Titan Q3 FY25 results: Revenue up 25.5% YoY to Rs 17,723 crore, net profit declines 0.6% YoY
Profit after tax (PAT) declined 0.6% YoY to ₹1,047 crore, largely due to changes in customs duty on gold affecting inventory valuation.
Matrika Shukla, Beat Editor at Business Upturn, is a Multimedia student. She is passionate about investigating and reporting on complex subjects. She has an extensive background in digital media with special focus on Politics.
Profit after tax (PAT) declined 0.6% YoY to ₹1,047 crore, largely due to changes in customs duty on gold affecting inventory valuation.
The company recently raised ₹80,000 lakh through its Initial Public Offering (IPO), with ₹77,847 lakh already utilized for capital augmentation and solvency maintenance.
The new patent, titled "System for switching and handover between one or more intelligent conversational agents," aims to revolutionize user experience across digital platforms by enabling seamless transitions between different AI systems.
Whirlpool India announced key leadership changes, with Mr. Kumar Gaurav Singh appointed as Vice President - Sales, succeeding Mr. Pinaki Haldar, who is stepping down. Mr. Nakul Tewari will take over as Vice President - Marketing.
The Ammonium Nitrate (AN) Melt Plant is a significant addition to RCF’s production capabilities at its Trombay unit, further bolstering its role in India's chemical and fertilizer industry.
Medanta continues to expand its presence in key markets, with the company adding a 110-bed super-specialty hospital in Ranchi under a lease agreement. The new facility will enhance high-end tertiary and quaternary care services and strengthen Medanta’s presence in Eastern India.
The company will invest up to ₹50 crore in medical and other equipment for the facility, which will be funded through internal accruals. The new hospital will focus on high-end specialty care, filling a critical gap in Ranchi’s healthcare infrastructure.
January 2025 saw the highest-ever trade of Renewable Energy Certificates on IEX, with 38.03 lakh RECs traded across two sessions at prices ranging between ₹325 and ₹340 per REC. T
The trial, conducted across Germany, France, Italy, Spain, and Poland, has exceeded its enrollment target with 129 patients enrolled against the planned 118. Key results from this study are anticipated between March and June 2025.
The company has previously showcased concept models like the Roadster, Diamondhead, Adventure, and Cruiser, indicating a strategic move to diversify its product lineup.
Cost of sales increased to ₹378.26 crore, reflecting higher project execution costs.
The investment will help develop solar power projects with a total capacity of 32 MW(AC), further strengthening Bhageria Industries’ commitment to renewable energy and sustainable development.
In his resignation letter addressed to the Government of Gujarat, Raj Kumar cited his retirement as the reason for stepping down from these leadership roles.
Finance costs rose to ₹85 crore in Q3, reflecting increased borrowing expenses.
MOIL's exploration activities have also been notably strong, with the company completing 11,099 meters of exploratory core drilling in January 2025, a 10% increase over the previous year.
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