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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.

On the other hand, corporates transacting with a particular bank comes across as a sign of trust within the lender.

The company also stated that it plans to expand its shipbuilding capacity from 24 to 28 ships by the end of FY 2025.

Revenue from operations fell 20.3% YoY to ₹1,360.9 crore from ₹1,708.2 crore in the corresponding quarter last year.

Investors with a very high level risk appetite should invest in the Motilal Oswal Services Fund for 5-7 years.

Consolidated revenue for the March quarter rose 18% YoY to ₹6,528 crore.

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. 

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.

The company also posted a 123.07% jump in its capital expenditure (capex) utilisation at ₹8,647.33 Crore in FY2025.

The business said that it logged a 10.70% year-on-year decline in its consolidated net profit at ₹420.80 Crore for Q4FY25.