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Adani Energy Solutions Ltd (AESL), the electricity transmission arm of the Adani Group, on Thursday reported an 87 per cent rise in March quarter profit to Rs 714 crore, aided by a one-time exceptional income.
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Markets closed lower Thursday, with Sensex falling 315 points and Nifty down 82, pressured by Reliance and banks. Gains in SAMHI Hotels, Niva Bupa, and Dalmia Bharat cushioned losses.
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Tech Mahindra reported a significant surge in its Q4 consolidated net profit, marking a 76% year-over-year increase to reach Rs 1,167 crore, accompanied by a 4% rise in revenue. The company's board recommended a final dividend of Rs 30 per share. Deal wins stood at $2.7 billion, reflecting a 42% YoY increase.
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