Tata Consultancy Services (TCS) has maintained higher quarterly variable payouts for mid- to senior-level employees for the second consecutive quarter in January-March. The IT services giant paid an average variable pay of 60-80% in Q4, after nearly two years of keeping payouts in the 20-50% range through Q2FY26, sources aware of the matter told Moneycontrol….
Drug firm Torrent Pharmaceuticals Ltd on Friday (May 22) reported a 21.9% year-on-year decline in consolidated net profit to ₹389 crore for the fourth quarter, compared with ₹498 crore in the same period last year. Revenue increased 41.8% year-on-year to ₹4,197 crore from ₹2,959 crore. EBITDA rose 40.7% to ₹1,356 crore from ₹964 crore, while…
Eicher Motors Ltd reported a strong set of fourth-quarter earnings for FY26 on Friday, beating CNBC-TV18 estimates across profit, revenue and EBITDA, driven by sustained momentum in Royal Enfield motorcycle sales and improving operational performance. The company posted a consolidated net profit of ₹1,520 crore for the March quarter, up 11.6% year-on-year from ₹1,362 crore…
Broadband technology firm Sterlite Technologies Ltd on Friday (May 22) said its subsidiary has received a Product Award Letter (PAL) from a hyperscale partner for a multi-year supply of optical connectivity products. The total potential value of the contract is estimated at approximately $1.11 billion based on prevailing selling prices of connectivity products. The allocation…
Shares of Shilpa Medicare Ltd surged about 9% after the company reported a sharp jump in the March quarter profit, aided by strong operating performance and exceptional gains during the quarter. The company reported consolidated net profit of ₹108 crore for Q4FY26, compared to ₹14.5 crore in the year-ago quarter. Revenue from operations rose 32%…
“Recommended a final dividend of Rs. 0.70 per equity share of face value of Rs. 2/- each (35% of the paid-up equity share capital) for the financial year 2025-26, subject to the approval of the shareholders at the ensuing Annual General Meeting (AGM) of the Company,” Ircon said in an exchange filing. Read Full Article…
Markets ended the week in positive territory, with Sensex rising 232 points to 75,415 and Nifty gaining 65 points to 23,719. Nifty Bank advanced 616 points to 54,055, while the midcap index added 89 points to 61,389. Nifty IT and Realty were the top-gaining indices over the week, rising up to 4%, while PSU indices…
Sarmeeli Mallick is a senior journalist with nearly a decade of experience in digital journalism. With a master’s degree in Journalism and Mass Communication from Utkal University, Bhubaneswar, she has a proven track record of impactful reporting, having filed over 19,000 news stories since beginning her career in May 2016. Her diverse background, rooted in…
Dividend Stock 2026: 3M India Ltd today announced its earnings for the fourth quarter of the financial year 2025-26. Along with the quarterly results, the BSE 500 stock has also declared a dividend for its shareholders. The board of 3M India today recommended a dividend of Rs 506 per share, comprising a final dividend of…
Stock Market Live Updates: The market is in the second half of the last day of this week’s trade, and the indices are holding up the gains. The markets look all set and determined to close the week on high, as the Nifty index rises over 100 points, surging over 23,750. The Nifty Bank is…
