Adani Total Gas announced its Q4FY25 results. The company’s net profit witnessed a decrease of 8%, reaching Rs 154 crore. However, revenue saw a 15% increase year-on-year, totaling Rs 1,453 crore. The board has proposed a dividend of Rs 0.25 per share. Expenses for ATG rose by 21%. Shares of Adani Total Gas closed higher by 2.96% today.
Lenders may turn to OFCB route to raise more funds abroad
Indian banks are now shifting focus towards borrowing in overseas foreign currencies to meet their fundraising requirements. This strategic pivot comes in light of an