Aditya Birla Fashion and Retail: ABFRL reported a net loss of ₹266.4 crore for Q4, an increase from the previous year’s loss of ₹194.5 crore. The company’s revenue rose by 18.3% to ₹3,406.7 crore. EBITDA also increased by 47.1% to ₹283.7 crore, and EBITDA margin improved to 8.3% from 6.7%.
The company stated that the results are not comparable with previous quarters due to the acquisition of TCNS Clothing and Styleverse Lifestyle.Amara Raja Energy: The company reported a 61.4% YoY jump in net profit at ₹229.8 crore for Q4FY24. The company’s revenue from operations increased 19.5% to ₹2,908 crore.Tata Steel: The company is expected to announce a 7.6% decrease in revenue from operations to ₹58,170 crore for Q4FY24. The company’s Q4 EBITDA is projected to decrease by 14% to ₹6,179 crore, and the profit after tax (PAT) is forecasted to fall sharply by 40% to ₹942 crore.Brigade Enterprises: The company reported a 234.3% YoY jump in net profit at ₹210.9 crore for Q4FY24.
The company’s revenue from operations increased by 102.04% to ₹1,702.4 crore. The EBITDA stood at ₹432.8 crore, and the EBITDA margin was 25.4%. The company’s total collections stood at ₹5,915 crore, up 9% over FY23.One97 Communications: Gautam Adani, Chairman of Adani Group, is reportedly contemplating acquiring a stake in One97 Communications, the parent company of Paytm, according to The Times of India.
The report suggests that Vijay Shekhar Sharma, Paytm’s founder and CEO, met with Adani in Ahmedabad on Tuesday to discuss the potential deal.NBCC (India): The company reported a 24.6% YoY increase in net profit at ₹141.5 crore for Q4FY24. The company’s revenue from operations jumped 43% to ₹4,025 crore. EBITDA climbed to ₹240.2 crore, and the EBITDA margin
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