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TCS, Ireda, Tata Motors, PN Gadgil And More

GenevaTimes by GenevaTimes
January 9, 2025
in Business
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TCS, Ireda, Tata Motors, PN Gadgil And More
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  • TCS: The tech giant is expected to report a net profit of Rs 12,540 crore and revenue of Rs 64,754 crore for the December quarter, according to Bloomberg estimates.

  • Ireda: Third-quarter earnings will be out on Thursday. The state-owned company reported a 41% year-on-year growth in loan disbursements to Rs 17,236 crore and a 129% rise in loan sanctions to Rs 31,087 crore for Q3.

  • Tata Motors: JLR shipped more cars, but fewer were registered in October-December 2024, even as supply disruptions eased.

  • PN Gadgil Jewellers: The company reported strong growth across its key segments in the third quarter. Revenue from the retail segment increased by 42% year-on-year, while the franchise segment recorded an 87% rise.

  • Bharat Heavy Electricals: BHEL successfully commissioned two units of a hydroelectric project in Bhutan.

  • NTPC Green Energy: The company incorporated NTPC Rajasthan Green Energy Ltd, a 74:26 Joint Venture with Rajasthan Rajya Vidyut Utpadan Nigam Ltd.

  • Acme Solar Holdings: The company, through its arm, has commissioned the remaining 62 MW and 28 MW solar projects in Rajasthan.

  • Poonawalla Fincorp: The company has approved raising up to Rs 190 crore through bonds.

  • Persistent Systems: The company will consider the declaration and payment of an interim dividend.

  • Borosil Renewables: The company has announced 50% capacity expansion in manufacturing of solar glass.

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