Crossing ₹300 crore in Assets Under Management (AUM) is one of the most significant milestones achieved by the company during this quarter
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At the operating level, EBITDA fell by 19.9% YoY to ₹434 crore, compared to ₹542 crore in the corresponding quarter last year.
EBITDA growth was recorded at 21.6% YoY to ₹374.4 crore from ₹307.9 crore in the corresponding quarter of the previous fiscal.
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.
M&M and Bajaj Finance are the two stocks that hit a 52-week high in Sensex and in Nifty
The company will also focus on railway signalling and safety solutions, covering areas like train control and condition monitoring.
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.
Garden Reach Shipbuilders Ltd declared a record-high interim dividend of ₹8.95 a share
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