Latest Updates Around The World
Dalmia Bharat’s consolidated profit for the September quarter rose nearly five times compared to last year’s quarter to Rs 239 crore on the back of an improvement in operating performance and a low base last year. The cement maker had reported a consolidated profit of Rs 49 crore in the year-ago period and Rs 395 […]
Reliance Retail on Friday reported 22% year-on-year (year-on-year) growth in net profit at Rs 3,457 crore in the second quarter. Revenues rose 19% year-on-year to Rs 79,128 crore. Reported EBITDA, including investment income, stood at Rs 6,816 crore, while margins remained stable at 8.6%. “Reliance Retail delivered a strong performance this quarter, led by our […]
Reliance Jio on Friday reported 13% year-on-year (year-on-year) growth in net profit at Rs 7,379 crore in the second quarter. Revenues rose 15% year-on-year to Rs 36,332 crore. EBITDA rose 18% year-on-year to Rs 18,757 crore, with margins improving by 140 basis points to 51.6%, highlighting better cost efficiency and higher levels of engagement with […]
Mukesh Ambani-led Reliance Industries (RIL) on Friday reported 10% year-on-year growth in consolidated net profit in the second quarter at Rs 18,165 crore, compared to Rs 16,563 crore reported in the year-ago period. The profit after tax (PAT) is attributable to the owners of the company. The company’s revenue in the quarter under review stood […]
Shares of Persistent Systems have risen 8% in the three trading sessions since the company reported second-quarter results on Oct. 14. The mid-sized IT exporter reported better-than-expected sequential revenue growth, operating margin expansion and record order booking for the September quarter. A recovery in the healthcare sector and a quarterly postponement of the salary review […]
JSW Energy on Friday reported a 17% decline in second-quarter consolidated net profit at Rs 705 crore, compared to Rs 853 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 operating revenue in the quarter under review stood at Rs […]
Sify Infinit Spaces has filed concept papers with market regulator Sebi to launch the country’s first data center IPO, aiming to raise Rs 3,700 crore. The company, part of the Sify Group, operates one of India’s largest networks of data center colocation facilities. The IPO includes a fresh issue of shares worth Rs 2,500 crore […]
Dixon Technologies reported a 72% growth in its consolidated net profit in the second quarter at Rs 670 crore, compared to Rs 390 crore reported in the year-ago period. The profit after tax (PAT) accrues to the owners of the company. The company’s revenue from operations grew 29% to Rs 14,855 crore in the quarter […]
IndusInd Bank is expected to report a sharp decline in Q2FY26 profits as brokers foresee pressure on margins, weak state revenues and high provisioning from the microfinance and commercial vehicle segments. Estimates from four brokerages put net profit at between Rs 240 crore and Rs 796 crore, implying a year-on-year decline of up to 82% […]
The rupee pared initial gains to close 7 paise lower at 88.03 (provisional) against the US dollar on Friday, weighed down by trade tensions and global uncertainties. Forex traders said renewed foreign fund inflows and lower crude oil prices further boosted investor sentiment and limited the downside. At the interbank forex market, the rupee opened […]
