The new industrial complex will support downstream industries, which use aluminium in sectors like automotive, power, construction, and railways.
Quarter-on-quarter (QoQ), CEAT's revenue grew by 6.72%, while profits surged by an impressive 42%.
The gross non-performing asset (GNPA) ratio was 2.72% in the September quarter, compared to 2.89% in the June quarter.
At a press conference following the results, Jindal stated, "We will be able to push even more volumes into Canada if this duty comes on China."
The H1FY25 NFO flows are actually higher than the full NFO flows of FY23 and FY24
The announcement stated that RSIIL's order book has now exceeded Rs 10,000 crore with this latest addition to its portfolio.
In the reporting quarter, the EBITDA margin was 15.5%, down from 20.5% in the same period last fiscal year.
Equity fund inflows have been above ₹34,000 crore for 5 months in a row, even as SIPs continue to set records
With accounts located in more than 99.3% of India's pin codes, NSDL continues to have a commanding 86% market share.
Operating income grew by 4.36% quarter-over-quarter and 4.53% year-over-year, signaling continued operational efficiency.
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