Vedanta Oil & Gas reported a consolidated net profit of ₹945 crore for the June quarter, reversing from a loss of ₹476 crore in the preceding quarter, due to an exceptional gain from the slump sale of certain businesses. Revenue from operations, however, declined 3.1% sequentially to ₹2,507 crore from ₹2,588 crore. The company’s Earnings…
State-owned Punjab National Bank (PNB) on Wednesday (July 29) said its board has approved raising foreign currency funds through the establishment of a Medium-Term Note (MTN) programme of up to $1.5 billion. The bank said bonds under the programme will be issued through PNB’s International Financial Services Centre (IFSC) Banking Unit at GIFT City. In…
Acme Solar Holdings reported a 79.9% year-on-year increase in consolidated profit after tax (PAT) to ₹235 Cr for the June quarter (Q1 FY27), driven by higher irradiation, improved plant performance, and renewable energy and battery energy storage system (BESS) capacity additions. The company’s total revenue rose 63.3% to ₹954 Cr during the quarter from ₹584…
IT services company Coforge believes the next phase of artificial intelligence adoption will be driven by enterprise applications rather than access to large language models, as businesses shift their focus from experimenting with AI to deploying it at scale across their operations. Speaking during the Coforge’s June-quarter earnings call, Chief Executive Officer Sudhir Singh said…
Staffing and workforce solutions provider Quess Corp Ltd on Wednesday (July 29) reported a consolidated net profit of ₹81.9 crore for the first quarter of FY27, compared with ₹50.9 crore in the corresponding quarter last year, registering a 60.9% year-on-year increase. Revenue from operations rose 14.5% year-on-year to ₹4,181.7 crore during the quarter from ₹3,651.4…
Indian investors will closely watch global cues on Thursday as surging crude oil prices amid escalating US-Iran tensions weigh on sentiment and keep inflation concerns in focus. Markets will also react to the US Federal Reserve’s interest rate decision later today, while the release of second-quarter US Gross Domestic Product (GDP) and Personal Consumption Expenditures…
US stocks traded cautiously lower on Wednesday as investors awaited the Federal Reserve’s latest policy decision and key earnings reports from AI-driven tech giants Meta and Microsoft, due after the closing bell. The S&P 500 and Nasdaq Composite each slipped about 0.2% at the open before paring losses to hover near flat territory. The Dow…
Dear Reader, Wednesday’s earnings mix was a wide one, spanning FMCG shelves, paint cans, ports and auto showrooms, and the day’s clearest beat came from Eicher Motors. Best known as the maker of Royal Enfield, Eicher reported consolidated profit of ₹1,462.5 crore, up 22% on the year and comfortably ahead of the ₹1,390 crore the…
HeidelbergCement India Ltd on Wednesday (July 29) reported a 36.7% year-on-year decline in profit after tax (PAT) to ₹30.55 crore for the quarter ended June 30, 2026. On a sequential basis, PAT fell 32.4% from the previous quarter’s ₹45.21 crore. The company’s revenue (net of taxes) rose 5.1% year-on-year to ₹628.11 crore, compared with ₹597.54…
Vedanta Power Ltd on Wednesday (July 29) reported a net loss of ₹423 crore for the first quarter ended June 30, 2026, compared with a profit of ₹139 crore in the previous quarter, impacted by a ₹487 crore exceptional loss. However, the newly-listed company had posted a net profit of ₹75 crore in the year-ago…
