The company's net profit increased to Rs 726 crore, up from Rs 566 crore in the year-ago period.
NSE Board decided to double the SGF corpus from Rs50bn to Rs100bn over the next few years. In this regard, NSE has started contributing 2% of transaction revenues (Rs2bn) to its SGF corpus, and it would also make an ad-hoc transfer to this fund (Rs14bn transferred at the end of Q1FY24).
The NCLT order had rejected IDBI Bank's plea to initiate insolvency proceedings against Zee Entertainment
The company's net profit fell by 70% on a QoQ basis.
The company started FY24 with strong double-digit value.
On FY24 growth expectations, Anup Bagchi said “If you look at month-on-month growth, our May and June were better than April. For the quarter there was a little bit of compression on the margin and the APE. So that led to a little bit of compression on VNB.”
The lessors have determined that the airline's equity stake is worth Rs 48 per equity share.
The 200 MW and 150 MW solar projects are estimated to be operational by mid-2025.
EBITDA increases by 24.9 % YoY to Rs 114.3 crore
On the sectoral front, Nifty Auto index is trading nearly 2% lower.
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