Indian real estate developers posted stronger profitability in FY25 with cash EBITDA margins improving to 42%. However, cash flows weakened as working capital needs rose and free cash flow shrank. Nuvama flagged steady margins but warned of rising capital intensity ahead.
Axis Bank Q2 profit up 38% on loan growth
Axis Bank has showcased impressive results with a 38% surge in net profit for the quarter ending in September. This significant growth stems from strong