Diversified agri firm DCM Shriram Ltd on Monday (May 6) reported a 36.9% year-on-year (YoY) drop in net profit at ₹117.8 crore for the fourth quarter that ended March 31, 2024. In the corresponding quarter, DCM Shriram posted a net profit of ₹186.7 crore, the company said in a regulatory filing. The company's revenue from operations tanked 11.8% to ₹2,399.3 crore.
Open FlipMuthoot Microfin, the microfinance arm of the Muthoot Pappachan Group, on Monday (May 6) reported a 27% year-on-year (YoY) increase in net profit at ₹119.76 crore for the fourth quarter that ended March 31, 2024. In the corresponding quarter, Muthoot Microfin posted a net profit of ₹94.56 crore, the company said in a regulatory filing.
Open FlipBlackstone Group is in advanced talks to buy Adani Realty’s commercial real estate project Inspire BKC, situated on the edge of Mumbai’s bustling business district Bandra-Kurla Complex (BKC), persons with direct knowledge of the development said. The US-based private equity major is expected to shell out between Rs 1,800 crore to Rs 2,000 crore for the office tower.
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