The company reported net sales of Rs 811.75 crore for the December 2021 quarter against Rs 738.86 crore for the previous corresponding quarter, reporting growth of 9.88% YoY.
For agriculture, the FM announced that a new scheme will be launched in PPP mode under which farmers will be provided with digital and hi-tech services.
Poonawalla Fincorp announced that CRISIL has assigned new ratings on companys instrument as below: Total bank loan facilities rated (Rs 2000 crore) – CRISIL AA-/Stable (assigned) Non convertible debentures (Rs 3000 crore) – CRISIL AA+/ Stable (assigned) Commercial paper (Rs 1000 crore) – CRISIL A1+ (reaffirmed) Powered by Capital Market – Live News
FM said the Customs National Portal will function with a focus on higher facilitation and with only risk-based checks.
The credit rating agency reaffirms the credit ratings of the company.
Mahindra & Mahindra (M&M) said that its overall auto sales for the month of January 2022 stood at 46,804 vehicles, up 20% YoY.
Alembic Pharmaceuticals rose 1.15% to Rs 765.35 after the company received a final approval from the United States Food & Drug Administration (USFDA) for its Abbreviated New Drug Application (ANDA) for Clarithromycin tablets USP, 250 mg and 500 mg.
80 lakh houses to be completed under PM Awas Yojana with an outlay of Rs48,000cr.

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