Latest Updates Around The World
Groww posted strong revenue growth and sharp margin expansion last quarter, with operating margins reaching nearly 60%, thanks to its predominantly fixed-cost model, said Ishan Bansal, co-founder and CFO of Groww, in an interview with ET Now. 90% of the costs are fixed: turnover growth flows directly to the operating result Bansal explained that roughly […]
Mumbai: Mahindra Group has drawn up a 10-year expansion plan that will be led by its automotive division even as the tractor-to-technology conglomerate aims to build scale across its business portfolio, according to a presentation made to its investors on Thursday.The group targets organic growth of 15 to 40% across all its key verticals in […]
Mumbai: Tata Motors Passenger Vehicles Ltd (TMPV) posted a sharp rise in net profit for the September quarter, supported by a large exceptional profit, offsetting weak performance from British unit Jaguar Land Rover, which suffered a severe production shutdown following a cyber-attack.Net profit rose to ₹76,170 crore in Q2FY26 from ₹3,450 crore a year earlier, […]
Morgan Stanley on Friday bought 40,000 shares worth Rs 10.34 crore in Shaily Engineering Plastics through block deals. The shares were bought through affiliated Morgan Stanley IFSC Fund at a price of Rs 2,585.10 each, a 1% discount to Thursday’s closing price. In the block deals, promoters Amit Mahendra Sanghvi and Laxman Sanghvi have divested […]
A sari brand’s journey from ₹5 million to ₹10 million in monthly revenue is a great example of how data, creativity and consistency can help a business scale with the structured support of a digital marketing ecosystem. The process started with a fragmented brand presence, but evolved into a performance-driven ecosystem, with all parts of […]
August-listed National Securities Depository Ltd (NSDL) reported 15% year-on-year (year-on-year) growth in its consolidated net profit in the quarter ended September to Rs 110 crore, compared to Rs 96 crore in the year-ago period. Revenue from operations in Q2FY26 stood at Rs 400 crore, up 12% from Rs 357 crore in the corresponding quarter of […]
Real estate developer Godrej Properties has registered a 21% year-on-year increase in net profit at Rs 405 crore for the quarter ended September 2025, its highest ever performance in the second quarter.The company’s booking value grew 64% year-on-year to Rs 8,505 crore during the quarter, helped by sales of 4,522 residential properties covering a total […]
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 […]
Shares of Epack Prefab Technologies are expected to remain in focus on Thursday, October 23, after the company reported a strong set of numbers for the second quarter of 2026, highlighting robust growth across both business sectors. The company posted a 104.2% year-on-year increase in net profit to Rs 29.5 crore, compared to Rs 14.4 […]
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 […]
