MOIL Limited reported a decline in profitability for the March quarter, even as revenue saw modest growth. Net profit for Q4 fell 20% year-on-year to ₹92.6 crore, compared with ₹115.7 crore in the same period last year. The drop in earnings came despite a marginal increase in topline performance. Revenue rose 2.6% to ₹444.5 crore…
1 / 10 Adani Power | The thermal power producer reported a sharp rise in profitability for the March quarter, even as revenue growth remained muted and operating performance softened slightly. Net profit for the quarter rose 52% year-on-year to ₹4,017 crore, compared with ₹2,637 crore in the same period last year. 2 / 10…
Realty firm Brigade Enterprises Ltd on Wednesday (April 29) said the company and Bain Capital have formed a 50:50 joint venture to develop a premium mixed-use project in Whitefield, Bengaluru. The project will be developed on an approximately 11-acre land parcel with a total investment of around ₹2,200 crore. It will be located on ITPL…
Graphite electrode maker HEG Ltd on Wednesday (April 29) reported a net loss of ₹113.7 crore for the fourth quarter, compared with a loss of ₹73.7 crore in the corresponding period last year. Revenue for the quarter rose 12.4% year-on-year to ₹603.2 crore, compared with ₹536.6 crore in the same period last year. EBITDA loss…
Following Tuesday’s brief pullback, the Nifty 50 resumed its uptrend on April 29, opening over 100 points higher and extending gains to an intraday high of 24,337 in early trade. The momentum, however, faded in the second half as lack of follow-through buying triggered profit booking, trimming nearly 190 points from the day’s peak. The…
Larsen & Toubro Limited has executed a Share Purchase Agreement with Hyderabad Metro Rail Limited for the sale of its entire shareholding in L&T Metro Rail (Hyderabad) Limited for a consideration of ₹1,461.47 crore, the company said in an exchange filing. The company added that upon completion of the transaction, L&T Metro Rail (Hyderabad) Limited…
Non-banking financial company NBFC MAS Financial Services Ltd on Wednesday (April 29), reported a 23.4% year-on-year rise in its Q4 standalone net profit at ₹99.7 crore, compared with ₹80.8 crore in the fourth quarter of FY25. The standalone net interest income (NII) increased 29% to ₹292.2 crore from ₹226.3 crore in Q4FY25. On a standalone…
HUL Q4FY26 Preview: Hindustan Unilever (HUL) is expected to report stable performance for the fourth quarter ended March 2026 (Q4 FY26). Revenue is expected around Rs 16,280 crore, compared to Rs 15,670 crore in the same quarter last year, with a growth of about 4 per cent (QoQ). The EBITDA is expected at Rs 3,754…
Robert Kiyosaki, author of ‘Rich Dad Poor Dad’, in a new post on X, reiterated his warning about what he calls the biggest market crash in history. Echoing his earlier views, he describes economic downturns as opportunities to build wealth and encourages buying during market dips. He described the potential downturn as a possible “Great…
US Federal Reserve begins FOMC meeting, markets expect rates to stay at 3.5-3.75, focus on Jerome Powell press conference amid inflation and US-Iran conflict risks US Fed Policy Live Update Today: The US Federal Reserve kicked off its two-day rate-setting meeting on April 28, with global markets bracing for its latest policy call amid rising…
