Goldman Sachs predicts India's government will maintain fiscal consolidation and prioritize capital expenditure over welfare spending in upcoming Union budget. The brokerage firm expects the central government to stick to a fiscal deficit target of 5.1% of GDP for FY25 and further consolidate to 4.5% by FY26. The firm believes the higher-than-expected RBI dividend will ensure capex remains intact.
Open FlipAs per the Quarterly Results, in the fourth quarter of FY24, PVV Infra Limited recorded a revenue of Rs 12.15 crore. The operating profit for Q4 FY24 stood at Rs 2.15 crore. The net profit for Q4 FY24 was Rs 1.83 crore. Looking at the annual performance, the company generated a revenue of Rs 87.92 crore in FY24, compared to Rs 37.62 crore in FY23. The operating profit for FY24 was Rs 2.51 crore.
Open FlipSkoda plans to expand its presence in India by introducing new models, including the latest Kodiaq SUV and a sub-4 meter compact SUV by early next year. The automaker also plans to re-introduce the premium sedan Octavia and Superb in the market, with sales of completely built units starting later this year and local assembly beginning next year.
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