In its filing with the bourses, the company reported that the current contract period of 36 months has been extended for an additional six months.
The business said that it logged a 10.70% year-on-year decline in its consolidated net profit at ₹420.80 Crore for Q4FY25.
According to IBEE, its electric vehicles will be run in large volumes under the contract in key Tier 2 and Tier 3 cities of Tamil Nadu
On the other hand, corporates transacting with a particular bank comes across as a sign of trust within the lender.
The factory will be developed in two phases. In the first phase, the company will set up a production of 2,400 wagons per year.
Revenue from operations fell 20.3% YoY to ₹1,360.9 crore from ₹1,708.2 crore in the corresponding quarter last year.
Consolidated revenue for the March quarter rose 18% YoY to ₹6,528 crore.
The company also posted a 123.07% jump in its capital expenditure (capex) utilisation at ₹8,647.33 Crore in FY2025.
Bharat Elec, HDFC Life are the two stock to hit 52-week high in Nifty.
The Unit-II Baddi plant, which got the renewed certification, has state-of-art infrastructure and state-of-the-art manufacturing technology to cater to complex therapeutic segments in an efficient manner.

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