Consolidated Ebitda of ₹5,522 crore, adjusted for forex translation, rose 33% year-on-year (y-o-y).
Profitability improved despite a drop in realization. It was aided by a sharp decline in raw material prices and higher volumes. Ebitda is earnings before interest, taxes, depreciation and amortization.
On a standalone basis, (domestic operations) Ebitda fell 4.3% y-o-y to ₹6,734 crore, primarily impacted by lower steel realizations. Realization during the quarter was lower because of a significant increase in exports from China.
Diese Geschichte stammt aus der November 09, 2024-Ausgabe von Mint Mumbai.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent ? Anmelden
Diese Geschichte stammt aus der November 09, 2024-Ausgabe von Mint Mumbai.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent? Anmelden
After 'Shogun', Content From Japan Is Hot
Adaptations of major manga and other Japanese properties are in the works
The Indian coffee trends that defined this year
Limited edition beans, specialized training centres, and the growth of filter coffee were some of the prominent trends of 2024
Akhil Katyal on longing, translation and Charles Darwin
Katyal talks about ways of grieving, his approach to translation, and the quest for possible worlds in his new volume
India's Leadership Has a Valuable Role to Play in a Multipolar World
Its strategic autonomy and multi-alignment place it in a unique position to lead everyone towards globally shared goals
Nike's Turnaround Strategy Will Need the Second Shoe to Drop
Its new CEO has made a beginning, but the real big test lies ahead
Why are product displays on e-commerce sites so drab?
Businesses based on technology shouldn't lose touch with the subtle art of persuasion
Panama isn't the only US ally Trump has rattled
America's president-elect seems bent on an expansive approach to its 'manifest destiny' but overreach could unsettle Pax Americana. Neutral India, thankfully, needn't worry much
Policymaking as usual does not suffice for periods of transition
Economic thinking across the world must look beyond the certainty of numbers in uncertain times
One Nation, One Election: Consultation time has begun
The idea of state and central polls being held in sync has its pros and cons that need careful examination
Truth About AIFs: Debunking Myths, Tapping Potential
AIFs emerge as a promising avenue for asset diversification, as well as for wealth creation
