The net profit for the same period stood at Rs 2,488 crores, reflecting a 20 per cent increase compared to the fourth quarter of FY23. The net profit margins for Q4 FY24 stood at an impressive 49 per cent.
In Q4 FY24, Adani Power's consolidated power sale volume reached 22.1 Billion Units (BU), marking a substantial 55 per cent increase from 14.3 BU in Q4 FY23. This surge was attributed to improved power demand, lower import coal prices, and a larger installed capacity.
Bengaluru (Karnataka) [India], April 5: Puravankara Limited (BSE: 532891), one of India's most trusted and admired real estate developers, recorded sales of Rs 5,914 crores in FY24, an increase of 90 per cent compared to Rs 3,107 crores in FY23. Customer collections increased by 60 per cent
India, which accounts for the bulk of the region's economy, output growth is expected to reach 7.5% in FY23-24 before returning to 6.6% over the medium term.
According to a report by Jefferies, with an estimated domestic defense opportunity ranging between USD 100-120 billion over the next 5-6 years, the sector anticipates a visible 13 per cent industry Compound Annual Growth Rate (CAGR) from FY23 to FY30.
New Delhi [India], February 29: Max Life Insurance Company Ltd. ('Max Life' / 'Company') has achieved its highest-ever individual Claims Paid Ratio of 99.51 per cent in the financial year 2022-23, as per the Insurance Regulatory and Development Authority of India's (IRDAI) Handbook on Indian
According to their report, the GDP growth is likely to be at 6.8 per cent, based on an unchanged base, but could potentially hit 7 per cent due to expected downward revisions in the estimates for Q3 FY23.
Ahmedabad (Gujarat) [India], February 23: Gujarat based Vivanza Biosciences Ltd (BSE - 530057) - engaged in the business of pharmaceuticals and agro trading has reported excellent financial results for the nine months ended December 2023. Company reported consolidated total income of Rs. 23.
Bengaluru (Karnataka) [India], February 16: Tejas Networks (BSE: 540595) (NSE: TEJASNET) today announced that the company has received Rs 27.78 crore as incentives for the fiscal year 2022-'23 under the PLI (Production-Linked Incentive) Scheme for Telecom and Networking Products. The said am
Ahmedabad (Gujarat) [India], February 13: Gujarat based IFL Enterprises Ltd - engaged in the papers and stationery business has successfully turnaround the business operations. Company reported standalone net profit of Rs. 88 lakh in Q3 FY24 as against net profit of Rs. 14.6 lakh in Q3 FY23,
Mumbai (Maharastra) [India], February 12: Mumbai based Technology Solutions Company, Varanium Cloud Limited has reported exponential growth in business operations with robust growth in the total income and net profit. Company has reported a consolidated net profit of Rs 87.68 crore for the Q