CKA Birla Group company Birlasoft reported a 51.2% year-on-year jump in consolidated net profit for the first quarter of FY27, helped by higher revenue and a sharp improvement in operating profitability. The company’s net profit stood at ₹160.9 crore for the quarter ended June 30, 2026, compared with ₹106.4 crore a year earlier. Revenue from…
Infrastructure major Larsen & Toubro Ltd (L&T) on Tuesday (July 28) reported a 14% year-on-year increase in consolidated profit after tax (PAT) at ₹4,123 crore for the quarter ended June 30, 2026, compared with ₹3,617 crore in the year-ago period. The profit was above the CNBC-TV18 poll estimate of ₹3,490 crore. Consolidated revenue stood at…
L&T Q1 results: Engineering and construction major Larsen & Toubro (L&T) on Tuesday has reported a double-digit growth in consolidated net profit for the first quarter of FY27. L&T Q1 results The company’s consolidated profit for Q1 FY27 (April-June 2026) stood at Rs 4,123 crore, marking a 14 per cent increase from Rs 3,617 crore…
Large-cap stocks are poised for a recovery as foreign institutional investor (FII) outflows moderate and corporate earnings remain resilient, while manufacturing, financials and premium consumption remain India’s strongest long-term investment themes, according to Abakkus Asset Management. In an interview with CNBC-TV18, Sanjay Doshi, Head of Investment and Research at Abakkus Asset Management, and Pratish Krishnan,…
Diversified agri firm DCM Shriram Ltd on Tuesday (July 28) reported a more than six-fold jump in profit after tax (PAT) for the quarter ended June 30, 2026, while revenue and operating profit posted year-on-year growth. The company’s profit after tax rose to ₹692.7 crore in the first quarter, compared with ₹113.3 crore in the…
AstraZeneca Pharma India on Tuesday, July 28, said it has received permission from the Central Drugs Standard Control Organisation (CDSCO) to import for sale and distribution of Trastuzumab Deruxtecan. The drug is used in breast cancer treatment. The company, in an exchange filing, said it has received permission from the CDSCO for the drug’s 100mg/5ml…
After years of delays, homegrown pharma major Cipla Ltd has finally won US Food and Drug Administration (USFDA) approval for its generic version of the respiratory drug Advair—once one of the most anticipated launches in its US portfolio. The company had originally guided for a launch in H2 FY23, nearly four fiscal years ago, but…
Zerodha CEO Nithin Kamath on Closing Auction Session. The Indian stock exchange will introduce a Closing Auction Session (CAS) for stocks with futures and options (F&O) contracts from Monday, August 3, which marks a big change in how closing prices are determined. Zerodha co-founder and CEO Nithin Kamath detailed the implications for traders and the…
Stock Market Closing Bell: Buying in IT stocks supported the positive trend in the markets. Stock Market Closing, July 28: Market benchmark indices Sensex and Nifty climbed in early trade on Tuesday on lower crude oil prices amid easing geopolitical worries in West Asia. However, the market closed in red. Stock Market Closing Today On…
Shares of Pine Labs jumped to the day’s highs on Tuesday, July 28, gaining as much as 4%, after the company reported an improvement in profitability for the June quarter, compared to the same quarter last year. Pine Labs’ consolidated net profit nearly quadrupled year-on-year to ₹19.6 crore from ₹5 crore, while revenue from operations…
