IIFL Finance reported a strong performance for the fourth quarter on Wednesday, April 29, with net profit rising sharply to ₹586.8 crore from ₹207.7 crore a year ago, according to an exchange filing. Revenue grew 42.5% year-on-year to ₹3,693 crore compared to ₹2,591.2 crore. Asset quality showed improvement during the quarter, with gross NPAs easing…
Jana Small Finance Bank Ltd on Tuesday (April 29) reported a 13.3% year-on-year rise in fourth-quarter net profit at ₹140 crore, compared with ₹123 crore in the same period last year. Net interest income (NII) increased 26.5% to ₹736 crore in the March quarter, up from ₹581.5 crore a year earlier. The net credit cost…
Force Motors reported a mixed set of March quarter earnings on April 29, with profitability declining even as revenue growth and operating performance remained firm. Net profit for the quarter fell 40% year-on-year to ₹278.5 crore from ₹434.7 crore in the year-ago period. The decline comes despite a steady improvement in topline and margins, indicating…
Rajiv Bajaj has expressed his intention to step down as Non-Executive Director of Bajaj Finance and will not seek re-election at the company’s upcoming annual general meeting scheduled for July 30, 2026. The board has taken note of his decision and placed on record its appreciation for his long-standing contribution to the company. Separately, Bajaj…
The US Federal Reserve kept interest rates unchanged for the third consecutive meeting in a range of 3.5% to 3.75%, but the decision exposed deep divisions within the central bank. Governor Stephen Miran once again dissented, voting for a 25 basis point rate cut, marking his sixth such disagreement, while three other officials also opposed…
Oil prices extended their rally on Wednesday after reports that the US is preparing for an “extended” blockade of Iran, escalating fears over global supply disruptions. US West Texas Intermediate futures jumped around 7% to trade above $107 per barrel, while Brent crude surged nearly 7% to cross $119 a barrel, its highest level in…
KFin Technologies Limited reported a 22.9% year-on-year jump in revenue from operations at ₹3,473.3 million for Q4 FY26, compared to ₹2,827.0 million in the same quarter last year. The firm reported a net profit of ₹811.5 million in Q4 FY26, down 4.6% year-on-year from ₹850.5 million in Q4 FY25. The decline in profitability came despite…
Healthcare tech firm Indegene Ltd on Wednesday (April 29) reported a 32.2% year-on-year decline in fourth-quarter net profit at ₹79.7 crore, compared with ₹117.6 crore in the same period last year. Revenue for the quarter rose 32.8% year-on-year to ₹1,003.4 crore from ₹755.6 crore, marking the company’s first quarterly revenue above ₹1,000 crore. While revenue…
Waaree Energies Limited reported a strong performance for Q4 FY26, as its revenue for the quarter stood at ₹8,840.25 crore, reflecting a sharp 111.80% year-on-year growth. PAT for the quarter rose to ₹1,126.26 crore, marking a 74.76% year-on-year increase. Commenting on the results Jignesh Rathod, Whole Time Director & CEO, Waaree Energies Ltd said, “Waaree…
RPG Life Sciences Ltd on Wednesday (April 29) reported a 74.5% year-on-year decline in fourth-quarter net profit at ₹29.9 crore, compared with ₹117.35 crore in the same period last year. Revenue for the quarter rose 23.6% to ₹176.9 crore from ₹143.1 crore a year earlier. EBITDA increased 28.8% to ₹32.8 crore in the March quarter,…
