Blogs, insights, guides and videos on India's unlisted market — all in one place.
<p>BigBasket, the Tata Group-backed online grocery platform, is preparing to go public within the next 18 to 24 months. According to CEO Hari Menon, the company aims to leverage the booming demand for fast online deliveries, catering to a wide range of products—from fresh produce to premium gadgets like Apple iPhones. </p> <p><strong>1. Ambitious Growth Targets </strong><br />The company is on an aggressive growth trajectory, targeting a year-on-year doubling of its business by March 2026. Currently operational in 35 cities, BigBasket plans to expand its reach to around 70 cities within the next year. Menon, however, refrained from disclosing specific details about the investments required to achieve these milestones.</p> <p><strong>2. Riding the Wave of Quick Commerce </strong><br />BigBasket's move to go public comes at a time when India’s quick commerce industry is experiencing exponential growth. Competitors such as Swiggy's Instamart and Zomato's Blinkit are competing fiercely in urban markets, capitalizing on the rising popularity of 10-minute delivery services. This surge in demand has made the quick commerce sector one of the most lucrative segments in the e-commerce landscape.</p> <p><strong>3. Expanding Offerings to Include Quick Food Delivery </strong><br />In addition to its existing grocery delivery services, BigBasket is set to venture into the quick food delivery space. This strategic move aims to broaden its customer base and strengthen its position in the fast-paced urban delivery market. </p> <p><strong>4. The Tata Group’s Influence </strong><br />With Tata Sons holding a majority stake in the company, BigBasket benefits from a solid backing that enhances its credibility in the competitive e-commerce market. The planned IPO aligns with Tata’s broader strategy of expanding its footprint in the digital commerce space.</p> <p>BigBasket's impending public offering, ambitious growth plans, and foray into new delivery segments signal its intent to dominate India's rapidly evolving quick commerce industry.</p>
<p data-pm-slice="1 1 []">TruCap Finance Limited has announced the sale of its entire gold loan business to InCred Financial Services Limited for a total consideration of approximately ₹330 crores. The transaction, structured as a <strong>slump sale</strong>, involves the transfer of assets, liabilities, and associated trademarks such as “Dhanvarsha.” This move is aimed at strengthening TruCap’s balance sheet by reducing debt and refocusing on its <strong>green energy finance and MSME lending business</strong>. The deal is expected to be completed by <strong>April 30, 2025</strong>, subject to necessary approvals.</p> <div><hr /></div> <h2><strong>Key Details of the Deal</strong></h2> <h3><strong>A) Seller: TruCap Finance Limited</strong></h3> <ul data-spread="false"> <li> <p>A non-banking financial company (NBFC) with a focus on small business loans and gold loans.</p> </li> <li> <p>Decided to exit the gold loan business to reallocate capital towards high-growth segments.</p> </li> </ul> <h3><strong>B) Buyer: InCred Financial Services Limited</strong></h3> <ul data-spread="false"> <li> <p>A well-diversified NBFC engaged in <strong>personal loans, MSME loans, and education finance</strong>.</p> </li> <li> <p>Reported a turnover of ₹1,292.32 crores and a net worth of ₹3,320.40 crores as of March 31, 2024.</p> </li> </ul> <h3><strong>C) Nature of the Transaction</strong></h3> <ul data-spread="false"> <li> <p><strong>Slump Sale</strong>: The gold loan business is being sold as a <strong>going concern</strong>, meaning all related assets, liabilities, and branding will be transferred without cherry-picking specific assets.</p> </li> <li> <p>This includes the transfer of the <strong>"Dhanvarsha" brand</strong> and other associated intellectual property.</p> </li> </ul> <h3><strong>D) Financial Considerations</strong></h3> <ul data-spread="false"> <li> <p>The sale is valued at <strong>₹330 crores</strong>, but the final consideration will depend on the <strong>principal outstanding at the time of closing</strong>.</p> </li> <li> <p>The gold loan business contributed ₹66.40 crores to TruCap’s revenue in <strong>FY 2023-24</strong>, representing <strong>36.48%</strong> of its total revenue of ₹182.01 crores.</p> </li> <li> <p>The net worth of the gold loan division stood at <strong>₹106.29 crores</strong>, which was <strong>48.47%</strong> of TruCap’s total net worth.</p> </li> <li> <p>Assets under management (AUM) for TruCap were ₹597.82 crores, of which the <strong>gold loan business accounted for ₹289.82 crores</strong>.</p> </li> </ul> <h3><strong>E) Strategic Rationale for the Sale</strong></h3> <p>TruCap Finance has outlined the following reasons for exiting the gold loan business:</p> <ol start="1" data-spread="false"> <li> <p><strong>Debt Reduction</strong>: The proceeds from the sale will be used to <strong>lower leverage</strong>, improving financial stability.</p> </li> <li> <p><strong>Strengthening Net Worth</strong>: Selling a capital-intensive business like gold loans allows the company to <strong>free up capital</strong> for expansion in more strategic sectors.</p> </li> <li> <p><strong>Focus on Green Energy & MSME Finance</strong>: The company aims to scale up its <strong>green energy finance</strong> and <strong>MSME business loans</strong>, which are considered high-growth areas.</p> </li> </ol> <h3><strong>F) Timeline & Regulatory Approvals</strong></h3> <ul data-spread="false"> <li> <p>A <strong>binding term sheet</strong> was signed on <strong>February 25, 2025</strong>.</p> </li> <li> <p>The deal is expected to close by <strong>April 30, 2025</strong>, subject to:</p> <ul data-spread="false"> <li> <p><strong>Shareholder approvals</strong></p> </li> <li> <p><strong>Regulatory clearances</strong></p> </li> </ul> </li> <li> <p><strong>No impact on TruCap’s shareholding pattern</strong> is expected.</p> </li> </ul> <h3><strong>G) InCred’s Expansion Strategy</strong></h3> <p>For <strong>InCred Financial Services</strong>, acquiring TruCap’s gold loan business is a strategic expansion move. Gold loans offer <strong>secured lending opportunities with lower default risks</strong>, making them an attractive addition to InCred’s existing portfolio.</p> <div><hr /></div> <h2><strong>What is a Slump Sale?</strong></h2> <p>A <strong>slump sale</strong> is a form of business transaction where a company <strong>sells an entire business unit, division, or undertaking as a "going concern"</strong>, meaning all assets and liabilities are transferred without itemized pricing for individual components.</p> <h3><strong>Key Features of a Slump Sale:</strong></h3> <ol start="1" data-spread="false"> <li> <p><strong>Entire Business Transfer</strong>: The sale must include an <strong>entire undertaking</strong>, meaning it cannot selectively exclude specific assets or liabilities.</p> </li> <li> <p><strong>Going Concern Basis</strong>: The business <strong>continues to operate</strong> after the transfer, ensuring minimal disruption.</p> </li> <li> <p><strong>Lump-Sum Consideration</strong>: The buyer pays a <strong>single price</strong>, rather than valuing individual assets separately.</p> </li> <li> <p><strong>Taxation Impact</strong>:</p> <ul data-spread="false"> <li> <p>The seller may be liable for <strong>capital gains tax</strong>.</p> </li> <li> <p>If the business has been held for more than 36 months, <strong>long-term capital gains tax (LTCG)</strong> may apply.</p> </li> </ul> </li> </ol> <h3><strong>Why Companies Opt for Slump Sales?</strong></h3> <ul data-spread="false"> <li> <p><strong>Streamlining Business Focus</strong>: Selling non-core businesses allows companies to <strong>reallocate capital</strong> to more strategic areas.</p> </li> <li> <p><strong>Quick & Efficient Transactions</strong>: Unlike asset-by-asset sales, a slump sale ensures <strong>simpler valuation</strong> and <strong>faster regulatory approvals</strong>.</p> </li> <li> <p><strong>Improved Financial Ratios</strong>: Reducing debt and focusing on high-margin businesses enhances <strong>return on equity (ROE) and profitability</strong>.</p> </li> </ul> <div><hr /></div> <h2><strong>Conclusion</strong></h2> <p>The <strong>TruCap-InCred deal</strong> marks a significant shift in <strong>India’s NBFC landscape</strong>, highlighting the <strong>growing importance of specialization</strong> in financial services. While TruCap Finance <strong>exits gold loans</strong> to strengthen its position in MSME and green energy financing, <strong>InCred gains a strategic foothold</strong> in the gold loan segment, expanding its secured lending portfolio.</p> <p>As the transaction moves towards completion, the <strong>NBFC sector will be keenly watching</strong> how this deal impacts market dynamics, lending trends, and financial performance for both entities.</p>
<p>The National Company Law Tribunal (NCLT) recently completed hearing an insolvency petition filed by Devyani International against B9 Beverages Limited, the maker of Bira beer. The dispute revolves around unpaid dues amounting to ₹1.09 crore. A bench comprising Judicial Member B. Venkat Balram Das and Technical Member Atul Chaturvedi has now set March 7 as the date for compliance. </p> <p><strong>1. Devyani International – A Key Player in the QSR Industry </strong><br />Devyani International is a publicly listed company operating multiple quick-service restaurant (QSR) brands, including KFC and Pizza Hut, across India. The company entered into business agreements with B9 Beverages with the objective of expanding brand reach and strengthening market presence. </p> <p><strong>2. Business Agreement Between Bira and Devyani</strong><br />The relationship between Devyani International and B9 Beverages began on October 1, 2021, when B9 sought to enhance its market standing and approached Devyani for collaboration. This led to the execution of multiple agreements, including: </p> <p><strong>3. Brand Alliance Agreement – Designed to boost brand visibility and strengthen market growth.</strong> <br />Supply Agreements – B9 committed to supplying products to different locations, such as Ile Bar at Lucknow’s CCS Airport and Indira Gandhi International Airport, New Delhi. <br /><br />4.<strong> Sister Concern Agreements</strong> – Devyani’s subsidiaries, Devyani Food Spirit Private Limited (DFSPL) and Devyani Airport Services Mumbai Private Limited (DASMPL), also entered into agreements for product supply at various airport outlets. </p> <p>On March 14, 2023, an addendum was added to the brand alliance agreement and the supply agreement with DFSPL, further defining their business engagement. </p> <p><strong>5. Payment Dispute and Alleged Default </strong><br />Despite fulfilling its contractual commitments, Devyani International claims that B9 Beverages did not meet its financial obligations. As per the agreements, B9 was required to clear payments within ten days after each quarter ended. However, starting in the first quarter of the 2023-2024 financial year, B9 allegedly defaulted on its payments. Despite repeated reminders, no payments were made against invoices issued from June 29, 2023, onward. </p> <p><strong>6. Legal Action Under Insolvency and Bankruptcy Code (IBC) </strong><br />After multiple unsuccessful attempts to recover the dues, Devyani International issued a formal notice under Section 8 of the Insolvency and Bankruptcy Code (IBC), 2016. In response, B9 Beverages allegedly submitted a reply on September 27, 2024, which Devyani deemed frivolous and lacking a valid resolution to the payment issue. As a result, Devyani moved forward with legal proceedings to initiate the Corporate Insolvency Resolution Process (CIRP) against B9. </p> <p><strong>7. Legal Representation and Tribunal Proceedings</strong><br />Devyani International is being represented in the case by Advocates Satish Rai, Abhay Gupta, Lakshay Aggarwal, and Yogesh Khandiya from SR Legal. On the other hand, B9 Beverages has legal representation from Advocates Divjyot Singh and Nipun Dwivedi. The next step in the proceedings will be the compliance review scheduled for March 7.</p>
<p>OYO, the prominent Indian hospitality brand, finds itself in the middle of a storm after the release of its latest advertisement in a Hindi newspaper. The tagline, "Bhagwan har jagah hai aur OYO bhi" (God is everywhere, and so is OYO), has triggered a wave of backlash online. Social media users expressed their displeasure, accusing the company of insensitivity and disrespect for religious sentiments. </p> <p><strong>1. Explaining the Context</strong><br />In the advertisement, OYO highlighted its presence in several significant spiritual locations, including Ayodhya, Varanasi, Prayagraj, Ajmer, Amritsar, Shirdi, Ujjain, and others. The company aimed to emphasize its reach in areas known for their religious and spiritual importance. However, the phrasing of the tagline has overshadowed this intent, leaving many viewers upset.</p> <p><strong>2. Public Reaction and Online Backlash</strong><br />The ad’s comparison of OYO’s widespread availability to God’s omnipresence did not sit well with a large section of the audience. Many deemed the association disrespectful, igniting a social media trend with the hashtag #BoycottOYO. Critics argue that drawing parallels between a commercial entity and a divine concept is both inappropriate and offensive.</p> <p><strong>3. Cultural Sensitivities in Advertising</strong><br />This incident underscores the importance of cultural and religious sensitivities in marketing campaigns, especially in a country as diverse as India. While companies often strive to connect with their audience through relatable messages, crossing certain boundaries can lead to unintended consequences. In this case, the attempt to highlight OYO’s presence in pilgrimage destinations backfired due to the choice of words.</p> <p><strong>4. What Lies Ahead for OYO?</strong><br />As the controversy continues to escalate, it remains to be seen how OYO will address the backlash. Will the company issue an apology or clarify its intent further? For now, the ad has left a significant dent in its reputation, sparking debates about the fine line between creativity and cultural respect in advertising.</p> <p>This incident serves as a reminder that while bold marketing strategies can capture attention, they must also respect the sentiments of the target audience to avoid such pitfalls.</p>
<p>B9 Beverages, the company behind the popular Bira 91 beer, is gearing up for its stock market debut in 2026. However, a seemingly simple transition from B9 Beverages Private Ltd to B9 Beverages Ltd turned into a costly affair. The name change necessitated re-registering product labels, which disrupted sales for several months. This unexpected hurdle resulted in an inventory write-off of Rs 80 crore, significantly increasing the company's financial burden.</p> <p><strong>1. Surging Losses and Shrinking Revenue</strong><br />The impact of these operational delays was severe. B9 Beverages reported a staggering Rs 748 crore loss for the fiscal year ending March 2024, marking a 68% rise in losses compared to the previous year. What made matters worse was that its total sales stood at Rs 638 crore, a 22% decline from FY23, meaning the company’s losses surpassed its overall revenue.</p> <p><strong>2. Market Challenges and Stiff Competition</strong><br />In addition to internal setbacks, the company faced increasing competition from local microbreweries, craft beer brands, and premium international brewers. This intensifying market pressure further strained B9 Beverages, making it even harder to recover from its financial downturn.</p> <p><strong>3. Founder’s Take on the Sales Disruption</strong><br />B9 Beverages’ founder, Ankur Jain, shed light on how the name change directly impacted business operations. "We faced a 4-6 month delay in sales due to the need to re-register labels and secure approvals across different states. Although demand for our beer remained high, we couldn’t supply it for months," Jain explained. He also mentioned that additional policy shifts and changes in distribution routes in Delhi NCR and Andhra Pradesh—key markets contributing to over a third of the company’s sales—exacerbated the situation.</p> <p><strong>4. Declining Sales Volume</strong><br />The company also suffered a sharp decline in sales volume, dropping from nine million cases in FY23 to just 6-7 million cases in FY24. This decline reflected the impact of both external market factors and internal restructuring challenges.</p> <p>As B9 Beverages moves closer to its IPO, it will need to navigate these financial setbacks while regaining its foothold in the competitive beer industry.</p>
<p>Oyo, a global hospitality technology company, has launched its European vacation rental brand, DanCenter, in India. The brand's first Indian property, comprising newly constructed 3BHK villas, has opened in Siolim, North Goa. This marks Oyo’s significant move into India’s growing alternative accommodation market, catering to travelers seeking personalized and unique stays beyond traditional hotels. </p> <p><strong>1. A Strategic Expansion in Premium Vacation Rentals </strong> <br />The launch of DanCenter in India aligns with Oyo’s strategy to expand its footprint in the premium vacation home rental sector. The company aims to capitalize on the increasing preference of Indian travelers for customized and experience-rich accommodations, signaling a shift in the travel landscape. </p> <p><strong>2. DanCenter’s Legacy and Oyo’s Acquisition </strong><br />DanCenter, established in Denmark in 1957, boasts a vast portfolio of 12,000 properties across Denmark, Sweden, Norway, and Germany. Oyo acquired DanCenter through its subsidiary, Oyo Vacation Homes, in 2019 to strengthen its presence in the European market. Now, by introducing the brand in India, Oyo is tapping into the demand for high-end vacation rentals in popular leisure destinations like Goa. </p> <p><strong>3. Growing Demand for Luxury Holiday Homes in India </strong><br />Aditya Sharma, the head of Oyo's luxury business division, emphasized the increasing popularity of luxury holiday rentals in India, making it the right time to introduce DanCenter to Indian travelers. The brand aims to offer premium experiences with services like concierge assistance, chef-on-call, experiential tours, and mixology sessions, targeting the evolving expectations of modern travelers. </p> <p><strong>4. India’s Alternative Accommodation Market on the Rise </strong><br />India's alternative accommodation sector is experiencing remarkable growth, valued at ₹15,000 crore ($1.8 billion) in FY24 and projected to exceed ₹35,000 crore ($4.2 billion) by FY27, according to a report by travel analytics firm Videc. This segment, once limited to areas with limited hotel availability, has now entered the mainstream, driven by travelers' desire for flexibility, distinctive experiences, and competitive pricing compared to conventional hotels. </p> <p><strong>5. Transforming the Lodging Landscape </strong><br />The emergence of alternative accommodations has reshaped the travel and lodging sector. Virendra Jain, CEO and co-founder of Videc, noted that the rise of this segment has blurred the lines between hotels and vacation rentals, attracting a new wave of travelers and inspiring innovative supply types. With this shift, non-traditional travelers are increasingly exploring alternative accommodations as a viable option. </p> <p><strong>6. Competitive Dynamics in India’s Online Market </strong><br />The online alternative accommodation market in India, valued at $569 million in FY24, constitutes 33% of the total segment. Major online travel platforms like Airbnb, MakeMyTrip, and Booking.com dominate this space, accounting for 97% of online bookings. While niche players such as StayVista, Saffron Stays, and Lohono are making efforts to standardize supply and enhance booking processes, their share of the market remains comparatively small. </p> <p><strong>7. Challenges and Opportunities for DanCenter </strong><br />DanCenter’s entry into the Indian market brings fresh competition but also presents challenges. Issues such as maintaining consistent cleanliness, standardizing guest experiences, and ensuring reliable service are critical for winning traveler trust. Additionally, adapting its European business model to cater to the unique preferences and expectations of Indian travelers will be key to DanCenter’s success in the region. </p> <p><strong>8. Aiming for Personalized, High-Quality Experiences </strong><br />Arjun Singh Meena, head of DanCenter India, highlighted that Indian travelers today are looking for more than just a place to stay; they seek high-quality, personalized experiences in luxurious, well-managed spaces. With DanCenter’s entry, Oyo aims to address these demands and establish a stronghold in India’s growing vacation rental sector. </p> <p> <br />The launch of DanCenter in India signifies Oyo’s commitment to strengthening its position in the alternative accommodation space. By offering premium vacation rentals and focusing on personalized services, the brand is poised to capture the attention of India’s evolving travel market. DanCenter’s performance in India will not only showcase Oyo’s ability to adapt global brands to local needs but could also encourage more international vacation rental players to explore opportunities in the country.</p>
<p>🚀 Sterlite Power’s ₹2,250 Cr MEGA DEAL! ⚡ Sterlite Power has secured its biggest order ever, boosting renewable energy transmission and global expansion! With 42 GW renewable integration, advanced conductors, and OPGW supply, the company is set for massive growth. Is Sterlite Power the next big stock? 📈 Watch now & share your thoughts in the comments! 🔔 Subscribe to UnlistedZone for more powerful market updates!</p>
<p>Profits jumped 377%, but core business struggled with a 10% revenue drop and lower margins. A ₹70 Cr exceptional gain drove the growth. Sustainable or one-time boost?</p>
<p>Mohan Meakin Limited continues its strong growth trajectory with impressive revenue expansion and improved profitability, reinforcing its market position. 🚀📈</p>
<p>Tata Capital, the financial services arm of the Tata Group, has outlined plans to raise ₹15,000 crore ($1.72 billion) through debt instruments. The fundraising initiative, approved by the company’s board earlier this month, will include the issuance of green bonds and non-convertible debentures (NCDs). </p> <p><strong> 1. Purpose of Fundraising </strong><br />The funds generated will be directed towards on-lending activities and operational expansion. This move comes as Tata Capital works to meet the Reserve Bank of India’s (RBI) requirement to list its shares publicly by September this year. </p> <p><strong> 2. Green Bonds for Sustainable Projects </strong><br />A significant portion of the funding, ₹10,000 crore, will be raised through green bonds and market-linked NCDs via private placements. Green bonds are specifically aimed at financing environmentally friendly projects, such as renewable energy, clean transportation, and energy efficiency initiatives. </p> <p><strong> 3. Additional Debt Instruments </strong><br />The remaining ₹5,000 crore will be raised through secured redeemable NCDs, which come with a liquidity window facility. These measures, detailed in the company’s filings, are part of a broader strategy to ensure liquidity and financial stability. </p> <p><strong> 4.</strong> <strong>Merger of Tata Capital and Tata Motors Finance </strong><br />Last year, the boards of Tata Capital and Tata Motors Finance (TMFL) approved a merger, which has now been sanctioned by the RBI and the lenders of both firms. This merger will result in TMF Holdings, a Tata Motors-owned investment entity, holding a 4.7% stake in the merged company. </p> <p><strong> 5.Regulatory Compliance and Public Listing </strong><br />As an ‘Upper Layer’ Non-Banking Financial Company (NBFC) under RBI regulations, Tata Capital faces stricter compliance requirements. This classification necessitates a public listing by September, a move expected to bolster the company’s capital base and reduce its debt burden. </p> <p><strong>6</strong>. <strong>Tata Sons’ Stake in Tata Capital </strong><br />Tata Sons, which currently owns a 93% stake in Tata Capital, is unlikely to reduce its ownership below 75% in the upcoming Initial Public Offering (IPO). The public listing is anticipated to provide additional financial strength and align with regulatory expectations. </p> <p><strong> 7. No Official Comments on Fundraising </strong><br />While the company has not issued a formal statement regarding its fundraising plans, industry observers view these steps as a strategic effort to strengthen Tata Capital’s position in the financial services sector. </p> <p>Tata Capital’s fundraising, its green bond initiative, and the merger with Tata Motors Finance underline the company’s commitment to sustainable growth and long-term value creation.</p>
<p>Mohan Meakin Limited has announced its financial results for the quarter ended December 31, 2024 (Q3 FY25), and the nine months ended December 31, 2024, showcasing strong growth in revenue, profitability, and earnings per share (EPS). </p> <p><strong>Q3 FY25 Financial Highlights </strong> </p> <p><strong>1. Revenue Growth: </strong><br /> The Company reported a remarkable 105% growth in total revenue, reaching ₹823 crore compared to ₹400 crore in the preceding quarter. </p> <p><strong>2. Expense Increase: </strong><br /> Total expenses rose 102% to ₹769 crore from ₹380 crore in the previous quarter, driven by increased operational activities. </p> <p><strong>3. Profit Before Tax (PBT): </strong><br /> PBT surged by 170% to ₹54 crore in Q3 FY25, compared to ₹20 crore in the previous quarter, reflecting operational efficiency and strong revenue growth. </p> <p><strong>4. Net Profit (PAT): </strong><br /> The profit after tax increased by 62.5% to ₹40 crore, up from ₹15 crore in Q2 FY25, demonstrating improved profitability despite rising expenses. </p> <p><strong>5. Earnings Per Share (EPS): </strong><br /> EPS for the quarter climbed to ₹48.09, a substantial increase from ₹17.61 in the previous quarter. </p> <p><br /><strong>Nine-Month Performance (April 1 to December 31, 2024) </strong></p> <p><strong>1. Revenue: </strong><br /> Total income for the nine-month period increased by 15% to ₹1,549 crore, compared to ₹1,338 crore during the same period in the previous financial year. </p> <p><strong>2. Expenses: </strong><br /> Total expenses grew 15% year-over-year to ₹1,455 crore, as compared to ₹1,264 crore in the corresponding period last year. </p> <p><strong>3. Profit Before Tax (PBT): </strong><br /> PBT increased by 27% to ₹93 crore, compared to ₹73 crore in the same period of the previous year, showcasing sustained growth momentum. </p> <p><strong>4. Net Profit (PAT): </strong><br /> Net profit rose 25% to ₹69 crore, as against ₹55 crore in the corresponding nine-month period of the previous financial year. </p> <p><strong>5. Earnings Per Share (EPS): </strong><br /> EPS for the nine months ended December 31, 2024, improved to ₹81.78, up from ₹64.65 in the same period of the previous financial year. </p> <p> </p> <p><strong>Management Commentary </strong> <br />The significant revenue and profit growth in Q3 FY25 highlights the Company’s robust operational capabilities and strategic execution. The increase in profitability, despite rising costs, reflects operational efficiency and the effectiveness of its business strategies. </p> <p>Mohan Meakin remains committed to driving sustainable growth and delivering value to its shareholders, further strengthening its market leadership in the sector. </p> <p><strong>Outlook </strong><br />With a strong financial performance in Q3 and a solid nine-month trajectory, Mohan Meakin is well-positioned for continued growth in the coming quarters, focusing on operational excellence and market expansion.</p>
Indicative prices, company research and your enquiries — in your pocket. Get price notes on the names you follow and reach our team from anywhere.
