Oriental Rail Infrastructure Bags ₹42.89 Crore Order for Vande Bharat Express Seats

Oriental Rail Infrastructure has secured its first major order for supplying seats for the Vande Bharat Express, India’s premier indigenous semi-high-speed train.

The order, valued at ₹42.89 crore, was awarded by the Rail Coach Factory (RCF) in Kapurthala, marking a pivotal moment for the company as it enters the prestigious Vande Bharat segment.

Order Details and Scope

The contract involves the supply of eight sets of one rake set of “seats” without seat fixing profiles for the Trainset-18, popularly known as the Vande Bharat Express. The delivery of the seats is scheduled for July 24, 2026.

As per the payment terms, 95% of the payment will be released upon inspection certification and proof of dispatch, while the remaining 5% will be paid upon final acceptance.

This order is a landmark achievement for Oriental Rail Infrastructure, as it aligns with Indian Railways’ ambitious plans to modernize its fleet and enhance passenger comfort through the Vande Bharat initiative.

Entry into the Vande Bharat Segment

The Vande Bharat Express is a flagship project of Indian Railways, designed to offer world-class amenities and faster travel times. By securing this order, Oriental Rail Infrastructure has demonstrated its capability to contribute to this transformative initiative.

The contract not only enhances the company’s reputation but also opens doors for future collaborations in the high-speed train segment.

Q3 FY25 Financial Performance

Despite the significant order win, Oriental Rail Infrastructure reported a decline in its financial performance for the third quarter of the fiscal year 2024-25 (Q3 FY25).

The company’s consolidated net profit fell by 39.9% year-on-year (YoY) to ₹7.52 crore, compared to ₹12.51 crore in the same period last year (Q3 FY24). However, revenue from operations saw a modest increase of 4.3% YoY, rising to ₹152.82 crore in Q3 FY25.

Stock Performance 

On March 10, 2025, Oriental Rail Infrastructure share price traded 4.99% higher at ₹170.30 at 10:57 AM (IST). Oriental Rail Infrastructure’s share price reached a 52-week high of ₹445, and a 52-week low of ₹137.20. As per BSE, the total traded volume for the stock stood at 0.35 lakh shares with a turnover of ₹58.73 lakhs.

At the current price, Oriental Rail Infrastructure shares are trading at a price-to-earnings (P/E) ratio of 105.78x, based on its trailing 12-month earnings per share (EPS) of ₹1.61, and a price-to-book (P/B) ratio of 4.24, according to exchange data.

About Oriental Rail Infrastructure

Oriental Rail Infrastructure is a leading manufacturer and supplier of diversified railway products for Indian Railways and related industries.

The company’s product portfolio includes seats and berths, recorn, compreg board and articles, furniture and parts, coated upholstery fabric, plywood, phenolic resin and hardener, silicon foam, and more. Its expertise in producing high-quality railway components has made it a trusted partner for Indian Railways.

 

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Tata Power Renewable Energy to Pump ₹49,000 Crore into Andhra Pradesh’s Green Energy Projects

Tata Power Company Ltd announced on Friday (March 7) that its subsidiary, Tata Power Renewable Energy Ltd (TPREL), has signed a Memorandum of Understanding (MoU) with the Government of Andhra Pradesh.

The agreement aims to collaborate on the development of renewable energy projects with a cumulative capacity of up to 7,000 MW (7 GW) in the state. The projects will include solar, wind, and hybrid energy solutions, with or without storage systems.

Tata Power’s Massive Investment of ₹49,000 Crore

The estimated investment for these projects is approximately ₹49,000 crore, marking one of the largest renewable energy investments in Andhra Pradesh.

This initiative aligns with the state’s Integrated Clean Energy (ICE) Policy, which targets the development of over 160 GW of renewable energy with an investment potential of ₹10 lakh crore.

Driving Socio-Economic Growth

Beyond advancing Andhra Pradesh’s clean energy goals, the projects are expected to significantly contribute to the local economy.

They will create employment opportunities, foster skill development, and support livelihoods, thereby promoting socio-economic growth in the region.

TPREL to Lead Project Development

As part of the agreement, TPREL will conduct preliminary assessments, feasibility studies, and development activities to explore the viability of the proposed projects.

The New and Renewable Energy Development Corporation of Andhra Pradesh (NREDCAP) will provide essential support, including facilitation, site identification, and assistance with evacuation infrastructure.

Management Outlook on Andhra Pradesh Deal 

Deepesh Nanda, CEO and Managing Director of TPREL, highlighted the significance of the partnership, stating, “By leveraging our expertise and cutting-edge technology, this collaboration will drive large-scale renewable energy adoption and contribute to India’s sustainability goals. Developing up to 7 GW of clean energy projects will further strengthen Andhra Pradesh’s position as a renewable energy hub and accelerate its transition towards a low-carbon economy.”

Stock Performance 

On March 07, 2025, Tata Power share price traded 2.42% higher, at ₹359.80. According to BSE data, the stock recorded a total traded volume of 2.20 lakh shares, translating to a turnover of ₹7.89 crore.

According to exchange data, Tata Power shares are trading at a price-to-earnings (P/E) ratio of 32.21x, based on its trailing 12-month earnings per share (EPS) of ₹11.17, and a price-to-book (P/B) ratio of 6.78 at the current price.

Conclusion

The partnership between TPREL and the Andhra Pradesh government underscores Tata Power’s commitment to advancing India’s renewable energy landscape. It also reflects the state’s proactive approach to achieving its clean energy targets and fostering sustainable development.

This collaboration is expected to play a pivotal role in transforming Andhra Pradesh into a leading renewable energy hub while contributing to India’s broader sustainability and climate action objectives.

 

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

RailTel Corporation Secures ₹75.8 Crore Work Orders from Northern and East Central Railways

RailTel Corporation of India Ltd, a leading telecom infrastructure firm, announced on Friday that it has secured two significant work orders totalling ₹75.8 crores from Northern Railway and East Central Railway.

Northern Railway’s ₹28.29 Crore Order Details

Northern Railway has awarded the first order, valued at ₹28.29 crore. The project involves indoor and outdoor double-distant signalling work, which is critical for ensuring safe and efficient train operations.

RailTel has been tasked with completing this project by September 6, 2026. The initiative is expected to bolster the signalling infrastructure, thereby improving the overall safety and reliability of railway services in the region.

About East Central Railway ₹47.5 Crore Order

East Central Railway has placed the second order, worth ₹47.5 crore. This project involves designing, manufacturing, supplying, installing, testing, and commissioning an Electronic Interlocking System in the Dhanbad Division.

Electronic interlocking systems are vital for managing train movements and preventing collisions by ensuring that signals and points operate in a synchronised manner. The project is slated for completion by March 6, 2026.

Q3 FY25 Performance 

In addition to the new contracts, RailTel Corporation also reported its financial performance for the latest quarter. The company’s net profit rose by 4.7% year-on-year (YoY) to ₹65 crore, up from ₹62.1 crore in the same period last year.

Revenue from operations saw a significant surge, increasing by 14.8% YoY to ₹767.6 crore, compared to ₹668.4 crore in the third quarter of the fiscal year 2023-24 (Q3 FY24). This robust revenue growth highlights RailTel’s expanding business footprint and its ability to secure high-value projects.

However, the company’s Earnings Before Interest, Taxes, Depreciation, and Amortisation (EBITDA) witnessed a 6.6% YoY decline, settling at ₹121 crore against ₹129.7 crore in the corresponding quarter of the previous year.

As a result, the EBITDA margin contracted to 15.8%, down from 19.4% in Q3 FY24. This dip in EBITDA margin underscores the need for the company to balance its growth trajectory with cost management.

Stock Performance 

On March 10, 2025, Railtel Corporation share price traded 0.55% higher at ₹300.20 at 9:32 AM (IST). Railtel Corporation’s share price reached a 52-week high of ₹618, and a 52-week low of ₹265.30. As per BSE, the total traded volume for the stock stood at 0.60 lakh shares with a turnover of ₹1.83 crores.

At the current price, Railtel Corporation shares are trading at a price-to-earnings (P/E) ratio of 36.52x, based on its trailing 12-month earnings per share (EPS) of ₹8.22, and a price-to-book (P/B) ratio of 5.10, according to exchange data.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

JSW Steel Reports 12% YoY Growth in Crude Steel Production for February 2025

Sajjan Jindal-led JSW Steel on Friday, March 7, announced its consolidated crude steel production figures for February 2025, showcasing significant year-on-year (YoY) growth.

Strong Growth in Production

JSW Steel reported a consolidated crude steel production of 24.07 lakh tonnes in February 2025, marking a 12% YoY increase compared to 21.50 lakh tonnes in February 2024.

The company’s Indian operations produced 23.32 lakh tonnes, reflecting a 13% YoY rise from 20.59 lakh tonnes in the same month last year. Capacity utilisation for Indian operations stood at 93.5% during the month.

JSW Steel USA – Ohio Production Decline

In contrast, JSW Steel USA – Ohio recorded a drop in production, reporting 0.75 lakh tonnes in February 2025, down from 0.91 lakh tonnes in February 2024.

Highest-ever quarterly Crude Steel Production

For the quarter ending March 2025, JSW Steel achieved its highest-ever quarterly crude steel production at 7.03 million tonnes (MT), reflecting a 2% YoY increase and a 4% quarter-on-quarter (QoQ) rise.

Saleable steel sales during the quarter stood at 6.71 MT, while capacity utilisation of Indian operations was at 91%.

Debt Reduction and Financial Health

As of December 31, 2024, JSW Steel’s net debt stood at ₹80,921 crore, reflecting a reduction of ₹1,884 crore compared to the previous quarter. This decline was attributed to cash generated from operations and the release of working capital.

Stock Performance 

On March 10, 2025, JSW Steel share price traded 0.53% higher at ₹1016.55.15 at 9:22 AM (IST). According to BSE data, the stock recorded a total traded volume of 6312 shares, translating to a turnover of ₹64.08 lakhs.

According to exchange data, GMR Airports shares are trading at a price-to-earnings (P/E) ratio of 51.86x, based on its trailing 12-month earnings per share (EPS) of ₹19.62, and a price-to-book (P/B) ratio of 3.18 at the current price.

 

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

GMR Expands Stake in Delhi Airport, Raises Holding to 74% with 10% Acquisition from Fraport

GMR Airports on Friday, March 7, announced that it has completed the acquisition of a 10% equity stake in Delhi International Airport Ltd (DIAL) from Fraport AG Frankfurt Airport Services Worldwide.

With this transaction, GMR’s shareholding in DIAL has risen from 64% to 74%, further consolidating its position as the airport operator.

Deal Finalised After Regulatory Approvals

The acquisition, which was initially announced on September 9, 2024, has now been finalised after securing all necessary regulatory approvals and meeting the required conditions.

The transfer of shares and the exchange of consideration between GMR and Fraport have been successfully concluded, marking the deal’s completion.

Q3 FY25 Performance

In a regulatory filing, GMR Airports also reported robust financial results for the third quarter ended December 31, 2024. The company posted a net profit of ₹202.1 crore, a significant turnaround from the net loss of ₹486.4 crore recorded in the same quarter of the previous fiscal year.

GMR Airports’ revenue from operations saw a notable increase of 19.2%, rising to ₹2,653.2 crore in Q3 FY2025 from ₹2,226.7 crore in the corresponding period of the previous fiscal year.

At the operating level, the company’s EBITDA (earnings before interest, tax, depreciation, and amortisation) surged by 48.3% to ₹991.7 crore, up from ₹668.6 crore in the same quarter of the previous fiscal year.

The EBITDA margin for the reporting quarter stood at 37.4%, a substantial improvement compared to the 30% margin recorded a year ago.

Stock Performance 

On March 07, 2025, GMR Airports share price ended 1.37% lower, closing at ₹72.70. According to BSE data, the stock recorded a total traded volume of 4.41 lakh shares, translating to a turnover of ₹3.24 crore.

According to exchange data, GMR Airports shares are trading at a price-to-earnings (P/E) ratio of -363.50x, based on its trailing 12-month earnings per share (EPS) of ₹-0.20, and a price-to-book (P/B) ratio of 1.61 at the current price.

 

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Sebi Extends Public Comment Deadline on Unclaimed Funds and Securities to March 31

The Securities and Exchange Board of India (SEBI) on Friday announced an extension of the deadline for submitting public comments on its proposed guidelines for the treatment of unclaimed funds and securities lying with brokers.

Initially, the markets regulator had sought comments by March 4, 2025, but has now extended the timeline to March 31, 2025. The decision was made to allow stakeholders more time to provide their feedback on the consultation paper floated on February 11, 2025.

Proposed Guidelines for Unclaimed Funds and Securities

In its consultation paper, SEBI outlined a framework for handling unclaimed funds and securities.

According to the proposal, if funds or securities cannot be credited to a client’s bank account or Demat account in the normal course of business, or if the client is unreachable, such accounts will immediately be placed under ‘enquiry status’.

Trading members (TMs) are required to make efforts to contact the clients through letters, emails, phone calls, or any other feasible means.

Upstreaming of Funds and Classification as Unclaimed

SEBI has mandated that trading members must upstream such funds to clearing corporations by existing upstreaming guidelines. Funds in client accounts under ‘enquiry status’ will be classified as ‘unclaimed funds’.

Similarly, client securities that remain under ‘enquiry status’ or lie with the trading member for more than 30 days will be termed as ‘unclaimed securities’.

Tracing Clients and Disclosing Information

The regulator emphasised the need for brokers to take proactive measures to trace clients whose funds or securities are classified as unclaimed. In cases where clients cannot be located, brokers are required to contact the client’s introducer, nominee, employer, or any other related person whose details are available.

However, SEBI clarified that brokers must not disclose any financial or holding details of the client during this process.

Objectives of the Guidelines

The proposed guidelines aim to ensure that unclaimed funds and securities are handled transparently and systematically, protecting the interests of investors while maintaining the integrity of the market. The extension of the comment period reflects SEBI’s commitment to incorporating stakeholder feedback before finalising the rules.

Stakeholders, including brokers, investors, and other market participants, are encouraged to submit their comments by the revised deadline of March 31, 2025. The final guidelines are expected to bring greater clarity and accountability to the treatment of unclaimed assets in the securities market.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Foreign Investors Withdraw ₹24,753 Crore from Indian Equity Markets in Early March

Foreign investors have continued their retreat from the Indian equity markets, pulling out ₹24,753 crore (approximately USD 2.8 billion) in the first week of March.

This marks the 13th consecutive week of net outflows, reflecting growing concerns over escalating global trade tensions and underwhelming corporate earnings.

Sustained Outflows in 2025

The latest outflow follows a trend of significant withdrawals in the first two months of 2025. In February, FPIs pulled out ₹34,574 crore from Indian equities, while January witnessed a massive outflow of ₹78,027 crore.

Cumulatively, foreign investors have withdrawn ₹1.37 lakh crore from Indian equities so far this year, according to data from depositories.

Since December 13, 2024, FPIs have offloaded equity shares worth USD 17.1 billion, underscoring a prolonged period of risk aversion.

This contrasts sharply with the optimism seen in 2023 when India attracted net inflows of ₹1.71 lakh crore, driven by strong economic fundamentals.

Debt Market Activity

While equities have faced significant outflows, the debt market has seen mixed activity. FPIs invested ₹2,405 crore in the debt general limit during the same period.

However, they withdrew ₹377 crore from the debt voluntary retention route (VRR), indicating a selective approach to fixed-income investments.

Shift Towards Domestic Consumption Sectors

Amid the ongoing uncertainty, foreign investors are increasingly reallocating their investments towards domestic consumption-driven sectors such as financials, telecom, hotels, and aviation.

These sectors are perceived as relatively insulated from global trade tensions and external economic shocks. Conversely, externally linked sectors are witnessing reduced interest as investors adopt a more defensive approach.

Sharp Contrast to Previous Years

The current trend of outflows marks a stark departure from the previous year. In 2024, FPIs scaled back their investments significantly, with net inflows amounting to just ₹427 crore.

This was a dramatic decline compared to the robust inflows of ₹1.71 lakh crore in 2023 when India was seen as a bright spot in the global economy. The year 2022, on the other hand, saw net outflows of ₹1.21 lakh crore, primarily due to aggressive rate hikes by global central banks.

Growing Uncertainty and Investor Caution

The persistent outflows reflect the growing uncertainty in global markets, fueled by geopolitical tensions, trade disputes, and concerns over slowing economic growth.

Foreign investors are adopting a cautious approach, prioritising stability over riskier assets. This has led to a recalibration of their portfolios, with a focus on sectors that are less vulnerable to external shocks.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Avanti Feeds Share Price Trades 1.88% Higher to 52-week High on March 06, 2025

On March 06, 2025, Avanti Feeds’ share price rose by 1.88% to ₹801.15 as of 12:01 PM (IST), reflecting positive market sentiment. The stock reached a 52-week high of ₹821.15 on March 06, 2024, and a 52-week low of ₹472.00 on March 14, 2024. As per BSE data, the total traded volume stood at 1.60 lakh shares, with a turnover of ₹12.89 crore.

At the current price, Avanti Feeds shares are trading at a price-to-earnings (P/E) ratio of 24.82x, based on a trailing 12-month earnings per share (EPS) of ₹32.28, and a price-to-book (P/B) ratio of 5.16.

Shareholding Details

As of December 31, 2024, Avanti Feeds’ shareholding structure was led by its promoters, who held a 43.23% stake in the company. Foreign Institutional Investors (FIIs) owned 14.47%, while Domestic Institutional Investors (DIIs) accounted for 5.49% of the total shareholding.

Avanti Feeds Q3 FY25 Results

Avanti Feeds’ share price advanced 3.23% to ₹744 after the company reported an 86.59% year-on-year (YoY) surge in consolidated net profit to ₹135.21 crore for Q3 FY25. The strong profit growth was driven by an 8.98% rise in revenue from operations, which stood at ₹1,365.8 crore compared to Q3 FY24.

Profit before tax (PBT) witnessed a significant 59% increase, reaching ₹183.98 crore in Q3 FY25, up from ₹115.71 crore in the same period last year.

On a segmental basis, revenue from shrimp feed rose 11.86% YoY to ₹1,041.6 crore, while processed shrimp revenue remained flat at ₹321.02 crore. The shrimp hatchery segment saw a robust growth of 133.83% YoY, contributing ₹3.40 crore during the quarter.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

IndiGo Share Price Trades Higher on March 06, 2025

On March 06, 2025, IndiGo share price rose by 0.17% to ₹4,703.10 as of 11:30 AM (IST), reflecting positive market sentiment. The stock reached a 52-week high of ₹5,033.20 on September 12, 2024, and a 52-week low of ₹3,015.10 on March 11, 2024. As per BSE data, the total traded volume stood at 6,106 shares, with a turnover of ₹2.88 crore.

At the current price, IndiGo shares are trading at a price-to-earnings (P/E) ratio of 29.92x, based on a trailing 12-month earnings per share (EPS) of ₹157.19, and a price-to-book (P/B) ratio of 48.67.

Shareholding Details

As of December 31, 2024, IndiGo’s shareholding structure was led by its promoters, who held a 49.27% stake in the company. Foreign Institutional Investors (FIIs) owned 24.83%, while Domestic Institutional Investors (DIIs) accounted for 21.14% of the total shareholding.

IndiGo Q3 FY25 Results

For the quarter ending December 31, 2024, IndiGo reported a 12.0% increase in capacity to 40.8 billion, while the number of passengers carried rose by 12.7% to 31.1 million. Unit passenger revenue (PRASK) saw a modest rise of 0.3% to ₹4.72.

The airline’s revenue from operations grew 13.7% year-on-year (YoY) to ₹22,110.7 crore, while total income surged 14.6% to ₹22,992.8 crore. Passenger ticket revenues climbed 12.3% to ₹19,267.8 crore, with ancillary revenues witnessing a strong 22.3% increase to ₹2,153.1 crore.

IndiGo’s EBITDAR stood at ₹6,058.7 crore for the quarter, reflecting an EBITDAR margin of 27.4%, compared to ₹5,475.1 crore and a margin of 28.1% in Q3 FY24. However, the airline’s net profit declined to ₹2,448.8 crore from ₹2,998.1 crore in the same period last year.

As of December 31, 2024, IndiGo’s total cash balance was ₹43,780.8 crore, comprising ₹28,903.5 crore in free cash and ₹14,877.3 crore in restricted cash. The airline’s total debt, including capitalised operating lease liabilities, stood at ₹65,138.5 crore.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Reliance Industries Share Price Trades 1.48% Higher on March 06, 2025

On March 06, 2025, Reliance Industries’ share price rose by 1.48% to ₹1,193.20 as of 11:01 AM (IST), reflecting positive market sentiment & targeting to reach ₹1,200 levels back. The stock reached a 52-week high of ₹1,608.95 on July 08, 2024, and a 52-week low of ₹1,156.00 on March 03, 2025. As per BSE data, the total traded volume stood at 2.58 lakh shares, with a turnover of ₹30.79 crore.

At the current price, Reliance Industries shares are trading at a price-to-earnings (P/E) ratio of 45.70x, based on a trailing 12-month earnings per share (EPS) of ₹26.11, and a price-to-book (P/B) ratio of 3.08.

Shareholding Details

As of December 31, 2024, Reliance Industries’s shareholding structure was led by its promoters, who held a 50.13% stake in the company. Foreign Institutional Investors (FIIs) owned 19.16%, while Domestic Institutional Investors (DIIs) accounted for 19.02% of the total shareholding.

Reliance Industries Q3 FY25 Results

Reliance Industries Ltd (RIL) reported a 7% year-on-year (YoY) increase in consolidated net profit for the third quarter (Q3) of FY25, reaching ₹18,540 crore, exceeding Street estimates of ₹18,337 crore.

The company’s total revenue from operations grew by 7% YoY to ₹2.43 lakh crore, while consolidated revenue stood at ₹2.39 lakh crore, slightly below the estimated ₹2.42 lakh crore.

Jio Posts 26% Profit Growth, ARPU Rises

Reliance Jio Infocomm, the telecom subsidiary, recorded a strong 26% YoY rise in consolidated net profit for the December quarter, reaching ₹6,861 crore, up from ₹5,447 crore in the same period last year. The company’s average revenue per user (ARPU) rose by 12% YoY to ₹203.3, reflecting strong operational performance.

EBITDA and Margins See Steady Growth

The oil-to-telecom conglomerate’s Earnings Before Interest, Taxes, Depreciation, and Amortisation (EBITDA) rose nearly 8% in Q3 to ₹48,003 crore, with EBITDA margins improving by 10 basis points to 18%.

 

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.