Mumbai (Maharashtra) [India], May 7: Shera Energy Limited.(NSE - SHERA), engaged in the business of manufacturing winding wires and strips made of non-ferrous metals, announced its Audited Financial Results for H2FY24 & FY24.
The startup funding in India has registered a decline of 17 per cent in FY 24 as compared to the previous year. In 2021, investment professionals were getting on average six deals daily but in 2024, it has declined to three.
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.
Indian stock markets have generated an impressive performance during the FY 2023-24. The Nifty 50 index delivered a substantial return of 29 percent in FY 24.
Maharashtra has emerged as the top state, surpassing Karnataka in total money flow for the fiscal year 2023-24 in terms of private equity investments (PE funds) in India. In 2022-23, Karnataka has topped the list for maximum PE investments in the state.
Mumbai (Maharashtra) [India], May 3: Basilic Fly Studio Limited (BFS), one of the leading visual effects (VFX) studio, announced its Audited Financial Results for FY24.
In the fourth quarter of FY24, the EBIDTA stood at Rs 3,646 crore, while the PBT stood at Rs 1,322 crore. Despite a slight decrease in EBIDTA from the previous year's fourth quarter, the company's performance remained strong, with significant increases in other areas.
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.
Chennai (Tamil Nadu) [India], May 1: Star Health and Allied Insurance Company Ltd. (Star Health Insurance), market leader in retail health insurance, today announced robust financial results for its Q4 and FY2024. In FY'24 the Company reported a record profit of Rs 845 Cr, up 37% and an incr