Reliance Securities
EBITDA% improved to 13.8%, +30bp qoq and +230bp yoy with tailwinds such as INR depreciation and increase in fixed-price mitigating the furlough impact. PAT stood at Rs365mn impacted by Rs106mn exceptional pertaining to provisioning of one-time transaction cost associated with purchase agreement by Virtusa. Utilization was lower at 74.3%, -2.2% qoq impacted by Chennai floods. Employee headcount increased to 7,738, 90 additions in 3Q;...
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