Early signs of recovery in urban demand, says ITC
The net profit of 32 scheduled commercial banks (SCBs) grew by 21.2 per cent year-on-year (Y-o-Y) but dipped 2.4 per cent sequentially
Company board approves purchase of 80 per cent share in step-down subsidiary Tergene Biotech
State-owned NMDC on Thursday reported a 29 per cent rise in consolidated net profit to Rs 1,896.66 crore in the October-December quarter of 2024-25, mainly driven by higher income. It had reported a profit of Rs 1,492.73 crore in the October-December period of 2023-24. Total income rose by 21 per cent to Rs 6,942.92 crore in the third quarter of FY25 compared to Rs 5,746.47 crore in the year-ago period, the company said in an exchange filing. Total production in the quarter rose by 9 per cent to 13.29 million tonnes (MT) over 12.22 MT in the same quarter last year. Sales rose by 5 per cent to 11.94 MT in the December quarter from 11.39 MT in Q3FY24. NMDC CMD Amitava Mukherjee said, "We have entered the fourth quarter of FY25 on a strong momentum. Despite challenges faced this financial year, NMDC's results remain positive on a sequential basis, strengthening a growth trajectory." For the April-December period, the company's profit rose to Rs 5,055.64 crore, up 22 per cent from Rs
The 'Gold Flake' cigarette maker reported a profit of 56.38 billion rupees ($643.69 million) for the third quarter ended December 31, compared with 55.72 billion rupees a year earlier
Hero's motorcycle and scooter sales grew just 0.3% in the quarter, marking their weakest growth since July-September 2022
The company, whose clients include Maruti Suzuki and Tata Motors, said its profit fell to 1.40 billion rupees (about $16 million) in the quarter from 1.68 billion rupees a year earlier
The company's revenue from operations rose 17% to 16.82 billion rupees, led by a 17% jump in its agricultural business, which includes all types of rice apart from seed and bran
Bharti Airtel Results Today: The telecom services provider could report "industry-leading" financials with a healthy growth in average revenue per user (Apru), subscriber base, and margin expansion
The company, formed by the merger of PVR and Inox labels, posted a consolidated net profit of 359 million rupees ($4.10 million) in the quarter ended December 31
Solar Industries shares fell today with over 12,000 shares changing hands on the BSE as against a two-week average volume of 4,000 shares
VRL Logistics share: The sharp upmove in VRL Logistics share price came after the company released its Q3 results after market hours on February 5, 2025
SBI Q3 results 2025: State Bank of India (SBI) is scheduled to report its Q3 results on Thursday, February 6.
Revenue for the quarter grew 27.5 per cent to Rs 553 crore, compared to a year earlier
Nykaa Q3 results preview: Analysts and investors will keep an eye on management's commentary fashion segment, unwinding on working capital and competitive landscape shift
Co-working major WeWork India, which plans to launch an initial public offering (IPO), has posted a profit of Rs 174.13 crore in the first six months of this fiscal amid rising demand for premium flexible workspace. Total income stood at Rs 960.76 crore during the April-September period of the current 2024-25 financial year, according to the company's Draft Red Herring Prospectus (DRHP) filed with Sebi last week. The comparative figures are not available. In the full 2023-24 fiscal, WeWork India posted a net loss of Rs 135.83 crore over a total income of Rs 1,737.16 crore. Net debt of WeWork India Management Ltd, which filed preliminary papers with Sebi last week to float an IPO, stood at Rs 316.95 crore as on January 15, 2024, the DRHP said. Established in 2017, WeWork India is promoted by Bengaluru-based real estate company Embassy Group. It has the exclusive licensee of the 'WeWork' brand in India. In WeWork India, Embassy Group has around 76.21 per cent stake while WeWork Glo
Alembic's revenue from operations rose to Rs 1,692.74 crore in Q3FY25, a 3.8 per cent Y-o-Y increase from Rs 1,630.57 crore in Q3FY24
Tata Chemicals said it incurred a non-cash writedown on assets aggregating to 700 million rupees with respect to its UK operations
Hindustan Media Ventures Ltd (HMVL) on Monday reported a consolidated profit after tax of Rs 18 crore in the December quarter. The company had posted a loss after tax of Rs 0.82 crore in the October-December period a year ago, according to a regulatory filing by HMVL, the publisher of Hindi daily Hindustan. Its revenue from operations rose 8 per cent to Rs 197.47 crore in the third quarter. It stood at Rs 182.95 crore in the corresponding period a year ago. Total expenses of HMVL were Rs 201.68 crore, down 3.2 per cent in the December quarter. Its revenue from printing & publishing of newspapers & periodicals was Rs 179.72 crore. HMVL's revenue from Digital jumped four-fold to Rs 16.72 crore in the December quarter against Rs 4.18 crore in the corresponding quarter. Total income of HMVL, which includes other income, was Rs 221.39 crore, up 7.2 per cent. Shares of Hindustan Media Ventures Ltd settled at Rs 94.01 apiece, up 12.69 per cent from the previous close.
Its revenue from operations climbed 25 per cent to Rs 2,319 crore during the quarter, roughly in line with analysts' estimate of Rs 2,343 crore