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Revenues from operations in the period under consideration fell 14.6% to Rs 7421.73 crore from Rs 8685.97 crore earlier. Total expenses last quarter stood at Rs 6759.28 crore, which is a decline of 11.6% over Rs 7644.23 crore registered in Q4FY21. Ebitda (Earnings before interest, tax, depreciation and amortisation) margin for the quarter was 11.2%.
GIC Re posts Rs 1,991 cr profit in FY21The state-owned reinsurer had posted a loss of Rs 186.46 crore in 2019-20.
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… Read MoreIndusInd Bank sells over 70 lakh shares of McLeod RusselIndusInd Bank stock closed at Rs 1,017.25 apiece on BSE, up 0.98 per cent. McLeod Russel shares ended nearly 5 per cent higher at Rs 36.85.
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… Read MoreSebi approves stricter independent director norms, measures to attract more investors into marketThe new norms will be effective from January 1, 2022.
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… Read MoreSterling and Wilson Solar posts Rs 345 cr loss in Q4Total income of the company quarter stood at Rs 1,416.33 crore in the March quarter.
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… Read MoreSebi fines 2 FPIs for violating market normsThe regulator has dropped charges against designated depository participant (DDP) ICICI Bank Ltd.
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