Bakery food company Britannia Industries Ltd on Wednesday reported a 23.23 per cent rise in consolidated net profit to Rs 655.06 crore for the September quarter, helped by stable raw material prices and cost optimization efforts.The company had posted a net profit of Rs 531.55 crore in the July-September quarter a year ago, according to […]
The Indian market was closed on Wednesday for a holiday. On Tuesday, the Sensex and Nifty closed lower, continuing their losing streak after a lull on Monday amid sharp declines in IT, auto and metal stocks. The Nifty closed at 25,597.65, down 165.70 or 0.64%, while the 30-share Sensex settled at 83,459.15, down 519.34 points […]
Ramco Cements on Wednesday reported a three-fold rise in consolidated net profit to Rs 77.88 crore for the September quarter.The company had posted a net profit of Rs 25.77 crore during the July-September quarter of the previous fiscal, according to a regulatory filing by The Ramco Cements. Revenue from operations grew 9.52 percent to Rs […]
Stock market sentiment is likely to remain optimistic going forward, although some consolidation cannot be ruled out following the recent sharp rally in benchmarks, analysts said. According to experts, the Nifty and Sensex could indeed move to fresh record highs before the end of the year if global cues remain supportive, crude oil prices remain […]
Saregama, part of the RPSG Group, reported a 2% YoY decline in net profit to Rs 44 crore for the quarter ended September, compared to the same quarter of the previous fiscal.Revenue from operations declined 5% to Rs. 230 crore, while adjusted EBITDA remained at Rs 85 crore. The board has declared an interim dividend […]
K Raheja Corp-backed Mindspace Business Parks REIT has reported a 25.8% year-on-year increase in net operating income (NOI) to Rs 634 crore for the quarter ended September, on the back of strong leasing momentum and stable occupancy rates. Operating revenue rose 24.8% to Rs 778 crore, while distribution for the quarter grew 16.3% to Rs […]
Makers of photovoltaic solar panels and solar cells Emmvee Photovoltaic Power Ltd is gearing up to launch its initial public offering (IPO) on November 11, aiming to raise Rs 2,900 crore. The initial share sale will be completed on November 13. According to the red herring prospectus (RHP), the shares will be allocated to anchor […]
Emirates NBD Bank (PJSC) has proposed to make an open offer of Rs 280 per share to acquire 26% stake in RBL Bank, the private bank informed exchanges. Shareholders can tender shares from December 12 to 26, subject to approval by Sebi. The total size of the open offer has been pegged at Rs 11,636 […]
New Age third-party logistics company Delhivery on Wednesday said it swung to a consolidated net loss of Rs 50.38 crore in the second quarter ended September 2025, compared to a profit of Rs 10.20 crore in the year-ago period.The company said operating revenue for the second quarter of FY26 stood at Rs 2,559.3 crore, up […]
Industrial tools maker Kennametal India Ltd (KIL) on Wednesday reported a 28.8% year-on-year rise in pre-tax profit to Rs 434 crore in its September quarter results. The company attributed its growth to rising demand across all markets and continued focus on operational efficiency.Kennametal said revenue for the quarter rose 9.5% to Rs 2,960 crore, compared […]