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APL Apollo Tubes Limited
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SG Finserve (NSE: SGFIN) profit jumps 119% as Rs 4,552cr loan book tests durability of nil NPAs
SG Finserve Limited doubled operating income and lifted quarterly profit by 119% as its supply chain finance loan book reached a record ₹4,552 crore. Nil reported NPAs strengthen the growth narrative, but rising leverage, portfolio concentration and limited seasoning create a more demanding durability test.