However, revenue from operations was down 22.41 per cent at Rs 78.76 crore as against Rs 101.52 crore, it added
Realty firm Mahindra Lifespace Developers Ltd on Friday reported a consolidated net loss of Rs 18.93 crore for the second quarter ended September on lower income.
Its consolidated total income rose by 25 per cent Y-o-Y to Rs 26,023 crore in the reporting quarter from Rs 20,803 crore in Q2FY23
During the quarter, the insurer's value of new business (VNB) surged 20.26 per cent to Rs 1,490 crore from Rs 1,239 crore in the first quarter of FY24
Interest income grew to Rs 1,304 crore from Rs 1,181 crore in the corresponding quarter a year ago
Total income during the second quarter of the current fiscal rose to Rs 1,874 crore as against Rs 1,438 crore in the year-ago period
Interest income grew to Rs 1,391 crore from Rs 993 crore in the corresponding quarter a year ago
The company said that the Ebitda was enabled by geographic diversification and productivity improvement in operations
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Further, BFL's deposit book crossed a milestone of Rs 50,000 crore in the quarter
The bank's total income during the period was up by 16 per cent, from Rs 1,141 crore in September 2022-23 to Rs 1,365 crore in the second quarter of FY24
Consolidated net loss of the company stood at Rs 133.81 crore in the year-ago period, as per a BSE filing
Total expense too was higher at Rs 1,248.68 crore as compared to Rs 1,101.20 crore
Still, the poor monsoons earlier in the quarter had made commercial vehicles such as tractors less affordable for India's rural population, they said
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Net premium income rose 21.7% to Rs 20,050 crore from Rs 16,477 crore, while expenses surged 22.1%, mainly due to higher commissions and rewards during the quarter
The unexecuted order book stands at 897 MW as of September 30, it said
Poor monsoons have made commercial vehicles such as tractors less affordable for India's rural population, hurting automakers and auto-ancillary companies
Consolidated quarterly revenue rose 9% to 69.03 billion rupees led by a 9% growth in the key global generics segment
Practo's co-founder and chief executive officer Shashank ND said that they have been focusing on profitability and so far in FY24, they have been cash flow positive