Walmart issued a weaker-than-expected financial guidance on Thursday, May 21, despite reporting first-quarter results that beat revenue estimates, raising fresh concerns around the US consumer as higher fuel prices continue to pressure household budgets. The retailer maintained its fiscal 2027 outlook, but it fell short of Street expectations. Walmart said it expects adjusted earnings per…
The Supreme Court of India has stayed further proceedings in a GST input tax credit (ITC) matter involving a tax demand of ₹890.52 crore against Tata Steel Ltd. for FY19 to FY21, the company said in an exchange filing on Thursday, May 21. The dispute relates to a demand-cum-show cause notice issued by the Office…
LIC Bonus Issue 2026 News: Shares of India’s insurance giant Life Insurance Corporation of India (LIC) might remain in focus in the upcoming days as the company has set the record date for the bonus issue. LIC, a constituent of BSE 200, informed about the corporate action in an exchange filing today, May 21. In…
India’s insurance giant Life Insurance Corporation of India (LIC) today announced its earnings for the fourth quarter ended March 31, 2026. The company has also announced a dividend for its shareholders. Net premium Income up 11.5% at 1,65,067 cr in Q4 FY26 vs Rs 1,47,917 cr in Q4 FY25 Read Full Article PAT up 23%…
Water technology company VA Tech Wabag Ltd on Thursday (May 21) reported a 29% year-on-year increase in standalone net profit to ₹128.3 crore, compared with ₹99.5 crore in the corresponding quarter last year. Revenue rose 22.3% year-on-year to ₹1,414.4 crore from ₹1,156.2 crore, while EBITDA increased 11.8% to ₹157.4 crore from ₹140.8 crore. EBITDA margin…
Sun TV Network Ltd reported a subdued set of fourth-quarter earnings, with profit falling sharply amid weaker revenue growth, softer margins and the impact of certain one-off items during the quarter. The broadcaster posted a net profit of ₹232 crore for the March quarter, down 37.4% from ₹370.8 crore in the year-ago period. Revenue from…
State-run fertiliser producer Rashtriya Chemicals and Fertilizers Ltd (RCF) reported a strong set of fourth-quarter earnings, with profit more than doubling on the back of robust revenue growth and improved operating performance. The company posted a net profit of ₹186.7 crore for the March quarter, compared with ₹72.5 crore in the year-ago period. Revenue from…
Q4 Results LIVE Updates: ITC, Aurobindo Pharma, LIC, LG Electronics, Ashoka Buildcon, Bikaji Foods, Datamatics, Engineers India, GMM Pfaudler, Happy Forgings, Honasa Consumer, Ixigo, Nykaa, Page Industries, Ramco Cements, Max Healthcare, Prestige Estates, MTNL, Sun TV, Quick Heal, RCF, WeWork, VA Tech Wabag, are among the companies reporting their earnings today. The street will also…
ITC Limited announced its earnings for the fourth quarter of the financial year today, May 21. Along with the quarterly results, the FMCG giant might also declare a dividend for its shareholders. Recommends Final Dividend of Rs 8 per share Read Full Article Profit at Rs 5,113.3 cr in Q4 FY26 vs Rs 4,874.9 cr…
30-share BSE Sensex declined 135.03 points or 0.18 per cent to close at 75,183.36, while NSE Nifty slipped 4.30 points or 0.02 per cent to settle at 23,654.70, respectively. Dilip Parmar, Research Analyst at HDFC Securities, said, “The Indian rupee snapped a nine-day losing streak to emerge as Asia’s top-performing currency. This recovery follows a…
