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.
Revenue from operations went up by 19% to ₹45,129 crore as against ₹37,900 crore in the previous quarter.
Inflation has been cooling, thanks to stable food prices and a healthy rabi crop outlook.
The NFO is available for subscription from Feb 06 to Feb 20, 2025.
The MPC was on reasonably expected lines on all counts - Rate cut, stance and statement on liquidity measures
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