Brief: Walchandnagar Industries Says Strike Has Been Called Off By The Labour Union On Jan 3

Walchandnagar Industries

03/01/2024 13:37

Jan 3 (Reuters) - Walchandnagar Industries Ltd
 WALC.NS :
    * STRIKE HAS BEEN CALLED OFF BY THE LABOUR UNION ON JAN 3
    * OPERATIONS OF CO AT WALCHANDNAGAR PLANT WERE PARTIALLY
IMPACTED
DUE TO  STRIKE 
    * CO LOST REVENUE OF AROUND 300 MILLION RUPEES,
PROFITABILITY WAS 
IMPACTED DUE TO LOSS OF REVENUE
    * OPERATIONS IMPACTED DUE TO STRIKE WOULD BE NORMALIZED FROM
JAN
04
    * TO RAMP UP PRODUCTION  WITHIN TWO WEEKS TO RESTORE FULL
NORMALCY

Source text for Eikon:  ID: 
Further company coverage:  WALC.NS 

 ((Reuters.Briefs@thomsonreuters.com;))