Amazon.com Inc. unveiled a suite of logistics services that will let businesses buy its existing freight and distribution offerings as a package, sending shares of rival delivery companies such as FedEx Corp. and United Parcel Service Inc. lower. The world’s largest online retailer on Monday (May 4) announced Amazon Supply Chain Services (ASCS), offering other…
Gold loan financier Manappuram Finance Ltd on Monday (May 4) reported a consolidated net profit of ₹404 crore in the fourth quarter, compared with a loss of ₹191 crore in the same period last year. Net interest income (NII) rose 2.6% year-on-year to ₹1,504.3 crore from ₹1,465.6 crore earlier. Also Read: Here’s why Manappuram, Muthoot…
Tata Technologies reported a steady set of numbers for the March quarter, with profit and revenue growth remaining healthy, even as margins moderated on a year-on-year basis. Net profit rose 8.1% to ₹204 crore, compared to ₹189 crore in the same period last year. Revenue grew a robust 22.3% to ₹1,572.2 crore, reflecting broad-based demand…
Petronet LNG Limited reported a strong sequential performance in the March quarter on May 4, with profitability surging despite a decline in revenue. The company’s net profit rose 57.7% quarter-on-quarter to ₹1,338 crore, compared with ₹848.3 crore in the previous quarter. EBITDA also saw a sharp increase of 55.3% to ₹1,861.6 crore, up from ₹1,199…
L.G. Balakrishnan & Bros Ltd. on Monday, May 4, reported a 17% year-on-year fall in its net profit to ₹70 crore in Q4FY26, compared with ₹84 crore in the year-ago period. Revenue rose 21.8% to ₹815 crore from ₹669.2 crore, driven by growth across segments. Earnings before interest, tax, depreciation, and amortisation (EBITDA) increased 13.2%…
Bombay Dyeing and Manufacturing Company Ltd on Monday (May 4) said it has received an assessment order from the Assessment Unit of the Income Tax Department for Assessment Year 2023–24, enhancing its taxable income by ₹574.35 crore. The enhanced income has been set off against available tax losses. The company said a tax demand notice…
Aarti Industries Limited reported a strong March quarter performance, with robust growth in profitability and margins despite a challenging global backdrop. Net profit rose 42.7% year-on-year to ₹137 crore, compared with ₹96 crore in the same period last year. Revenue increased 13.2% to ₹2,206 crore, while EBITDA grew 30.4% to ₹343 crore. Operating margins expanded…
Investment firm IIFL Capital Services Ltd on Monday (April 4) reported a 10.3% year-on-year decline in net profit for the fourth quarter at ₹115 crore, compared with ₹128 crore in the same period last year. Net interest income (NII) rose 17.7% year-on-year to ₹581.55 crore from ₹493.92 crore earlier. IIFL Capital reported consolidated operating revenue…
Dynacons Systems & Solutions Ltd has secured a major contract from the Reserve Bank of India worth ₹750.82 crore (including GST) for building private cloud infrastructure for its data centres. The project involves the supply, installation, implementation, integration and long-term management of private cloud infrastructure as part of the central bank’s next-generation data centre (NGDC)…
Q4 Results LIVE Updates: Amubja Cements, Manappuram Finance, Godrej Properties, Aditya Birla Capital, Tata Technologies, KEI Industries, Jindal Stainless, BHEL, Aarti Industries, Sobha, Quess Corp, Tata Chemicals, Wockhardt, are among the companies reporting their earnings today. Also watch for earnings reactions from Avenue Supermarts, Kotak Mahindra Bank, CDSL, NSDL, Zen Technologies, Mazagon Dock and others….
