I think a lot of it has to do to my mind with two or three things. One is your external account situation obviously has gone through a sea change because energy prices are down, service exports have done well. The dollar itself has weakened.
Suryoday Small Finance Bank reported a 42% YoY drop in Q3 FY25 net profit to ₹33.3 crore due to higher expenses and worsening asset quality,
MakeMyTrip posted a Q3 FY25 profit of $27M, up from $24M last year, with revenues rising 26.2% to $267.4M. Strong growth in gross bookings, international
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