Thu, Nov 25, 2021 8:52 PM
Tirupur apparel cluster called one-day closure of businesses, hunger strike
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Luxury sports carmaker Porsche India on Tuesday reported a 15 per cent increase in sales to 244 units in the first quarter of 2024.The company had sold 213 units in the same quarter last year, Porsche India said in a statement. In 2023, Porsche India had clocked in highest ever annual sales with 914 units. It had sold 779 units in 2022.
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Dr Reddy’s Laboratories reported better than expected than expected net profit of Rs 1,307 crore for the March quarter of FY24, up 36 percent from the year-ago period. A Moneycontrol poll of eight brokerages pegged the net profit at Rs 1,291 crore. The Hyderabad-based pharma firm reported a profit of Rs 960 crore in the same quarter of the previous year.
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Muthoot Microfin, the microfinance arm of the Muthoot Pappachan Group, will continue to maintain 50% of its portfolio from the southern geographies in the long term. It has added Andhra Pradesh and Telangana to the portfolio. The northern region is currently around 23% of portfolio, east is around 12% and the balance comes from the western parts of the country.
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