Sensex Today Live Updates : Sensex, Nifty green at open; Siemens up 7%, Cipla climbs 3%
₹108 crore. Total income for the quarter stood at ₹397 crore, and net interest income was 11% higher at ₹172 crore. The company's gross non-performing assets ratio fell to 4.1% at the end of the reporting cycle from 5.8% as of March 31, 2023.
The company proposed to pay a dividend of ₹3 per equity share of face value of ₹10 each to the shareholders for FY24.Sensex Today Live : The company reported a 13.3% YoY increase in net profit at ₹169.1 crore for Q4FY24. However, the company's revenue from operations dropped 1.5% to ₹2,967.3 crore. EBITDA rose 13.2% to ₹387 crore in Q4FY24.Sensex Today Live : The company reported a 12% YoY decrease in revenue to ₹931 crore and an 11% YoY decrease in Q4FY24 revenue to ₹166 crore.
Material margin declined by 13% YoY for FY24 and 31% YoY for Q4FY24. EBITDA fell by 74% YoY for FY24 and was negative for Q4FY24. PAT also decreased by 86% YoY for FY24 and was negative for Q4FY24.Sensex Today Live : The company reported a 64% YoY increase in net profit at ₹788 crore for Q4FY24.
Total income for the period grew 56% to ₹1,558 crore. For FY24, the company’s net profit rose to ₹1,925 crore, while total income increased to ₹4,818 crore. The company’s board has passed enabling resolutions for an issue of non-convertible debentures (NCDs) and Qualified Institutional Placement of equity shares totalling up to ₹4,000 crore.
Read more on livemint.com
