Birla Corp reported its first quarter earnings on Saturday, July 25. Barring its revenue, its net profit, EBITDA and margin declined. The company’s net profit was down 3.2% at ₹115.7 crore form ₹119.6 crore last year. Its revenue in the first quarter increased 7.8% to ₹2,646.5 crore from ₹2,454.2 crore last fiscal. Its earnings before…
Landmark Cars has said it has received a letter of intent from JSW MG Motor India Pvt Ltd to open a new MG Experia showroom in Vastral, Ahmedabad. The dealership will be established by Aeromark Cars Pvt Ltd, Landmark Cars’ wholly-owned subsidiary. This would be the company’s 17th MG Motor outlet and will entail sales…
Shares of Oracle Financial Services Software Ltd. (OFSS) gained as much as 4% on Thursday, July 23, as the stock will react to its June quarter results that were reported after market hours on Wednesday. Oracle Financial is the only stock on the Nifty IT index that is trading with gains on a year-to-date basis….
Zydus Lifesciences on Thursday, July 23, said it has received approval to begin a Phase III clinical trial of its investigational drug Desidustat for treating anaemia in patients with sickle cell disease (SCD), in collaboration with the Indian Council of Medical Research (ICMR). The 203-day, double-blind, randomised, placebo-controlled, parallel, multicentre study will enrol 164 patients…
AU Small Finance Bank reported its first quarter results on Saturday, July 25. Its net profit increased 37% to ₹796 crore from ₹581 crore in the first quarter last fiscal. Its net interest income (NII) was up 31.8% as well at ₹2,695.5 crore from ₹2,044.7 crore in the previous year. The lender’s gross non-performing assets…
‘FII flows likely to remain volatile’ – Here’s what Bajaj Broking’s Pabitro Mukherjee said on equity markets, crude oil prices Source link
DLF has announced a final dividend of ₹8 per share (400%) for FY26. (AI Generated Image) DLF Dividend Alert: Real Estate company DLF has announced a final dividend of Rs 8 per equity share for the financial year ended March 31, 2026. The dividend will be paid will be paid on or before Tuesday, 1st…
Eternal has said in its June-quarter shareholder letter that Blinkit is now nearly as large as Zepto and Swiggy Instamart combined while remaining profitable, outlining why it believes its quick commerce business has established a clear lead over rivals. Backing its claim of market leadership, Eternal’s FY26 operating data showed Blinkit processed 916.6 million orders…
Rising crude oil prices and geopolitical tensions in the Middle East have increased uncertainty for global markets, but Emmer Capital Partners is not cutting its exposure to India. Instead, the investment firm believes investors should remain selective and focus on sectors where earnings are improving, while continuing to favour private sector banks over the long…
Shares of PTC Industries rose more than 4% on Thursday, July 23, after the company secured a design and development order from the Armament Research & Development Establishment (ARDE) for a Titanium Cradle for the 105mm Indian Light Weight Tank. ARDE is a laboratory under the Defence Research and Development Organisation (DRDO), The order marks…
