The tyre company reported a 13.7% year-on-year (YoY) fall in net profit to ₹354 Crore for the fourth quarter ended March 31, 2024.
In the broader market, the BSE SmallCap index observed a slight decline of 0.18%, while the BSE MidCap index showed a modest increase of 0.23%.
The market saw 1,411 shares advancing, while 2,082 shares declined, and 128 shares remained unchanged.
Here are some of the stocks that may see significant price movement today: Apollo Tyres, BHEL, PI Industries, Tata Power, etc.
Additionally, the steel company distributed ₹822 Crore in FY23 and a record ₹4,194 Crore in FY22.
The gross non-performing assets (NPA) ratio decreased to 3.99% from 4.37% in the same quarter of the previous fiscal year
Revenue from operations rose by 32%, amounting to ₹8,564 Crore, up from ₹6,479 Crore in the corresponding quarter of the previous fiscal year.
For the financial year ending March 31, 2024, the consolidated PAT increased to ₹1,427.61 Crore from ₹962.97 Crore in the same period last year.
The facility will also have a grinding unit with a capacity of up to 2.50 mtpa. Additionally, an 18-megawatt power plant will be part of the new facility.
Russia's major customer for seaborne oil is India, which ranks third in the world both in terms of imports and consumption.

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