The company forecast current-quarter revenue between $15.20 billion and $15.75 billion, compared with analysts’ average estimate of $16.07 billion, according to data from Refinitiv.
Non-banking financial companies are demonstrating early resilience, with collections holding firm across key segments like vehicle finance and microfinance. Despite lingering macroeconomic uncertainties and inflation,
External geopolitical factors are pressuring the rupee, not domestic economic mismanagement. This requires careful policy handling to avoid destabilizing sentiment. Continued weakness could become inflationary
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