SAIL reported EBITDA of ₹2,767 crore for the quarter, marking a 24.7% increase from ₹2,219 crore in the corresponding period last year.
The capital was infused via cash and will be used to support DRL Russia’s working capital requirements.
As of June 30, the company’s net debt stood at ₹4,972 crore. This figure does not include ₹760 crore in lease liabilities.
A quick look at the six key global and domestic signals over the last one week
The net interest margin, however, declined. At 3.72%, it was lower than the 3.86% recorded in the March quarter.
The project will be executed at BEL’s Palasamudram unit in Andhra Pradesh and is expected to be completed over 24 months.
The previous tenure of the committee was scheduled to end on July 28.
Alembic’s version is a generic substitute for Tegretol-XR, a medicine originally developed by Novartis.
Interest earnings rose as well, reaching ₹31,003 crore, up from ₹28,701 crore in the corresponding quarter of FY25.
Among the new projects is a 69.5 MW solar park by Prozeal Green Energy, which will come up in Biramaharajpur, located in Subarnapur district.
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