Pudumjee Paper Products Ltd reported a 28% increase in Profit Before Tax (Year-On-Year) to ₹10,406 Lacs during the nine-month period ending December 31, 2024. Sales increased by roughly 4000 MTs, ...
Additionally, the board of directors announced an interim dividend of ₹100 per share for the quarter under consideration.
The EBITDA margin also contracted during the year. It came in at 7.9% as compared to 9.6% in the previous corresponding period.
As the government cut the taxes for the middle class and now RBI bringing down the cost of borrowing, it augurs well for a strong consumption-led growth.
As always RBI is ahead of the curve in its focus on consumer protection and mitigating cyber risks. Announcements of a separate domain for the financial sector is a welcome step in that direction.
Revenue from Mobile up 21.4% YoY due to tariff hikes, in addition to the organization’s focus on premium customer acquisition ...
Bajaj Finserv Mutual Fund is launching NFO under its “Equity Fund”, named as Bajaj Finserv Multi Cap Fund. The open ended ...
Rate cut, stance and statement on liquidity measures. This decision in my view was a logical extension to the liquidity measures taken in Jan, along with clear assurances given by RBI to support ...
The rate cut can be viewed as a positive for lenders having a higher share of fixed rate portfolio, especially credit card issuers, vehicle financiers and gold financiers.
After cutting the cash reserve ratio (CRR) by 50 bps from 4.5% of NDTL, to 4.0% of NDTL in the December 2024 policy, the RBI ...
As widely expected, the MPC has cut the Repo Rate by 25 bp to 6.25%. However, there was no forward guidance on policy rates. The stance is maintained at neutral. The RBI Governor has promised ...
The company has now locked in 4 GW of renewable energy capacity for commercial and industrial use through this acquisition.