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The balance sheets of some of India’s leading companies have improved sharply, with leverage coming down significantly in FY24. For a universe of 275 companies belonging to the BSE500, the debt ...
This strategic move, along with funds raised through a qualified institutional placement, has significantly reduced the ...
Revenue for Q3 2024 increased by 0.9% to 11 billion rand. Group EBITDA rose by 28%, improving the EBITDA margin to 27.2%. The company reduced its interest-bearing debt by 2.7% to 12.6 billion rand.
Vedanta has realized significant savings in interest payments by refinancing high-interest loans with lower-cost debt, ...