Quick-commerce company growing meaningfully, says CEO Aadit Palicha
JSW Steel's stock has surged 18 per cent in 2025, making it one of the top performers on Nifty 50 index. With a market capitalisation of $30.31 billion, it leads its domestic & international peers
Adani Group on Thursday said it has enough cash to service debt obligations and that its business achieved record pre-tax profits in the 12 months ending December 2024 as it looked to reassure creditors and investors of a robust business profile. Cash balances exceed long-term debt repayments for the next 28 months, while portfolio-level cash balances were at Rs 53,024 crore, the port-to-power conglomerate said in a report for the first nine months of the financial year ending March 2025 released on Thursday. "Sufficient liquidity is maintained across portfolio companies to cover debt servicing requirements for at least the next 12 months," it said. The cash balance as of September 30, 2024, compared with the Rs 59,791 crore balance generated in the full 2023-24 financial year (April 2023 to March 2024 or FY24 fiscal). Cash balance represents 20.5 per cent of gross debt. "These expanding cash flows have enabled consistent investments while keeping the leverage at an all-time low.
Adani Portfolio, India's largest infrastructure group with businesses in cement and mining, has continued its strong double-digit growth despite external challenges. For the twelve-month period ending December 2024, EBITDA reached Rs 86,789 crore, marking a 10.1 per cent year-on-year growth. Adjusted for prior income, the growth stands at 21.3 per cent. In the December quarter alone, EBITDA rose 17.2 per cent to Rs 22,823 crore, a company statement said. A key to this growth is the emerging businesses under Adani Enterprises, including solar and wind manufacturing and airports. These businesses, part of AEL's infrastructure division, grew 45 per cent Y-o-Y in the December quarter and 33.3 per cent in the trailing twelve-month period. Since FY19, the Adani Portfolio has shown strong growth, with EBITDA expanding at a CAGR of 25 per cent, despite challenges such as the Hindenburg report and the ongoing US indictment. Around 85 per cent of the group's profits come from its infrastruc
Dr Agarwal's Health Care Ltd has logged a consolidated profit after tax of Rs 28.24 crore for the October-December 2024 quarter, the company said. The city-headquartered eye care provider had registered a profit after tax of Rs 22.59 crore during the corresponding quarter of last financial year. The company had registered a profit after tax of Rs 67.79 crore for the nine month period ending December 31, 2024 as compared to a profit after tax of Rs 53.73 crore registered in the year ago period. Commenting on the financial performance, Dr Agarwal's Health Care Ltd CEO Dr Adil Agarwal said, "We have delivered a robust growth of 29.5 per cent in revenue and 26.3 per cent in EBITDA. We have continued to witness strong growth in both patient footfalls and the number of surgeries performed." "Our commitment to providing exceptional care, along with investments in cutting-edge technology, positions us for long-term success. While we have maintained our growth trajectory, we remain committe
Full-year Ebitda (excluding discontinued operations) grew significantly to Rs 271 crore from Rs 87 crore last year
Profit boost from robust India aluminium business and higher other income
Steel pipe maker Hi-Tech Pipes on Wednesday reported a 34 per cent rise in consolidated profit after tax to Rs 19.15 crore in the December quarter, on account of increased revenue. It posted a profit after tax (PAT) of Rs 14.33 crore in the year-ago period, the company said in a statement. The company's revenue from operations increased 20.78 per cent to Rs 761.02 crore in the reporting quarter from Rs 630.09 crore in the same period a year ago, it said. Its EBITDA (earnings before interest, taxes, depreciation and amortisation) stood at Rs 40.23 crore during the quarter compared to Rs 31.57 crore a year earlier, a rise of 27.42 per cent. Hi-Tech Pipes owns and operates six integrated manufacturing facilities having a combined installed capacity of 7,50,000 metric tonnes per annum. The company is also scaling up its captive renewable energy capacity to 13.5 MW by December-end.
The company's PAT for Q3FY25 stood at almost Rs 29 crore, against just Rs 2 crore in Q3FY24
The Q3FY25 results saw Tata Chemicals report a net loss of Rs 53 crore, from Rs 158 crore profit in Q3FY24
Consolidated revenue was at Rs 8,500 crore, with adjusted EBITDA at Rs 890 crore, and adjusted PAT at Rs 410 crore in Q3FY25
Tata Motors' consolidated profit for Q3FY25 fell 22.4 per cent year-on-year (Y-o-Y) to Rs 5,451 crore, from Rs 7,025 crore in Q3FY24
Appreciation in key currencies give exceptional gain of $94 million to company
It also reported a profit before tax (PBT) of Rs 155.9 crore, down 80.8 per cent in Q3FY25
As for Suburban Diagnostics, an arm of Dr Lal Pathlabs, revenue growth was 9.2 per cent in Q3
The improvement was due to higher metal grades and better domestic coal availability, supported by increased renewable energy
Chetak margins are out of red; exports touched 500K units after 9 quarters
DLF sold 173 units with a total area of 1.85 million square feet (msf) at an average realisation of Rs 70 crore per residence
In Q3 FY25, the company handled cargo volumes of 29.4 million tonnes, up 5 per cent Y-o-Y
Company's cost-saving measures and debt reduction expected to boost company's margin