Search result for 'ebitda'

Raymond Targets 15% Sales Growth, 15-20% Pre-Tax Earnings After Demerger

September 1, 2024 15:04

Raymond, after demerging its lifestyle and real estate businesses, aims for 15% sales growth and 15-20% pre-tax earnings. The company plans to expand its retail presence and enter new segments.

Adani Ports Acquires 80% Stake in Astro Offshore for USD 185 Million

August 30, 2024 16:53

Adani Ports and Special Economic Zone Ltd (APSEZ) acquires 80% stake in Astro Offshore for USD 185 million, expanding its global marine portfolio and adding new Tier-1 customers.

RIL AGM: Jio Bets on AI, Eyes Revenue Doubling, Free Cloud Storage

August 29, 2024 19:47

RIL Chairman Mukesh Ambani announced Jio's AI-powered vision, including free cloud storage, revenue doubling in 3-4 years, and a possible future demerger. Learn more about Jio's AI plans and the...

Moody's: Tata Steel Outlook Stable, Earnings to Improve

August 28, 2024 20:12

Moody's maintains a stable outlook for Tata Steel, projecting improved earnings over the next two fiscal years. The rating agency expects EBITDA to rise significantly, driven by increased...

Vedanta Prepares Rs 30,000 Cr War Chest for Deleveraging & Growth

August 26, 2024 18:46

Vedanta Ltd, led by Anil Agarwal, aims to use Rs 30,000 crore from recent fundraisings for deleveraging, growth, and transformational projects.

Danfoss India to Double Sales by 2025: CEO

August 25, 2024 14:30

Danfoss India, a leader in HVAC, is confident of doubling sales by 2025, driven by strong growth in the domestic market and government initiatives. The company is focused on energy efficiency and...

Adani Group Sells Ambuja Cements Stake for Rs 4,250 cr

August 23, 2024 19:59

Adani Group promoter offloads 2.8% stake in Ambuja Cements to GQG Partners and other investors for Rs 4,250 crore, reducing promoter holding to 48.1%.

Adani to Sell 3% in Ambuja Cement for $500 Mn

August 22, 2024 20:28

Adani group promoters to sell 3% stake in Ambuja Cement for $500 mn as part of holdings adjustment. The move aims to maintain desired stake levels across the conglomerate and provide strategic...

Ola Electric Shares Plunge 5% Amid Profit Booking

August 22, 2024 19:39

Ola Electric Mobility shares witnessed a 5% decline on Thursday as investors booked profits following a recent price surge since its listing. The stock has experienced a remarkable rally since its...

Ola Electric Aims for Profitability, Scraps Electric Car Plans

August 22, 2024 10:55

Ola Electric CEO Bhavish Aggarwal outlines a path to profitability for the company, focusing on higher volumes, vertical integration and in-house cell production. Electric car plans are shelved.

Hindustan Zinc Declares Rs 8,028 Cr Interim Dividend

August 20, 2024 14:04

Hindustan Zinc Ltd has announced a second interim dividend of Rs 19 per share, totaling Rs 8,028.11 crore for FY25. The company reported a 19.3% rise in net profit for the June quarter.

Adani Group EBITDA Surges 33% in Q1, Leverage at Multi-Year Low

August 19, 2024 13:34

Adani Group reports a 33% surge in EBITDA for the June quarter, driven by strong infrastructure performance and emerging businesses. Leverage reaches a multi-year low.

Smartworks Coworking IPO: Rs 50 cr Loss Despite Revenue Growth

August 19, 2024 12:58

Smartworks Coworking Spaces, set to launch its IPO, reported a Rs 50 crore loss last fiscal despite revenue growth, attributed to higher expenses. The company plans to utilize IPO proceeds for...

Aurobindo Pharma China Plant to Start Production in Q3 FY25

August 19, 2024 12:24

Aurobindo Pharma's China facility to start production in Q3 FY25, with full-scale output in FY26. The company also expects its Pen-G plant to ramp up production significantly.

Ola Electric Widens Loss, Launches E-Motorcycle on Aug 15

August 14, 2024 22:14

Ola Electric reported a wider loss in Q1 FY25 but saw strong revenue growth. The company is set to launch its electric motorcycle portfolio on August 15th, targeting the growing EV market.

Ola Electric's Losses Widen to Rs 347 Cr in Q1 FY24

August 14, 2024 17:48

Ola Electric Mobility reported a higher consolidated loss of Rs 347 crore in the April-June quarter, despite an increase in revenue and vehicle deliveries. The company is aiming to achieve EBITDA...

Allcargo Logistics Profit Plunges 97% in June Quarter

August 14, 2024 15:45

Allcargo Logistics' standalone net profit plummeted 97% to Rs 3.36 crore in the June 2024 quarter, despite a 46% rise in revenue. Learn more about the company's performance and outlook.

Black Box Q1 Profit Up 55%, Revenue Down - Business News

August 14, 2024 15:22

Black Box reported a 55% rise in Q1 profit to Rs 37.09 crore, despite a decline in revenue. The company attributed the profit growth to strong focus on productivity and deal margins.

Allcargo Logistics Q1 Profit Plunges 97%: Key Highlights

August 14, 2024 12:32

Allcargo Logistics's net profit in Q1 FY24 fell 97% to Rs 3.36 crore, despite revenue growth. Learn about the factors driving performance and future outlook.

OYO Reports First Profit: Rs 229 Crore in FY24

August 14, 2024 11:58

OYO, the IPO-bound unicorn, reported its first-ever net profit of Rs 229 crore in FY24, exceeding its earlier estimate. This follows eight consecutive quarters of positive Adjusted EBITDA.

Senco Gold Q1 Net Profit Up 85%, Customs Duty Cut Impacts Inventory

August 13, 2024 17:08

Senco Gold Ltd reported a net profit of Rs 51.27 crore for Q1 FY24, up 85.4%. Revenue grew 7.5% YoY to Rs 1,403.89 crore. Customs duty reduction on gold impacts inventory valuation.

EaseMyTrip Profit Surges 31% in Q1 FY25

August 13, 2024 15:08

EaseMyTrip reports a 31% rise in profit to Rs 33.93 crore in the April-June quarter, driven by strong operational momentum and focus on profitability.

Bharti Group Invests $4 Billion in BT Group, Acquiring 24.5% Stake

August 12, 2024 20:31

Bharti Global, the international investment arm of Bharti Enterprises, has announced plans to acquire a 24.5% stake in BT Group, making it the single largest shareholder in Britain's largest...

REA India Revenue Up 31% to Rs 563 Cr in FY'24: Housing.com, PropTiger Growth

August 12, 2024 18:19

REA India, owner of Housing.com and PropTiger, reported a 31% revenue increase to Rs 563 crore in FY'24 driven by strong residential property demand. Read more.

Berger Paints Targets 5% Value Growth, Turnover Doubling by 2029

August 12, 2024 17:09

Berger Paints expects 5% value growth in Q2FY25 driven by price hikes. The company aims to double turnover to Rs 20,000 crore by 2029, with new plants in Panagarh and Odisha.

Adani Green Energy: 30% CAGR Capacity Growth, 50GW Target by 2030

August 12, 2024 16:06

Adani Green Energy (AGEL) is projected to achieve a 30% CAGR in renewable energy capacity, reaching over 50GW by 2030. This growth is driven by significant capacity additions and improved...

REA India Revenue Surges 31% to Rs 563 Cr in FY24

August 12, 2024 15:54

REA India, owner of Housing.com and PropTiger, reports a 31% revenue increase to Rs 563 crore in FY24, driven by strong demand for residential properties.

Alkem Labs Q1 Profit Soars 91% to Rs 550 Cr - Business News

August 9, 2024 19:25

Alkem Laboratories reports a 91% surge in net profit to Rs 550 crore in Q1 FY25, driven by strong sales. The company also highlights its focus on maximizing profitability and expanding its domestic...

Grasim Q1 Profit Down 12%, Revenue Up 9% - Business News

August 9, 2024 15:41

Grasim Industries reports a 12% decline in Q1 profit to Rs 2,267.74 crore, while revenue rose 9% to Rs 33,860.75 crore. Higher depreciation and interest charges impacted profits.

Eureka Forbes Q1 Profit Surges 26.4% to Rs 32.15 Cr

August 8, 2024 21:43

Eureka Forbes Ltd reported a 26.37% increase in its consolidated net profit to Rs 32.15 crore for Q1 FY24, driven by strong growth in Water Purifier, Vacuum Cleaner, and service business. Revenue...

Lincoln Pharma Profit Soars 24% in Q1 FY25 | Rs 23.67cr

August 8, 2024 21:13

Lincoln Pharmaceuticals reports a strong Q1 FY25 with a 24.51% jump in net profit to Rs 23.67 crore. Total income rose by 10% to Rs 157.69 crore.

Nazara Acquires UK's Fusebox Games for Rs 228 Crore

August 8, 2024 15:47

Nazara Technologies, an Indian gaming company, has acquired UK-based Fusebox Games for Rs 228 crore in an all-cash deal. Fusebox is known for its interactive story game 'Love Island' and is...

Kirloskar Oil Engines Q1 Profit Up 7% to Rs 117 Crore

August 7, 2024 22:16

Kirloskar Oil Engines reported a 7% rise in standalone net profit to Rs 117 crore in the April-June quarter, driven by strong B2B and B2C growth. Exports also grew 15% year-on-year.

APM Terminals Pipavav Q1 Profit Jumps 62% to Rs 109.67 Cr

August 7, 2024 21:24

APM Terminals Pipavav reported a 62% rise in Q1 net profit to Rs 109.67 crore, driven by revenue growth and strong EBITDA margin. Liquid volume grew 31.80% to 345,000 MT.

Pidilite Industries Q1 Profit Up 20.6% to Rs 571.27 Crore

August 7, 2024 19:58

Pidilite Industries reported a 20.6% rise in Q1 profit to Rs 571.27 crore, driven by easing input prices. Revenue also grew, but shares closed lower on the BSE.

Pritika Engineering Components Q1 Profit Rises to Rs 94 Lakh - PTI

August 7, 2024 18:30

Pritika Engineering Components Ltd reported a marginal increase in net profit to Rs 94 lakh in Q1 FY25. The company also announced plans to raise its authorized share capital and expand its...

Asian Granito India Turns Profitable in Q1 FY25, Sales Up 3% | PTI

August 7, 2024 14:59

Asian Granito India reported a consolidated profit of Rs 30 lakh in Q1 FY25, a turnaround from a loss in the previous year. Sales rose by 3% to Rs 343.2 crore.

Fortis Healthcare Q1 Profit Surges 40% to Rs 174 Crore

August 7, 2024 10:32

Fortis Healthcare's consolidated profit after tax jumped 40% to Rs 174 crore in Q1 FY24, driven by strong hospital performance. Revenue also increased, and the company is expanding its bed capacity...

Gulf Oil Profit Soars 29% in Q1: Revenue Up 9%

August 6, 2024 21:11

Gulf Oil Lubricants India reported a 29% rise in net profit to Rs 88.02 crore in the April-June quarter, driven by strong revenue growth and EBITDA margin expansion. The company remains bullish on...

Shree Cement Q1 Net Profit Down 51.3%, Sales Up 8% | Business News

August 6, 2024 20:17

Shree Cement reported a 51.3% decline in Q1 net profit to Rs 278.45 crore, but sales volume increased by 8% to 9.64 million tonnes. The company cites sluggish demand due to elections and weather.

Axiscades Q1 Profit Jumps 3x to Rs 17 Crore | Business News

August 6, 2024 17:46

Axiscades reported a three-fold rise in consolidated net profit to Rs 16.77 crore in the June quarter, driven by higher income and growth in engineering services.

Tata Power Net Profit Jumps 31% to Rs 1,189 Cr in Q1 FY25

August 6, 2024 17:20

Tata Power's net profit surged 31% YoY to Rs 1,189 crore in the June quarter, driven by operational efficiency and strong performance across its businesses.

Vedanta Q1 Profit Surges 37% to Rs 3,606 Crore

August 6, 2024 15:16

Vedanta Ltd's net profit for Q1 FY25 rose 37% to Rs 3,606 crore, driven by improved margins and cost reduction. The company also announced its demerger is on track.

Devyani International Q1 Profit Jumps to Rs 224 Cr

August 6, 2024 13:59

Devyani International, operator of Pizza Hut, KFC, and Costa Coffee, reported a profit of Rs 224.30 crore for the June quarter, driven by marketing campaigns and promotional deals.

Triveni Turbine Q1 Profit Jumps 32% to Rs 80 Cr - Business News

August 5, 2024 19:22

Triveni Turbine reported a 32% rise in consolidated net profit to Rs 80.41 crore in the June quarter, driven by higher income. Read more about the company's financial performance.

Bharti Airtel Q1 Profit Surges 2.5x to Rs 4,160 Cr on ARPU Growth

August 5, 2024 19:18

Bharti Airtel's Q1 FY25 profit jumped 2.5 times to Rs 4,160 crore, driven by higher ARPU, exceptional gains, and India revenue growth. Read more.

Affle Q1 Profit Surges 31% to Rs 86 cr | Tech News

August 4, 2024 11:51

Affle (India) reports a 31% jump in Q1 FY25 net profit to Rs 86.59 crore, driven by strong CPCU business performance and strategic initiatives. Revenue also grew 27.8% year-on-year.

Rane Holdings Q1 PAT Surges 61.2% to Rs 19.5 Cr

August 3, 2024 18:15

Rane Holdings Ltd reported a 61.2% increase in Q1 PAT to Rs 19.5 crore, despite a slight revenue decline. Domestic OE revenue grew, while international sales dipped due to LMCA divestment.

Eveready Industries Q1 Profit Up 18%, Revenue Down 4%

August 3, 2024 16:48

Eveready Industries India Ltd reported a net profit of Rs 29.36 crore in Q1 FY25, up 18.1% YoY, while revenue declined 3.9% to Rs 349.37 crore.

Delhivery Q1 FY25 Profit: Rs 54 cr, Revenue at Rs 2,172 cr

August 2, 2024 19:43

Delhivery reported a profit after tax (PAT) of Rs 54 crore for the June quarter FY25, a significant improvement from the Rs 89 crore loss in the same period last year. Revenue grew to Rs 2,172 crore.

Dhanuka Agritech Profit Soars 48% in Q1 FY25

August 2, 2024 18:19

Dhanuka Agritech reported a strong 48.45% rise in profit after tax to Rs 48.90 crore in the June 2024 quarter, driven by increased demand and a positive monsoon.

ixigo Profit Surges 78% in Q1 FY25

August 1, 2024 20:03

Online travel aggregator ixigo reported a 78% surge in profit after tax for the June 2024 quarter, reaching Rs 14.9 crore. Revenue also grew 16% year-on-year.

Adani Enterprises Q1 Profit Doubles on New Energy Growth

August 1, 2024 17:14

Adani Enterprises' net profit surged 116% in Q1 FY25, driven by strong performance in new energy business, particularly solar and wind. Coal trading saw decline.

Zomato Profit Surges 125x in Q1 FY25, Revenue Up 74% -

August 1, 2024 16:41

Zomato reports a massive jump in net profit to Rs 253 crore in Q1 FY25, driven by a 74% increase in revenue. The company also saw significant growth in its B2C businesses.

Adani Ports Q1 Profit Surges 47% to Rs 3,107 Crore

August 1, 2024 15:56

Adani Ports & SEZ Ltd reported a 47% rise in its consolidated net profit to Rs 3,107 crore in the June quarter, driven by higher income and cargo volume growth.

NIIT MTS Profit Up 8.75% in June Quarter

August 1, 2024 15:02

NIIT Learning Systems reported a net profit of Rs 60 crore in the June 2024 quarter, up 8.75% year-on-year. Revenue also increased, driven by strong demand for its services. The company added three...

HeidelbergCement India Q1 Profit Down 23.7% to Rs 39.9 Crore

August 1, 2024 13:50

HeidelbergCement India's net profit declined by 23.7% to Rs 39.9 crore in Q1 FY24, impacted by lower revenue and volume. Read more about the company's performance.

DFPCL Q1 Profit Surges 75% to Rs 200 Cr

July 31, 2024 18:32

Deepak Fertilisers and Petrochemicals Corporation (DFPCL) reported a 75.43% jump in consolidated profit after tax at Rs 200 crore for the June quarter FY25.

Macrotech Developers Q1 Profit Soars 2.7 Times to Rs 475 Cr

July 30, 2024 19:46

Macrotech Developers reported a 2.7-fold jump in its Q1 net profit to Rs 475.3 crore, driven by higher income. The company also saw strong pre-sales and added new projects in MMR and Pune.

TCPL Q1 Profit Down, Revenue Up: Details & Analysis

July 30, 2024 19:18

Tata Consumer Products Ltd (TCPL) reported a 14.34% decline in net profit for Q1 FY25, but revenue rose 16.32%. Learn more about the company's performance and key highlights.

Zaggle Q1 Net Profit Jumps to Rs 16.7 cr | Business News

July 30, 2024 19:08

Zaggle Prepaid Ocean Services reported a significant rise in its net profit to Rs 16.7 crore in Q1FY25, driven by strong demand for its Zoyer and credit card solutions. Revenue also grew 113% YoY.

Balu Forge Q1 Net Profit Surges Over 100% to Rs 34.16 cr

July 30, 2024 17:57

Balu Forge's net profit for the April-June quarter jumped over 100% to Rs 34.16 crore, driven by higher income and increased demand for specialized engineering products.

Ola Electric IPO: Price Band Fixed, Gigafactory to Start Early 2025

July 29, 2024 20:16

Ola Electric sets IPO price band at Rs 72-76, raising Rs 6,100 crore. Gigafactory operations to begin early 2025. Learn more about the IPO and Ola's growth plans.

Colgate-Palmolive India Q1 Profit Surges 33% to Rs 364 Cr

July 29, 2024 19:49

Colgate-Palmolive India reported a strong Q1 FY24, with net profit rising 33% to Rs 364 crore driven by demand pickup and robust product performance.

Arvind Ltd Q1 Profit Dips 37.25%, Revenue Falls 1.2%

July 29, 2024 19:25

Arvind Ltd reported a 37.25% decline in consolidated net profit for Q1 FY25, impacted by workers' strike and general elections. Revenue also fell 1.2%.

Jai Balaji Q1FY25 Net Up 23%, Capex Completion in 9 Months

July 29, 2024 17:22

Jai Balaji Industries Ltd reports a 23% rise in net profit for Q1FY25, driven by strong demand for specialized products. The company expects to complete its Rs 1000 crore capex within 9 months.

Adani Total Gas Q1 Profit Up 20% on CNG Sales

July 29, 2024 15:22

Adani Total Gas reported a 20% rise in Q1 net profit driven by higher CNG and piped cooking gas sales. Revenue grew 9% to Rs 1,237 crore. CNG sales were up 20% at 153 mmscm.

Marico Aims for 25% Revenue from Foods & Premium Care by FY27

July 28, 2024 13:53

FMCG major Marico expects foods and premium personal care segments to contribute 25% of domestic revenue by FY27, driven by growth in Saffola and Beardo brands.

Vedanta Approves Rs 4 Interim Dividend: Details

July 26, 2024 16:47

Vedanta Ltd announces a second interim dividend of Rs 4 per share for FY24, totaling Rs 1,564 crore. The company recently raised Rs 8,500 crore through QIP.

Jupiter Wagons Q1 Profit Rises 40% to Rs 89 Cr

July 26, 2024 15:16

Jupiter Wagons Ltd reported a 40.3% increase in profit after tax to Rs 89.23 crore for the June quarter, driven by strong wagon business and diversification efforts.

ITC to Invest Rs 20,000 Crore: Chairman Puri

July 26, 2024 15:05

ITC Chairman Sanjiv Puri announced a Rs 20,000 crore investment in the medium term to enhance competitiveness and build an enterprise for the future. The company's confidence in India remains...

Chinese Steel Imports Hurt Indian Steelmakers: Sajjan Jindal

July 26, 2024 13:12

JSW Steel Chairman Sajjan Jindal warns of rising Chinese steel imports impacting domestic margins. Indian steel industry seeks government support for a level playing field.

Vedanta Resources Rating Upgraded by S&P on Improved Capital Structure

July 25, 2024 18:04

S&P Global Ratings upgraded Vedanta Resources' rating to 'B' from 'CCC+' citing improved capital structure and liquidity. The company has sufficient internal resources to meet debt maturities until...

Westlife Foodworld Profit Drops 88.7% in June Quarter

July 25, 2024 17:57

Westlife Foodworld, operator of McDonald's in West and South India, reported an 88.72% decline in net profit for the June 2024 quarter due to subdued in-store business and higher royalty costs....

Airtel Africa Q1 Profit: USD 7 mn, Revenue Drops 16% | PTI

July 25, 2024 17:25

Airtel Africa reported a net profit of USD 7 million for Q1 FY25, down from a loss in the year-ago period. Revenue fell 16% due to currency devaluation, but the company is focused on cost...

Bikaji Foods Q1 Profit Up 40%, Revenue Rises 15%

July 24, 2024 20:56

Bikaji Foods International Ltd reported a 40.2% increase in its consolidated net profit to Rs 58.06 crore in Q1 FY24. Revenue from operations grew 15.24% to Rs 555.12 crore.

Butterfly Gandhimathi Appliances Q1 Profit at Rs 2.51 cr

July 24, 2024 19:20

Butterfly Gandhimathi Appliances Ltd reported a net profit of Rs 2.51 crore for the April-June 2024 quarter, down from Rs 14.73 crore in the same period last year. Total income also declined to Rs...

Ramkrishna Forgings Q1 Profit Rises 3% to Rs 81 cr

July 24, 2024 17:34

Ramkrishna Forgings Ltd reported a 3% increase in consolidated net profit to Rs 81 crore in the June quarter, driven by higher income. The company's total income rose to Rs 1,013.98 crore.

BSNL Losses Narrow to Rs 5,371 Cr in FY24 - Business Standard

July 24, 2024 16:16

BSNL's losses narrowed to Rs 5,371 crore in FY24, while EBITDA rose to Rs 2,164 crore. The government has provided several revival packages for BSNL and MTNL.

Vedanta Raises USD 1 Billion in QIP, Goldman Sachs & Morgan Stanley Invest

July 21, 2024 14:50

Vedanta Limited successfully raised over USD 1 billion through a QIP, attracting prominent investors like Goldman Sachs and Morgan Stanley. The funds will be used to de-leverage the company's...

Reliance Retail Profit Rises 4.6% to Rs 2,549 Cr in Q1

July 19, 2024 20:37

Reliance Retail's net profit increased by 4.63% to Rs 2,549 crore in the June quarter, driven by strong growth in revenue and expansion of its store network.

JSW Energy Net Profit Soars 80% to Rs 522 Crore in Q1 FY25

July 19, 2024 19:14

JSW Energy reported an 80% jump in net profit to Rs 522 crore in Q1 FY25, driven by higher thermal business profitability and renewable energy contributions.

Indian Hotels Q1 Profit Up 10.25% to Rs 260 Cr

July 19, 2024 17:56

Indian Hotels Company Ltd (IHCL) reported a 10.25% rise in consolidated net profit to Rs 260.19 crore in Q1 FY25, driven by higher revenue. The company also announced restructuring of its overseas...

Choice International Q1 Profit Surges 50% to Rs 32 Crore

July 19, 2024 13:51

Choice International reported a 50% jump in Q1 FY25 profit to Rs 32 crore, driven by strong performance in broking, advisory, and NBFC segments. Revenue also grew 48% year-on-year.

Vedanta QIP Oversubscribed: Rs 23,000 cr Bids for Rs 8,000 cr Offer

July 18, 2024 15:42

Vedanta's qualified institutional placement (QIP) of Rs 8,000 crore received bids worth Rs 23,000 crore, with strong interest from FIIs and domestic investors. The QIP will help the company...

GoMechanic Turns Profitable, Targets 1,000 Cities by 2027

July 16, 2024 21:19

GoMechanic, acquired by Servizzy, achieves operational profit in Q1 FY24 and reports Rs 210 crore revenue. The company plans to expand its presence to 1,000 cities by 2027.

Himadri Speciality Q1FY'25 Profit Jumps 40% to Rs 123cr

July 16, 2024 17:52

Himadri Speciality Chemical Ltd (HSCL) reported a 40% YoY jump in net profit to Rs 123 crore in Q1FY'25, driven by volume and margin growth. The company expects to maintain this growth momentum.

SpiceJet Posts Sixfold Profit Jump in March Quarter

July 15, 2024 21:51

SpiceJet reported a sixfold jump in its standalone profit to Rs 119 crore in the January-March quarter of 2023-24, driven by improved operational efficiency. The airline also signed a settlement...

Tata Steel Investing in UK Workers After Job Cuts

July 15, 2024 19:25

Tata Steel's chairman discusses plans to support workers impacted by job losses at its Port Talbot plant in the UK, following a transition to a low-emission electric arc furnace. The company is...

Nemetschek Group Enters India: Construction Software Solutions

July 15, 2024 16:33

Nemetschek Group, a leading construction software provider, enters India to capitalize on the booming real estate and infrastructure sectors, offering solutions for the entire project lifecycle.

Tata Steel Outlook Revised to Negative by Fitch

July 12, 2024 18:58

Fitch Ratings downgraded Tata Steel's outlook to negative due to uncertainty surrounding its UK operations. However, strong growth in India and Dutch operations may offset losses.

Vedanta Demerger: 6 New Companies, Value Unlock - Anil Agarwal

July 10, 2024 16:37

Vedanta Chairman Anil Agarwal announces the company's demerger into six independent firms, unlocking significant value and creating new investment opportunities.

Godrej Consumer Sees Double-Digit Growth in India

July 9, 2024 22:23

Godrej Consumer Products Ltd. (GCPL) expects double-digit volume growth in the domestic market during the June quarter, driven by strong performance in both Home Care and Personal Care.

BLS International Acquires iDATA for Rs 720 Crore

July 9, 2024 20:32

BLS International Services has acquired 100% stake in Turkey-based visa services provider iDATA for Rs 720 crore, expanding its global reach and strengthening its position in the market.

ixigo Profit Jumps 55.2% in March Quarter

July 4, 2024 18:55

Travel platform ixigo's parent company, Le Travenues Technology, reported a 55.2% jump in profit for the March quarter, driven by strong revenue growth and increased GTV.

Raymond Demerges Real Estate Biz, Lists Realty Vertical on Exchanges

July 4, 2024 18:48

Raymond Ltd. is demerging its real estate business to unlock value for shareholders and capitalize on the Indian property market. The new entity, Raymond Realty, will be listed on BSE and NSE,...

Fitch Rates Larsen & Toubro 'BBB+' with Stable Outlook

July 3, 2024 18:04

Fitch Ratings affirms 'BBB+' rating with stable outlook on Larsen & Toubro, highlighting its strong financial structure and sound flexibility.

ITC FMCG Spending Rises 12% to Rs 32,500 Crore in FY24

June 28, 2024 20:06

ITC's FMCG business sees 12% growth in consumer spending, reaching Rs 32,500 crore in FY24, driven by strong brands and expanded reach.

Adani Group to Invest Rs 1.3 Lakh Cr in FY25

June 25, 2024 14:13

Adani Group plans to invest Rs 1.3 lakh crore across its portfolio companies in FY25, focusing on green energy, airports, and ports. This investment will be funded by internal cash generation and...

Adani Group: Robust Earnings, Low Debt, Best Yet to Come

June 24, 2024 15:02

Adani Group reports record earnings, low debt, and a strong financial position. CEO Gautam Adani outlines future growth plans and emphasizes India's rising global influence.

7-Star Resort Near Mumbai: Bharat Agri Fert & Realty Invests Rs 55 Cr

June 24, 2024 15:01

Bharat Agri Fert & Realty Ltd (BAFREL) will develop India's first 7-Star resort on the outskirts of Mumbai with an investment of Rs 55 crore. The resort will offer 170 rooms, banquet hall,...

Zepto Raises USD 665 Million, Valuation Triples to USD 3.6 Billion

June 21, 2024 11:39

Quick commerce company Zepto secures USD 665 million in funding, boosting its valuation to USD 3.6 billion. The funding round was led by Avenir, Lightspeed, and Avra.

Vedanta Group: Biggest Wealth Creator in FY25, Market Cap Surges Rs 2.2 Lakh Cr

June 20, 2024 18:58

Vedanta Group, comprising Vedanta Ltd and Hindustan Zinc, has generated the most wealth for investors in FY25, with a combined market cap surge of over Rs 2.2 lakh crore. Read more.

'Marwari' school of business keeps 3 generations of Ruia family under one roof

June 17, 2024 13:47

Essar's Ruia family, spanning 3 generations, defies the trend of family business feuds, staying united under one roof and jointly running the business empire.

Vedanta Targets USD 10 Billion EBITDA with 50 Growth Projects

June 17, 2024 09:32

Vedanta Group outlines its strategic roadmap to achieve USD 10 billion EBITDA through over 50 high-impact growth projects across zinc, aluminum, oil & gas, and power.

Dollar Industries Expands to South India with 50 New Outlets

June 13, 2024 19:25

Dollar Industries is expanding its reach in South India with plans to open 50 new stores over the next three years. The company aims for a 50% sales surge in the region, driven by the popularity of...

Zee Entertainment Plans to Raise Funds via Share Issue, QIPs

June 3, 2024 19:14

Zee Entertainment is planning to raise funds through equity share issuance and QIPs. This comes after the termination of a merger deal with Sony Corporation. The board will meet on June 6 to...

Tata Steel Credit Metrics to Improve in FY25: CreditSights

June 3, 2024 15:42

CreditSights expects Tata Steel's credit metrics to improve in FY25, driven by robust EBITDA growth and lower capex. The ratings firm anticipates strong domestic steel demand and lower coking coal...

Adani Group Shares Surge: Adani Power Zooms 18% - News

June 3, 2024 11:54

Adani Group shares rally sharply, led by Adani Power's 18% surge. The group's strong performance comes after a bullish report from Jefferies and record profits. #AdaniGroup #Shares #MarketRally

Adani Group Reports Record 45% EBITDA Growth in FY24

June 2, 2024 13:29

Adani Group companies achieved a record 45% rise in EBITDA in FY24, driven by strong performance in core infrastructure businesses. The group also highlights its robust financial position and...

Tata Steel UK Job Cuts Inevitable: CEO Narendran

June 2, 2024 11:15

Tata Steel CEO T V Narendran says job cuts in the UK are unavoidable as the company transitions to a low-emission electric arc furnace (EAF) process. The move is expected to reduce production costs...

Vedanta Resources Posts Record EBITDA in FY24

May 31, 2024 16:43

Vedanta Resources, the parent company of India-listed mining group, reported its second highest ever consolidated EBITDA of USD 4.7 billion for FY24, a year its chairman Anil Agarwal called 'pivotal'.

Adani Group Profit Surges 55% in FY24, Eyes USD 90 Billion Investment

May 31, 2024 16:22

Adani Group reports a 55% profit jump in FY24, driven by expansion and consolidation. The conglomerate plans USD 90 billion investment over the next decade.

Tata Motors Sees 5 Million+ Indian PV Sales, Gears Up for Growth

May 31, 2024 12:48

Tata Motors is poised to benefit from India's booming passenger vehicle market, aiming to exceed 5 million annual sales in the coming years. The company will focus on revenue growth and technology...

TBO Tek Q4 Profit Jumps 64% to Rs 46 Crore

May 30, 2024 21:59

Travel distribution firm TBO Tek Ltd reported a 64% surge in Q4 PAT to Rs 46 crore, driven by strong revenue growth. The company also highlighted positive contributions from its recent acquisition,...

EMS Reports 36% Q4 Profit Jump, Revenue Up 37% | Business News

May 30, 2024 17:16

EMS Limited reported a 36% rise in standalone net profit to Rs 46.34 crore for Q4 FY24, driven by strong revenue growth. The company also witnessed significant order book growth.

OYO Reports Maiden Profit of Rs 100 Crore in FY24

May 30, 2024 12:10

OYO, the travel tech platform, has reported a maiden profit of Rs 100 crore in FY24, marking its first profitable fiscal year. The company also saw strong growth in its key markets.

RHI Magnesita India Q4 Loss Narrows - PTI

May 29, 2024 18:38

RHI Magnesita India's consolidated loss narrowed to Rs 257.89 crore in Q4 FY24, driven by improved operational efficiency and cost optimization. Read more.

Popular Vehicles & Services Q4 PAT Rises 40% to Rs 20 Cr

May 29, 2024 18:18

Popular Vehicles & Services Ltd reported a 40% YoY increase in Profit After Tax (PAT) at Rs 20.1 crore for the March quarter. The company's total income grew 4.6% to Rs 1,372 crore, while vehicle...

Fitch Upgrades OYO Parent Oravel Stays Rating to 'B'

May 27, 2024 19:58

Fitch Ratings upgraded Oravel Stays' rating to 'B' from 'B-', citing improved financial performance, strong demand recovery, and cost savings. The upgrade reflects OYO's positive EBITDA leverage...

Senco Gold Targets 15-20% Revenue & Profit Growth in FY'25

May 27, 2024 19:51

Senco Gold aims for 15-20% revenue and profit growth in FY'25 despite rising gold prices. The company plans to open 15-20 new stores, with a focus on expansion in the west and south.

Kilburn Engineering Q4FY'24 Profit: Rs 23.1 cr

May 27, 2024 18:49

Kilburn Engineering reports a strong Q4FY'24 performance with a consolidated net profit of Rs 23.1 crore, driven by the recent acquisition of M E Energy.

ONGC's Investments to Slow Deleveraging: S&P

May 27, 2024 15:56

S&P Global Ratings says ONGC's increased investments will delay deleveraging over the next 12-24 months. The firm's financial performance remains stable, with EBITDA expected to remain at Rs 1 lakh...

Zypp Electric Secures $15 Million from ENEOS for EV Expansion

May 27, 2024 12:38

Zypp Electric raises $15 million from Japanese firm ENEOS to expand its electric scooter fleet to 2 lakh and services to 15 Indian cities by 2026.

Ashok Leyland to Launch 5-6 New LCVs in 2024

May 24, 2024 18:46

Ashok Leyland, the Hinduja Group flagship company, plans to launch 5-6 new products in the light commercial vehicle segment this year, aiming for a 70-80% market share in the next few years. The...

Ashok Leyland Q4 Profit Rises 16.73% to Rs 933.69 Crore

May 24, 2024 14:21

Ashok Leyland reported a 16.73% increase in Q4 net profit to Rs 933.69 crore, driven by strong performance across business verticals. Revenue also rose, with the company optimistic about industry...

Sundram Fasteners Q4 Profit Soars to Rs 134.41 Crore

May 24, 2024 09:46

Sundram Fasteners Ltd reported its highest ever consolidated net profit for the March 2024 quarter at Rs 134.41 crore, driven by strong operational performance.

Honasa Consumer Q4 Profit Rises to Rs 30.47 Cr, Sales Up 21.5% - PTI

May 23, 2024 17:53

Honasa Consumer, owner of Mamaearth and The Derma Co, reported a Q4 profit of Rs 30.47 crore, driven by a 21.5% increase in sales to Rs 471 crore. Read more.

Grasim Q4 Profit Rises 15.5% to Rs 2,721.8 Cr - Business Standard

May 23, 2024 10:45

Grasim Industries Ltd, the flagship of Aditya Birla Group, reported a 15.54% jump in consolidated net profit for the March quarter, driven by strong performance in cement and financial services.

OYO Eyes USD 4 Billion Valuation in Equity Raise: Ritesh Agarwal

May 22, 2024 15:10

OYO, backed by SoftBank, is reportedly in talks with private investors for an equity raise at a valuation of up to USD 4 billion. The travel tech platform also reported a maiden net profit and...

DB Corp Q4 Profit Soars 198% to Rs 122.52 Cr | Revenue Up 16%

May 22, 2024 14:50

DB Corp reports a nearly three-fold jump in Q4 net profit to Rs 122.52 crore, driven by strong growth across verticals. Revenue increased 16.2% to Rs 617 crore. Learn more.

Dollar Industries Q4 Profit Soars to Rs 33 Crore

May 21, 2024 19:20

Dollar Industries Ltd. reported a surge in net profit to Rs 33 crore in Q4 FY24, driven by higher margins. Total income grew 23% to Rs 502 crore.

Arvind Fashions Q4 Profit Rises 39%, Revenue Up 3.6% - Business News

May 21, 2024 18:57

Arvind Fashions reported a 39.09% increase in consolidated net profit to Rs 39.67 crore for the March quarter, with revenue up 3.66% to Rs 1,093.85 crore. Read more.

Chemplast Sanmar: Custom Chemicals Expansion on Track

May 21, 2024 14:42

Chemplast Sanmar's Custom Manufactured Chemicals (CMC) division is on track for phase II expansion despite industry challenges. The company expects completion by Q1-FY25 and sees a positive impact...

Airtel Africa EBITDA to Contract, Earnings to Slow: S&P Global

May 20, 2024 19:04

S&P Global forecasts a 20% decline in Bharti Airtel's Africa EBITDA, impacting overall earnings growth. However, Indian operations remain strong with rising ARPU and subscriber base.

Data Patterns (India) Ltd Q4 Profit Jumps 40% to Rs 71.4 cr

May 19, 2024 18:16

Data Patterns (India) Ltd has reported a 40% rise in its profit after tax for the quarter ending March 31, 2024, reaching Rs 71.4 crore. The company also secured over Rs 670 crore worth of orders...

Vinsys IT Services Profit Surges 53% in FY24

May 16, 2024 17:12

Vinsys IT Services reported a 53% rise in net profit to Rs 22.92 crore in FY24, driven by strong growth in domestic and overseas markets. Revenue also increased by 79.75%.

Jindal Steel Q4 Profit Doubles to Rs 933 Cr

May 13, 2024 18:44

Jindal Steel and Power (JSP) reported a significant increase in its Q4 PAT, reaching Rs 933 crore, driven by reduced expenses and increased steel production.

UPL Profit Plunges 95% in Q4, Revenue Drops 15%

May 13, 2024 17:45

UPL Ltd reported a 95% decline in net profit to Rs 40 crore in Q4 FY24, with revenue falling 15% to Rs 14,078 crore. The company attributed the drop to lower prices in the post-patent market.

Yara Signs Long-Term Ammonia Deal with AM Green

May 13, 2024 17:06

Yara Clean Ammonia, the world's largest ammonia trader, has signed a long-term deal with AM Green to source renewable ammonia from its Kakinada facility in India.

Waaree Renewable Technologies Q4 PAT Soars to Rs 54 cr - PTI

May 11, 2024 16:27

Waaree Renewable Technologies Q4 PAT jumps to Rs 54.18 crore on higher revenues. Total revenue rose to Rs 273.25 crore from Rs 61.49 crore. The company also declared a dividend of Re 1 per share.

Finolex Industries Q4 Profit Up 2% to Rs 161 cr

May 11, 2024 15:56

Finolex Industries Q4 PAT rises 2% to Rs 161.43 crore on higher revenues. The company's total income from operations also increased by 8.27%.

Quess Corp Q4 Profit Rises to Rs 98 cr - Business News

May 10, 2024 18:06

Quess Corp's profit after tax (PAT) surged to Rs 98 crore in Q4 FY23, driven by strong revenue growth and operational efficiencies. Learn more about the company's performance and future plans.

Servotech Power Systems Q4 Profit Down 43%

May 10, 2024 14:30

Servotech Power Systems reported a 43% fall in Q4 net profit to Rs 3.45 crore, driven by higher expenses. Revenue increased to Rs 136.65 crore, while total expenses rose to Rs 132 crore.

BPCL Shares Surge 5% on Record Profit & Bonus Issue

May 10, 2024 10:56

BPCL shares rallied 5% on the BSE and NSE after the company reported a record net profit of Rs 26,858.84 crore for FY24 and announced a 1:1 bonus share issue.

BPCL Q4 Profit Down, FY24 Record High - Bonus Issue

May 9, 2024 19:11

BPCL's Q4 net profit fell 30%, but FY24 saw a record profit of Rs 26,858 cr. The company also announced a 1:1 bonus share issue. Read more.

Rane (Madras) Reports Q4 Loss, Sales Decline - PTI

May 9, 2024 15:56

Rane (Madras) Ltd reported a consolidated net loss of Rs 9.4 crore for Q4 FY24 due to a drop in sales volume, particularly in commercial vehicles and tractors. Total revenue declined to Rs 519.3...

Kalpataru Projects Q4 Profit Up 21% to Rs 169 Cr, Declares 400% Dividend

May 8, 2024 18:40

Kalpataru Projects International reported a 21% rise in Q4 net profit to Rs 169 crore, driven by higher revenues. The company also declared a 400% dividend for FY24.

Tata Power Q4 Net Profit Up 11%, Declares 200% Dividend

May 8, 2024 16:52

Tata Power reported a consolidated net profit of Rs 1,046 crore in Q4 FY24, up 11% YoY, driven by higher revenues. The company also declared a 200% dividend.

Westlife Foodworld Q4 Profit Down 96.2%, McDonald's Restaurants

May 8, 2024 16:37

Westlife Foodworld, owner of McDonald's restaurants in West and South India, reported a 96.2% decline in Q4 profit to Rs 76.35 lakh due to higher expenses. Total income rose to Rs 567.47 crore.

Kamdhenu Ventures Reports Rs 4 Cr Profit in Q4

May 8, 2024 13:42

Kamdhenu Ventures, a Kamdhenu Group company, has reported a profit after tax (PAT) of Rs 4.2 crore in the March quarter, driven by higher revenues. The company's revenue from operations increased...

Bigbloc Construction Profit Soars 55% in Q4, Shares Jump 3%

May 7, 2024 17:59

Bigbloc Construction, India's largest AAC manufacturer, reported a 55% jump in Q4 FY24 profit on strong sales. Revenue surged 46% to Rs 67.95 crore. Shares gained 3% following Shankar Sharma's...

Rane Engine Valve Q4 PAT Flat at Rs 4.7 cr - Business News

May 7, 2024 15:31

Rane Engine Valve Ltd reported a profit after tax of Rs 4.7 crore for Q4 FY24, flat compared to last year. Revenue grew to Rs 151.2 crore, driven by strong sales to OEMs.

Square Yards Revenue Up 49% to Rs 1,004 Cr - India Biz Drives Growth

May 6, 2024 17:17

Square Yards, a housing and home loan brokerage firm, reported a 49% revenue increase to Rs 1,004.45 crore in FY24, with its India business contributing 79% of the total. The company also achieved...

Go Fashion to Open 120-150 New Stores in FY25

May 5, 2024 10:28

Go Fashion (India) Ltd, owner of 'Go Colors', plans to add 120-150 new stores in FY25. The company reported a profit after tax of Rs 13.1 crore for the January-March 2024 quarter.

D-Mart Q4 Net Profit Up 22.39% to Rs 563 Cr

May 4, 2024 19:19

Avenue Supermarts, owner of D-Mart, reported a 22.39% increase in net profit for Q4 FY24, reaching Rs 563 crore. Revenue also grew significantly, driven by strong performance in general merchandise...

Ramkrishna Forgings Q4 Net Profit Jumps 31% to Rs 87 cr

May 2, 2024 17:50

Ramkrishna Forgings Q4 net profit surged 31% to Rs 87.30 crore in Q4 FY24, driven by strong performance across segments and geographies. The company also bagged a Rs 270 crore order for the Vande...

Adani Enterprises Q4 Profit Down 37%, Incubating Businesses Strong

May 2, 2024 16:38

Adani Enterprises reports 37% decline in Q4 net profit due to one-time expenses and mining losses, but incubating businesses like new energy and airports show strong growth.

Adani Ports Q4 Profit Soars 77% to Rs 2,014.77 Crore

May 2, 2024 15:03

Adani Ports and Special Economic Zone Limited (APSEZ) reported a 76.87% jump in consolidated net profit to Rs 2,014.77 crore for the fourth quarter ended March 2024.

ArcelorMittal Q1 Net Income Down 10%, Output at 14.4 MT

May 2, 2024 13:53

ArcelorMittal reported a 10% drop in net income to USD 900 million in Q1 2024, with crude steel production at 14.4 MT. The company's net debt decreased despite strategic investments.

Adani Total Gas Q4 Net Profit Up 59% | CNG Sales Surge

April 30, 2024 18:37

Adani Total Gas Ltd reported a 59% rise in Q4 net profit driven by strong CNG sales growth. Revenue also increased, with CNG sales up 20% and PNG sales up 15%.

The Executive Centre India Revenue Up 31% in 2023

April 30, 2024 09:43

The Executive Centre (TEC) saw a 31% revenue increase in India, reaching Rs 475 crore in 2023. Driven by expansion and rising demand for flexible workspaces, TEC's India business grew significantly.

Himadri Speciality Invests Rs 220cr to Expand Carbon Black Capacity

April 28, 2024 20:08

Himadri Speciality Chemical Ltd to invest Rs 220 crore in West Bengal to expand its speciality carbon black capacity, driven by rising demand from Europe and a ban on Russian imports. The expansion...

Vedanta to Benefit from Rising Commodity Prices: Analysts

April 28, 2024 14:36

Vedanta Ltd. is expected to benefit from rising commodity prices, with analysts highlighting strong cash flows and a demerger strategy. The company is well-positioned for growth in aluminum, power,...

Usha Martin Q4 PAT Rises 1% to Rs 106 cr - Business News

April 26, 2024 22:12

Usha Martin's consolidated profit after tax (PAT) rose marginally to Rs 106.33 crore in the March quarter of FY24, despite macro-economic challenges.

Patanjali Foods to Buy Patanjali Ayurved's Non-Food Business

April 26, 2024 20:50

Patanjali Foods will evaluate a proposal to acquire the non-food business of Patanjali Ayurved, including dental care, home care, and personal care products. The move could significantly boost...

Patanjali Foods to Acquire Patanjali Ayurved's Non-Food Business

April 26, 2024 20:03

Patanjali Foods Ltd is evaluating a proposal to acquire the non-food business of Patanjali Ayurved, which could expand its product portfolio and boost revenue.

Apollo HealthCo Raises Rs 2,475 Cr from Advent International

April 26, 2024 20:02

Apollo HealthCo Ltd, a subsidiary of Apollo Hospitals Enterprise Ltd, will raise Rs 2,475 crore from Advent International. The deal will see the integration of Keimed Pvt Ltd, Apollo...

Reliance Gets Thumbs-Up from S&P, Fitch: Strong Earnings Keep Leverage in Check

April 26, 2024 13:40

Reliance Industries Ltd has received positive ratings from S&P and Fitch due to robust earnings and controlled leverage, fueled by growth in telecom, retail, and oil & gas segments.

Vedanta Q4 Profit Dips 27% on Impairment

April 25, 2024 20:07

Vedanta Ltd's Q4 net profit declined by 27.2% due to impairment charges on Tuticorin asset. Revenue dropped to Rs 36,093 crore.

Vedanta Q4 Profit Drops 27% on Impairment Charge

April 25, 2024 19:04

Vedanta Ltd reported a 27.2% decline in Q4 net profit to Rs 1,369 crore, impacted by a one-time impairment charge on its Tuticorin asset. Revenue also decreased.

Dalmia Bharat Q4 Net Profit Down 47% to Rs 320 cr

April 24, 2024 20:26

Dalmia Bharat's Q4 net profit declined by 47.5% to Rs 320 crore, impacted by falling cement prices. However, revenue rose 10% to Rs 4,307 crore. Read more.

HUL Q4 Profit Dips 1.53%, Net Sales Flat - PTI

April 24, 2024 19:10

Hindustan Unilever (HUL) reported a 1.53% decline in Q4 profit to Rs 2,561 crore, with net sales flat at Rs 15,013 crore. The dip was attributed to deflation and softening commodity prices.

HUL Q4 Profit Dips 1.53%, Net Sales Flat | Hindustan Unilever Results

April 24, 2024 18:15

Hindustan Unilever (HUL) reported a 1.53% decline in Q4 FY24 profit due to deflation, while net sales remained flat. The company's home care segment grew, but beauty and personal care declined.

Reliance Retail Revenue Surges 18% to Rs 3 Lakh Crore in FY24

April 22, 2024 22:01

Reliance Retail's revenue crossed Rs 3 lakh crore in FY24, driven by strong performance in consumer electronics, fashion, and grocery. The company added 796 stores and saw significant footfall growth.

Jio Platforms Q4 Profit Zooms 12% to Rs 5,583 Cr

April 22, 2024 20:26

Jio Platforms reports 12% YoY rise in Q4 net profit to Rs 5,583 crore, driven by subscriber additions and 5G adoption. ARPU remains flat sequentially.

Reliance Industries Profit Flat, Annual Earnings Hit Record

April 22, 2024 19:59

Reliance Industries reports flat Q4 profit, but annual earnings reach a record high driven by oil ''petrochemicals and strong consumer businesses. Jio and retail also see growth.

Vedanta Shares Surge on Growth Roadmap, Biggest Monthly Gain in 10 Years

April 18, 2024 20:54

Vedanta shares hit a 52-week high as Chairman Anil Agarwal outlines a transformative growth plan for FY25, including deleveraging and expansion. The company's demerger plans and strong commodity...

Vedanta FY25: Transformative Year with USD 3 Billion Deleveraging

April 17, 2024 15:49

Vedanta Chairman Anil Agarwal outlines ambitious plans for FY25, including USD 3 billion deleveraging, USD 7.5 billion EBITDA target, and growth across various businesses.

BharatPe Appoints Nalin Negi as CEO - Fintech News

April 16, 2024 11:25

BharatPe elevates Nalin Negi as CEO, who will focus on sustained profitability, scaling lending businesses, and launching new merchant-centric products. The company also announced a search for a...

BlackRock & ADIA Boost Vedanta Stake: Demerger & Metal Prices Drive Growth

April 7, 2024 14:03

BlackRock, ADIA, and domestic funds have increased their holdings in Vedanta due to demerger plans, deleveraging, and soaring metal prices. The company is expected to see strong EBITDA growth in...

Livspace India Becomes Cash Flow Positive | Robust Growth

April 6, 2024 11:21

Livspace, a home renovation platform, has achieved cash flow positivity in India on the back of strong revenue growth. The company expects to grow its revenue by 30% in FY24. Learn more about...

Livspace India Business Turns Cash Flow Positive

April 5, 2024 20:08

Livspace, a home renovation platform, reports positive cash flow in India for the past two quarters, fueled by revenue growth. The company plans to expand to 100-150 cities in the next 18 months.

GCPL Reports Subdued Indian Operations in Q4 FY24

April 5, 2024 20:08

Godrej Consumer Products Ltd (GCPL) reports subdued operating conditions in India for Q4 FY24, despite strong underlying volume growth across home and personal care.

ZEEL Chairman: Merger Impacted Operations, Revival Plan In Place - PTI

March 4, 2024 22:21

ZEEL Chairman R Gopalan says intense merger-related activities impacted operations. Company now focusing on revival plan to boost growth and profitability. #ZEEL #Merger #Business

Adani Group EBITDA Soars 34% to Rs 79k cr in 2023

February 29, 2024 19:48

Adani Group's EBITDA surged to Rs 79,000 crore in 2023, driven by strong performance in core infrastructure businesses. Learn more about the group's financial highlights and key growth drivers.

Vedanta Group Targets $6bn EBITDA in FY25

February 28, 2024 20:49

Vedanta Group aims for $6 billion EBITDA in FY25, driven by cost optimization, price increases, and volume growth. The company also announced demerger plans to unlock value.

Khadim India to Demerge Distribution Biz by Sept, Margin to Improve

February 26, 2024 20:20

Khadim India plans to complete the demerger of its distribution business by September 2023, expecting its margins to expand by 100-200 basis points by FY'26. The move aims to unlock value for its...

Magadh Sugar Q3 Profit Surges 77.3%: Details

February 21, 2024 17:39

Magadh Sugar & Energy reported a 77.3% rise in net profit to Rs 39 crore in Q3 FY23, driven by increased sugar cane prices and ethanol procurement targets. Learn more.

ReNew Q3 Net Loss Narrows to Rs 321.6 cr

February 20, 2024 18:46

ReNew Power's net loss narrowed to Rs 321.6 crore in Q3 FY24, while total revenue rose to Rs 1,929 crore. The company's EBITDA also increased to Rs 1,250.9 crore.

BigBloc Construction Expands Wada Plant, Targets Rs 200 Cr Revenue

February 20, 2024 15:31

BigBloc Construction is investing Rs 30 crore to expand its Wada plant in Maharashtra, aiming for a 2.5 lakh cubic meters per annum capacity increase and Rs 200 crore revenue.

Hospitality Industry Revenue Growth Forecast: 11-13% in FY25

February 19, 2024 15:55

The hospitality industry is expected to see strong revenue growth in FY25, driven by steady domestic demand and rising foreign tourism. Read more about the forecast and key industry trends.

HGS Q3 Profit Down 84%, Revenue Up 8% - PTI

February 14, 2024 21:41

Hinduja Global Solutions (HGS) reported an 84% decline in net profit for Q3, reaching Rs 8.2 crore, while revenue grew by 8%. Learn more about HGS's financial performance.

Capacit'e Infraprojects Q3 Profit Rises 6% to Rs 30 cr

February 14, 2024 19:52

Capacit'e Infraprojects reported a 6% increase in its consolidated net profit to Rs 30 crore in Q3 FY24, driven by higher income and revenue. The company's order book stood at Rs 9,670 crore as of...

Eureka Forbes Q3 Profit Triples to Rs 23 cr

February 14, 2024 13:00

Eureka Forbes reports a three-fold rise in Q3 FY24 profit to Rs 22.97 crore, driven by volume gains and improved margins. Revenue also increased significantly.

ZEEL Targets 8-10% Revenue Growth: Goenka

February 13, 2024 23:32

ZEEL aims for 8-10% CAGR revenue growth with a focus on frugality, optimisation, and quality content. The company expects digital business to grow at a much faster pace.

Hindalco Industries Q3 Net Profit Jumps 71% to Rs 2,331cr

February 13, 2024 17:59

Hindalco Industries reported a 71.1% surge in consolidated net profit to Rs 2,331 crore for Q3 FY24, driven by strong performance in aluminium and copper segments.

Arvind Fashions Q3 Profit Soars to Rs 51 cr | Sephora Sale Boosts Earnings

February 13, 2024 17:16

Arvind Fashions reported a multifold rise in Q3 profit, reaching Rs 51.08 crore, driven by gains from the sale of its Sephora business to Reliance Retail.

Allcargo Logistics Q3 PAT Drops 88% to Rs 17 cr

February 13, 2024 16:30

Allcargo Logistics reported an 88% decline in consolidated PAT to Rs 17 crore in Q3 FY24, with revenue falling 22% to Rs 3,212 crore. The company attributed the decline to losses in select markets...

BLS International Services Profit Surges 90% in Q3

February 12, 2024 20:58

BLS International Services, a visa service provider, reported a 90% jump in net profit for the quarter ending December 2023, driven by improved business mix and increasing visa applications.

Company Name
Price
Volume

Vodafone Idea L
13.35 ( -11.53)
166225069

Rama Steel Tubes
16.68 (+ 20.00)
60645501

Rajnish Wellness
3.69 (+ 1.10)
41851679

GTL Infrastructure
2.46 ( -3.53)
31494599

ARC Finance
1.63 ( 0.00)
30319737

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