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Revenue declined slightly by 0.6% YoY, standing at ₹328.9 crore, down from ₹330.9 crore in Q3 FY24.

Welspun posted its highest ever nine months of revenue at ₹2,563 crore, which grew 25% year-on-year during the same period.

The company will also focus on railway signalling and safety solutions, covering areas like train control and condition monitoring.

M&M and Bajaj Finance are the two stocks that hit a 52-week high in Sensex and in Nifty

In the previous corresponding quarter, the company posted a net profit of ₹4,028.30 Crore, said the company in its filing with the bourses.

Crossing ₹300 crore in Assets Under Management (AUM) is one of the most significant milestones achieved by the company during this quarter

At the operating level, EBITDA fell by 19.9% YoY to ₹434 crore, compared to ₹542 crore in the corresponding quarter last year.

Net profit for the company declined sharply by 66.16% YoY at ₹280.15 crore for Q3 FY25, compared with ₹828.04 crore in the corresponding quarter last year.

The NFO is available for subscription from Jan 31 to Feb 14, 2025.

Garden Reach Shipbuilders Ltd declared a record-high interim dividend of ₹8.95 a share