The 15-month delay after the National Company Law Tribunal (NCLT) had approved the plan has made lenders wary of the consortium’s promises.
Sonata Software shares plunged 15.1% after reporting a 1.4% sequential decline in Q3 profit to Rs 105 crore, impacted by margin erosion due to a
Cochin Shipyard shares fell 7% after reporting a 27% YoY decline in Q3 net profit to Rs 177 crore. EBITDA dropped 23% to Rs 237
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