Commissioned by the Andhra Pradesh government as part of its renewable energy drive, the project was awarded to Bondada Engineering.
EBITDA also jumped over two-times from last year to ₹42 crore demonstrating operating leverage and better profitability.
The partnership is seeking to design and manufacture cutting-edge logistics and cargo drones for defence and civilian operations in the country.
The Leela currently has a total of 3,553 keys in its portfolio, spread across 13 in operation properties, including palace hotels, hotels and resorts.
The company’s revenue from operations was at ₹2,694.4 crore, down 11.7% from ₹3,052 crore in Q4 FY24.
Here are some of the stocks that may see significant price movement today: Glenmark Pharma, Ashok Leyland, NTPC, etc.
Company's EBITDA Margin increased to 13.20% compared to 11.98% in the same period of the previous year
The company’s revenue dipped 24% to ₹459.8 crore from ₹604.3 crore in Q4 FY24.
The deal is for production and delivery of Universal Rocket Launchers ranging up to 300 km.
The company’s net profit for the March quarter remained flat at ₹165 crore.
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