News Overview

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

The repo rate cut of 25 bps was on expected lines, but there was little by way of guidance on further cuts