News Overview

A master plan has been established for the operation of A-320 type of aircraft for which an extra land totalling 253 acres is required from the state government of Telangana.

Revenue dropped from Rs 321 crore in the previous fiscal year to Rs 319 crore, a slight 0.6% decrease.

According to Odysse, the 40,000 electric vehicless will be delivered over the course of the following three years.

In the second quarter of this fiscal, EBITDA decreased by 8.1% to ₹972 Crore from ₹1,057 Crore in the same period last year.

In the second quarter of this fiscal year, the operating EBITDA loss was ₹30.7 Crore, compared to ₹40.1 Crore in the same period last year.

The price band of the issue has been fixed at ₹140 to ₹148 per share and investors can apply for minimum 101 shares in a lot.

The revised allotment is projected to have a substantial impact on IGL's operations, including its capacity to satisfy Compressed Natural Gas (CNG) sales levels.

In the quarter, the group received new orders totalling ₹1,207 Crore across Defence, Castings (Ferrous & Aluminium), and the core Forging business.

The company also reported revenue from operations to ₹3433.7 Crore. The EBITDA margin for the quarter that ended on September 30, 2024 stands at 17.5%.

U.S. West Texas Intermediate crude prices were up 9 cents, or 0.1%, to $67.11 a barrel, while Brent crude futures had increased 20 cents, or 0.3%, to $71.24 a barrel.