News Overview

Bank of India recorded a net profit of Rs 2,374 crore for Q2FY25, a 63% increase over the same time the previous year, despite the provision.

In addition to silver, Bitcoin's market value surpassed that of well-known corporations like Tesla ($1.123 trillion), Meta Platforms ($1.472 trillion)

Top gainers in Sensex include HCL Tech, Sun pharma, Infosys, Bharti Airtel. Top losers in Sensex include HDFC Bank, NTPC, Asian Paints, SBI.

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Novelis' adjusted EBITDA of $462 million was down 5% due to lower metal benefits, an unfavourable product mix.

The company's revenue from operations declined 12.5% to ₹2,038.2 Crore, compared to ₹2,329.3 Crore the previous year.

EBITDA decreased by 10.2% to ₹783.4 Crore in the second quarter of this fiscal year, from ₹872.4 Crore in Q2 of FY24.

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In the second quarter of this fiscal year, EBITDA increased by 16.4% to ₹1,385.7 Crore, up from ₹1,191 Crore in the same period last year.

The PSU oil giant's revenue for Q2 was ₹33,881 Crore, down 4% from ₹35,266 Crore in the previous quarter.