Additionally, the board of directors announced an interim dividend of ₹100 per share for the quarter under consideration.
Inflation has been cooling, thanks to stable food prices and a healthy rabi crop outlook.
As the government cut the taxes for the middle class and now RBI bringing down the cost of borrowing, it augurs well for a strong consumption-led growth.
As always RBI is ahead of the curve in its focus on consumer protection and mitigating cyber risks.
The EBITDA margin also contracted during the year. It came in at 7.9% as compared to 9.6% in the previous corresponding period.
Revenue from operations went up by 19% to ₹45,129 crore as against ₹37,900 crore in the previous quarter.
The NFO is available for subscription from Feb 06 to Feb 20, 2025.
Top gainers in Sensex include Tata Steel (3.96%), Bharti Airtel (3.73%), NTPC (1.82%), and M&M (1.89%).
In India, fintech has become a compelling growth story compared to other tech segments and is expected to grow by 11.1x by 2030
As of December 31, 2024, the cash and cash equivalent balance of the company was reported at ₹23,248 Lacs.
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