Revenue from operations in the reporting second quarter jumped 19% year-on-year (YoY) to Rs 4,800 crore, compared with Rs 4,038 crore in the year-ago quarter. Operating profit or EBITDA for the quarter jumped 64% YoY to Rs 886 crore. The total sales volume increased 10% year-on-year to 8.2 million tonnes in the July-September period.
Volatile yen draws intervention watch, other currencies subdued
In response to last week’s notable drop, currency markets have been closely monitoring the yen. Reports suggest that Japanese officials are conducting rate checks, hinting