Latest Updates Around The World
LG Electronics India saw its net profit decline 61.6 percent in Q3FY26 due to margin pressure as subdued sales impacted operating leverage, along with higher input costs for copper and aluminum and currency-related headwinds. Net sales in the quarter fell 6.4 percent to Rs 4,114 crore in the October-December quarter. “Despite lower than expected post-festive […]
Jana Small Finance Bank reported a 91% decline in third quarter net profit at Rs 10 crore compared to Rs 111 crore in the same period last year, due to higher provisioning and other operating expenses.The bank has projected fourth-quarter net profit at Rs 140-160 crore, with the help of lower credit costs. Meanwhile, it […]
IDBI Bank on Saturday reported a 1.4% rise in December standalone net profit at Rs 1,935 crore, compared to Rs 1,908 crore reported in the year-ago period. However, profit after tax fell 47% on a sequential basis, compared to Rs 3,627 crore in the second quarter of FY26.The lender earned an interest income of Rs […]
Zen Technologies on Saturday, October 25, reported a marginal decline of 2.2% in consolidated net profit to Rs 62 crore for the quarter ended September 30 FY26. In the same quarter last year, the company’s profit stood at Rs 63.4 crore. Operating revenue, on the other hand, fell 28% to Rs 173.5 crore, compared to […]
