News Overview

Earnings before interest, tax, depreciation, and amortisation increased 49% year over year to ₹9,100 crore from ₹6,096 crore

Under its renewable energy effort, this will be the company's largest investment outside of Gujarat.

After plunging to its lowest level since October 10 on Monday, spot gold was barely moving at $2,622.89 per ounce.

India Cements recorded an EBITDA loss of ₹163 crore, a stark contrast to the positive ₹7.7 crore EBITDA reported in the previous year's September quarter.

Brent crude prices dropped 1 cent to $71.82 per barrel. West Texas Intermediate crude futures for the United States were up 3 cents at $68.07 a barrel.

After hitting 105.70 on Monday for the first time since July 3, the U.S. dollar index, which compares the currency to six rivals, including the euro, increased 0.07%

The inspection covered Active Pharmaceutical Ingredients (APIs) and Finished Dosages (FDs) for oncology and non-oncology segments, underscoring the plant’s adherence to high manufacturing standards.

For the first half of FY2024-25, the company's PAT increased to ₹63.07 crore, compared to ₹59.62 crore during the same period in the previous fiscal year.

Consolidated revenue for the quarter ended September 30, 2024, stood at ₹3,364 crore, an 18.6% decline from the ₹4,059.45 crore recorded in the same quarter last year.

The company's IPO, open from November 5 to November 7, was oversubscribed 3.2 times, receiving bids for 1,23,99,75,500 shares compared to the 38,70,64,594 shares on offer.