Larsen & Toubro Chairman S N Subrahmanyan’s remuneration surged to ₹120.84 crore in FY26, driven largely by commissions and ESOP gains, placing him among India’s highest-paid corporate executives as compensation levels rise across large listed companies. By Yoosef K May 21, 2026, 8:37:58 PM IST (Published) The Chairman and Managing Director of Larsen & Toubro…
Datamatics Global Services Ltd on Thursday (May 21) reported a 1.5% year-on-year decline in consolidated net profit to ₹44.2 crore for the March quarter, compared with ₹44.9 crore in the corresponding quarter last year. Revenue increased 4.4% year-on-year to ₹519.3 crore from ₹497.2 crore. EBITDA rose 48.4% to ₹110.6 crore from ₹74.5 crore, while EBITDA…
Welspun Corp reported a sharp decline in fourth-quarter profit due to lower exceptional gains, although revenue and operating performance improved steadily during the quarter alongside a final dividend announcement. 1 Min Read Continue Reading (Edited by : Sheersh Kapoor) Source link
Government-owned natural gas company GAIL India Ltd on Thursday (May 21) reported a 21.2% sequential decline in net profit for the March quarter at ₹1,262.2 crore, compared with ₹1,603 crore in the previous quarter. The profit figure came in below the CNBC-TV18 poll estimate of ₹1,325 crore. Revenue for the quarter rose 2.1% quarter-on-quarter to…
GAIL India Dividend 2026, GAIL India Q4 Results 2026: State-owned GAIL (India) Ltd announced its earnings for the fourth quarter ended March 31, 2026. The PSU also declared a final dividend for its shareholders. The Board of GAIL today recommended a dividend payment of Re 0.50 per share. The dividend, however, is subject to approval…
Walmart issued a weaker-than-expected financial guidance on Thursday, May 21, despite reporting first-quarter results that beat revenue estimates, raising fresh concerns around the US consumer as higher fuel prices continue to pressure household budgets. The retailer maintained its fiscal 2027 outlook, but it fell short of Street expectations. Walmart said it expects adjusted earnings per…
The Supreme Court of India has stayed further proceedings in a GST input tax credit (ITC) matter involving a tax demand of ₹890.52 crore against Tata Steel Ltd. for FY19 to FY21, the company said in an exchange filing on Thursday, May 21. The dispute relates to a demand-cum-show cause notice issued by the Office…
LIC Bonus Issue 2026 News: Shares of India’s insurance giant Life Insurance Corporation of India (LIC) might remain in focus in the upcoming days as the company has set the record date for the bonus issue. LIC, a constituent of BSE 200, informed about the corporate action in an exchange filing today, May 21. In…
India’s insurance giant Life Insurance Corporation of India (LIC) today announced its earnings for the fourth quarter ended March 31, 2026. The company has also announced a dividend for its shareholders. Net premium Income up 11.5% at 1,65,067 cr in Q4 FY26 vs Rs 1,47,917 cr in Q4 FY25 Read Full Article PAT up 23%…
Water technology company VA Tech Wabag Ltd on Thursday (May 21) reported a 29% year-on-year increase in standalone net profit to ₹128.3 crore, compared with ₹99.5 crore in the corresponding quarter last year. Revenue rose 22.3% year-on-year to ₹1,414.4 crore from ₹1,156.2 crore, while EBITDA increased 11.8% to ₹157.4 crore from ₹140.8 crore. EBITDA margin…
