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State-run Indian Renewable Energy Development Agency (IREDA) on Thursday reported a net profit of Rs 388 crore for the quarter ended September 30, 2024 which was up 36% over Rs 285 crore reported by the company in the year ago period. Revenue from operations in Q2FY25 stood at Rs 1,629 crore which was up by 38% against Rs 1,177 crore reported by the company in Q2FY24.
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Tata Consultancy Services (TCS) has declared a second interim dividend of Rs 10 per share, payable on November 5, 2024, with a record date of October 18, 2024. The announcement followed the release of Q2FY25 earnings, showing a 5% YoY increase in consolidated net profit to Rs 11,909 crore, falling short of analyst estimates.
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Utpal Sheth, of TRUST Group and RARE Enterprises, praises the Tata Group's value system and principle-based decision making under Ratan Tata's leadership. He highlights the group's commitment to humility, humanity, and hunger in its leaders, and reminisces about Rakesh Jhunjhunwala's deep respect and investment in the Tata Group's ethos and policies.
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