Breaking News

Financial results

Government renewable power co IREDA achieves all-time high profit

[ad_1] NEW DELHI: Indian Renewable Energy Development Agency Ltd. (IREDA) achieved an all-time high annual Profit After Tax (PAT) of Rs. 1252.23 crore in its audited financial results for the fiscal year 2023-24, the company informed in an exchange filing on Friday.The loan disbursement amount of IREDA also increased to all time high. The Loan…

Read More

Prosus cuts Byju’s valuation to under USD 3 billion

[ad_1] MUMBAI: Tech investor Prosus NV said on Wednesday it was valuing Indian education firm Byju’s at under USD 3 billion, 86% less than its peak valuation of USD 22 billion last year, after the company struggled with governance and cash-flow problems. The disclosure, made by interim CEO Ervin Tu during Prosus earnings call, is…

Read More

MakeMyTrip announces quarterly results, gross bookings up by 23.8%

[ad_1] NEW DELHI: MakeMyTrip Limited announced its unaudited financial and operating resultsfor its fiscal second quarter ended September 30, 2023. According to the company, travel demand continues to be robust across categories. “We witnessed strong growth both in terms of gross bookings and profitability despite the second quarter of fiscal year being a seasonally weaker…

Read More