Reliance Industries: The company’s Q1 consolidated profit was ₹17,448 crore, a decrease from ₹18,182 crore. Revenue grew by 11.5% to ₹2,57,823 crore from ₹2,31,132 crore. EBITDA rose by 2% to ₹42,748 crore from ₹41,906 crore. EBITDA margin was at 16.6%, down from 18.1%. Jio Platforms’ profit jumped by 11.7% to […]
IRCTC
Investors in the Indian Railway Catering and Tourism Corp. Ltd (IRCTC) are grappling with mixed emotions following the company’s March quarter (Q4FY24) results. While revenue growth across critical segments was robust, operating margins declined. Revenue rose nearly 20% year-on-year, primarily driven by the key catering division. However, the Ebit (earnings […]
Indian railway stocks surged by over 13 per cent on Monday after several exit polls forecasted a decisive victory for the Prime Minister Narendra Modi-led National Democratic Alliance (NDA) government in the Lok Sabha Elections 2024. Leading the gains were Titagarh Rail Systems, reaching a 52-week high, along with Rail […]