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Revenue from operations declined 19.8% YoY to ₹1,055.8 crore, down from ₹1,316 crore in the same period last year.

Operating performance saw some pressure, with the EBITDA margin slipping to 26.9%, from 30.8% in the year-ago quarter, reflecting a contraction of 390 basis points.

Net interest income (NII) rose 13.8% YoY to ₹675 crore, up from ₹593 crore in the corresponding quarter last year.

Shares of Power Finance Corporation Ltd ended at ₹419.20, up ₹1.85, or 1.01%, on the BSE. In contrast, shares of REC Limited closed at ₹372.50, down ₹9.60, or 2.51%, on the BSE.

Shares of Bharat Electronics Ltd ended at ₹429.55, down by ₹3.30, or 0.76%, on the BSE.

Manishi Raychaudhuri, Chief Executive Officer, Emmer Capital Partners said India has remained relatively stable compared with other Asian markets. He sees opportunities in financials, materials, industrials, and selective consumer stocks, while remaining cautious on IT services due to AI disruption…

Crompton Greaves Consumer posted a better-than-expected Q3, beating CNBC-TV18 estimates on profit, EBITDA and margins, even as year-on-year profit dipped amid labour code costs.

Ramesh Nair, MD & CEO, Mindspace Business Parks REIT, said REIT cost of funding has declined over the last nine months due to lower interest rates, with a higher share of fixed-rate debt. He added that new funding options could…

Shares of Kalyan Jewellers India Ltd ended at ₹379.80, up by ₹3.60, or 0.96%, on the BSE.

RBI now lets banks lend directly to REITs, boosting funding options for Brookfield, Embassy, Mindspace, Nexus Select, and Knowledge Realty Trust.