As India’s benchmark equity indices flirt with record highs, investors are turning cautious about valuations becoming too lofty. They have a deluge of other reasons as well to be wary: the outcome of the ongoing general election, geopolitical tensions, soaring crude oil prices, mounting inflation, and delayed rate cuts in the US.
Open FlipReported Standalone quarterly numbers for Vedant Fashions are:Net Sales at Rs 362.27 crore in March 2024 up 7.76% from Rs. 336.18 crore in March 2023.Quarterly Net Profit at Rs. 115.58 crore in March 2024 up 7.96% from Rs. 107.06 crore in March 2023.EBITDA stands at Rs. 198.29 crore in March 2024 up 11.65% from Rs. 177.60 crore in March 2023.
Open FlipReported Standalone quarterly numbers for Exide Industries are:Net Sales at Rs 4,009.39 crore in March 2024 up 13.16% from Rs. 3,542.96 crore in March 2023.Quarterly Net Profit at Rs. 283.75 crore in March 2024 up 36.55% from Rs. 207.80 crore in March 2023.EBITDA stands at Rs. 519.58 crore in March 2024 up 27.22% from Rs. 408.40 crore in March 2023.
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