In the latest episode of CNBC-TV18 and Cisco’s Digital Resilience Dialogues, the head of India’s clearing backbone and a technology infrastructure leader examine what keeps national financial systems running when failure carries systemic consequences. Digital Resilience Dialogues, hosted by Cisco in association with CNBC-TV18, works best when it gets past the vocabulary of transformation and…
Dr Lal PathLabs reported a mixed set of Q4 results on Thursday, April 30, with strong revenue growth offset by pressure on profitability margins. The diagnostic chain’s net profit declined 15.2% year-on-year to ₹131.3 crore versus ₹154.8 crore in the same period last year. However, revenue rose 16.6% to ₹702.7 crore from ₹602.6 crore, indicating…
The equity benchmark indices ended the week largely higher, with the Sensex and Nifty posting gains for the week, even as a sharp selloff on Thursday (April 30) dragged the Nifty below the 24,000 mark and pulled the Sensex down 583 points. The Nifty Bank index fell more than 2% for the week, while the…
Equitas Small Finance Bank reported a strong March quarter performance, marked by a sharp rise in profitability and continued improvement in asset quality, indicating a steady recovery in its core operations. Net profit surged to ₹213 crore in Q4, compared with ₹42 crore in the year-ago period, reflecting a significant improvement in earnings. Net interest…
Adani Enterprises Ltd on Thursday (April 30) reported a net loss of ₹220.7 crore for the fourth quarter, compared with a profit of ₹3,844.9 crore in the year-ago period, even as revenue rose 20.3% year-on-year. Revenue for the quarter stood at ₹32,439.3 crore, up from ₹26,965.9 crore in the corresponding period last year. EBITDA rose…
Shares of PCBL Chemical Ltd. declined over 3% on Thursday, April 30, after the company reported a weak set of earnings in the fourth quarter. The company’s earnings declined across all parameters — net profit, revenue, EBITDA and margin. The company’s net profit declined 59.8% to ₹40.3 crore in the fourth quarter from ₹100.2 crore…
Healthcare major Aster DM Healthcare Ltd on Thursday (April 30) reported a 77.4% year-on-year rise in consolidated net profit for the fourth quarter at ₹140.2 crore, compared with ₹79 crore in the same period last year. Revenue for the quarter increased 18.2% to ₹1,182.4 crore from ₹904.7 crore a year earlier. EBITDA grew 21.1% to…
KSB Ltd reported a weak set of Q4 numbers, with net profit declining 23% year-on-year to ₹40 crore from ₹52 crore. Revenue, however, saw a marginal increase of 1% to ₹601 crore compared with ₹595 crore in the same period last year. The company’s operating performance remained under pressure, with EBITDA falling 25% YoY to…
Reliance Retail Ltd (RRL) has acquired Anomaly, the global haircare brand founded by actor and entrepreneur Priyanka Chopra Jonas, as part of its ongoing expansion in the beauty and personal care segment, the company said in a filing. The transaction includes the acquisition of Anomaly’s trademarks, brand assets, and digital properties, giving Reliance Retail full…
India’s largest shadow bank, Bajaj Finance, expects additional provisioning of ₹300 crore to ₹400 crore every year due to its prudent flooring norms and remains comfortable with the impact, its CFO and COO, Sandeep Jain, told CNBC-TV18. In the third quarter of FY26, Bajaj Finance implemented a minimum Loss Given Default (LGD) floor across all…
