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As of 31 March 2024, Tata Steel's net debt stands at Rs 77,550 crore. Despite this, the company highlighted its strong liquidity position, with group liquidity at Rs 31,767 crore, including cash and cash equivalents of Rs 9,532 crore
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The investments will focus on mine enhancement, acquiring new mines, deeper drilling permissions, addition of equipment, setting up slurry pipelines, and expanding other allied facilities
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Key financial highlights for FY24 include a 21 per cent year-on-year (YoY) growth in total revenues, reaching Rs. 987 crores, driven by successful project completions and revenue recognition from key projects
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Despite these positive trends, Vibhor Steel faced challenges with its operating income, which declined by 4.68 per cent in Q4 FY24 to Rs 29,119.92 lakh from Rs 30,549.41 lakh in Q4 FY23
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Key financial highlights for FY24 include revenues of Rs. 1,754.1 crores in Q4 FY24, up 15.7 per cent from Rs. 1,516.5 crores in Q4 FY23 and a 7.4 per cent increase from Rs. 1,633.5 crores in Q3 FY24, culminating in a total revenue of Rs. 6,594.6 crores for FY24, a 17.8 per cent rise from Rs. 5,599.2 crores in FY23
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According to the Tea Board of India, Assam recorded a total tea production of 661.39 million kg in 2023-24. Of this, big growers accounted for 349.85 million kg, while small growers contributed 311.54 million kg
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Paytm however has denied any such development and called the news speculative
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This strategic move is part of the Adani Group's efforts to overcome the challenges that emerged following the financial irregularities allegations by US short-seller Hindenburg in January of the previous year
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The Ebidta of the company stood at Rs 178 crores, with a margin of 27.7 per cent, while it recorded a sequential quarter-on-quarter growth of 4.4 per cent in the same period. The PAT (Profit After Tax) for the quarter was Rs 137 crore with margins of 20.5 per cent as against Rs 139 crore in the same quarter of last year
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The week so far has been dramatic once again. So what does mid week trading have in store for the stock market? Read it here
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