The sector is also looking for greater investment in EV charging stations and energy storage systems, which are necessary for a smoother transition to green mobility.
The currency has been under pressure, thus stabilizing it involves injecting Rs 600 billion into banks
The company’s revenue for the quarter registered an increase of 116% y-o-y to ₹3,457 Crore as compared to ₹1,596 Crore.
Adjusted EBITDA increased by 188% YoY to ₹60 crore compared to ₹21 crore in the previous year, showing a good improvement in profitability.
Revenue grew 7% year over year to ₹3,255 crore, as compared with ₹3,043 crore during the same quarter of last fiscal year
Biocon's EBITDA increased by 16% YoY to ₹787 crore, which shows improved operational performance.
The company’s net interest income (NII) witnessed a growth of 2.8% y-o-y to ₹11,417 Crore against ₹11,101 Crore in Q3FY25.
EBITDA grew 48% YoY at ₹210 crore, from ₹142 crore in the same quarter last year, marking better profitability.
Revenue from operations was at ₹34,253.52 crore, which was 8% QoQ growth on the back of higher gas demand, against ₹31,822.62 crore in the preceding quarter
Trump is contemplating further tariffs on China and intends to put tariffs on Canada and Mexico on Saturday.

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