News Overview

The country's largest automaker's April-June revenue increased 9.9% to ₹35,531.4 Crore from ₹32,326.7 Crore in the same period last year.

The EBITDA margin was 17.95% in the reporting quarter, compared to 18.2% in the same time the previous fiscal year.

Tata Motors stated in a statement that total domestic sales fell 11 percent last month to 70,161 units, down from 78,844 units the previous year.

EBITDA increased by 51.2% to ₹796.3 crore in the first quarter of this fiscal year, up from ₹526.7 crore in the same period last year.

Total volume handled by APSEZ during Q1FY25 was 109 million metric tonnes (MMT), up 7.6% year-on-year and flat quarter-on-quarter.

Coal India mostly produces non-coking coal for power generation and industrial use, with some coking coal for steelmaking and washed coal.

In the June quarter, RITES' net profit fell 24.4% to ₹90.4 Crore. The company generated a net profit of ₹119.6 Crore in the previous year.

Significant interest from anchor investors has already been secured, with ₹828.78 Crore raised on the anchor bid date of July 29.

The infrastructure company is offering shares in the price range of Rs 380-401 per share, with a minimum bid of 37 equity shares and in multiples thereof.

A PMI reading of above 50 indicates an overall increase compared to the previous month and below 50 indicates an overall decrease.