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Ola Electric Reports Q1 FY25 Net Loss of ₹347 Crore Despite 32% Revenue Growth

Ola Electric Reports Q1 FY25 Net Loss of ₹347 Crore Despite 32% Revenue Growth

Ola Electric Mobility reported a net loss of ₹347 crore for the quarter ending June 30, 2024, marking a 30% increase in losses from ₹267 crore in the same period last year. However, the company, which recently made its debut on the stock market, saw its consolidated revenue from operations rise by 32% year-on-year to […]

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Marksans Pharma Surges 13% After Strong Q1 Performance Boosts Investor Confidence

Marksans Pharma Surges 13% After Strong Q1 Performance Boosts Investor Confidence

Marksans Pharma share edged 13 per cent higher in opening deals today, August 14, 2024, after the company posted strong numbers for the April-June quarter of FY25. The stock was at ₹202.18 on the NSE at 11:54 AM, near its intraday high of ₹213. Its stellar earnings report saw a sharp rise in trading volume

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Olectra Greentech Stock Soars 12% Following Strong Q1 Earnings Report

Olectra Greentech Stock Soars 12% Following Strong Q1 Earnings Report

Olectra Greentech’s stock surged by more than 12% on August 13 after the company announced impressive financial results for the first quarter of FY25. The Hyderabad-based electric vehicle (EV) manufacturer reported a 34% year-on-year (YoY) increase in net profit, reaching ₹24 crore. Revenue also saw significant growth, climbing 45% YoY to ₹314 crore for the

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Shipping Corporation Shares Surge 10% on Strong Q1 Earnings; Up 170% Over the Year

Shipping Corporation Shares Surge 10% on Strong Q1 Earnings; Up 170% Over the Year

On August 10, shares of Shipping Corporation of India jumped more than 10 per cent after the company posted strong first-quarter earnings for FY25. Net profit surged 70 per cent year-on-year to ₹291.5 crore at the state-run enterprise. Further, revenue from operations gained 26 per cent year-on-year to ₹1,514.3 crore. On an operating level, EBITDA

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IRB Infrastructure Developers Q1 Net Profit Rises 5% to ₹140 Crore

IRB Infrastructure Developers Q1 Net Profit Rises 5% to ₹140 Crore

IRB Infrastructure Developers Ltd posted a consolidated net profit of ₹140 crore for the June quarter of FY25, up 5% against the ₹134 crore profit in the same quarter in the previous financial year. Higher income during the quarter boosted profit : company’s exchange filing. Its consolidated total income increased 13 percent to ₹1,972 crore

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