Search result for 'financial performance'

TVS Supply Chain Appoints New Global CFO

March 27, 2025 15:03

TVS Supply Chain Solutions has named R Vaidhyanathan as its new Global CFO, effective April 1. Vaidhyanathan previously served as Deputy Global CFO and has a strong track record in financial...

CRA to Scrutinize Investment Service Returns

March 24, 2025 15:26

Sebi mandates credit rating agencies to verify risk-return metrics of investment advisers, research analysts, and algo trading providers. The move aims to ensure transparency and accuracy of...

Uber India Systems Narrows Losses in FY24

March 19, 2025 21:06

Uber India Systems reported a narrowed loss of Rs 89 crore in FY24, with revenue reaching Rs 3,860 crore, a 41% increase from the previous year.

FDI Company Sales Growth Moderates to 9.3% in FY24: RBI

March 11, 2025 20:00

RBI reports FDI companies in India saw a moderated sales growth of 9.3% in FY24, down from 20.3% in FY23. Manufacturing and services sectors also saw a slowdown in growth.

Danfoss India to be Top 3 Growth Region by 2028

March 11, 2025 19:59

Danfoss India is poised to be among the top 3 growth regions globally by 2028, driven by strong double-digit growth and continued investments in localization. The company is committed to...

Fitch Affirms Union Bank, PNB Ratings at BBB- with Stable Outlook

March 11, 2025 17:26

Fitch Ratings affirms Union Bank of India and Punjab National Bank ratings at 'BBB-' with stable outlook, citing government support, improved risk profile and asset quality.

NMDC Worker Unions Protest Despite Wage Talks

March 9, 2025 14:14

NMDC worker unions continue protesting despite ongoing wage revision talks, impacting production and potentially hurting the company's financial performance.

Veira Electronics Raises Rs 130 Crore from Bharat Value Fund

March 4, 2025 17:26

Veira Electronics, a contract smart TV manufacturer, has secured Rs 130 crore from Bharat Value Fund, marking the completion of its pre-IPO placement round. The investment aims to fuel the...

Oberoi Group Announces Two New Resorts in Rishikesh

March 3, 2025 13:54

Oberoi Group expands its portfolio with two new resorts in Rishikesh, a luxury Oberoi and a five-star Trident, set to open in 2029. Designed by Bill Bensley, the resorts promise a blend of luxury...

FinMin Defers PSU Bank Review Meeting to Mar 5

February 25, 2025 20:02

India's Finance Ministry has postponed a review meeting with heads of public sector banks to March 5th. The meeting will assess financial performance and financial inclusion schemes.

FinMin to Review PSB Performance on Mar 4

February 20, 2025 18:58

India's finance ministry will meet public sector bank heads on March 4 to review financial performance, including record profits and progress on financial inclusion schemes.

Reliance Ranks 2nd Globally on FutureBrand Index 2024

February 17, 2025 14:54

Reliance Industries has been ranked the second best brand globally on the FutureBrand Index 2024, ahead of Apple and Nike. The ranking highlights brands that continuously evolve strategies to...

Reliance Ranks 2nd on FutureBrand Index 2024: Outpaces Apple, Nike

February 17, 2025 14:54

Reliance Industries has been ranked the second best brand globally on the FutureBrand Index 2024, surpassing Apple and Nike. The ranking highlights brands that deliver on both purpose and experience.

Dr Agarwal's Health Care Clocks Q4 Profit at Rs 28.24 Cr

February 15, 2025 17:33

Dr Agarwal's Health Care Ltd reports consolidated profit after tax of Rs 28.24 crore for Q4 FY25, driven by revenue growth and increased surgeries.

Sebi Proposes Financial Disclosure for REITs, InvITs

February 14, 2025 21:51

Sebi proposes new regulations for REITs and InvITs, requiring financial disclosure in offer documents and continuous compliance post-listing. The changes aim to enhance investor protection and...

Vodafone Idea Q3 Loss Narrows to Rs 6,609.3 cr | ARPU Rises

February 11, 2025 20:06

Vodafone Idea reported a narrowed loss of Rs 6,609.3 crore for the December quarter, with revenue exceeding Rs 11,000 crore and ARPU rising to Rs 173. The company is investing heavily in 5G and...

Housing.com Parent REA India Revenue Up 46% in H1 FY25

February 10, 2025 15:57

REA India, parent company of Housing.com and PropTiger, reports 46% revenue growth to AU$64 million in H1 FY25. The company also expanded its presence to 20 Tier 2 cities.

Chemplast Sanmar Q3 Net Loss Narrows to Rs 49 Cr

February 8, 2025 15:09

Chemplast Sanmar Ltd. reported a net loss of Rs 49 crore for Q3 FY2024-25, a significant improvement from the previous year. Revenue from operations surged to Rs 1,058 crore, driven by better PVC...

Airtel Calls for Further Tariff Hike for Financial Stability

February 7, 2025 21:30

Bharti Airtel's MD Gopal Vittal says further tariff increases are needed for the telecom sector's financial stability. The company also announced plans to exit the wholesale voice and messaging...

SPIC Q3 Profit: Rs 54.59 cr, Focus on Cost Efficiency & Agri-Nutrients

February 7, 2025 17:38

Southern Petrochemical Industries Corporation (SPIC) reports a Q3 profit of Rs 54.59 crore, driven by cost efficiency and focus on agri-nutrient solutions. Read more.

Bharti Airtel Shares Surge 5% on Q3 Profit Jump

February 7, 2025 10:43

Bharti Airtel shares soared over 5% after the company reported a more than five-fold jump in net profit for the quarter ended December 31, 2024. The strong performance was driven by the...

Manali Petrochemicals Q3 PAT at Rs 5.27 cr Amid Challenges

February 6, 2025 21:28

Manali Petrochemicals reported a consolidated profit after tax of Rs 5.27 crore for Q3 FY25 despite macroeconomic challenges. The company's overseas subsidiaries contributed to profitability.

Bharti Airtel Q3 Profit Jumps 5-Fold to Rs 16,134 Crore

February 6, 2025 17:54

Bharti Airtel's consolidated net profit surged over five-fold to Rs 16,134 crore in Q3 FY25, driven by Indus Tower consolidation and tariff hikes. Revenue rose 19% YoY to Rs 45,129 crore.

Redington Ltd Q3 Profit Rises to Rs 402.96 Cr

February 6, 2025 12:03

Redington Ltd, a technology solutions provider, reported a consolidated profit after tax of Rs 402.96 crore for the quarter ending December 31, 2024, driven by strong execution across business...

Data Patterns Q3 Profit: Rs 44.66 cr | Defence Electronics

February 6, 2025 11:37

Data Patterns (India) Ltd reported a profit after tax of Rs 44.66 crore for Q3 FY24-25. Revenue was impacted by order delays. The company maintains a healthy order book.

Swiggy Q3 Loss Widens to Rs 799 Cr: Instamart Growth, Food Delivery Margin Expansion

February 5, 2025 17:10

Swiggy's Q3 loss widened to Rs 799 cr despite strong growth in Instamart and food delivery margins. Learn about the company's performance, investments, and future outlook.

Tamilnadu Petro Q3 Profit Surges to Rs 10.31 cr

February 5, 2025 15:22

Tamilnadu Petroproducts Ltd reported a standalone profit after tax of Rs 10.31 crore for Q3 FY25, driven by efficient cost management and improved realisations.

Infibeam Avenues Q3 Profit Surges 49% on Festive Boom

February 4, 2025 19:07

Infibeam Avenues' net profit jumped 49% in Q3 FY25, driven by festive season spending and rising POS payments adoption. Revenue grew 18% to Rs 1,070 crore.

Ujjivan Small Finance Bank Applies for Universal Banking License

February 4, 2025 17:53

Ujjivan Small Finance Bank has applied to the RBI for a universal banking license, aiming to expand its offerings and serve a wider customer base.

GHCL Q3 Profit Surges 68% to Rs 168 Crore

January 31, 2025 21:34

GHCL Ltd reported a 68% jump in net profit to Rs 168 crore in Q3 FY25, driven by lower operating expenses. The company's revenue was Rs 807 crore, and EBIDTA grew 57% YoY.

Apple iPhone Tops India Smartphone Sales in Q4: Tim Cook

January 31, 2025 21:22

Apple CEO Tim Cook highlights India's strong growth potential, with iPhone becoming the top-selling smartphone model in the December quarter. Apple plans to expand its presence in the country.

Bansal Wire Industries Q3 PAT Up 100%, Revenue Soars - PTI

January 31, 2025 19:20

Bansal Wire Industries reported a 100% increase in Q3 PAT to Rs 41.6 crore, driven by strong revenue growth. Read about the company's performance, outlook and plans for expansion.

L''T Profit Surges 14% to Rs 3,359 Cr in Q3

January 30, 2025 20:48

Larsen ''Toubro (L''T) reported a 14% rise in profit to Rs 3,359 crore for the December quarter, driven by higher revenue and record order inflow. The company's order book is at a record high.

Shakti Pumps Profit Soars 200% in Dec Quarter

January 30, 2025 18:49

Shakti Pumps reports a massive jump in profit to Rs 104 crore in the December quarter, driven by strong revenue growth and operational efficiencies. The company also highlights significant order...

L''T Q3 Profit Rises 14% to Rs 3,359 cr - Business News

January 30, 2025 17:41

Larsen ''Toubro (L''T) reported a 14% rise in consolidated profit after tax (PAT) at Rs 3,359 crore for the December quarter, driven by higher revenue.

CARE Ratings Upgrades Meja Urja's Rating to A+

January 29, 2025 16:37

CARE Ratings has upgraded state-owned Meja Urja Nigam Private Ltd's (MUNPL) credit rating to A+ with a stable outlook, reflecting strong operational and financial performance.

Ambuja Cements Q3 Profit Surges to Rs 2,620 cr

January 29, 2025 14:40

Ambuja Cements reports a consolidated net profit of Rs 2,620.09 crore for Q3 FY25, driven by strong sales volume and acquisitions. Learn more about the company's performance and future plans.

Suzlon Energy Q3 Profit Soars 91% to Rs 388 Cr

January 28, 2025 16:19

Suzlon Energy reports a 91% jump in Q3 profit to Rs 388 crore, driven by higher revenue and record deliveries. The company also achieved record quarterly deliveries of 447 MW and boasts the...

Wheels India Sees Domestic CV Wheel Demand Growth in Q4 2025

January 28, 2025 10:53

Wheels India expects domestic demand in the commercial vehicle (CV) wheel segment to improve in Q4 2025, driven by favorable market conditions. The company also anticipates growth in exports...

Indus Towers Q3 Profit Soars 160% to Rs 4,003 Cr

January 23, 2025 22:09

Indus Towers reports a 160% jump in Q3 profit to Rs 4,003 crore driven by strong tower additions, colocation growth, and significant overdue collections.

MakeMyTrip Q3 Profit Up 12% to USD 27 Million

January 23, 2025 18:09

MakeMyTrip reports a 12% increase in net profit to USD 27.1 million in Q3 FY25, driven by higher gross bookings. Revenue grew by 26.2% YoY to USD 267.4 million.

Top IT Services Brands: TCS, Infosys Shine

January 21, 2025 17:18

Indian tech giants like TCS, Infosys, and HCLTech dominate Brand Finance's top IT services brands list, showcasing India's global tech leadership.

CARE Upgrades Inox Wind Banking Facilities Ratings

January 13, 2025 10:48

CARE Ratings upgrades Inox Wind's banking facilities ratings to 'CARE A1+' for short-term and 'CARE A+/Stable' for long-term, reflecting strong financials and business growth.

Indian Markets: Q3 Earnings, Inflation, FII Activity Key

January 12, 2025 10:53

Analysts predict volatile week for Indian markets, driven by Q3 earnings, inflation data, FII trading, crude oil, and US dollar trends.

Adani Enterprises Revenue to Surge by FY27: Brokerage

December 29, 2024 13:18

Adani Enterprises' revenue is projected to reach Rs 1.5 lakh crore by FY27, driven by growth in airports, solar/wind, and copper. The company's net earnings are expected to rise by 46%.

Women Hold Just 10% Key Management Roles in India: Report

December 19, 2024 18:17

A new report reveals that women hold only 10% of key managerial positions in Indian companies, highlighting a significant gender gap in leadership. The report also sheds light on pay disparities...

IGL Announces 1:1 Bonus Share Issue - Boost for Shareholders

December 10, 2024 15:26

Indraprastha Gas Ltd (IGL) declares a 1:1 bonus share issue, aiming to increase retail investor participation and reward shareholders. The company cites strong financial performance and growth...

NHAI to Raise Rs 1,000 Crore via Green Bonds

December 5, 2024 17:28

NHAI's DME Development Ltd will raise Rs 1,000 crore through green bonds to implement climate-friendly measures on the Delhi-Mumbai Expressway project. The funds will be used for avenue plantation,...

Meja Urja Nigam Declares Rs 350 Cr Dividend for FY25

December 4, 2024 16:09

Meja Urja Nigam (MUNPL) has announced its first interim dividend of Rs 350 crore for FY25, to be paid to promoters NTPC Ltd and UPRVUNL. The dividend reflects MUNPL's strong financial performance...

MapmyIndia Shelves B2C Venture After Investor Concerns

December 3, 2024 20:17

MapmyIndia has shelved its plan to invest Rs 35 crore in a B2C venture after concerns from minority shareholders. The new venture, led by CEO Rohan Verma, will not take MapmyIndia's investment but...

Gopalpur Port Rating Upgraded After Adani Acquisition

December 2, 2024 14:23

Gopalpur Port's rating has been upgraded six notches to AA/Stable after Adani Ports and SEZ acquired it, reflecting strong parentage and operational efficiency improvements.

Udyam Portal for MSME Creditworthiness: RBI Advice

November 25, 2024 19:30

RBI Deputy Governor advises MSMEs to register on the Udyam Portal to enhance their creditworthiness and access formal finance. Learn about key steps for financial health.

E.I.D. Parry Q2 PAT at Rs 591.66 cr - Business News

November 15, 2024 16:42

E.I.D. Parry India Ltd reported a consolidated profit after tax of Rs 591.66 crore for the July-September 2024 quarter, a decline from the previous year. Read more.

SPIC Ltd Q2 FY25 Profit: Rs 48.39 cr - Business News

November 14, 2024 17:25

SPIC Ltd reports a profit before tax of Rs 48.39 crore in Q2 FY25, a decline from the previous year. The company highlights steady growth and operational strength despite economic challenges.

CBI Clears ICICI Bank Officials in NDTV Loan Case

November 13, 2024 18:32

CBI concludes no criminal conspiracy by ICICI Bank officials in accepting repayment of NDTV loan at reduced interest rates. The agency found the loan repayment was a normal business transaction.

TVS Supply Chain Q2 Profit: Rs 10.6 Crore

November 12, 2024 17:58

TVS Supply Chain Solutions reports a consolidated profit after tax of Rs 10.6 crore for Q2 FY25, driven by growth momentum and new business wins. Learn more about their financial performance and...

Data Patterns Q2 PAT at Rs 30.28 Crore | Defence & Aerospace News

November 10, 2024 17:19

Data Patterns (India) Ltd reported a profit after tax of Rs 30.28 crore for Q2 FY24-25, despite revenue decline. Chairman highlights focus on operational efficiency and favourable product mix.

LatentView Analytics Q2 Profit Jumps to Rs 40.7 Cr

November 10, 2024 16:04

LatentView Analytics reports consolidated profit of Rs 40.7 crore for Q2 FY25, driven by revenue growth and the acquisition of Decision Point Analytics.

Singapore Airlines Invests Rs 3,195 cr in Air India Post-Vistara Merger

November 10, 2024 13:35

Singapore Airlines to invest Rs 3,195 cr in Air India after Vistara merger, taking its stake to 25.1%. The deal will be completed in November 2024.

Vedanta Resources Cuts Debt by USD 4.7 Billion: Anil Agarwal

November 10, 2024 12:57

Vedanta Resources, parent firm of Vedanta Ltd, has reduced its debt by USD 4.7 billion in two years, driven by financial discipline and record EBITDA. Chairman Anil Agarwal outlines plans for...

Sebi Expands Scope of Unpublished Price-Sensitive Info

November 10, 2024 11:43

SEBI proposes broadening the scope of Unpublished Price Sensitive Information (UPSI) to include fundraising activities, restructuring plans, and one-time bank settlements.

Haryana & Chandigarh Power Sector Review: Smart Meters & RDSS Implementation

November 8, 2024 20:12

Union Power Minister Manohar Lal reviews the power sector scenario of Haryana and Chandigarh, emphasizing the adoption of smart pre-paid meters and the implementation of RDSS.

Pritika Engineering Q2 Profit Surges 78% to Rs 1.64 cr

November 8, 2024 17:21

Pritika Engineering Components reported a 78.20% YoY rise in net profit to Rs 1.64 crore in Q2 FY25, driven by higher revenue. The company's revenue increased by 40.59% to Rs 32.03 crore.

Ashok Leyland Q2 Profit Rises to Rs 766.55 Crore

November 8, 2024 13:51

Ashok Leyland reports a consolidated profit of Rs 766.55 crore for the July-September 2024 quarter, driven by strong performance in the medium and heavy commercial vehicle segment. The company...

Pricol Ltd Q2 Profit: Rs 45.07 cr - Growth Continues

November 7, 2024 16:17

Pricol Ltd reported a consolidated profit of Rs 45.07 crore for Q2 FY25, reflecting continued growth despite industry challenges. The company attributes this to strategic initiatives and...

Chemplast Sanmar Reports Q2 Net Loss of Rs 31 Cr - PTI

November 6, 2024 12:41

Chemplast Sanmar Ltd reported a net loss of Rs 31 crore in Q2 FY25 due to 'multiple headwinds', including volatile PVC prices. The company's revenue marginally increased to Rs 993 crore.

FinMin Urges Banks: Cybersecurity, MSME & Agri Lending

November 5, 2024 21:18

India's finance ministry calls on public sector banks to prioritize cybersecurity, accelerate lending to agriculture and MSMEs, and enhance financial inclusion.

Shriram General Insurance to Re-enter Crop Insurance

November 5, 2024 20:22

Shriram General Insurance plans to re-enter the crop insurance market as part of its diversification strategy, aiming to increase its non-motor business contribution. The company also reported...

Aptus Value Housing Reports Q2 Profit of Rs 181.96 Cr

November 5, 2024 17:04

Aptus Value Housing Finance India Ltd reported a profit of Rs 181.96 crore in Q2 FY25, driven by business growth and stable asset quality. The company's profit grew by 22% year-on-year.

Sundaram Finance Q2 PAT at Rs 340.09 cr - Business News

November 5, 2024 15:41

Sundaram Finance reported a Q2 PAT of Rs 340.09 crore, down from last year's Rs 366.38 crore. Assets under management grew by 20%.

Rakesh Gangwal Named Southwest Airlines Chairman

November 5, 2024 15:01

IndiGo co-founder Rakesh Gangwal appointed as Chairman of Southwest Airlines. He joined the board in July and recently acquired shares worth USD 108 million.

Karur Vysya Bank Expands Retail Presence in TN & Karnataka

November 1, 2024 18:52

Karur Vysya Bank strengthens its retail footprint in Tamil Nadu and Karnataka with the inauguration of four new branches, taking its total network to 848. Read more about the bank's expansion and...

L&T Shares Surge 6% on Strong Earnings

October 31, 2024 17:43

Larsen &T shares soared over 6% after the company reported a 5% rise in consolidated profit for the September quarter, boosting its market valuation by Rs 29,878.64 crore.

L&T Shares Surge Over 6.50% After Strong Earnings

October 31, 2024 10:45

Larsen & Toubro (L&T) shares soared over 6.50% on the BSE and NSE after reporting a 5% rise in consolidated profit for the September 2024 quarter. The company's strong financial performance and...

Redington Q2 Profit: Rs 282.88 Cr | Tech Solutions Provider | Business News

October 30, 2024 19:28

Redington Ltd reports consolidated profits of Rs 282.88 crore for Q2 FY25, driven by strong performance across business units. Read more about the company's financial results and growth strategies.

L&T Profit Rises 5% to Rs 3,395 Cr in Q2 FY25

October 30, 2024 18:13

Larsen & Toubro (L&T) reported a 5% increase in consolidated profit after tax to Rs 3,395 crore in the September 2024 quarter, driven by higher income. The company's order book stands at over Rs 5...

Wheels India Targets Double Hydraulics Business in 2-3 Years

October 29, 2024 10:32

Wheels India, a leading manufacturer of wheels, expects to double its hydraulics business in the next 2-3 years driven by strong export opportunities. The company also reported a significant jump...

Ambuja Cements Q2 Profit at Rs 473 cr - Adani Group Firm

October 28, 2024 19:01

Ambuja Cements Ltd reported a consolidated net profit of Rs 472.89 crore for Q2 FY25, down from Rs 987.24 crore a year ago. Revenue from operations was at Rs 7,516.11 crore.

Veranda Learning Solutions Targets Rs 600 cr Revenue in FY25

October 28, 2024 18:12

Veranda Learning Solutions aims to achieve Rs 600 crore revenue in FY25, driven by acquisitions and partnerships with foreign educational institutes. The company has seen robust growth, including...

Petronet LNG Q2 Profit Rises 4% on Higher Capacity Utilization

October 24, 2024 18:29

Petronet LNG Ltd, India's largest LNG importer, reported a 4% rise in Q2 profit, driven by increased capacity utilization at its Dahej terminal. The company's net profit reached Rs 848 crore,...

Adani Total Gas Q2 Profit Up 6% to Rs 178 Cr

October 24, 2024 17:01

Adani Total Gas Ltd. reports a 6% rise in Q2 profit, driven by higher gas prices and increased CNG and PNG volumes. Revenue also saw a 12% increase.

Indus Towers Q2 Profit Soars 72% to Rs 2,224 Cr

October 22, 2024 20:44

Indus Towers reported a 72% surge in Q2 net profit to Rs 2,224 crore, driven by network expansion and improved collections. Revenue also grew 4.7% YoY.

India's Energy Demand to Skyrocket: IEA Outlook

October 16, 2024 16:34

India's energy demand will surge by 2035, with car additions exceeding 12,000 daily 'ACs consuming more power than Mexico. Learn about the IEA's projections for India's energy future.

Bank of Maharashtra Q2 Profit Surges 44% to Rs 1,327 Crore

October 15, 2024 15:52

Bank of Maharashtra (BoM) reported a 44% jump in its Q2 profit to Rs 1,327 crore, driven by strong interest income and improved asset quality. The lender's NIM also increased to 3.98%, the highest...

Oriental Hotels Poised for Double-Digit Growth in FY25

October 15, 2024 15:43

Oriental Hotels Ltd. expects a double-digit revenue growth in the second half of FY25, driven by strong demand and completed renovations. The company also announced its financial performance for...

Reliance Shares Dip After Q2 Earnings Miss

October 15, 2024 10:37

Reliance Industries shares fell over 1% after reporting a 5% decline in Q2 net profit. The company's oil refining and petrochemical business saw weak performance.

Jio Platforms Q2 Profit Soars 23.4% to Rs 6,539 Crore on Higher ARPU

October 14, 2024 19:39

Jio Platforms reported a strong Q2 FY25 performance, driven by a 23.4% increase in net profit to Rs 6,539 crore. The company's ARPU surged to Rs 195.1 per month, fueled by tariff hikes and a better...

RRBs to Boost Credit in Northeast India

September 30, 2024 22:33

Finance Minister directs Regional Rural Banks to increase credit disbursement under govt schemes and support agriculture, horticulture and allied activities in Northeast India.

NMDC Iron Ore Output Grows 10% in FY24

September 24, 2024 18:47

NMDC achieved record production and sales of iron ore in FY24, with output rising 10% to 45 million tonnes and sales up 16% to 44.48 million tonnes. The company's CMD highlighted the strong...

Air India Hires 9,000 Employees in 2 Years: Campbell Wilson

September 20, 2024 18:57

Air India has hired 9,000 employees in two years, including 5,000 crew members, to meet the workforce requirement for its expanding fleet and network, CEO Campbell Wilson said.

Pritika Group Targets Rs 950 Crore Sales in 3 Years

September 9, 2024 10:31

Pritika Group, an engineering and automotive components manufacturer, aims to achieve Rs 950 crore in sales over the next three years, driven by strong order book and rising demand.

CAG & Saudi Arabia Sign Pact to Strengthen Audit Cooperation

August 30, 2024 16:00

The Comptroller and Auditor General of India (CAG) has signed an MoU with the General Court of Audit of Saudi Arabia to enhance cooperation in public sector auditing, including joint training...

RRBs to Devise Products for MSME Clusters: FM

August 19, 2024 19:39

Finance Minister Nirmala Sitharaman urges Regional Rural Banks (RRBs) to create products tailored to MSME clusters, promoting financial inclusion and credit access to small and micro enterprises.

Finance Minister Urges PSBs to Boost Deposit Growth

August 19, 2024 17:12

India's Finance Minister Nirmala Sitharaman met with public sector banks to address concerns over deposit growth, urging them to improve deposit mobilization and introduce innovative products.

Ramky Infrastructure Q1 Profit Down 33% to Rs 71 cr

August 15, 2024 15:42

Ramky Infrastructure's Q1 FY24-25 profit declined 33% to Rs 71 crore, despite revenue growth. The company attributed the decline to seasonal headwinds.

Indian Investors Value Sustainability But Lack Trustworthy Data - Deloitte

August 15, 2024 09:48

Deloitte study reveals Indian investors prioritize sustainability but face challenges accessing reliable ESG data. Learn about the key hurdles and solutions for building trust in ESG investing.

EID Parry Q1 PAT at Rs 225.87 cr, Sugar Segment Loss Widens

August 14, 2024 18:57

EID Parry India Ltd reported a consolidated profit after tax of Rs 225.87 crore for Q1 FY25, but its sugar operations saw an operating loss of Rs 54 crore. Read more.

Ola Maps ''Gimmick'': MapmyIndia CEO Slams Ola''s Map Claims

August 11, 2024 18:13

MapmyIndia CEO Rohan Verma criticizes Ola''s claims about developing a navigational map of India, calling it a ''gimmick''. He also questions the quality of Ola Maps, saying it''s ''pathetic''.

VA Tech WABAG Q1 Profit at Rs 50.5 cr: Growth Continues

August 9, 2024 19:47

VA Tech WABAG reported consolidated profit after tax of Rs 50.5 crore for Q1 FY25, driven by international and O&M projects. Order book exceeds Rs 100 billion.

BSE Profit Surges 3x to Rs 265 cr in June Quarter - Business News

August 7, 2024 18:38

BSE reported a threefold jump in net profit to Rs 265 crore for the June 2024 quarter, driven by strong revenue growth and increased trading activity.

BCCL Pays First Dividend: Rs 44 Cr to CIL

August 4, 2024 18:08

Bharat Coking Coal Limited (BCCL) paid its inaugural dividend of Rs 44.43 crore to Coal India Limited (CIL), marking a significant milestone after clearing accumulated losses.

FinMin Urges State-Owned Insurers to Focus on Profitability

August 4, 2024 18:06

India's finance ministry has instructed state-owned general insurance companies to prioritize profitable business segments and improve profitability, aiming to reduce reliance on government capital...

Aptus Value Housing Q1 PAT Up 21% to Rs 171.74 cr

August 1, 2024 17:05

Aptus Value Housing Finance reported a consolidated profit after tax of Rs 171.74 crore in Q1 FY25, driven by business growth, stable asset quality, and higher productivity.

Redington Ltd Q1 Profit: Rs 155.67 cr | Tech News

August 1, 2024 16:02

Redington Ltd, a technology solutions provider, reported a standalone profit of Rs 155.67 crore for Q1 FY25, with strong growth in cloud and endpoint solutions. Read more.

Arvind Fashions Q1 Net Profit Up: Rs 13.92 Crore

August 1, 2024 14:43

Arvind Fashions Ltd reported a consolidated net profit of Rs 13.92 crore in Q1 FY24, driven by strong revenue growth, despite tough market conditions.

Star Health Q1 GWP Up 18% to Rs 3,476 cr - Business News

July 31, 2024 16:49

Star Health and Allied Insurance Company reports a strong 18% rise in Gross Written Premium for Q1 FY25, reaching Rs 3,476 crore. The company also saw growth in investments and underwriting profit.

Mahindra Q1 Profit Up 20% to Rs 3,283 Crore | Revenue at Rs 37,218 Crore

July 31, 2024 16:45

Mahindra & Mahindra reports a 20% rise in Q1 net profit to Rs 3,283 crore, driven by strong performance across businesses. Revenue climbs to Rs 37,218 crore.

TVS Supply Chain Solutions Q1 PAT at Rs 7.5 cr | Strong Growth

July 31, 2024 16:25

TVS Supply Chain Solutions reports consolidated Q1 PAT at Rs 7.5 crore, driven by topline growth in Integrated Supply Chain Solutions and Network Solutions. Read more.

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.

Sundaram Home Finance Expands Outside South India

July 30, 2024 14:08

Sundaram Home Finance is steadily increasing its presence outside South India, with a focus on tier 3 and 4 towns and a new 'Emerging Business' segment for affordable housing and small business loans.

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%.

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.

Chola MS General Insurance Q1 GWP at Rs 1,945 cr - 14.3% Growth

July 28, 2024 19:15

Cholamandalam MS General Insurance reports strong Q1 FY24 performance with a Gross Written Premium (GWP) of Rs 1,945 crore, a 14.3% growth over the previous year.

DLF-GIC JV DCCDL Office Rental Income Rises 11% to Rs 942 Cr

July 28, 2024 15:06

DLF Cyber City Developers Ltd (DCCDL), a joint venture between DLF and GIC, saw its office rental income rise 11% to Rs 942 crore in Q1 FY25 on strong demand for premium workspace.

LatentView Analytics Q1 Profit: Rs 38.92 cr | Business News

July 26, 2024 19:10

LatentView Analytics reports a net profit of Rs 38.92 crore for Q1 FY25, a 21.1% YoY growth. The company also completed the acquisition of Decision Point Analysis.

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.

Piramal Capital Ex-MD Settles Insider Trading Case with Sebi

July 25, 2024 22:01

Piramal Capital Housing Finance's former MD Khushru Jijina, his wife Benaifer, and Greatdeal Finconsult settled an insider trading case with Sebi by paying Rs 43.55 crore.

Havmor's Pune Factory: New Candy Range & Production Boost

July 25, 2024 17:00

Havmor Ice Cream, owned by Lotte Wellfood, announces its new Pune factory will be operational by November, adding 4 lakh liters per day production capacity and introducing a unique candy range.

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...

Karnataka Bank Reports Record Profit in Q1 FY25 | Business News

July 24, 2024 17:11

Karnataka Bank has announced a record profit of Rs 400.33 crore for the June 2024 quarter, marking a 7.99% rise year-on-year. The bank also witnessed strong growth in business turnover and deposits.

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...

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...

Karur Vysya Bank Q1 Net Profit Up 27.86% to Rs 458.65 cr

July 18, 2024 19:08

Karur Vysya Bank reported a net profit of Rs 458.65 crore for the April-June 2024 quarter, up 27.86% YoY. Total income from operations grew to Rs 2,672.88 crore.

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...

Strengthening Local Gov't for SDGs: CAG

July 18, 2024 13:16

Comptroller & Auditor General of India stresses the crucial role of local governments in achieving Sustainable Development Goals, fostering citizen engagement, and improving accountability.

International Centre for Audit of Local Governance Inauguration in Rajkot

July 17, 2024 14:28

Comptroller and Auditor General of India Girish Chandra Murmu will inaugurate the International Centre for Audit of Local Governance (iCAL) in Rajkot on Thursday, aiming to enhance audit capacity...

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...

SpiceJet Profit Soars 6-Fold in March Quarter

July 15, 2024 20:25

SpiceJet reported a six-fold jump in its standalone profit to Rs 119 crore for the January-March quarter of 2023-24, driven by operational efficiency. The airline also announced plans to raise...

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.

Bank of Maharashtra Pays Rs 857 Cr Dividend to Govt - Business News

June 21, 2024 19:05

Bank of Maharashtra (BoM) has paid a Rs 857 crore dividend to the government, reflecting strong financial performance in FY24. The bank's net profit increased by 55.84% to Rs 4,055 crore.

German auto component supplier ZF Group sells 7.5 pc stake in its Indian subsidiary

June 19, 2024 14:32

German auto component supplier ZF Group has sold a 7.5% stake in its Indian subsidiary ZF CVCS India to increase liquidity and financial flexibility for growth.

Suzlon Denies Financial Irregularities, Independent Director Resigns

June 10, 2024 11:16

Suzlon Energy has denied any financial irregularities or compliance violations, following the resignation of independent director Marc Desaedeleer, who cited corporate governance concerns.

Tata Motors Demerger: Focus on Global CV Opportunities

June 2, 2024 11:10

Tata Motors' proposed demerger of its automotive business aims to boost its commercial vehicle (CV) vertical, enabling it to seize global opportunities and improve agility.

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'.

Dvara KGFS Reports 230% Rise in FY'24 Net Profits

May 31, 2024 16:23

Dvara Kshetriya Gramin Financial Services (Dvara KGFS) announced a significant increase in net profit for FY'24, driven by strong loan portfolio growth and improved operational efficiency.

Shriram Life Insurance Expands to Tier 2 & 3 Towns

May 30, 2024 11:44

Shriram Life Insurance is expanding its reach to underserved areas in 15 states, focusing on customized solutions and partnerships with regional banks.

Solex Energy Q4 Profit Doubles to Rs 8 Crore - PTI

May 29, 2024 16:52

Solex Energy's Q4 profit more than doubled to Rs 8 crore on increased income, with total income surging to Rs 274.26 crore. The company plans to expand capacity to 4.5 GW and enter cell manufacturing.

Urban Enviro Waste Management: Profit Soars in FY24

May 28, 2024 18:51

Urban Enviro Waste Management reports a threefold jump in net profit for FY24, driven by higher revenues. The company's revenue surged to Rs 102.47 crore in FY24.

TVS Supply Chain Solutions Q4 PAT at Rs 5.38 cr - Business News

May 28, 2024 15:23

TVS Supply Chain Solutions reports a consolidated profit after tax of Rs 5.38 crore for Q4 FY24, driven by cost optimization and new customer additions. Read more.

E.I.D. Parry India Q4 PAT at Rs 294.30 cr | Business News

May 25, 2024 13:53

E.I.D. Parry India Ltd reports a consolidated profit after tax for Q4 FY24 at Rs 294.30 crore, a slight decline from last year. Read more about the company's financial performance and future plans.

Sundaram Finance Q4 Net Profit: Rs 386 cr

May 24, 2024 19:06

Sundaram Finance reported a net profit of Rs 386 crore for Q4 FY24, with total disbursements reaching Rs 26,163 crore. Read more about the company's financial performance and outlook.

Asian Granito India Q4 Loss Narrows | Business News

May 24, 2024 18:22

Asian Granito India (AGL) reported a narrowed net loss of Rs 5.46 crore in Q4 FY24, driven by improved operational efficiency and lower expenses.

Shriram General Insurance Q4 Profit: Rs 121 cr, GWP Up 34%

May 22, 2024 18:25

Shriram General Insurance reports Q4 net profit of Rs 121 crore with a 34% growth in Gross Written Premium. The company is expanding its branch network and aiming for 30% GWP growth in FY25.

VA Tech WABAG Q4 Profit: Rs 78.1 cr | Financial Results

May 21, 2024 19:02

VA Tech WABAG reports a consolidated profit of Rs 78.1 crore in Q4 FY24, a turnaround from last year's loss. Read more about the company's financial performance, revenue growth and strategic...

City Union Bank: Insurance Income to Grow Significantly

May 21, 2024 18:11

City Union Bank expects significant growth in insurance income this year, driven by new partnerships and a strong digital lending strategy. The bank also achieved record business and profit levels,...

Awfis IPO: Rs 600 cr-IPO to Hit Market on Wednesday

May 21, 2024 17:04

Coworking firm Awfis Space Solutions Ltd to launch its initial public offering (IPO) on Wednesday, raising Rs 599 crore. The IPO comprises fresh issue and an offer for sale (OFS).

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...

Wheels India Q4 Net Profit Rises 64.3% to Rs 36.8 cr

May 21, 2024 10:55

Wheels India reported a 64.3% rise in Q4 net profit to Rs 36.8 crore driven by strong exports. Revenue remained flat at Rs 1,167 crore. Read more.

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...

DLF Rental Income Rises 7% to Rs 3,460 Cr in FY24

May 19, 2024 13:55

DLF's joint venture firm DCCDL's rental income from office buildings increased 7% to Rs 3,460 crore in FY24, driven by rent appreciation and asset expansion.

Sundaram Home Finance Q4 Profit: Rs 57 cr, Disbursements Cross Rs 5,000 cr

May 18, 2024 11:35

Sundaram Home Finance reports a net profit of Rs 57 crore for Q4 FY24, with disbursements exceeding Rs 5,000 crore. The company witnessed strong growth in Tier II and III towns.

SPIC Ltd Reports Q4 Net Loss Due to Heavy Rainfall

May 17, 2024 15:19

SPIC Ltd reported a net loss of Rs 29.18 crore in Q4 FY24 due to heavy rainfall at its Tuticorin facility, impacting operations. The company's profit after tax for the year also declined.

Pricol Reports Q4 Profit at Rs 41.50 cr | Auto Component Manufacturer

May 16, 2024 16:25

Pricol Ltd announced a consolidated profit after tax of Rs 41.50 crore for the January-March 2024 quarter, marking a significant increase from the previous year. Read more about the company's...

Redington Ltd Q4 Profit Rises to Rs 160.57 Cr

May 16, 2024 15:46

Redington Ltd reported a standalone net profit of Rs 160.57 crore for the January-March 2024 quarter, driven by strong performance in India and Saudi Arabia. Read more.

Thomas Cook India Reports Record Q4 Profit of Rs 58.17 cr

May 15, 2024 21:46

Thomas Cook (India) Ltd. reported a consolidated net profit of Rs 58.17 crore for Q4 FY24, a significant turnaround from last year. The company also announced a dividend of 60 paisa per share.

MakeMyTrip Reports USD 171.9 mn Q4 Profit

May 15, 2024 17:12

MakeMyTrip Ltd posted a multi-fold jump in profit to USD 171.9 million in the March 2024 quarter, driven by tax credit gains and convertible notes value.

Tamilnadu Petroproducts Q4 PAT at Rs 10.96 cr

May 14, 2024 22:15

Tamilnadu Petroproducts Ltd reported a standalone profit after tax of Rs 10.96 crore for the January-March 2024 quarter, despite challenges from Cyclone Michaung. The company's total revenue for...

Varun Beverages Q1 Profit Up 25% to Rs 547.98 cr

May 13, 2024 13:29

Varun Beverages, a PepsiCo franchise partner, reported a 25% rise in Q1 PAT to Rs 547.98 crore. Revenue also grew, driven by strong operational performance and international contributions.

Indian Bank Creditworthiness: Loan Growth Key - Fitch

May 13, 2024 11:35

Fitch Ratings says Indian banks' risk appetite through loan growth will be key to their creditworthiness despite improved performance. Asset quality is improving, but concerns remain about...

FPIs Pull Out Rs 17,000 Cr from Indian Equities Amid Election Uncertainty

May 12, 2024 11:28

Foreign investors withdrew Rs 17,000 crore from Indian equities in May due to election uncertainty, expensive valuations, and profit booking. Learn about the impact on the market.

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.

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...

Aptus Housing Finance Q4 PAT Up 21% to Rs 164 Cr

May 3, 2024 17:29

Aptus Value Housing Finance reported a 21% increase in profit after tax for Q4 FY24, reaching Rs 164 crore. Total disbursements also saw a significant rise.

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 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%.

RHI Magnesita India Appoints Azim Syed as CFO - Business News

April 30, 2024 12:37

RHI Magnesita India has appointed Azim Syed as its Chief Financial Officer and Chief Investor Relations Officer, effective May 1, 2024. Syed brings extensive experience in global supply chains and...

RHI Magnesita India CFO Resigns, Azim Syed Appointed

April 29, 2024 18:49

Vijaya Gupta, CFO of RHI Magnesita India, has resigned effective May 13, 2024. Azim Syed has been appointed as the new CFO and CIRO, effective May 1.

NDTV Revenue Jumps 59%, Digital Traffic Up 39% | Q4 Results

April 26, 2024 21:24

NDTV reports a 59% surge in revenue for the March quarter, driven by digital growth with a 39% increase in traffic. Learn about the company's financial performance and expansion plans.

Oriental Hotels Reports Record Revenue of Rs 409 Cr in FY24

April 19, 2024 15:34

Oriental Hotels Ltd, an associate of The Indian Hotels Company, reported record standalone revenues of Rs 409.01 crore in FY 2023-24, driven by strong performance across its properties.

Gensol Engineering Revenue Soars 141% to Rs 960 Crore in FY24

April 3, 2024 10:01

Gensol Engineering has reported a record revenue of Rs 960 crore in FY24, marking a 141% YoY growth. The company attributes this success to its strong focus on renewable energy.

Patanjali Foods unaffected by SC's ad observations

February 27, 2024 22:28

Patanjali Foods says its business operations and financial performance will not be impacted by the Supreme Court's observation on ads related to ayurvedic medicines sold by a promoter group firm.

DLF to Launch Rs 80,000 Cr Properties in 4 Years

February 25, 2024 14:22

DLF plans to launch properties worth Rs 80,000 crore over the next 3-4 years to capitalize on rising demand for housing and commercial projects.

ITDC Expands Business, Strengthens Regional Offices | New Delhi

February 19, 2024 15:57

India Tourism Development Corporation (ITDC) aims to expand its business, strengthen regional offices, and develop new opportunities. Learn more about their plans for growth and new ventures.

IHCL Strengthens Spiritual Tourism Portfolio: Adds More Hotels

February 18, 2024 11:12

Indian Hotels Company Ltd (IHCL) is expanding its presence in spiritual tourism destinations across India, seeing a growing global demand for such experiences. The company currently has 66 hotels...

RBI Warns Banks: Vigilance Against Risks is Key - PTI

February 14, 2024 18:53

RBI Governor Shaktikanta Das urges banks to remain vigilant against rising risks, highlighting concerns like outlier growth in personal loans and NBFC exposure.

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...

SAIL Q3 Profit Down 22%, Output Up: Steel Maker Reports Results

February 12, 2024 20:54

SAIL's net profit fell 22% to Rs 423 crore in Q3 FY24, but output rose to 4.75 MT. The company also announced an interim dividend of Re 1 per share.

EPFO Interest Rate Hiked to 8.25% - Highest in 3 Years

February 10, 2024 17:08

The Employees' Provident Fund Organisation (EPFO) has raised the interest rate on employee provident fund to 8.25% for FY24, marking the highest rate in three years. This decision comes ahead of...

EPF Interest Rate Hiked to 8.25%: 3-Year High

February 10, 2024 16:53

The EPF interest rate has been raised to 8.25% for the fiscal year ending March 31, 2024, the highest in three years. This decision was made by the Central Board of Trustees of the EPFO and will...

Matrimony.com Q3 Profit Flat at Rs 11.10 cr | Latest News

February 10, 2024 14:29

Matrimony.com reports flat Q3 profit at Rs 11.10 crore, while revenue grows. The company launched 'Safe Matrimony' campaign with Vidya Balan to raise awareness of online frauds.

EPFO Raises Interest Rate on EPF to 8.25% for FY24

February 10, 2024 13:46

The Employees' Provident Fund Organisation (EPFO) has increased the interest rate on EPF deposits to 8.25% for 2023-24, the highest in three years. This represents a significant hike from the...

VA Tech Wabag Q3 Profit Rises to Rs 62.6 cr

February 9, 2024 20:55

VA Tech Wabag reports consolidated profit of Rs 62.6 crore for Q3 FY24, a significant increase from the previous year. Read more about the company's financial performance and future outlook.

Unilever India: Price Cuts Expected, Volume Growth Focus

February 8, 2024 20:09

Unilever is focusing on driving volume growth in India's FMCG market and expects price reductions. The company's sales were flat in the fourth quarter due to negative pricing.

Varroc Engineering Reports Rs 384 Cr PAT in Q3

February 7, 2024 20:43

Varroc Engineering reports Rs 383.9 crore consolidated Profit After Tax (PAT) in Q3 driven by a tax benefit of Rs 313.1 crore, with revenue rising 9.4% to Rs 1,884.6 crore.

Gensol Engineering Raises Rs 900 Cr via Warrants

February 7, 2024 13:54

Gensol Engineering has raised Rs 900 crore through the issue of convertible warrants, with participation from international and domestic investors. The funds will be used for working capital,...

Welspun Corp Q3 Profit Soars, Invests Rs 500 Cr in Middle East

February 6, 2024 17:11

Welspun Corp's Q3 profit jumped to Rs 294 crore, driven by strong operational performance. The company also announced a Rs 500 crore investment in a DI pipes facility in the Middle East.

Sundaram Finance Reports Strong Q3 FY24 Results, Focus on Sustainable Growth

February 6, 2024 15:19

Sundaram Finance reports strong Q3 FY24 results, with profit after tax reaching Rs 300 crore. The company emphasizes its commitment to steady and sustainable growth with best-in-class asset quality.

Tata Motors Q3 Profit Doubles to Rs 7,100 Crore | JLR Sales Surge

February 2, 2024 19:30

Tata Motors reports a 133% rise in net profit to Rs 7,100 crore in Q3, driven by strong performance across its businesses, including a surge in JLR sales. The company also reduced its net debt by...

Tata Motors Profit Doubles to Rs 7,100 Cr in Q3

February 2, 2024 19:20

Tata Motors reports a 133.32% rise in net profit to Rs 7,100 crore in Q3 FY24, driven by strong performance across commercial vehicles, passenger vehicles, and JLR. Revenue rose 25% to Rs 1,10,600...

IHCL Q3 Profit Rises 18% to Rs 452 Cr - Strong Performance

February 2, 2024 18:32

Indian Hotels Company (IHCL) reported an 18% rise in consolidated PAT to Rs 452 crore in Q3, driven by strong performance across all verticals. Revenue from operations also grew by 16.49%.

IHCL Q3 Profit Soars 18% to Rs 452 cr: Strong Performance Across Verticals

February 2, 2024 17:39

Indian Hotels Company (IHCL) reported a 18% rise in consolidated PAT to Rs 451.95 crore in Q3, driven by strong performance in all verticals, including hotels, new businesses, and RevPAR premium.

Raymond Q3 Profit Doubles to Rs 185 cr | Strong Growth in Apparel, Real Estate

February 1, 2024 17:36

Raymond's consolidated net profit in Q3 FY24 almost doubled to Rs 185.39 crore, driven by strong growth in real estate and branded apparel businesses.

Ambuja Cements Q3 Profit Doubles to Rs 1,089 cr

January 31, 2024 14:52

Ambuja Cements Q3 profit surged to Rs 1,089.55 crore, driven by higher sales and lower costs. Revenue rose 2.8% to Rs 8,128.80 crore. The company is expanding its capacity to 110 MTPA by 2028.

Dr Reddy's Lab Q3 Profit Rises 11% to Rs 1,379 Cr

January 30, 2024 17:17

Dr Reddy's Laboratories reported an 11% rise in consolidated net profit for the third quarter ended December 2023, driven by strong performance in North America and Europe.

LatentView Analytics Q3 Profit: Rs 46.50 cr

January 29, 2024 19:28

LatentView Analytics reported a profit after tax of Rs 46.50 crore for Q3 FY24, despite a slight dip from the previous year. Revenue grew to Rs 188.69 crore.

ACC Profit Soars 4-Fold to Rs 537.67 cr in Q3 FY24 | Revenue Up 8.3% - News18

January 25, 2024 15:44

ACC Ltd reported a 4-fold jump in net profit to Rs 537.67 crore in Q3 FY24, driven by enhanced production efficiency and lower fuel costs. Revenue rose 8.3% to Rs 4,914 crore.

MakeMyTrip Q3 EBITDA Doubles to USD 29.4 mn

January 23, 2024 19:00

MakeMyTrip's EBITDA more than doubled in Q3 to USD 29.4 million on strong travel demand, leading to record quarterly gross bookings, revenue, and profit.

Coforge Q3 Net Profit Up 4% to Rs 238 Crore

January 22, 2024 20:27

Coforge's net profit for the December quarter rose 4.3% year-on-year to Rs 238 crore, driven by strong operating and financial performance. Revenue grew 13% to Rs 2,323.3 crore.

Sony Terminates $10 Billion Zee India Merger: Leadership Stalemate

January 22, 2024 15:28

Sony Group Corp has called off its $10 billion merger with Zee Entertainment in India, citing a leadership dispute. The deal, announced in 2021, would have created a major entertainment conglomerate.

India Fruit Exports Surge 47% in 5 Years: Govt

INOX Air Products Launches First Green Hydrogen Plant in India

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Search result for 'financial performance'

TVS Supply Chain Appoints New Global CFO

CRA to Scrutinize Investment Service Returns

Uber India Systems Narrows Losses in FY24

FDI Company Sales Growth Moderates to 9.3% in FY24: RBI

Danfoss India to be Top 3 Growth Region by 2028

Fitch Affirms Union Bank, PNB Ratings at BBB- with Stable Outlook

NMDC Worker Unions Protest Despite Wage Talks

Veira Electronics Raises Rs 130 Crore from Bharat Value Fund

Oberoi Group Announces Two New Resorts in Rishikesh

FinMin Defers PSU Bank Review Meeting to Mar 5

FinMin to Review PSB Performance on Mar 4

Reliance Ranks 2nd Globally on FutureBrand Index 2024

Reliance Ranks 2nd on FutureBrand Index 2024: Outpaces Apple, Nike

Dr Agarwal's Health Care Clocks Q4 Profit at Rs 28.24 Cr

Sebi Proposes Financial Disclosure for REITs, InvITs

Vodafone Idea Q3 Loss Narrows to Rs 6,609.3 cr | ARPU Rises

Housing.com Parent REA India Revenue Up 46% in H1 FY25

Chemplast Sanmar Q3 Net Loss Narrows to Rs 49 Cr

Airtel Calls for Further Tariff Hike for Financial Stability

SPIC Q3 Profit: Rs 54.59 cr, Focus on Cost Efficiency & Agri-Nutrients

Bharti Airtel Shares Surge 5% on Q3 Profit Jump

Manali Petrochemicals Q3 PAT at Rs 5.27 cr Amid Challenges

Bharti Airtel Q3 Profit Jumps 5-Fold to Rs 16,134 Crore

Redington Ltd Q3 Profit Rises to Rs 402.96 Cr

Data Patterns Q3 Profit: Rs 44.66 cr | Defence Electronics

Swiggy Q3 Loss Widens to Rs 799 Cr: Instamart Growth, Food Delivery Margin Expansion

Tamilnadu Petro Q3 Profit Surges to Rs 10.31 cr

Infibeam Avenues Q3 Profit Surges 49% on Festive Boom

Ujjivan Small Finance Bank Applies for Universal Banking License

GHCL Q3 Profit Surges 68% to Rs 168 Crore

Apple iPhone Tops India Smartphone Sales in Q4: Tim Cook

Bansal Wire Industries Q3 PAT Up 100%, Revenue Soars - PTI

L''T Profit Surges 14% to Rs 3,359 Cr in Q3

Shakti Pumps Profit Soars 200% in Dec Quarter

L''T Q3 Profit Rises 14% to Rs 3,359 cr - Business News

CARE Ratings Upgrades Meja Urja's Rating to A+

Ambuja Cements Q3 Profit Surges to Rs 2,620 cr

Suzlon Energy Q3 Profit Soars 91% to Rs 388 Cr

Wheels India Sees Domestic CV Wheel Demand Growth in Q4 2025

Indus Towers Q3 Profit Soars 160% to Rs 4,003 Cr

MakeMyTrip Q3 Profit Up 12% to USD 27 Million

Top IT Services Brands: TCS, Infosys Shine

CARE Upgrades Inox Wind Banking Facilities Ratings

Indian Markets: Q3 Earnings, Inflation, FII Activity Key

Adani Enterprises Revenue to Surge by FY27: Brokerage

Women Hold Just 10% Key Management Roles in India: Report

IGL Announces 1:1 Bonus Share Issue - Boost for Shareholders

NHAI to Raise Rs 1,000 Crore via Green Bonds

Meja Urja Nigam Declares Rs 350 Cr Dividend for FY25

MapmyIndia Shelves B2C Venture After Investor Concerns

Gopalpur Port Rating Upgraded After Adani Acquisition

Udyam Portal for MSME Creditworthiness: RBI Advice

E.I.D. Parry Q2 PAT at Rs 591.66 cr - Business News

SPIC Ltd Q2 FY25 Profit: Rs 48.39 cr - Business News

CBI Clears ICICI Bank Officials in NDTV Loan Case

TVS Supply Chain Q2 Profit: Rs 10.6 Crore

Data Patterns Q2 PAT at Rs 30.28 Crore | Defence & Aerospace News

LatentView Analytics Q2 Profit Jumps to Rs 40.7 Cr

Singapore Airlines Invests Rs 3,195 cr in Air India Post-Vistara Merger

Vedanta Resources Cuts Debt by USD 4.7 Billion: Anil Agarwal

Sebi Expands Scope of Unpublished Price-Sensitive Info

Haryana & Chandigarh Power Sector Review: Smart Meters & RDSS Implementation

Pritika Engineering Q2 Profit Surges 78% to Rs 1.64 cr

Ashok Leyland Q2 Profit Rises to Rs 766.55 Crore

Pricol Ltd Q2 Profit: Rs 45.07 cr - Growth Continues

Chemplast Sanmar Reports Q2 Net Loss of Rs 31 Cr - PTI

FinMin Urges Banks: Cybersecurity, MSME & Agri Lending

Shriram General Insurance to Re-enter Crop Insurance

Aptus Value Housing Reports Q2 Profit of Rs 181.96 Cr

Sundaram Finance Q2 PAT at Rs 340.09 cr - Business News

Rakesh Gangwal Named Southwest Airlines Chairman

Karur Vysya Bank Expands Retail Presence in TN & Karnataka

L&amp;T Shares Surge 6% on Strong Earnings

L&T Shares Surge Over 6.50% After Strong Earnings

Redington Q2 Profit: Rs 282.88 Cr | Tech Solutions Provider | Business News

L&T Profit Rises 5% to Rs 3,395 Cr in Q2 FY25

Wheels India Targets Double Hydraulics Business in 2-3 Years

Ambuja Cements Q2 Profit at Rs 473 cr - Adani Group Firm

Veranda Learning Solutions Targets Rs 600 cr Revenue in FY25

L&T Shares Surge 6% on Strong Earnings