EBITDA rose to ₹40.8 crore from ₹16.7 crore a year ago. Consequently, EBITDA margin expanded to 8.7%, compared with 3.8% in the year-ago quarter. By CNBCTV18.com July 28, 2026, 12:59:21 PM IST (Published) 1 Min Read Shares of Indoco Remedies Ltd. were trading nearly 2% lower on Tuesday, July 28, even after the pharmaceutical company…
Shares of Supreme Industries gave up initial gains it had made after reporting a mixed set of earnings for the June quarter, with consolidated net profit rising 38.8% to ₹280.7 crore from ₹202.3 crore a year earlier, beating the CNBC-TV18 poll estimate of ₹232 crore. The company’s revenue increased 4.2% to ₹2,717.7 crore from ₹2,609…
Apollo Micro Systems has been empanelled by the Indian Air Force (IAF) as a Prime Development Agency for the Indigenous Precision Range Extension Kit (IPREK) programme under the Make-II category of the Defence Acquisition Procedure (DAP) 2020, marking its entry into the precision-guided munitions segment. The company, in an exchange filing on Tuesday, July 28,…
Ashika Institutional Equities CEO Rahul Arora believes investors should prefer mid-cap IT companies over large-cap peers, citing stronger growth prospects. He also remains constructive on packaged food companies, sees HDFC Bank as an attractive valuation play and favours Eternal over Zepto in the quick commerce space. Arora said large IT companies are unlikely to deliver…
Ambuja Cements Ltd., announced its results for the June quarter on Tuesday, July 28, with net profit decreasing 36.6% year-on-year to ₹660 crore. The company had reported a net profit of ₹1,041 crore during the same quarter last year. The cement major has reported a 7.7% decline in its revenue for the June quarter to…
Shares of Alembic Pharmaceuticals rose on Tuesday, July 28, after it received final approval from the US Food and Drug Administration (USFDA) to market Prucalopride Tablets in 1 mg and 2 mg strengths in the United States. The approval covers the company’s abbreviated new drug application (ANDA) for Prucalopride Tablets, which are therapeutically equivalent to…
Radico Khaitan Ltd has upgraded its FY27 guidance for its Prestige & Above (P&A) portfolio, now expecting volume growth of more than 25%, up from its earlier forecast of 20%. The liquor maker also reiterated its expectation of delivering an EBITDA margin of around 20% for the financial year, after reporting a record June quarter…
Shares of Cholamandalam Investment and Finance Company Ltd. fell more than 6% on Tuesday, July 28, before recovering nearly 4% from the day’s low, despite the company reporting a strong set of June quarter earnings. The NBFC reported a 45.5% year-on-year rise in net profit to ₹1,656 crore, compared with ₹1,138 crore in the corresponding…
HDFC Bank must rebuild investor trust through stronger governance and better processes rather than simply closing individual controversies, governance experts Amit Tandon, Managing Director of Institutional Investor Advisory Services (IiAS), and Ashvin Parekh, Managing Partner at Ashvin Parekh Advisory Services, said. Their comments come after the bank’s board concluded its internal review into the Maharashtra…
Indian benchmark indices ended a volatile session with marginal losses on Tuesday as weakness in Hindustan Unilever Ltd. (HUL) offset gains in information technology (IT) stocks. The BSE Sensex fell 70 points to close at 76,766, while the Nifty 50 slipped 11 points to 23,985. The Nifty Bank index declined 332 points to 56,756, while…
