Birla Corporation witnessed a robust financial performance, with its March-ended quarter net profit soaring 15% year-on-year to Rs 295 crore. Revenue saw a modest 0.8% increase to Rs 2,836 crore. The company also recommended a dividend of Rs 12.50 per share. Full-year profit surged 89% to Rs 558 crore, with a notable reduction in its debt-to-equity ratio.
RBI to conduct Rs 25,000-cr overnight variable rate repo auction on Jul 8
The Reserve Bank of India is set to hold an overnight variable rate repo auction on July 8, offering Rs 25,000 crore. This auction aims