Higher operating margins and improved EBITDA helped offset modest revenue growth during the quarter.
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Higher operating margins and improved EBITDA helped offset modest revenue growth during the quarter.
Net interest income also jumped 23% to Rs 12,571 crore, against Rs 10,288 crore posted in the first quarter of fiscal 2027.
This is in addition to his existing role as the Executive Director of the company.
Railway financier posts double-digit profit growth on record income, though AUM dips sequentially; stock trades over 1% lower.
Revenue was relatively flat and fell 0.5% to Rs 16,335 crore from Rs 16,413 crore posted in the same quarter of the previous fiscal.
Nifty IT rose 1.68%, while Auto gained 0.47% and Pharma advanced 0.37%. Nifty Realty fell 0.83%, followed by PSU Bank down 0.49% and Bank lower by 0.47%.
August will have 10 non-trading days for NSE and BSE, including weekends and exchange holidays. Check the complete stock market holiday calendar and key dates.
SEBI is likely to greenlight the DRHP by Mid-August, sources said. International roadshows are currently underway for the issue, and NSE is also engaging domestic institutional investors as part of the IPO outreach.
Apollo Pipes' revenue saw a 7.3% increase to Rs 295 crore, compared to Rs 275 crore in the preceding financial year.
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