New Delhi, Feb. 14 -- Hindalco Industries reported a 60 percent growth in its December quarter consolidated net profit to Rs.3,735 crore compared to Rs.2,331 crore in the same period last year. Revenue from operations in Q3FY25 stood at Rs.58,390 crore, marking an 11 percent increase from Rs.52,808 crore reported in the year-ago quarter. The company posted a record-high aluminium upstream EBITDA of Rs.4,222 crore, a 73 percent increase, with an EBITDA margin of 42 percent.

Bank of Baroda's board approved raising funds amounting to Rs.8,500 crore during its meeting on February 13. The bank plans to raise capital through a Qualified Institutional Placement (QIP) or other modes, subject to regulatory approvals. The lender stated in an excha...