allocated for maintenance. "Our large project initiatives at Zone IV (in Jhagadia, Gujarat) are being executed in a phased manner, with commissioning scheduled to progress through FY26," said Suyog Kotecha, CEO of Aarti Industries, during the company's earnings call. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Do you have a mouse? Play this for 1 minute and see why everyone is crazy about it. Play Game Undo The Zone IV facility is expected to support production of niche, high-value products used primarily in agrochemicals and pharmaceuticals, offering robust Ebitda margins. "In FY25, several cost optimisation initiatives, both variable and fixed, were successfully completed, with plans to achieve similar targets in FY26," said Suyog Kotecha. Agencies For FY25, the company's revenue rose by 15% year-on-year to ₹8,046 crore while Ebitda rose by 3% to ₹1,016 crore. The company has set Ebitda target of ₹1,800-₹2,200 crore over the next three years. Live Events "With expanded capacity, AIL targets consistent volume growth over the next three years," noted Axis Securities in a report. "Combined with operating leverage and cost efficiency measures, these efforts are expected to bring the company closer to achieving its FY28 Ebitda goal." The company aims to increase utilisation of nitro chloro benzenes, di-chloro benzene, and hydrogenation units to 85% from 75% soon. "The company has recently expanded its nitro-toluene (NT) value chain, ethylation, and MMA capacities (in H2, FY25) which will be ramped up in FY26," noted Emkay Global Financial Services in a report. "We expect gradual ramp-up tied up with demand growth which will lead to better operating leverage." The brokerage has upgraded Aarti to 'buy' from 'add' and revised its target price to ₹525 from ₹500. Company shares fell 1% to ₹480 apiece on Thursday on the Bombay Stock Exchange.

‘It still kills you inside a little bit when you're not in the team' – Nick Timoney triumphs over great adversity
‘It still kills you inside a little bit when you're not in the team' – Nick Timoney triumphs over great adversity

Irish Independent

time29-06-2025

  • Sport
  • Irish Independent

‘It still kills you inside a little bit when you're not in the team' – Nick Timoney triumphs over great adversity

Back-row has endured a rough ride in pursuit of Ireland jersey Today at 00:30 Getting hammered by Galway Corinthians in a Division 2A AIL match is one of those things Nick Timoney will never forget. It was late in the 2017 season, in the second of his two-year academy contract with Ulster and the back-row was slogging away with Queen's University as he hadn't got near a senior appearance for the province.

Leinster youngster to emulate Brian O'Driscoll historic feat this summer
Leinster youngster to emulate Brian O'Driscoll historic feat this summer

Irish Daily Mirror

time06-06-2025

  • Sport
  • Irish Daily Mirror

Leinster youngster to emulate Brian O'Driscoll historic feat this summer

Stephen Smyth has made just four appearances for Leinster, all of them this season as a sub, and been on the pitch for a grand total of sixty-five next game will be for Ireland in either Georgia or Portugal in which point the 20 year-old hooker will become the first player to play for Ireland without having started for his province since Brian O'Driscoll made his debut against Australia in has been some week for Smyth, who is still a First Year Academy trainee at the Blues and who started the season as, technically, their SIXTH choice hooker and who was the very, very last to know he was selected. Smyth was in Australia on an Academy sabbatical/leadership course with Rugby League outfit Melbourne Storm - a plane ticket/summons home came in the same email as 'congratulations you have been selected...'.As for being down the pecking order at Leinster, no shame there as both Dan Sheehan and Ronan Kelleher were established Ireland stars and, indeed, are going on the Lions Tour this McCarthy was so established Andy Farrell capped him in the November 2024 Series while John McKee and Lee Barron had both made 2022 debuts for the the 2024/25 newbie at Leinster had caught the eye at almost every representative level on the way up culminating in playing Six Nations, World Championships for Ireland U21 and Old Wesley in the AIL through 2023/ the previous parts of his resume which included such as captaining Leinster Schools, playing Ireland U18, captaining Ireland U19 in Japan were impressive the more for Smyth having started his rugby as a centre, moved to no8 and has only latterly converted to hooker."Somebody of his size profile, probably was always going to end up in the pack," says Old Wesley coach Morgan Lennon with whom the hooker has prospered."He's made remarkable strides, it's not obvious to most people that he has only transitioned to hooker two years ago when he came out of school where he was a no8."Like anybody who's picking up the situation at that stage, throwing was the biggest challenge because he'd always been a good ball-carrier, good defender."From the minute I came across him, when he came out of school and made the decision to come to us he always had the raw materials, the size-profile."When you look at him he looks very like a Dan Sheehan or a Ronan Kelleher, he's got that physical profile, six foot two, six foot three, 14 kilos and he's dynamic, quick, powerful."Switching position in rugby doesn't have to be traumatic, Brian O'Driscoll was a scrum-half in school, Denis Leamy was a place-cking centre at school it is just that anyone switching to hooker has a whole new responsibility, throwing into the BOD's case he was playing AIL for UCd when called up by Warren Gatland for the 1999 Australia tour, making his debut at 19 years, four months and 21 days and who would make his Six Nations debut in 2000, a campaign in which he would score his famous Paris hat-trick. "It was the throwing that was always going to be the thing that was going to separate him, that was going to cause some problems and he would be the first to admit he's worked incredibly hard on that."He struggled during the first Ireland U20s campaign when he first came out of school and couldn't really get in."There was a lot of talk about him and I was kind of being told about him, the background noises that he was not going to get to be a pro, but his throwing came on incredibly between the end of the U20 Six Nations and the U20 World Cup."Then, obviously, there was a couple of injuries which meant he started a lot of the games in the 20s World Cup and he's just gone on an upward trajectory since then."That's in part as former Leinster hooker Aaron Dundon (2010-16) is Line-out Coach at Welsey."It's funny because myself and Aaron, we've talked about quite a bit around Stevie and the thing about him is that Aaron would always say that a hooker has to be throwing regularly in game situations, and he has thrown regularly with us."It didn't always go our way, there were times where we were playing AIL and it was like 'Oh my god, we're never going to win him out here'."But he has shown he has the playing capacity and the mental capacity to not let that get into his overall game and I think he also matured a huge amount in two years, he obviously growing from a boy to a man not just on the physical side but mentally too."Smyth, says Lennon, has proved himself remarkably committed to Wesley who are, don't forget an amateur side."Stevie and Billy Corrigan who is also at Leinster and still U20s have been brilliant for us, so good that at 20/21 years they are part of our leadership group."Their contribution here has been excellent whether it is making it to all our training sessions in the evenings even if they have been with Leinster or the U20s in the morning, picking up cones or chatting to the lads."So I'd imagine there will be more for Stevie to pick up while on tour with Ireland, he'll have an exposure to different coaches and while I don't know I would expect Stevie to be able to relate to Paul O'Connell, I think they'll have some common ground."Those who have seen Smyth in action this season for Leinster are hardly legion, there has just been Connacht away (7 mins, Nov), home to Lions (2 mins, Nov), home to Cardiff (23 minutes, March) and away to Bulls (33 mins, March).And while the immediate future is clear, touring and hopefully picking up an Ireland cap, it may be that, given the number of top-flight hookers queuing at Leinster there will be some David Humphreys-style thinning was loaned to Munster for the latter part of this season with the move now full-time and this week's appointment of Stuart Lancaster to Connacht comes with the suggestion there will be a 'loan superhighway' set up between the western and eastern and Kelleher won't be going anywhere but if the question is whether Lancaster will be able to capture one of McCarthy, McKee or Smyth - either full-time or on loan - the answer is almost certainly 'yes'.

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