The company focused on reducing its carbon footprint, achieving the highest ever quarterly sales of CNG vehicles, surpassing 113,000 units. CNG penetration also increased to around 27%.
Equitas Small Finance Bank reported strong growth and steady performance in Q1FY24, with a 97% YoY increase in Profit After Tax and a 47% YoY growth in disbursements. The bank s gross advances grew by 36% YoY, and key ratios remained healthy.
Chemical company SRF Limited reported a 14% decrease in consolidated sales, a 37% decrease in EBIT, and a 41% decrease in PAT for Q1FY24 compared to the same period last year. The Packaging Films Business saw a 27% decline in revenue, while the Chemicals Business saw a 4% decline.