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Elgi Equipments announces PAT for first quarter, FY24 at Rs 60.5 crore

Consolidated sales for the first quarter was Rs 724 crore as against Rs 694 crore in the corresponding quarter in 2022-23.Read more

Greaves Cotton announces Q1, FY24 earnings, EBITDA stood at Rs 45 Cr

Greaves Cotton saw a growth of 63 per cent y-o-y, and improvement in margins by 4 bps to 11.3 per cent. Company’s new acquisition Excel's revenue stands at Rs 39 crores with robust margins.Read more

Bank GNPAs may touch low of 4% by FY24; MSMEs remain a concern area

Gross non-performing assets (GNPAs) of corporate segment is likely to fall below 2% next fiscal from a peak of 16% as on March 31, 2018; GNPAs of MSME (micro, small and medium enterprises) segment may rise to 10-11% by FY24 from approximately 9.3% as on March 31, 2022, says CRISIL Ratings.Read more

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