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In Q3, the company reported a consolidated net profit of ₹135 Crore for the quarter ending December 2023, a 61% YoY increase from the previous fiscal's ₹84 Crore.

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According to the state-owned miner, it has achieved its best-ever annual physical performance, surpassing 45 MT, making it the first mining business in the nation.

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Two-wheeler sales saw a significant rise of 27%, reaching 3,13,885 units compared to 2,47,002 units YoY.

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With 21,317 units sold, domestic sales were 7% less than the same period the previous year.

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The Alto, S-Presso, Baleno, Celerio, Dzire, Ignis, Swift, Tour S, and WagonR are all part of Maruti Suzuki's Mini & Compact sector. Sales of these vehicles decreased by 2% year over year to 81,673 in March 2024 from 83,414 in March 2023. In the same time frame, UV sales recorded 58,436 units, a YoY growth of 57.7%.

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The agreement with EDC secured full ownership of 13 Q400 aircraft, resolving liabilities of nearly $91 million and yielding savings of ₹567 Crore.

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Despite this setback, IREDA shares have surged by 150% over the past six months, outperforming the benchmark Nifty 50 index, which recorded gains of around 15% during the same period.

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The new subsidiary will have an initial paid-up capital of ₹5 Crore, with a potential further investment of up to ₹250 Crore in one or more tranches, subject to board decisions.

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As India progresses towards the critical phase of global polio eradication, this collaboration is poised to contribute significantly to the endeavor of creating a polio-free world.

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IT, Financial Services, Healthcare, and Pharma sectors experienced declines of 0.60%, 0.16%, 0.17%, and 0.04%, respectively.

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