Ircon Q3 Results: Ircon International reported a 65% drop in Q3 net profit to ₹86 crore, with revenue declining 11% YoY. EBITDA and profit before tax also fell sharply. The company announced a ₹1.65 interim dividend and highlighted India’s infrastructure growth prospects.
Oil price down more than 2% in early Asian trade
Oil prices fell more than two percent in early Asian trade after strong gains in recent days on the back of the conflict in the