EBITDA margin improved at 9% as against 6.8% in Q3 FY24 due to better control over costs and higher profit margins.
According to Torrent Power, this project marks a significant stride in its transition towards renewable energy and sustainability that would further anchor it in the clean energy transition in India.
Net profit surged 47.3% YoY to ₹1,316 crore. Revenue increased 39% YoY to ₹5,756 crore.
The asset quality had improved due to Gross Non-Performing Assets declining at 1.32% as against 1.37% of the previous quarter
IRB Infra declared a third interim dividend of ₹0.10 per equity share, with a record date of February 6, 2025.
Revenue from operations jumped 40.6% YoY to ₹953.9 crore compared with ₹678.5 crore in Q3 FY24, mainly on account of growth in the real estate segment.
EBITDA declined 10.1% YoY, dropping to ₹465 crore, from ₹517.5 crore last year, reflecting operational cost pressures and lower margins.
Gross Non-Performing Assets (GNPA) improved to 3.11%, down from 3.21% in the previous quarter, showing better loan book quality.
Here are some of the stocks that may see significant price movement today: Waaree Energies, Bank of Baroda, Bajaj Finserv, etc.
In order to balance their cost model, international players looked to India to establish their back-office operations

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