Glenmark Pharma clocks 2-fold jump in Q1 net profit at Rs 462 crore
The increase in profit came on the back of a strong demand for the company's medicines, while there was a marginal decline of 1.4 per cent in costs as well.
The increase in profit came on the back of a strong demand for the company's medicines, while there was a marginal decline of 1.4 per cent in costs as well.
Net Interest Income (NII), a key indicator of core income, posted a 6.1 per cent rise, to touch Rs 6,275.8 crore, from Rs 5,914 crore in the same quarter last year.
According to the bank’s executive director (ED) Sandeep Batra, “in Q1 FY25, we infused about Rs 500 crore” in ICICI Home Finance, the home finance subsidiary.
Around 150 years ago, British PM Benjamin Disraeli said: “There are three types of lies ~ lies, damn lies, and statistics” ~ a statement as true today as it was the day it was made. A recent example would suffice.
The Uttar Pradesh mining department is set to generate significantly higher revenue during the 2023-24 financial year than the previous fiscal.
Notably, this is the highest ever capital expenditure for the given time period.
"Pre-budget meetings chaired by the secretary (Expenditure) shall commence on October 10, 2022," the Budget Division of the Department of Economic Affairs said.
MCL registered OBR at 16.68 Million Cubic Meters (MCuM) in the month of June 2022 as it posted the highest ever OBR figures of 51.80 MCuM for the Q1 of FY'23 with a growth of 19.6%.
Petroleum products (113.21 per cent), Electronic goods (64.04 per cent) and Chemicals (26.71 per cent) led the way in a high increase in exports during April 2022.
Consequently, the reverse repo rate, at which the RBI borrows from lenders, stood at 3.35 per cent.
