Honda Motor posted its first annual loss in nearly 70 years as a listed company on Thursday, hit by more than $9 billion in costs to restructure its electric-vehicle business, and the firm scrapped its long-term EV sales target. Revealing its worst financial report since Honda listed on the stock market in 1957 underscores how…
Home-grown FMCG firm LT Foods Ltd on Thursday (May 14) reported a 15.5% year-on-year decline in consolidated net profit at ₹135.7 crore for the fourth quarter, compared with ₹160.5 crore in the same period last year. Revenue rose 30.4% year-on-year to ₹2,906.7 crore from ₹2,228.4 crore in the corresponding quarter. EBITDA increased 4.3% to ₹269.5…
United Spirits reported a steady set of fourth-quarter earnings on May 14, supported by continued premiumisation and improved operating performance, even as the company navigated policy-related disruptions in key markets. The liquor maker posted a net profit of ₹539 crore for the March quarter, up 28% from ₹421 crore in the year-ago period. Revenue rose…
Wall Street’s AI-fuelled rally showed no signs of cooling on Thursday, with futures tied to the S&P 500 and Nasdaq hovering near record highs as chip giant Nvidia surged closer to another historic milestone. At 18:19 IST, Dow futures climbed 415 points, or 0.8%, while S&P 500 futures gained 0.3%. Nasdaq 100 futures also advanced…
Kirloskar Oil Engines on Wednesday, May 14, reported a rise in fourth-quarter profit and revenue, driven by strong demand across its power generation and industrial businesses. The company posted a net profit of ₹158.6 crore for the quarter ended March 31, up 21% from ₹131 crore a year earlier. Revenue from operations rose 21% year-on-year…
Voltas Limited reported a sharp decline in its fourth-quarter earnings, with net profit falling 51.8% year-on-year to ₹116.2 crore compared with ₹241 crore in the same period last year. Despite the drop in profitability, the company posted a modest rise in revenue, which grew 2.5% to ₹4,887.8 crore from ₹4,767.6 crore on a YoY basis….
JSW Steel Q4 Results FY 2026: JSW Steel on Thursday (May 14) reported a more than two-fold jump in quarterly profit before exceptional items and tax, driven by a rebound in steel prices and healthy demand that overtook a rise in costs linked to the Iran war. The BSE 100 company’s revenue for Q4FY26 stood…
Rupee under pressure as oil price continues to stay elevated. (Image: iStock/ ET Now Digital) Rupee vs Dollar: The Indian rupee could weaken further and approach the psychologically significant 100 mark against the US dollar within the next six months if external pressures, particularly elevated oil prices, persist, according to Anil Kumar Bhansali, Head of…
Tata Motors PV Q4 results 2026, Tata Motors PV Dividend 2026: Tata Motors Passenger Vehicles Ltd on Thursday reported its earnings for the fourth quarter of the financial year 2025-26 and also declared a 150 per cent dividend for its shareholders. The Board of Tata Motors PV has announced a dividend of Rs 3 for…
Bharti Airtel will issue approximately 14.67 crore fully paid-up equity shares to ICIL on a preferential allotment basis. This represents 2.4 per cent of Airtel’s total outstanding equity (based on ~609 crore shares). Stake Changes in Bharti Airtel In return for the new Airtel shares, ICIL will transfer its entire holding in Airtel Africa: 59.5…
