The company reported revenues of ₹6,460 crore which was 11.3 per cent year-onyear (Y-o-Y) growth led by energy (12.4 per cent Y-o-Y to 2,080 crore) and mobility segments (23.9 per cent Y-o-Y to ₹880 crore).
Gross margins improved 300 basis points Y-o-Y, but it fell 100 basis points quarter-on-quarter (Q-o-Q) to 32.4 per cent while operating profit margins jumped 120 basis points Q-o-Qand 240 basis points Y-o-Y to 14.5 per cent and operating profit grew 34 per cent Y-o-Y to ₹940 crore.
Net profit grew 45 per cent Y-o-Yto ₹830 crore. Fresh orders grew 37 per cent Y-o-Y to ₹6,200 crore with a backlog of ₹46,800 crore-plus. Capex was hiked by ₹100 crore for large reactors, in addition to ₹360 crore announced in November 2023 for increasing transformer capacity.
Bu hikaye Business Standard dergisinin November 28, 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Giriş Yap
Bu hikaye Business Standard dergisinin November 28, 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Giriş Yap
Centre readies plan to sell up to 20% in 5 PSBs
Govt may consider both OFS and QIP routes for diluting its stake
RBI Frees Up Bank Capital With NBFC Risk Weight Rollback
With bank loan growth slowing over the past year, the Reserve Bank of India (RBI) has decided to reverse its decision to increase the risk weight of bank loans to non-banking financial companies (NBFCs), which will result in a substantial release of capital for banks.
Delhi lost ₹2K cr due to liquor policy: CAG
A Comptroller and Auditor General (CAG) report, tabled in the Delhi Assembly on Tuesday, has faulted the excise policy introduced by the previous Aam Aadmi Party (AAP) government in 2021 to have caused cumulative losses worth over ₹2,000 crore to the Delhi government.
Capex slows in FY25 but key infra, power players set to benefit
Post-election capital expenditure (capex) has been weak at 2 per cent year-on-year (Y-o-Y) in M9FY25.
Nifty nears 2nd-worst losing streak in 30 yrs
Amid the fall, one in every five Nifty stock is more than 28% down over the past five months
Ericsson to help Airtel shift to 5G standalone
Ericsson will be supplying key 5G equipment to telecom operator Bharti Airtel for seamless transition to a commercially live, full-scale 5G Standalone (SA) network over time, the Swedish telecom gear maker said on Tuesday.
Road to Decentralisation
Rural local bodies need to be strengthened
Bitcoin slides below $90K as crypto selloff gathers steam
The Fall
Sebi slaps ₹5 cr fine on ICCL for audit, cybersecurity lapses
The Securities and Exchange Board of India (Sebi) on Tuesday imposed a ₹5.05 crore penalty on Indian Clearing Corporation Ltd (ICCL), a wholly owned BSE subsidiary, for failing to comply with cybersecurity and system audit norms.
Microfinance loan book shrinks 3.5% to ₹3.85 trillion in Dec qtr
The gross loan portfolio in the microfinance segment shrunk by 3.5 percent year-on-year (Y-o-Y) to ₹3.85 trillion during the third quarter of financial year 2025 (Q3FY25) as the period was marked by curtailed funding and strict credit underwriting.
