RBI imposed a ₹6.70 lakh penalty on Ujjivan Small Finance Bank Limited for failing to comply with the RBI’s guidelines on Loans and Advances - Statutory and Other Restrictions.
Exceptional income contributions from subsidiary companies and a substantial increase in other income, which jumped to ₹1,86,839.39 crore from ₹6,278.49 crore in the previous year.
The company’s other services, including bus ticketing and ancillary offerings, grew significantly, contributing ₹13.6 crore in Q3 FY25, compared to ₹3.8 crore in Q3 FY24.
The company attributed the net loss to several factors, including impairments on overseas subsidiaries, non-cash adjustments, and foreign exchange losses.
The company declared an interim dividend of ₹2 per share, with a record date set for February 22, 2025.
For the first nine months of FY25, IIFL Finance posted a 9.2% YoY increase in total revenue, reaching ₹7,619.65 crore. The company's net profit surged 32.6% YoY to ₹442.3 crore, compared to ₹333.6 crore in 9M FY24.
The company also achieved a record-breaking revenue of over ₹1,050 crore in a single month (October 2024), reflecting strong demand during the festive season.
The company received ₹500 crore in capital infusion from the Government of India as share application money on January 28, 2025.
Ayana Renewable Power, a leading player in the renewable sector, boasts an impressive portfolio of 4.1 GW capacity, comprising operational and under-construction assets.
With SDL holding a 100% stake in CIL, the newly formed subsidiary is poised to emerge as a key player in cloud services and digital transformation.
After reviewing the audit findings and compliance submissions, the RBI found the bank’s corrective actions satisfactory and revoked the restrictions.
The company’s total revenue grew by 5.1% YoY, reaching ₹542.28 crore, up from ₹505.84 crore in the same quarter last year.
Steel tubes and pipes segment contributed the highest revenue of ₹1,251.93 crore in Q3 FY25, growing from ₹1,198.60 crore in Q3 FY24.
The company’s entire revenue for the quarter came from writing back unsecured loans, resulting in a paper profit despite the lack of operational activity.
Godrej Properties continued its strong sales momentum, recording booking values exceeding ₹5,000 crore for the sixth consecutive quarter.
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