IREDA has reported its highest-ever profit after tax at Rs 1873 crore for the financial year 2025-26, marking a major milestone in the company’s growth journey under the leadership of Chairman and Managing Director Shri Pradip Kumar Das. Under his leadership, the Indian Renewable Energy Development Agency (IREDA) has strengthened its position as a key…
State-owned iron ore miner NMDC Ltd reported a 36% year-on-year rise in consolidated net profit for the fourth quarter ended March 2026, driven by strong growth across its iron ore and steel-related businesses. Net profit for the quarter stood at ₹2,017.6 crore, compared with ₹1,483.2 crore in the corresponding period last year. Revenue from operations…
NMDC Q4 Results 2026: State-run mining major NMDC Limited reported a strong performance for the March quarter, with net profit rising nearly 16 per cent sequentially and revenue witnessing a sharp jump driven by improved operational performance. According to the company’s stock exchange filing released on Friday, consolidated net profit for the fourth quarter of…
PB Fintech on Friday (May 29) saw a block deal in which founders Yashish Dahiya and Alok Bansal sold 38 lakh shares, equivalent to a 0.82% stake (38 lakh shares) in the company, for about ₹665 crore. The shares were sold at an average price of ₹1,751 per share. Among the buyers, St. James’s Place…
State-owned Power Grid Corporation of India Ltd (Power Grid) on Friday, May 29, said it has acquired Tumkur II RE Transmission Ltd (TRETL) on May 29, 2026, after emerging as the successful bidder under the tariff-based competitive bidding (TBCB) process. The acquisition was completed through the bid process coordinator, PFC Consulting Ltd (PFCCL), under the…
Auto components maker Lumax Auto Technologies reported a 51% year-on-year rise in consolidated net profit for the fourth quarter at ₹88.1 crore, compared with ₹58.4 crore in the corresponding period last year, aided by strong revenue growth and improved operating performance. 2 Min Read Continue Reading (Edited by : Prashant) First Published: May 29, 2026 7:31…
Infrastructure company PNC Infratech Ltd on Friday (May 29) said it has been declared the L1 (first lowest) bidder for an engineering, procurement and construction (EPC) project worth ₹302.44 crore, excluding GST, awarded by the Airports Authority of India (AAI). The company said it has secured the bid for the project involving cityside works, including…
Glenmark’s Q4FY26 profit surged to ₹301.4 crore, marking a rise of over 6,400% from ₹4.6 crore a year earlier. Shares of Glenmark Pharmaceuticals Ltd ended at ₹2,274.25, down by ₹108.40, or 4.55%, on the BSE today, May 30. 1 Min Read Glenmark Pharmaceuticals Ltd on Friday (May 29) reported a sharp surge in consolidated net…
Stocks edged higher on Friday, May 29, extending a record-setting run as investors tracked developments in US-Iran negotiations and a fragile ceasefire, while crude oil prices slipped on easing supply concerns. The S&P 500 and Nasdaq Composite rose 0.2% each, while the Dow Jones Industrial Average gained 170 points, or 0.3%, with all three benchmarks…
Olectra Greentech on Friday, May 29, reported a sharp rise in fourth-quarter earnings, with net profit more than doubling to ₹56 crore from ₹21 crore in Q4FY25, driven by strong revenue growth across its mobility and energy businesses. Revenue from operations rose 43.6% year-on-year to ₹644.7 crore compared with ₹448.9 crore a year ago. EBITDA…
