News Overview

The factory will be developed in two phases. In the first phase, the company will set up a production of 2,400 wagons per year.

In its filing with the bourses, the company reported that the current contract period of 36 months has been extended for an additional six months.

The Unit-II Baddi plant, which got the renewed certification, has state-of-art infrastructure and state-of-the-art manufacturing technology to cater to complex therapeutic segments in an efficient manner. 

Consolidated revenue for the March quarter rose 18% YoY to ₹6,528 crore.

The business said that it logged a 10.70% year-on-year decline in its consolidated net profit at ₹420.80 Crore for Q4FY25.

The company also posted a 123.07% jump in its capital expenditure (capex) utilisation at ₹8,647.33 Crore in FY2025.

The company also stated that it plans to expand its shipbuilding capacity from 24 to 28 ships by the end of FY 2025.

Investors with a very high level risk appetite should invest in the Motilal Oswal Services Fund for 5-7 years.

We knew this intuitively, but now there is evidence that even older people are rushing from debt to equity

The company has received this order from Power Finance Corporation Limited and is a routine business order for NBCC.