Reported Standalone quarterly numbers for ITL Industries are: Net Sales at Rs 43.66 crore in September 2024 up 13.61% from Rs. 38.43 crore in September 2023. Quarterly Net Profit at Rs. 1.98 crore in September 2024 down 0.11% from Rs. 1.99 crore in September 2023. EBITDA stands at Rs. 3.47 crore in September 2024 up 0.58% from Rs. 3.45 crore in September 2023.
Open FlipReported Standalone quarterly numbers for Akar Auto Industries are: Net Sales at Rs 95.96 crore in September 2024 up 0.21% from Rs. 95.76 crore in September 2023. Quarterly Net Profit at Rs. 1.84 crore in September 2024 up 26.19% from Rs. 1.46 crore in September 2023. EBITDA stands at Rs. 7.38 crore in September 2024 up 31.08% from Rs. 5.63 crore in September 2023.
Open FlipThe Indian cabinet's decision to waive bank guarantee requirements for telecom operators on spectrum purchased before 2022 will significantly reduce their financial burden, freeing up capital and enhancing cash flow, according to the Cellular Operators Association of India. The move is expected to benefit companies like Vodafone Idea, which owes over Rs 24,700 crore in bank guarantees.
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