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BusinessOct 17, 2025 05:31 PM

PCBL Chemical's Q2 profit falls 50 pc to Rs 61.7 crore

MUMBAI: PCBL Chemical Limited, a part of the RPSG Group, on Friday reported a 50 per cent year-on-year (YoY) to Rs 61.7 crore in the July-September quarter (Q2 FY26), compared to Rs 123 crore in the same period last financial year (Q2 FY25). Revenue for the quarter remained almost unchanged at Rs 2, 163 crore, according to its stock exchange filing. Operational performance also weakened during the quarter. The company's earnings before interest, tax, depreciation and amortisation (EBITDA) fell ...Read More >

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BusinessOct 16, 2025 02:59 PM

KEI Industries shares crash 9% despite reporting 31% growth in Q2 net profit

KEI Industries' shares fell 9% to Rs 4,032 despite strong Q2 FY26 results. Net profit rose 31.3% to Rs 204 crore, supported by revenue growth, while EBITDA was muted. Analysts maintain a Buy rating, citing robust demand in cables. Investors await commentary on volumes, margins, and Sanand plant timelines. Shares of KEI Industries slipped as much as 9% to their day's low of Rs 4,032 in morning deals on Thursday, October 16, even as the company reported a strong set of numbers for the second quar ...Read More >

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BusinessOct 16, 2025 09:34 AM

UK's Investec initiates coverage on Adani Ports, sees up to 23% upside

UK-based Investec initiated coverage on Adani Ports with a buy rating and a target price of Rs 1,715, implying 23.5% upside from the previous close. The brokerage highlighted strong organic growth potential, efficient operations, a robust balance sheet, and deleveraging, projecting 15% revenue CAGR over FY25-30. Adani Ports' integrated logistics and marine services further enhance long-term growth prospects. UK-based Investec became the latest brokerage to initiate coverage on Adani Ports and S ...Read More >

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BusinessOct 14, 2025 04:31 PM

IREDA Q2 Results: Cons profit jumps 41% YoY to Rs 549 crore; stock rises 4%

Indian Renewable Energy Development Agency (IREDA), the public sector power financier, on Tuesday posted a consolidated net profit of Rs 549.33 crore for Q2 FY26, up 41.5% year-on-year (YoY) from Rs 388 crore in the same quarter last year. Post earnings announcement, shares of the company rose 4% to the day's high of Rs 155.85 on the BSE. Revenue from operations rose 26.2% YoY to Rs 2,057 crore, compared with Rs 1,629.55 crore in Q2 FY25, the company said in an exchange filing. Asset quality ...Read More >

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BusinessOct 13, 2025 01:43 PM

Avenue Supermarts Q2 results: DMart parent reports 4% rise in profit, 15.5% growth in revenue

Avenue Supermarts, which operates the retail chain DMart, reported its financial results for the September quarter on Saturday, October 11. The company posted year-on-year growth across key parameters, with steady improvement in profitability and operating performance. The company's net profit stood at Rs 685 crore, compared to Rs 659 crore in the same quarter last year -- an increase of 3.9% year-on-year (YoY). Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) rose 11% to ...Read More >

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BusinessOct 13, 2025 01:43 PM

Waaree Renewable Technologies shares soar 10% as profit more than doubles in Q2

Waaree Renewable Technologies shares: It reported a more than twofold jump in consolidated net profit to Rs 116.34 crore in Q2 FY25 from Rs 53.51 crore a year earlier, driven by record revenues and strong project execution. The company attributed the performance to sectoral tailwinds and its expansion into new energy segments such as battery storage systems and data centres. Shares of Waaree Renewable Technologies rallied as much as 10% to their day's high of Rs 1,244 per share on the NSE on Mo ...Read More >

Odisha News, Odisha Latest news, Odisha Daily - OrissaPOST - Business - News Image
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BusinessSep 30, 2025 11:49 AM

Verse Innovation reports 88% consolidated revenue growth, cuts burn by 20% - OrissaPOST

New Delhi: VerSe Innovation, India's one of the leading local-language technology and AI-driven platforms, has reported strong financial and operational performance for FY25. According to the company, it achieved 88% year-on-year consolidated growth in revenue from operations, alongside a 20% reduction in EBITDA burn, while expanding monetisation, geographic reach, and operational efficiency -- paving the way for sustainable, profitable scale. These audited accounts were reportedly approved by ...Read More >

News Nation English - Business - News Image
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BusinessSep 30, 2025 11:25 AM

VerSe Innovation achieves 88% Revenue Growth; Cuts Burn by 20%, Poised for Group-Level Profitability...

Bengaluru (Karnataka) [India], September 30: VerSe Innovation, India leading local language technology platform and AI-driven tech company, closed FY25 with robust financial and operational performance. The company delivered strong revenue growth of 88 year-on-year alongside a 20 reduction in EBITDA burn, strengthened monetization and geographic expansion, and accelerated operational efficiency to lay the groundwork for profitable, sustainable scale. FY25 Performance Highlights: Growth, Efficie ...Read More >

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BusinessTechnologySep 29, 2025 02:10 AM

PM Modi to unveil BSNL's 'Swadeshi' 4G network on September 27

India achieves a significant milestone as Prime Minister Narendra Modi inaugurates BSNL's indigenous 4G network on September 27. This positions India among a select group of nations capable of manufacturing their own telecom equipment. The nationwide rollout across 98,000 sites will connect approximately 29,000 to 30,000 villages, marking a new era for India's telecom sector. New Delhi, Prime Minister Narendra Modi will inaugurate the state-run telecom company BSNL's fully indigenous 4G network ...Read More >

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BusinessSep 26, 2025 12:57 PM

Business News | PM Modi to Launch BSNL's 4G Stack, Saturation Project Tomorrow: Jyotiraditya Scindia...

New Delhi [India], September 26 (ANI): Union Minister of Communications Jyotiraditya Scindia on Friday said that Prime Minister Narendra Modi will launch two landmark initiatives on on September 27--BSNL's indigenous 4G stack and the country's 100 per cent 4G saturation project under the Digital Bharat Nidhi scheme. Scindia announced that the 4G stack will be deployed across nearly 98,000 sites nationwide, covering every part of the country. "Our 4G towers and BTSs are already serving 22 millio ...Read More >

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BusinessSep 26, 2025 12:43 PM

Business News | Ventive Hospitality to Acquire 76% Stake in Soham Leisure Ventures, Owner of Hilton ...

Pune (Maharashtra) [India], September 26: Ventive Hospitality Limited (BSE: 544321, NSE: VENTIVE) ("Ventive Hospitality") announced today that it proposes to enter into definitive agreements to acquire a 76% stake in Soham Leisure Ventures Pvt. Ltd. (Soham). Soham owns the 104 operational keys Hilton Goa Resort and a land parcel in Goa. Also Read | Pakistan PM Shehbaz Sharif, Field Marshal Asim Munir Wait 'Somewhere in the Oval' for Almost Hour To Meet Donald Trump (Watch Video). In line with ...Read More >

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BusinessSep 15, 2025 04:18 PM

Business News | Shreeji Shipping Registers Robust Q1 FY26 Performance; EBITDA Margin Rises by 811 Bp...

Mumbai (Maharashtra) [India], September 15: Shreeji Shipping Global Limited (NSE: SHREEJISPG, BSE: 544490), is a shipping logistics company focusing on dry-bulk cargo, has announced its unaudited financial results for Q1 FY25-26. Also Read | WWE Wrestlepalooza 2025 Match Card: Check List of Matches To Take Place in PLE at Gainbridge Fieldhouse in Indianapolis. Financial Highlights for the quarter ended June 30th, 2025 (Q1 FY26): * Revenue from Operations of the company stood at ₹161.19 Crore ...Read More >

The New Indian Express - Business - News Image
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BusinessAug 29, 2025 07:34 PM

Reliance Industries to more than double its operating profit by 2027: Mukesh Ambani

MUMBAI: Reliance Industries will more than double its Ebitda or operating profit by 2027, chairman Mukesh Ambani said, outlining the group's value creation roadmap that focuses on building new growth engines while strengthening existing businesses to ensure sustained, long-term value creation. Addressing shareholders at the company's 48th annual general meeting here Friday, he said 2027 will mark the 'golden decade' of the company when it turns 50. Ambani said that Reliance has already transfor ...Read More >

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BusinessAug 28, 2025 03:51 PM

Adani Group's loan ledger sees key change amid big transformation in financial strategy

The Adani Group has significantly increased its reliance on Indian lenders, with domestic banks and financial institutions now responsible for half of its staggering debt, which exceeds Rs 2.6 lakh crore, The Times of India reported on August 25. This marks a notable rise from 40% just a year ago, as the conglomerate navigates a changing financial landscape characterised by lower local funding costs and improved credit ratings, ToI's report (by Mayur Shetty) said. In the twelve months leading u ...Read More >

NewsDrum - Business - News Image
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BusinessAug 20, 2025 06:01 PM

Nazara Tech shares dive nearly 13 pc; OnMobile Global declines 3.53 pc

New Delhi, Aug 20 (PTI) Shares of Nazara Technologies tumbled nearly 13 per cent on Wednesday even as the company said it has no direct exposure to real money gaming (RMG) businesses. The stock of Nazara Technologies tanked 12.82 per cent to settle at Rs 1,221.65 apiece on the BSE. During the day, it dropped 15.97 per cent to Rs 1,177.45. Shares of Delta Corp, which tumbled 6.47 per cent to Rs 87.24 in intra-day trade, later bounced back and ended at Rs 93.83 each, up 0.59 per cent. OnMobile ...Read More >

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BusinessAug 20, 2025 05:58 PM

Gaming bill won't materially affect financials; no direct RMG exposure: Nazara

New Delhi, Aug 20 (PTI) Gaming and sports media company Nazara Technologies Ltd on Wednesday said it anticipates no material adverse impact on its operating financial performance from the Promotion and Regulation of Online Gaming Bill, 2025. Nazara has no direct exposure to real money gaming (RMG) businesses, it said in a regulatory filing. Nazara stated that as per its latest reported financials for the first quarter of the fiscal year 2025-26 (Q1 FY26), the contribution to its revenues and E ...Read More >

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BusinessAug 14, 2025 07:30 PM

Vodafone Idea Q1 Results: VI Net Loss Widens to INR 6,608 Crore, ARPU Increases to INR 177 | LatestL...

Mumbai, August 14: Vodafone Idea's losses grew in the June 2025 quarter (Q1 FY26) as the telecom operator reported a net loss of Rs 6,608 crore, compared to Rs 6,432 crore in the same period previous fiscal (Q1 FY25). However, the company's revenue from operations rose 5 per cent to Rs 11,023 crore, up from Rs 10,508 crore in the year-ago quarter, according to its stock exchange filing. The company's average revenue per user (ARPU) increased to Rs 177 during the quarter, compared to Rs 154 in Q ...Read More >

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BusinessAug 14, 2025 04:21 PM

Buy Solar Industries; target of Rs 17200: ICICI Securities

Solar Industries (SOIL)'s operating performance was in line with consensus' estimate. EBITDA, at INR 5.3bn, jumped 19% YoY driven by robust defence and exports, compensating for the subdued performance in mining and infra segments, which were impacted on account of monsoon arriving early. Defence revenue rose 115% YoY to INR 4,180mn while exports and overseas grew 42.7% YoY to INR 8,260mn. EBITDA margins were largely stable QoQ at 24.8% (~150bps dent due to hyper-inflation in Turkey and FX fluct ...Read More >

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BusinessAug 14, 2025 04:13 PM

IOCL's Q1 net profit surges 83 pc to Rs 6,808 crore

Mumbai, Aug 14 (SocialNews.XYZ) Maharatna public sector company Indian Oil Corporation Limited (IOCL) on Thursday posted an 83 per cent year-on-year (YoY) jump in consolidated net profit for the April-June quarter (Q1) of FY26. Net profit for Q1 FY26 came in at Rs 6,808.12 crore, up from Rs 3,722.63 crore in the same quarter previous fiscal (Q1 FY25), according to its stock exchange filing. However, the figure was lower than the Rs 8,367.63 crore profit recorded in the March 2025 quarter. Rev ...Read More >

News Nation English - Business - News Image
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BusinessAug 14, 2025 01:36 PM

Ventive Hospitality Begins FY26 with Strong Q1 Results

Pune (Maharashtra) [India], August 14: Ventive Hospitality Ltd (BSE: 544321, NSE: VENTIVE) announced its consolidated financial results for Q1 FY 2026, ending June 30, 2025. In Q1 FY 26, the company reported consolidated revenue of Rs. 520 crore, a growth of 181 year on year (yoy). Consolidated EBITDA2 was at Rs. 220 crore, a growth of 13 yoy. Consolidated EBITDA margin was at 42. Profit after tax was Rs. 38 crore. Ventive hospitality business generated revenue of Rs. 387 crore, a growth of 23 ...Read More >

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BusinessAug 14, 2025 01:34 PM

ReNew reports multifold growth in Q1 net profit to Rs 513 cr

New Delhi, Aug 14 (PTI) Clean energy firm ReNew has posted a multifold growth in net profit to Rs 513.1 crore for the June quarter, driven mainly by higher revenues from power sales. The homegrown company, listed on Nasdaq, had logged a net profit of Rs 39.4 crore in the April-June period of the preceding 2024-25 financial year. In the first quarter, the company said its total income (or total revenue) rose to Rs 4,118.2 crore (USD 480 million), compared to Rs 2,490.3 crore (USD 290 million) f ...Read More >

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BusinessAug 14, 2025 12:50 PM

Black Box reports 28 pc YoY growth in PAT for Q1 FY26 - Mangalorean.com

Mumbai: Black Box Limited, a leading provider of digital infrastructure solutions, announced its unaudited financial results for the quarter ended June 30, 2025. The Company delivered a resilient performance with year-over-year improvement in both operating profit and net profitability, despite the ongoing global tariff uncertainty that impacted project execution timelines. Building on the strong operational foundation laid in FY25, when the Company completed its multi-year turnaround and achie ...Read More >

The Times of India - Other Sports Entertainment Business Politics - News Image
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Rural demand remains robust in India in April-June, outlook optimistic: Report

New Delhi, Aug 14 (SocialNews.XYZ) Easing inflation and favourable monsoon boosted rural demand in India in the April-June period this year, outpacing urban consumption once again, according to a new report. According to the report by global research firm NielsenIQ, rural markets and small manufacturers propelled the packaged consumer goods sector in Q2 2025. Rural markets grew twice as fast as cities, as urban areas showed signs of recovery, particularly in smaller towns. According to the re ...Read More >

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BusinessAug 14, 2025 10:01 AM

Affordable Robotic and Automation Limited Reports Year-on-Year Improvement in Q1 FY2026 Performance ...

Mumbai - Affordable Robotic and Automation Limited (ARAPL) (BSE: 541402 | NSE: AFFORDABLE), a pioneer in industrial automation and smart robotic solutions, has reported a narrowing of net losses in the first quarter of FY26, supported by efficient cost management, steady demand, and a strong order pipeline. For the quarter ended June 30, 2025, ARAPL's standalone net loss stood at ₹3.60 crore, compared to ₹4.74 crore in the same period last year. Operating income was stable at ₹18.77 crore, vers ...Read More >

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Murder case: Top court cancels bail granted to wrestler Sushil Kumar

New Delhi: The Supreme Court on Wednesday set aside an order of bail to Olympic medallist and wrestler Sushil Kumar in a 2021 murder case of former junior national wrestling champion Sagar Dhankar at the Chhatrasal Stadium in the national capital. A bench of Justices Sanjay Karol and Prashant Kumar Mishra noted the allegations in the FIR, which said the national capital was made into a "criminal playground" to settle scores with no regard for the law of the land, and directed Kumar to surrender ...Read More >

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BusinessAug 14, 2025 02:13 AM

FirstCry parent Brainbees' net loss stands at Rs 66.5 crore in Q1

Mumbai: Omnichannel kidswear brand FirstCry's parent company, Brainbees Solutions, on Wednesday reported a consolidated net loss of Rs 66.5 crore for the first quarter (Q1) of FY26. This is 12 per cent lower than the Rs 75.6 crore loss recorded in the same quarter previous year (Q1 FY25), according to its stock exchange filing. On a sequential basis, the loss fell sharply by 41 per cent from Rs 111.5 crore in the previous March quarter (Q4 FY25). The company's operating revenue for the April- ...Read More >

punjabnewsexpress.com - Business - News Image
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BusinessAug 12, 2025 12:41 PM

Astral Ltd's shares tumble 8 pc on subdued Q1 results

NEW DELHI: Building materials and equipment company Astral Ltd's share price fell by nearly 8 per cent during the early trade on Tuesday after the firm reported a decline of over 30 per cent in its net profit for the first quarter of the current financial year (Q1 FY26). At around 11:43 a.m., the company's shares were trading at Rs 1, 282.70, down 7.16 per cent. The stock opened at Rs 1, 310.10, falling significantly against last session's closing of Rs 1, 381.60. The scrip further extended its ...Read More >

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BusinessAug 12, 2025 12:34 PM

Astral Ltd's shares tumble 8 pc on subdued Q1 results

New Delhi, Aug 12 (SocialNews.XYZ) Building materials and equipment company Astral Ltd's share price fell by nearly 8 per cent during the early trade on Tuesday after the firm reported a decline of over 30 per cent in its net profit for the first quarter of the current financial year (Q1 FY26). At around 11:43 a.m., the company's shares were trading at Rs 1,282.70, down 7.16 per cent. The stock opened at Rs 1,310.10, falling significantly against last session's closing of Rs 1,381.60. The scrip ...Read More >

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BusinessAug 08, 2025 04:33 PM

Signature Global Q1 FY26 Net Profit Jumps 386% YoY; Revenue More Than Doubles - APN News

New Delhi : Signature Global (BSE: 543990 | NSE: SIGNATURE), one of India's leading real estate development companies with a strong brand presence in Delhi-NCR, reported a 386% year-on-year increase in profit after tax (PAT), reaching INR 0.34 billion in Q1 FY26 compared to INR 0.07 billion in Q1 FY25. This growth was primarily driven by increased revenue recognition, which rose by 118% to INR 8.7 billion from INR 4.0 billion in the same quarter last year, owing to higher project completions. Th ...Read More >

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BusinessAug 08, 2025 04:27 PM

Pharmaceutical company Medistep Healthcare's IPO Price Fixed at Rs.43 Per Share; Issue Opens tomorro...

New Delhi : Medistep Healthcare Limited, a rapidly growing player in India's pharmaceutical and healthcare market, has fixed the price of its upcoming Initial Public Offering (IPO) at Rs.43 per equity share. The offering comprises up to 37,44,000 equity shares with a face value of Rs.10 each. The IPO, which is being offered through a fixed price issue, will open for subscription on Friday, August 8, 2025, and close on Tuesday, August 12, 2025. The lot size for the issue has been set at 3,000 eq ...Read More >

Stay updated with the latest None news, articles, and insights from trusted sources. Explore in-depth coverage and expert analysis on None topics.