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“Among the new age tech companies, Zomato stands out best simply because they have a business model which can be profitable as long as they like. They just have to focus on the current business. The reserves combined with commentary could get some upside in the stock near term and then investors will monitor the next few quarters.”

However, consolidated net profit declined 20% to Rs 213 crore in the second quarter that ended in September. The healthcare major had reported a net profit of Rs 267 crore in the July-September period of the previous fiscal.

However, consolidated net profit declined 20% to Rs 213 crore in the second quarter that ended in September. The healthcare major had reported a net profit of Rs 267 crore in the July-September period of the previous fiscal.

The consolidated total income went up to Rs 119.07 crore during the quarter under review from Rs 113.90 crore registered in the same period of last financial year.For the six-month period ending September 30, 2022 the consolidated total income stood at Rs 239.83 crore as against Rs 223.57 crore registered in the corresponding quarter of previous year.

The consolidated total income went up to Rs 119.07 crore during the quarter under review from Rs 113.90 crore registered in the same period of last financial year.For the six-month period ending September 30, 2022 the consolidated total income stood at Rs 239.83 crore as against Rs 223.57 crore registered in the corresponding quarter of previous year.

Edelweiss Financial Services, DAM Capital Advisors, Equirus Capital, IDBI Capital Market Services and Systematix Corporate Services are managers to the issue, whereas Link Intime India is appointed as the registrar to the issue.

Edelweiss Financial Services, DAM Capital Advisors, Equirus Capital, IDBI Capital Market Services and Systematix Corporate Services are managers to the issue, whereas Link Intime India is appointed as the registrar to the issue.

“Business recovery remains robust, and travel demand continued to strengthen with India and other key markets like the US and UK growing double-digits year-on-year, driving a 67% growth in revenue and a return to strong profitability in the traditionally weakest quarter for the industry.” Puneet Chhatwal, Managing Director & CEO, IHCL, said.

“Business recovery remains robust, and travel demand continued to strengthen with India and other key markets like the US and UK growing double-digits year-on-year, driving a 67% growth in revenue and a return to strong profitability in the traditionally weakest quarter for the industry.” Puneet Chhatwal, Managing Director & CEO, IHCL, said.

The company maintained strong operational performance across all businesses. Copper business and aluminium downstream business reported year-on-year growth in operating profit of 55% and 163% respectively, driven by better pricing and recovery in domestic demand.