As of December 31, 2024, the cash and cash equivalent balance of the company was reported at ₹23,248 Lacs.
The company declared interim dividend of ₹20 per share with face value ₹2. The record date for the same for eligible shareholders is February 14.
In India, fintech has become a compelling growth story compared to other tech segments and is expected to grow by 11.1x by 2030
On the operating level, EBITDA in Q3 FY25 grew by 102.9% YoY to ₹85.2 crore. EBITDA margin increased to 8.8%, compared to 7.9% in Q3 FY24
The project is expected to have revenue potential of ₹1,800 crore and will add to the company’s growing real estate portfolio.
The EBITDA margin also contracted during the year. It came in at 7.9% as compared to 9.6% in the previous corresponding period.
Additionally, the board of directors announced an interim dividend of ₹100 per share for the quarter under consideration.
The Union Budget provides for potential measures to boost the economy while RBI policy provides clarity on the interest rates and liquidity measures to fight inflation
Q3 FY25 order intake increased 5% q-o-q at ₹798 crore and 9M FY25 order intake was at ₹2,442 crore, up 13% YoY
Top gainers in Sensex include Tata Steel (3.96%), Bharti Airtel (3.73%), NTPC (1.82%), and M&M (1.89%).
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