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The White House has retreated several times on the sweeping tariffs Trump unveiled in early April that led to a global stock market meltdown and prompted investors to flee the normally safe-haven U.S. dollar and Treasury debt.
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Gold prices remained stable as investors watched for updates on trade talks. They also awaited key inflation data from the United States. This data could offer clues about the Federal Reserve's future policy decisions. Earlier, gold reached a high due to uncertainties. Market participants will analyze economic data to assess the impact of tariffs on the Fed's interest rate outlook.
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The company's net profit increased 10% year-on-year to 2,482 crore and revenue from operations grew 13% to 23,063.3 crore in the March 2025 quarter. Sales volume rose 6% excluding acquisitions. The per-tonne operating profit before depreciation and amortisation (Ebitda) increased sequentially for the third straight quarter to 1,270, a 7% year-on-year growth.
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