Prestige Estates Q1 FY24 Net Profit Surges 26.56%

11 Aug 2023 CW Team

Prestige Estates Projects, a prominent real estate company, has reported a significant growth of 26.56% in its net consolidated profit for the quarter ending June 30, 2023. The profit after tax reached Rs 3.17 billion in Q1 FY24, compared to Rs 2.51 billion in the corresponding quarter of the previous fiscal year. Despite this growth in profit, the company's net consolidated total income experienced a slight dip of 2.26%, standing at Rs 19.66 billion in Q1 FY24, down from Rs 20.11 billion in the same quarter last year. During this period, the group acquired 51% shares in Dashanya Tech Parkz and invested in Prestige Vaishnaoi Realty Ventures. Additionally, the group acquired 42.07% shares in TeEhzone Technologies and entered into agreements to acquire full interest in Prestige (BKC) Realtors and Turf Estate joint Venture LLP. The board also appointed S.N. Nagendra as an additional non-executive independent director for a term of five years, effective from August 8, 2023.

Infrastructure Urban

16 May 2025

3i Infotech Reports Rs 7.25 Bn Revenue for FY25

3i Infotech, a leading provider of digital transformation, technology services and technology solutions, announced its consolidated financial results for the fourth quarter and full year FY25, ended on March 31st, 2025. The company maintained its growth momentum, displaying consistent progress for the 3rd consecutive quarter.In Q4 FY25, 3i Infotech reported revenue of Rs 1.87 billion, reflecting steady performance compared to Rs 1.81 billion in Q3 FY25 and Rs 1.97 billion in Q4 FY24. The company delivered strong profitability improvements, with gross margin growing by 14.8 per cent Q-o-Q and 1..

Infrastructure Urban

16 May 2025

Emerald Finance Joins Baya PTE to Boost SME Bill Discounting

Emerald Finance is a dynamic company offering a spectrum of financial products and services including its flagship Earned Wage Access (EWA) in India, has entered into a strategic partnership with Singapore-based Baya PTE through its Indian subsidiary. This collaboration aims to strengthen bill discounting services for Small and Medium Enterprises (SMEs), enabling faster access to working capital and improved cash flow management.The initiative is designed to support SMEs that supply to large corporates such as JSW Steel, Delhivery, and PVR INOX, among others. By facilitating timely invoice dis..

Infrastructure Urban

16 May 2025

BLS E-Services Crosses Rs 5 Bn Revenue Mark in FY25

BLS E-Services, a technology-enabled digital service provider, announced its audited consolidated financial results for the quarter and full year period ended 31 March 2025.Speaking about the performance and recent updates, Shikhar Aggarwal, Chairman, BLS E- Services said, 鈥淲e are delighted to report a remarkable performance in FY25, as we achieved several milestones during the fiscal year. FY25 marked our highest-ever financial performance, as we surpassed Rs 5 billion milestone in Total Income during the year, which was reported at Rs 5.45 billion, a notable YoY growth of 76 per cent. The ..