JSW Infra‘s share price was down in the red on Monday going down around 4% to hit an intraday low of ₹248.20. JSW Infra reported a net profit of ₹330 crore for the March quarter, marking a 10% increase from the ₹300 crore posted in the same quarter last year. Revenue from operations for the quarter reached ₹1,096 crore, up approximately 20% from the ₹915.30 cr.
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Shares of Inox Green Energy Services are down in a lower circuit of 5% on Monday after the company reported a 7.8% decline in its revenue for the January-March quarter when compared to the same quarter last year. Earnings Before Interest, Tax, Depreciation and Amortisation fell 20.7% year-on-year to ₹11.5 crore. Margin also fell by over 350 basis points to 21.9% from 25.5% last year.
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Bangalore Metro Rail Corporation Ltd (BMRCL) has identified over 700 properties on the Outer Ring Road (ORR) stretch from Kempapura to JP Nagar IV Phase for the construction of the 32.2-km Orange Line under Phase III. The acquisition of these properties, located along the proposed line connecting the Blue Line (KIA-Silk Board) and Pink Line (Kalena Agrahara-Nagawara).
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