Symphony Ltd. reported a consolidated net loss of ₹218 crore for the fourth quarter, compared with a net profit of ₹79 crore a year earlier, largely due to impairment charges linked to its Australian business. Revenue from operations declined 30.7% year-on-year to ₹338 crore in the March quarter from ₹488 crore in the corresponding period…
Power Grid Corporation of India on Friday, May 15, reported a 9.7% year-on-year rise in consolidated net profit for Q4FY26, at ₹4,546.3 crore, beating the CNBC-TV18 poll estimate of ₹4,451 crore. Net profit stood at ₹4,143 crore in the corresponding quarter last year. However, revenue from operations declined 5% year-on-year to ₹11,666 crore from ₹12,275…
Cochin Shipyard reported a mixed set of earnings for the March quarter on May 15, with revenue and net profit declining year-on-year, although margins improved sharply on the back of stronger operating performance. The company posted a net profit of ₹277 crore for Q4 FY26, down 3.7% from ₹287 crore in the corresponding quarter last…
Premier Energies reported a 64.4% year-on-year rise in consolidated net profit for the fourth quarter ended March 31, 2026, at ₹456.8 crore compared with ₹277.8 crore in the year-ago period, driven by strong growth in revenue. Revenue from operations increased 37.6% year-on-year to ₹2,230.3 crore from ₹1,620.8 crore in Q4 FY25. EBITDA rose 27.7% to…
Adani Ports and Special Economic Zone Ltd (APSEZ) on May 15, 2026 said its step-down subsidiary, The Adani Harbour International FZCO (TAHID), has entered into a share purchase agreement to acquire a 51% stake in Meridian Transportes Marítimos S.A. from Logística y Servicios Marítimos S.A. and Simpo S.A. The acquisition is aimed at strengthening APSEZ’s…
Commercial vehicle maker Tata Motors Ltd on Friday (May 15) said it has acquired around 18% equity stake in Freight Commerce Solutions Private Ltd (Freight Tiger) through a secondary purchase from existing shareholders for an aggregate consideration of approximately ₹95.66 crore. The stake has been purchased from Lightspeed India Partners I LLC, Florintree Infra LLP…
Cigarette maker Godfrey Phillips India Ltd on Friday (May 15) reported an 86.7% year-on-year rise in consolidated net profit for the fourth quarter to ₹521.4 crore from ₹279.3 crore in the same period last year. Revenue for the quarter increased 13.6% year-on-year to ₹1,787.3 crore compared with ₹1,573.4 crore in the year-ago quarter. EBITDA rose…
Industrial engineering company John Cockerill India Ltd on Friday (May 15) said it has received an order from JSW Steel Coated Products Ltd for the design, manufacturing, supply, supervision of erection and commissioning of a pickling line, two-stand cold rolling mill and galvanising line (cold rolling complex), as per the agreed technical scope of supply….
US stocks extended losses in Friday’s trading session, with the benchmark S&P 500 falling 1% to wipe out nearly $790 billion in market capitalisation, while the Nasdaq Composite declined 1.3%, erasing about $500 billion amid a sharp selloff in technology shares. The Dow Jones Industrial Average also slipped 515 points, or 1%, as investors turned…
Sugar firm Balrampur Chini Mills Ltd on Friday (May 15) reported a 30.4% year-on-year decline in consolidated net profit for the fourth quarter to ₹160 crore from ₹229 crore in the same period last year. Revenue for the quarter increased 6.7% year-on-year to ₹1,604 crore compared with ₹1,504 crore in the corresponding quarter of the…
