Deepak Nitrite reported a blockbuster June quarter on Tuesday, with profit more than tripling from a year ago as robust operating performance drove a sharp improvement in margins. Alongside the earnings, the company unveiled a major capacity expansion plan, committing ₹2,500 crore towards a new Bisphenol A (BPA) manufacturing project. For the quarter ended June…
HDFC Bank‘s 32nd Annual General Meeting (AGM) will be held on August 5, with the meeting carrying added significance following the resignation of former non-executive chairman Atanu Chakraborty, who stepped down citing “ethical concerns”. The AGM also comes at a time when the bank is yet to begin the formal process of selecting its next…
Dear Reader, Tuesday’s earnings cut across sectors, with telecom, FMCG, beauty, e-commerce and auto components all reporting. It was a session that had a bit of everything — record quarters, a 20% upper circuit, upbeat management commentary and one stock that was punished relentlessly. The heavyweights set the tone Bharti Airtel got the ball rolling…
BSE reported a 9.6% sequential increase in consolidated net profit for the June quarter, driven by resilient operating income and higher investment income, while its board approved raising the exchange’s stake in India International Bullion Holding (IIBH) from 3.33% to 20%. Consolidated net profit stood at ₹874 crore for the first quarter of FY27, compared…
Auto components manufacturer ASK Automotive reported a strong performance for the first quarter of FY27, with revenue growth helping drive a rise in profitability despite pressure on operating margins. The company reported a consolidated net profit of ₹85.1 crore for the quarter ended June 30, 2026, compared with ₹66.1 crore in the corresponding quarter last…
Diagnostic services provider Metropolis Healthcare reported a strong performance for the first quarter of FY27, with growth in patient volumes and diagnostic tests supporting a rise in revenue and profitability. The company reported a consolidated net profit of ₹57 crore for the June quarter, compared with ₹45 crore in the corresponding period last year, marking…
Foreign institutional investors (FIIs) remained net buyers of Indian equities on Tuesday, while domestic institutional investors (DIIs) turned net sellers, according to provisional exchange data. FIIs bought equities worth ₹15,630.45 crore and sold shares worth ₹13,183.98 crore, resulting in a net inflow of ₹2,446.47 crore. This was higher than Monday’s net purchase of ₹922.26 crore….
Companies like Power Grid, Aurobindo Pharma, Biocon, Berger Paints, Whirlpool of India, PB Fintech, Cummins India, Navin Fluorine International, Shilp…Read More 1/5 Earnings Tomorrow: Several companies are set to release financial results on August 5, including Power Grid Corporation, Aurobindo Pharma, Biocon, Berger Paints, Whirlpool of India, PB Fintech (Policybazaar), Cummins India, Navin Fluorine International,…
Drug firm Sanofi India Ltd. reported a healthy performance for the second quarter, with profit rising 20% year-on-year as steady growth in its diabetes portfolio and improved operating efficiency helped offset a relatively modest increase in revenue. The pharmaceutical company posted a net profit of ₹83.5 crore for the quarter, up 20.1% from ₹69.5 crore…
PNB Housing Finance reported steady earnings growth for the quarter ended June 30, with higher interest income from its core lending business helping lift profitability. While the mortgage lender’s asset quality weakened marginally on a sequential basis, its gross bad loan ratio remained below 1% and improved compared with the same period last year. The…
