Search result for 'zero debt'

Exide Industries reports 26% drop in Q2FY26 net profit to Rs 173.6 crore due to GST changes. Revenue also saw a marginal decline.

Jyothy Labs reports a 16.4% fall in Q2 profit to Rs 87.76 cr, while revenue rises marginally to Rs 736 cr. Key highlights and analysis.

India Ratings upgraded Reliance Infrastructure's credit rating to IND B/Stable/IND A4, reflecting its deleveraging efforts and improved financial position. However, risks remain.

Exide Industries reported an 11% decline in standalone profit after tax (PAT) to Rs 254.60 crore in the March quarter, driven by high raw material prices. Revenue rose 4% YoY.

Real estate firm Signature Global targets zero net debt in FY26, driven by strong sales and a robust housing market in Gurugram. The company has already significantly reduced its debt and is...

ITC's hotel business demerges on January 1, 2025. Shareholders receive ITC Hotels shares, with ITC transferring Rs 1,500 crore for growth. Learn more about the demerger.

Rosa Power, a Reliance Power subsidiary, has become a zero-debt company after prepaying Rs 485 crore to Varde Partners, a Singapore-based lender. The company is now focusing on green energy...

Reliance Infrastructure shareholders approve Rs 6,000 crore fundraising plan through preferential issue of shares and QIP. The proceeds will be used for business expansion and working capital.

Reliance Infrastructure's board will meet on October 1 to consider raising long-term resources through equity shares, warrants, and other methods. The company aims to enhance its capital base and...

Rosa Power, a subsidiary of Reliance Power, has prepaid Rs 850 crore of its debt to Varde Partners. The company aims to be debt-free by the end of the current financial year.

Reliance Infrastructure Ltd is set to receive Rs 1,100 crore equity infusion from promoters and Rs 1,910 crore from Mumbai-based investors. The company seeks shareholder approval for the fund raise...

Reliance Infrastructure's board approves a Rs 3,014 crore fundraise through a preferential issue of equity shares to promoter group companies and other investors. The funds will be used for...

Transindia Real Estate has sold its logistics park in Jhajjar, Haryana for Rs 636.71 crore. The company will use the proceeds to expand its operations and invest in emerging opportunities.

Kent RO Systems, known for water purifiers, is entering the US market through a licensing agreement with Black & Decker and aims to reach Rs 2,000 crore turnover in 3 years.