Nod for 12 smart city roads in Vizag

Tata Steel Posts Rs 258.02 Bn Consolidated EBITDA for FY2025

Tata Steel reported a consolidated EBITDA of Rs 258.02 billion for FY2025, reflecting a 10 per cent year-on-year growth despite a challenging operating environment. The company’s consolidated annual revenues stood at Rs 2.18 trillion, with an EBITDA margin of approximately 12 per cent. In India, Tata Steel achieved its highest-ever crude steel production of around 21.7 million tons and record deliveries of about 20.9 million tons, aided by the 5 MTPA expansion at Kalinganagar and full-capacity operations at Neelachal Ispat Nigam. Indian operations contributed Rs 1.33 trillion in revenue and ..

JM Financial Posts Q4FY25 Revenue of Rs 10.27 Bn, PAT at Rs 2.10 Bn

While approving the financial results for the last quarter and financial year ended March 31, 2025, the Board of Directors has recommended a dividend of Rs 2.7/- per share (face value of Re 1/-).Commenting on the results and financial performance, Vishal Kampani, Vice Chairman and Managing Director, JM Financial, said, “The pipeline of capital market & M&A transactions continues to remain strong. We continue to build and scale our wealth and asset management businesses. We have increased our shareholding in JM Financial Credit Solutions Limited to ~97 per cent from ~47 per cent. We w..

Ventive Hospitality’s FY25 EBITDA Tops Rs 10 Bn Mark

Ventive Hospitality announced its consolidated financial results for Q4 and full−year FY 2025, ending March 31, 2025.In Q4 FY25, the Company reported consolidated revenue of Rs 7.17 billion, a growth of 20 per cent year on year (yoy). Consolidated EBITDA1 was at Rs 3.70 billion, a growth of 23 per cent yoy. EBITDA margin was at 52 per cent. Profit after tax was Rs 1.51 billion.Ventive’s hospitality portfolio of 11 luxury and upper upscale hotels generated revenue of Rs 5.84 billion in Q4, a growth of 26 per cent yoy. The hospitality business’ EBITDA was at Rs 2.70 billion and EBITDA marg..