The customs duty had about 550 crore estimated impact when the announcements came in July and it is by and large played out to that extent and it is also now completely behind us in the quarter three of FY25. So, going forward that effect will not be there, that was a big dampener on the total margin of the business and of the company.
Retail investors shift focus to high-yield corporate bonds for better returns
Mumbai’s retail investors seek higher returns. They are investing in high-yield corporate bonds. RBI’s rate cuts push them towards state-guaranteed papers and NBFC bonds. Online