State-run lender UCO Bank on Wednesday (July 22) reported an 8% year-on-year rise in net profit for the June quarter, supported by strong growth in net interest income (NII) and lower provisions, while continued improvement in asset quality also aided the lender’s performance. The bank posted a net profit of ₹656.3 crore for Q1FY27, compared…
After having played where do we go next for the first couple of days of the week, the Nifty 50 has taken a decisive leg down. Higher oil prices are to blame. Brent is back at $95 and Goldman Sachs is worried that if this disruption lasts longer, they could even go to $120 a…
HEG on Wednesday posted a 16.7% year-on-year increase in consolidated net profit to ₹122.3 crore for the quarter ended June 30, 2026, compared with ₹104.8 crore in the corresponding period last year. HEG’s revenue from operations rose 11.1% to ₹680.8 crore, up from ₹612.8 crore a year ago, reflecting steady growth in its core graphite…
NTPC Green Energy Ltd, an umbrella company for the green business initiatives of NTPC Ltd, on Wednesday (July 22) reported a 38.3% year-on-year rise in net profit for the June quarter, supported by strong growth in revenue. The company’s revenue from operations rose 62.7% year-on-year to ₹1,106.9 crore during the quarter from ₹680.2 crore a…
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…
Multi-brand fashion retailer Shoppers Stop Ltd on Wednesday (July 22) reported an 11.2% year-on-year increase in revenue from operations to ₹1,291.4 crore for the first quarter, compared with ₹1,161.1 crore in the corresponding quarter last year. The company’s net loss narrowed to ₹14.3 crore from a loss of ₹15.7 crore a year ago. Earnings before…
Adani Green Energy Ltd on Wednesday (July 22) reported a 19.3% year-on-year rise in consolidated net profit to ₹983 crore for the first quarter, compared with ₹824 crore in the corresponding period last year. Revenue from operations increased 16.6% to ₹4,431 crore from ₹3,800 crore a year ago. Earnings before interest, taxes, depreciation and amortisation…
State-run Power Grid Corporation of India Ltd on Wednesday (July 22) approved a proposal to increase its borrowing limit for financial year 2026-27 to ₹35,000 crore from ₹30,000 crore through various sources, including domestic bonds. The board also approved a proposal to borrow funds of up to ₹35,000 crore during financial year 2027-28 through multiple…
Tanla Platforms Ltd on Wednesday (July 22) reported a 20.1% year-on-year increase in consolidated net profit to ₹142.2 crore for the first quarter ended June 30, compared with ₹118.4 crore in the corresponding quarter last year. Revenue from operations rose 17.8% year-on-year to ₹1,226.4 crore from ₹1,040.7 crore. On a sequential basis, revenue increased 4.1%….
Oracle Financial Services Software Limited (OFSS) on Wednesday (July 22) reported a sharp jump in profitability for the June 2026 quarter, with consolidated net profit rising 68.2% quarter-on-quarter to ₹1,416 crore, up from ₹842 crore in the previous quarter. Revenue for the quarter grew 51.3% sequentially to ₹3,125 crore, compared with ₹2,065 crore in Q4FY26….
