Take a call on Senco's shine after it lists https://ift.tt/QHtGLzc have grown at a CAGR of 19% over the last 4 fiscal years to ₹4,077 crore. Net profit has grown at 32% during this period to ₹158 crore in FY23. The Ebitda margin for FY23 is at 8.5% with return on net worth standing at 19% and return on capital employed at 14%.
Government's cash surplus tops Rs 3.4 lakh crore https://ift.tt/54P3HSG from the deceleration in government spending, higher direct tax collections and a likely sharp rise in issuances of Treasury Bills by the Centre in FY24 were factors pushing up the government's cash balances, analysts said. The flow of government cash balances to and from the banking system is a key factor that influences liquidity conditions.
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