Latest Updates Around The World
Lodha Developers has registered pre-sales of Rs 4,570 crore for the quarter ended September, up 7% from a year ago, marking its highest ever performance in the second quarter. The listed company’s net profit rose 87% to Rs 790 crore, while profit margin increased to 20.4% from 15.8% a year ago. Operating income rose 45% […]
United Spirits Ltd, India’s largest liquor maker, posted a 41% rise in net profit to Rs472 crore in the second quarter, driven by higher sales of premium brands, favorable pricing and improved margins despite regulatory challenges in Maharashtra. Net sales for the quarter ended September rose 11.5% to Rs3,170 crore due to the return to […]
DLF reported a decline in net profit from Rs 1,381 crore in July-September last year to Rs 1,171 crore in the current financial year. The company reported new sales bookings worth Rs 4,332 crore, supported by its first launch in Mumbai – The Westpark and continued healthy momentum in the super luxury segment. Cumulative new […]
Motilal Oswal Financial Services Ltd (MOFSL) reported a 68% year-on-year (year-on-year) decline in consolidated net profit at Rs 362 crore. However, the company’s operating profit rose to Rs 554 crore, while half-year profit for FY26 stood at Rs 1,088 crore, up 11% year-on-year. Revenue from operations fell 35% year-on-year to Rs 1,849 crore. Healthy asset […]
State-owned power utility NTPC reported a 4% year-on-year decline in its consolidated net profit for the quarter ended September 30, 2025 at Rs 5,067 crore, compared to Rs 5,275 crore in the same period a year ago. The profit after tax (PAT) is attributable to the owners of the parent company. The company’s Q2FY26 operating […]
Capital market regulator Sebi on Thursday decided to extend the timeline for Qualified Stock Brokers (QSBs) to set up necessary systems for implementing the optional T+0 settlement cycle. Further guidance regarding the same would be issued at a later date, the Securities and Exchange Board of India (Sebi) said in its circular. This came after […]
Mastercard beat Wall Street expectations for third-quarter earnings on Thursday as continued consumer spending boosted payment volumes. Consumer spending has proven resilient, while labor market cracks and persistent inflation continue to fuel concerns about US President Donald Trump’s trade and immigration policies. Mastercard’s earnings round out earnings season for card companies, which are closely watched […]
State-owned Union Bank of India on Thursday reported a 10 per cent decline in September quarter profit to Rs 4,249 crore, driven by a decline in core income and also recovery in written-off accounts. Newly appointed Managing Director and Chief Executive Asheesh Pandey said the lender will strike a balance between revenue growth and protecting […]
The Indian rupee fell to its lowest level in two weeks on Thursday as the outflows compounded the blow of an hawkish stance in Federal Reserve policy that pushed dollar and U.S. Treasury yields higher. The rupee closed at 88.6950 against the US dollar, down 0.6% on the day after hitting a two-week low of […]
Automaker Hyundai Motor India on Thursday reported a 14.3% year-on-year (year-on-year) increase in consolidated net profit to Rs 1,572 crore for the quarter ended September 2025, compared to Rs 1,375 crore in the same period last year. Operating revenue rose 1.2% year-on-year to Rs 17,461 crore, compared to Rs 17,260 crore in the second quarter […]
