News Overview

Company’s PAT for 9M ending Q3 FY’22 stood at Rs 127.30 crore against Rs 107.80 crore for the corresponding 9M period, registering a growth of 18.09% YoY.

The residential project caters to both domestic and international market.

The younger generation is keen to understand the deeper nuances of the sector by gaining career focused education in supply chain management. A 2019 study found that 99% of young professionals considered working in the supply chain a good career choice.

The company has also announced its financial performance for the quarter ending December 2021 (Q3FY22) period along with an interim dividend.

The Union Budget this year focussed on digitalisation and financial inclusion more than ever, which will provide the much-needed boost to the digital economy.

The acquisition is aligned to Route Mobile’s global growth strategy and strengthens its global presence as a CPaaS leader.

Indians have been increasingly adopting alternate asset classes. To illustrate, consider the rise of alternate assets in 2021. Cryptocurrency ended on a high note last year when more than 15 million Indians invested in cryptocurrencies for the first time.

Consolidated revenue stood at Rs4,160.9cr in the quarter under review, rising from Rs4,017.4cr in Q3 of last fiscal and Rs4,091.3cr of the preceding quarter.

Its EBITDA for the quarter ended December 2021 stood at Rs 18.70 crore with the margin at 17.7%, against Rs 13.70 crore for the previous corresponding quarter, up by 36.50% YoY.

The real estate sector of India is resurgent, positive and on the path to a solid recovery. Despite a roller coaster ride in 2021 and the third but milder wave of the Omicron virus, both residential and commercial real estate sectors in cities like Pune are optimistic of sustainable growth in the near future.