News Overview

The company declared interim dividend of ₹20 per share with face value ₹2. The record date for the same for eligible shareholders is February 14.

Q3 FY25 order intake increased 5% q-o-q at ₹798 crore and 9M FY25 order intake was at ₹2,442 crore, up 13% YoY

The Union Budget provides for  potential measures to boost the economy while RBI policy  provides clarity on the interest rates and liquidity measures to fight inflation

In India, fintech has become a compelling growth story compared to other tech segments and is expected to grow by 11.1x by 2030

Additionally, the board of directors announced an interim dividend of ₹100 per share for the quarter under consideration.

The EBITDA margin also contracted during the year. It came in at 7.9% as compared to 9.6% in the previous corresponding period.

As of December 31, 2024, the cash and cash equivalent balance of the company was reported at ₹23,248 Lacs.

Top gainers in Sensex include Tata Steel (3.96%), Bharti Airtel (3.73%), NTPC (1.82%), and M&M (1.89%).

As the government cut the taxes for the middle class and now RBI bringing down the cost of borrowing, it augurs well for a strong consumption-led growth.

As always RBI is ahead of the curve in its focus on consumer protection and mitigating cyber risks.