Strong operational performance helped boost the group’s net profit, although overall sales saw a decline during the quarter. The comparative performance excludes the group’s cement entities acquired after the first quarter of FY23.
KPIT Technologies faces a substantial 24% decline in stock value, predominantly due to obstacles in the automotive sector. The company’s net profit has notably decreased,
In a significant financial move, Shapoorji Pallonji Group plans to generate $125 million through a tap issue of current dollar bonds, targeting an impressive ₹3,250
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