Thu, Jan 23, 2025 6:23 PM
Zee Entertainment Q3 Results: Profit triples on lower costs
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HPCL on January 23 reported 471 percent surge in standalone net profit at Rs 3,023 crore for the quarter ended December 31, 2024 on account improved margins and weak base. It reported net profit of Rs 529 crore in the year-ago period. The state-run oil retailer's total income rose marginally to Rs 1,19,415 crore in Q3FY25 as against Rs 1,19,000 in the year-ago period.
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IIFL Fintech Fund, the early-stage investment arm of IIFL Group, has closed its second fintech fund at Rs 200 crore ($23 million), targeting new-age fintech companies, including those in generative artificial intelligence, after its first fund delivered 22.5x revenue growth and an 80% return on investment in one exit.
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Engine and vehicle spare parts maker Greaves Cotton Ltd reported robust earnings for the third quarter of fiscal year 2025, showcasing significant growth in both net profit and revenue. The company’s net profit surged 64% year-on-year (YoY) to ₹20.8 crore from ₹12.7 crore in the same period last year, highlighting a strong performance for the quarter ended December 2024. Revenue for the quar...
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