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Listed here are the highest tales to start out your day.

⭐ Shree Cement’s web revenue declines

Shree Cement (+0.5%) reported a 15% YoY decline in standalone web revenue to ₹546 crore in Q4FY23, from ₹645 crore final 12 months. Nonetheless, its income from operations grew by 16.7% YoY to ₹4,785 crore from ₹4,098 crore. With a second interim dividend of ₹55 declared by the corporate’s board, its whole dividend for the 12 months has gone as much as ₹100 per share.

⭐ BPCL’s This fall revenue zooms

Oil and Gasoline firm, Bharat Petroleum (+0.5%), reported a development of 159% YoY in web earnings to ₹6,477 crore for Q4FY23. In the identical interval, its income from operations elevated 8.1% to ₹1.33 lakh crore, towards ₹1.23 lakh crore in the identical quarter final 12 months. The corporate’s board has advisable a dividend of ₹4 per share.

⭐ Aditya Birla Vogue studies loss in This fall

Attire retailer, ABFRL (-1.0%), reported a consolidated web lack of ₹186.9 crore in Q4FY23, in comparison with a revenue of ₹43.5 crore in the identical quarter final 12 months. In response to the corporate, revenue was impacted as a result of unfavourable working leverage on the again of sluggish gross sales. Then again, the corporate posted a 26.1% YoY development in income at ₹2,879 crore for a similar interval.

Global markets (at 7:00 AM in the present day)

Truth of the day

Jio added 30.5 lakh cellular subscribers in March, whereas Vodafone Thought misplaced 12.12 lakh customers in the identical month in accordance with information launched by TRAI

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