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An interim dividend of ₹10.50 on the face value per share for FY25 has been declared.

Operating margins stayed stable despite adversities created from forex losses, cost escalations; this profit was due to diversified business portfolios and effective cost management of the company.

Top gainers in Nifty include Tata Cons. Prod (6%), Nestle (5.37%), Bharat Elec (5.09%), Trent (4.8%).

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

The currency has been under pressure, thus stabilizing it involves injecting Rs 600 billion into banks

Adjusted EBITDA increased by 188% YoY to ₹60 crore compared to ₹21 crore in the previous year, showing a good improvement in profitability.

The company recorded an exceptional loss of ₹107 crore in the base quarter, which impacted the previous year’s comparison.

EBITDA grew 48% YoY at ₹210 crore, from ₹142 crore in the same quarter last year, marking better profitability.

The company declared a third interim dividend of ₹6 per share (60% on a face value of ₹10) for FY25.

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.