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…
Dodla Dairy reported its first quarter earnings on Saturday, July 25. Its net profit declined 35.6% to ₹41 crore in the first quarter from 63 crore last year. Its revenue came in at ₹1,198 crore, up 19% from the previous year’s ₹1,007 crore. The company’s earnings before interest, taxes, depreciation and amortization (EBITDA) declined 21.4%…
Persistent Systems has declared a final dividend of Rs 18 per share for FY26. (Pic Credit: Shutterstock/ETNOW) Dividend Stock Alert: Computers, software and consulting company Persistent Systems has announced a final dividend of Rs 18 per equity share for the financial year ended March 31, 2026. The dividend will be paid will be paid within…
“As a journalist, the details always tell the story” – this quote by American author and musician James McBride describes a scribe in a nut shell. Meet Shubhobrota Devroy, who carries this journalism sentiment in his heart. As an experienced business journalist, he is always on a steep learning curve in his profession. From macroeconomics,…
JSW Energy Ltd. shares declined on Wednesday after brokerage firm Motilal Oswal downgraded its rating on the stock and reduced its price target by 16.5%, post its first quarter earnings. The brokerage now has a “neutral” rating on the stock from the previous “buy” recommendation and has reduced its target to ₹550 per share from…
