Adani Ports Q3 profit jumps 14% YOY to Rs 2,518 crore; Adani Enterprises net profit plunges to Rs 58 crore – The Times of India

Adani Ports Q3 profit jumps 14% YOY to Rs 2,518 crore; Adani Enterprises net profit plunges to Rs 58 crore – The Times of India

Adani Ports and Special Economic Zone (APSEZ) reported a 14per centyear-on-year (YoY) increase in consolidated net profit for the December quarter of FY24-25, reaching Rs 2,518.39 crore. The growth was driven by higher income, according to the company’s regulatory filing on Thursday.India’s largest integrated logistics player had recorded a profit of Rs 2,208.21 crore in…

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Government unveils Rs 100 crore credit guarantee scheme to strengthen MSME manufacturing sector – The Times of India

Government unveils Rs 100 crore credit guarantee scheme to strengthen MSME manufacturing sector – The Times of India

NEW DELHI: Government on Wednesday approved a Mutual Credit Guarantee Scheme aimed towards improving the credit availability for micro, small and medium manufacturing sectors, aligning with the goals set under the Make in India Union Budget 2024-25 for the MSME sector.The scheme will offer 60 per cent guarantee coverage through the National Credit Guarantee Trustee…

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EXCLUSIVE | Tymal Mills on the Rs 12 crore price tag with RCB in 2017 and the baggage it brought | Cricket News – The Times of India

EXCLUSIVE | Tymal Mills on the Rs 12 crore price tag with RCB in 2017 and the baggage it brought | Cricket News – The Times of India

(Photo by Ashley Allen/Getty Images) Tymal Mills has seen the highs, lows and everything in between during a career that’s currently in its 15th year. He has been the quintessential T20 globe-trotter, playing for teams in IPL, ILT20, the Hundred, PSL, T20 Blast, BBL, APL and BPL. The package he brings of left-arm pace, searing…

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Adani Total Gas Q3 net profit down 19.4% at Rs 142.38 crore – The Times of India

Adani Total Gas Q3 net profit down 19.4% at Rs 142.38 crore – The Times of India

AHMEDABAD: Adani Total Gas Limited (ATGL) reported a net profit of Rs 142.38 crore for the quarter ending December 2024, marking a 19.4% year-on-year (YoY) decline compared to Rs 176.64 crore in the same period last year.Conversely, the company’s revenues from operations grew 12.5% YoY to Rs 1,400.88 crore during the October–December 2024 quarter, up…

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Government subsidy burden to exceed budget, likely to hit Rs 4.2 lakh crore: Report – The Times of India

Government subsidy burden to exceed budget, likely to hit Rs 4.2 lakh crore: Report – The Times of India

NEW DELHI: The government’s subsidy burden is expected to exceed budget estimates, swelling to almost Rs 4.1 to Rs 4.2 lakh crore for the financial year 2024-25 (FY25). A report by the Bank of Baroda revealed that the increase is primarily to higher expenses on food and fertiliser subsidies, which are likely to overburden the…

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Indus Towers’ PAT zooms to Rs 4003 crore; collections of past overdue aids Q3 scorecard – The Times of India

Indus Towers’ PAT zooms to Rs 4003 crore; collections of past overdue aids Q3 scorecard – The Times of India

NEW DELHI: Indus Towers on Thursday reported more than doubling of its consolidated net profit to Rs 4,003 crore in the third quarter of 2024-25 on the back of strong tower and colocation additions as well as significant collections of overdue from “a major customer”. The December quarter had a write-back of Rs 3,024 crore…

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Nazara to raise Rs 495 crore through 5.4% stake sale to Axana Estates – The Times of India

Nazara to raise Rs 495 crore through 5.4% stake sale to Axana Estates – The Times of India

Nazara Technologies announced on Monday its plans to secure Rs 495 crore through a 5.4% stake sale to Axana Estates, an entity established by the company’s current investors. The entity was formed by Arpit Khandelwal, who founded Plutus Wealth Management, and Mithun Sacheti, the co-founder of CaratLane. The funding, aimed to support Nazara’s strategic acquisitions…

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