Reported Standalone quarterly numbers for GRM Overseas are: Net Sales at Rs 149.92 crore in September 2024 down 9.47% from Rs. 165.60 crore in September 2023. Quarterly Net Profit at Rs. 7.12 crore in September 2024 up 5.18% from Rs. 6.77 crore in September 2023. EBITDA stands at Rs. 12.82 crore in September 2024 down 9.46% from Rs. 14.16 crore in September 2023.
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Reported Standalone quarterly numbers for Ram Informatics are: Net Sales at Rs 4.00 crore in September 2024 down 78.85% from Rs. 18.93 crore in September 2023. Quarterly Net Profit at Rs. 0.21 crore in September 2024 down 90.08% from Rs. 2.16 crore in September 2023. EBITDA stands at Rs. 1.41 crore in September 2024 down 68.94% from Rs. 4.54 crore in September 2023.
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Limited partners (LPs), who had tightened their purse strings in the first quarter of 2024 after fresh commitments to India-focused private equity, private credit, venture capital and public markets funds hit a record high at the end of 2023, are slowly raising their allocation to the alternatives asset class.
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