Tue, Apr 30, 2024 1:31 PM
US Auto Watchdog Mandate Automatic Emergency Braking System In New Vehicles
A Flip by Avya Verma
Reported Consolidated quarterly numbers for Global Education are: Net Sales at Rs 19.20 crore in March 2024 down 14.76% from Rs. 22.53 crore in March 2023. Quarterly Net Profit at Rs. 5.33 crore in March 2024 down 45.85% from Rs. 9.85 crore in March 2023. EBITDA stands at Rs. 8.88 crore in March 2024 down 42.34% from Rs. 15.40 crore in March 2023.
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On Monday, City Union Bank said that its fourth-quarter net profit increased by 17% YoY to ₹254.82 Crore. The difference between interest earned and interest spent, or net interest income (NII), increased 6% year over year to ₹546.58 Crore during the quarter. On Tuesday morning, the company's shares were down more than 3.5%.
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Solar Industries' share price jumped over five percent in the morning session on May 21, after the defence firm reported its highest-ever net profit in the March quarter. The defence player's net profit rose 10 percent to Rs 243 crore for the three months ended March, up from Rs 221 crore for the same quarter in the year-ago period. However, sales slipped 16 percent year-on-year to Rs 1,611 crore.
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