Karnataka Bank reported a strong set of fourth-quarter earnings on May 19, supported by higher net interest income, improving margins and a sharp reduction in bad loans. Net profit for the March quarter rose 61.7% year-on-year to ₹408 crore from ₹252.4 crore. Profit also improved 40% sequentially from ₹290.79 crore reported in the December quarter….
Sebi on Tuesday proposed a revamp of the existing Straight-Through Processing (STP) framework by replacing the current centralised hub-based architecture with a decentralised API-based model to reduce costs, lower latency and improve service delivery for market participants. SEBI moves to replace centralised STP hubIn a consultation paper, Sebi proposed doing away with the existing STP…
1 / 11 Bharat Petroleum Corporation Ltd | BPCL reported a 57.7% sequential decline in fourth-quarter net profit to ₹3,192 crore, impacted by exceptional items worth ₹4,349 crore. Revenue remained largely flat at around ₹1.2 lakh crore, while EBITDA fell 13.8% quarter-on-quarter to ₹10,061 crore, with margin narrowing to 8.5% from 9.7%. The company’s EBITDA…
State-owned PTC India reported a sharp fall in fourth-quarter profit as weaker operating margins weighed on earnings despite robust revenue growth. Net profit for the March quarter declined 69.3% year-on-year to ₹105 crore from ₹343.4 crore in the corresponding period last year. Revenue, however, rose 33.3% to ₹3,897.5 crore from ₹2,924 crore, reflecting higher business…
ASK Automotive reported a 24.2% year-on-year rise in consolidated net profit to ₹72 crore for the fourth quarter, compared with ₹58 crore in the year-ago period. As per exchange fillings, revenue from operations rose 35% to ₹1,147 crore against ₹850 crore a year earlier, while EBITDA increased 28.4% to ₹133.3 crore from ₹103.8 crore. EBITDA…
Bharat Petroleum Corporation Ltd today announced its earnings for the fourth quarter of the financial year 2025-26. The state-run refining and marketing company posted a net profit of Rs 5,625 crore in the three months ended March 2026, compared to Rs 4,392 crore a year earlier. This marks a year-on-year growth of 28.1 per cent….
US stock futures slipped on Tuesday, extending the recent pullback in tech-heavy counters as investors weighed easing geopolitical tensions in West Asia against rising bond yields and concerns around overheated AI valuations. Futures tied to the S&P 500 fell 0.5%, while Nasdaq 100 futures dropped 0.8%. Dow Jones Industrial Average futures were down 131 points,…
Zee Entertainment Enterprises reported a consolidated net loss of ₹102 crore for the fourth quarter ended March 31, 2026, compared with a net profit of ₹188.4 crore in the year-ago period. Revenue from operations fell 7.3% year-on-year to ₹2,024.8 crore from ₹2,184.1 crore, while the company reported an EBITDA loss of ₹254.8 crore against EBITDA…
Novelis Inc., the wholly owned subsidiary of Hindalco Industries Ltd, reported a net loss of $84 million for the March quarter on May 19, compared with a profit of $294 million a year earlier, after fire incidents at its Oswego plant in the United States disrupted operations and hit profitability. The aluminium rolling and recycling…
J Kumar Infraprojects on Tuesday, May 19, reported a 4% year-on-year decline in net profit for the fourth quarter ended March 31, 2026, at ₹110 crore versus ₹114 crore in Q4FY25. Revenue from operations fell 2.9% to ₹1,585.4 crore from ₹1,632.7 crore a year ago while earnings before interest, taxes, depreciation, and amortisation (EBITDA) slipped…
