Net profit increased 34% YoY to ₹726.2 crore, bolstered by robust volume expansion and operating efficiency.
The solar projects are located across several states in India, enhancing Inox Green's pan-India renewable energy footprint.
As part of this offer, there is an offer for sale of up to 11.05 million Equity Shares.
On a quarter-on-quarter basis, the company’s net profit slipped 30.90% against ₹4,649 Crore in the previous quarter.
Praj informed the bourses that it has also established a Centre of Excellence (CoE) and Innovation for Biopolymers in collaboration with ICT Mumbai.
This is the first such announcement by the company in over a period of nine years that the company will be issuing bonus shares.
Here are some of the stocks that may see significant price movement today: Bajaj Finance, BPCL, Praj Industries, etc.
The board of directors of the company has proposed a final dividend of ₹7.50 per share for the year ended March 31, 2024
The growth in revenue was aided by a steep increase in demand for products such as Current Account Savings Account (CASA) and Cash Management Services (CMS)
The Gross Written Premium (GWP) in the March quarter was at ₹2,652 crore, indicating a robust 13.5% rise year-on-year.

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