Indian corporates shattered fundraising records in FY2024-25 by raising Rs 19.96 lakh crore through equity and debt instruments. Equity mobilisation doubled to Rs 3.71 lakh crore, driven by significant IPO activity and a resurgence in Qualified Institutional Placements. Debt fundraising also reached an unprecedented Rs 11.12 lakh crore.
Titagarh Rail Systems Q4 results: Net profit declines 18% YoY, revenue down by 4%
Titagarh Rail Systems reported a consolidated net profit of Rs 64.45 crore for Q4FY25, an 18.6% YoY decrease, with revenue from operations declining by 4.45%