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Hyderabad: Heritage Foods tumbled 4.19 per cent to Rs 458.40 after its consolidated net profit slipped 30.60 per cent to Rs 40.54 crore in Q1 FY26 as against Rs 58.42 crore in Q1 FY25. However, revenue from operations jumped 10.08 per cent yoy to Rs 1,136.8 crore in Q1 FY26. Profit before tax was at Rs 54.94 crore in the first quarter of FY25, down of 29.95 per cent as against Rs 77.77 crore posted in Q1 FY25.EBITDA jumped 21 per cent YoY to Rs 73.90 crore, while EBITDA margin to 6.5 per cent d ...Read More >
MUMBAI: Axis Bank's net profit slipped 4% year-on-year to Rs 5,806 crore in the quarter ended June 2025, dragged down by a sharp rise in provisions. The higher provisions were due to a one-off accounting adjustment, which the bank described as a "technical impact" or an internal recalibration of its bad loan classification.This adjustment, applied to cash credit, overdraft products, and one-time settled accounts, resulted in Rs 2,709 crore of fresh slippages. That alone triggered additional prov ...Read More >
Patna: Non-vegetarian dishes have made Bihar's politics spicier on several occasions, and so union minister and senior JD (U) leader Rajiv Ranjan Singh aka Lalan Singh' recent mutton party for party workers and supporters under his Munger constituency was no exception. Lalan Singh listened to problems of common people at Suryagarha in Lakhisarai district of Bihar (part of Munger constituency) to sort them out with local authorities and also threw a mutton party for them, creating a controversy ...Read More >
Mumbai: Axis Bank reported a 4% fall in its June quarter net profit to ₹5,806 crore, below consensus estimates, as provisions rose sharply at the private lender and business income was tepid. Analysts polled by Bloomberg had estimated PAT at ₹6,375.8 crore. The lender had reported profits of ₹6,034.6 crore in the same period last year. Net interest income or the core income of the bank for the quarter under review was flat at ₹13,560 crores versus ₹13,448 crore in the corresponding quarter last ...Read More >
Indian Hotels Company (IHCL) saw its net profit increase by 19% year-on-year to 296 crore in the June quarter, with consolidated revenue rising 32% to 2,041 crore, demonstrating resilience amidst geopolitical disruptions and flight cancellations. Indian Hotels Company (IHCL), one of India's biggest hotel companies, saw its net profit rise 19% year-on-year to Rs 296 crore in the June quarter, driven by strong growth in revenues. Strong Revenue Performance The Mumbai-based Tata group company sa ...Read More >
Oriana Power jumped 4.70% to Rs 2,408 after the company secured an order worth Rs 212.31 crore from Karnataka Power Transmission Corporation (KPTCL) for setting up 50 MW/100 MWh standalone Battery Energy Storage Systems (BESS).The project will install standalone grid-scale BESS facilities with a total capacity of 50 MW/100 MWh at Shahapur Taluk Yadagir, Karnataka. This BESS initiative aims to improve grid stability by balancing supply and demand, lowering the risk of blackouts, and boosting over ...Read More >
Patna, July 17 (SocialNews.XYZ) The Election Commission of India (ECI) has issued a categorical rebuttal to a viral video shared by YouTuber Ajit Anjum, calling it "false and misleading" amid ongoing political debate over the Special Intensive Revision (SIR) of electoral rolls in Bihar. The video, which claimed that a Booth Level Officer (BLO) in Patna was seen filling out and signing several voter forms, sparked political reactions and public concern. RJD MP Manoj Jha amplified the video on s ...Read More >
KOLKATA: An FIR has been lodged against Hasin Jahan, the estranged wife of cricketer Mohammed Shami and Arshi Jahan, Hasin's daughter from her first marriage at Suri in Birbhum district in West Bengal. A few days ago, a conflict erupted over a plot of land in the Sonator area under ward no. 5 of Suri Municipality. The land reportedly belongs to Arshi and it is alleged that neighbor Guddu Bibi was trying to encroach that land. It is alleged that after the construction work started on the land o ...Read More >
New Delhi, Jul 17 (PTI) Nuvoco Vistas Corp, the building materials division of the Nirma Group, on Thursday reported a multi-fold increase in its profit to Rs 133.16 crore in the quarter ended in June 2025. The company had logged a net profit of Rs 2.84 crore in the April-June quarter a year ago, according to a regulatory filing from Nuvoco Vistas Corp. Its revenue from operations was up 9 per cent to Rs 2,872.70 crore in the June quarter. It was at Rs 2,636.48 crore in the corresponding quart ...Read More >
July 17 (Reuters) - Indian IT services exporter LTIMindtree (LTIM.NS), opens new tab reported first quarter revenue just below estimates on Thursday, as cautious spending by clients slowed growth in its key North America market to the lowest in over a year. Persistent inflation, weak demand and U.S. trade policy uncertainties are delaying non-essential tech projects, weighing on hopes of a rebound for India's $283 billion IT sector. Clients in the banking, financial services and insurance (BFS ...Read More >
New Delhi, Jul 17 (PTI) Adani Group has sold a 20 per cent stake in AWL Agri Business Ltd (formerly known as Adani Wilmar Ltd) to Wilmar International, Singapore, for Rs 7,150 crore, as part of its decision to exit the FMCG business and focus on the infrastructure vertical. As per the regulatory filing on Thursday, Adani Commodities LLP (ACL), a subsidiary of Adani Enterprises, will soon sell the residual 10.42 stake in AWL Agri Business Ltd, leading to a complete exit from the FMCG business. ...Read More >
New Delhi, Jul 17 (PTI) Tyre maker CEAT Ltd on Thursday reported a 27.16 per cent decline in consolidated net profit to Rs 112.3 crore in the June quarter, impacted by higher raw material cost. The company, which had posted a consolidated net profit of Rs 154.18 crore in the first quarter last fiscal, said it will invest about Rs 450 crore in the capacity expansion of its Chennai plant. Consolidated revenue from operations stood at Rs 3,529.41 crore in the first quarter as against Rs 3,192.82 ...Read More >
MUMBAI: The third largest private sector lender Axis Bank opened the earnings seasons for the June quarter in the financial services space Thursday on a bad note, reporting a 4% decline in net income at Rs 5,806 crore despite a reasonable performance in its core business. The management said the red mark on the bottom-line is mainly due to a "technical impact" as the bank had a one-time hit of Rs 614 crore related to how it classifies some loans as bad. More importantly, on a sequential basis, ...Read More >
New Delhi: Technology services and consulting company Wipro on Thursday announced financial results for the quarter ended June 30, 2025. The company reported gross revenue at Rs 221.3 billion (USD 2,581.6 million), a decrease of 1.6 per cent quarter-on-quarter and an increase of 0.8 per cent year-on-year. The IT services segment revenue was at USD 2,587.4 million, a decrease of 0.3 per cent QoQ and 1.5 per cent YoY. The IT services operating margin for the quarter was at 17.3 per cent, a contra ...Read More >
New Delhi, Jul 17 (PTI) Tyre maker CEAT Ltd on Thursday reported a 27.16 per cent decline in consolidated net profit to Rs 112.3 crore in the June quarter, impacted by higher raw material cost. The company, which had posted a consolidated net profit of Rs 154.18 crore in the first quarter last fiscal, said it will invest about Rs 450 crore in the capacity expansion of its Chennai plant. Also Read | 'A Decade of Digital India' Reel Contest by Government of India: How To Participate and Win Up T ...Read More >
Mumbai, July 17 (SocialNews.XYZ) LTIMindtree Limited, an IT service provider, on Thursday reported over 10 per cent year-on-year (YoY) increase in consolidated net profit for the first quarter of FY26 (April-June), reaching Rs 1,254.6 crore, up from Rs 1,135.10 crore in the same quarter previous year. Operational revenue was Rs 9,840.60 crore, up 7.6 per cent from Rs 9,142.60 crore in the first quarter of FY25, according to a regulatory filing. Additionally, the business declared earnings befo ...Read More >
Mumbai, July 17 (SocialNews.XYZ) Dairy company Heritage Foods Limited on Thursday reported a sharp decline in net profit for the first quarter of FY26, as the company posted a net profit of Rs 40.5 crore for the April-June quarter, down 30.7 per cent from Rs 58.4 crore reported in the same period previous year (Q1 FY25). The fall in profit came despite a 10.1 per cent year-on-year (YoY) growth in revenue, which rose to Rs 1,136.7 crore from Rs 1,032.6 crore in a year-ago period, according to it ...Read More >
New Delhi, Jul 17 (PTI) The third season of the Oriental Cup, a school football tournament in the national capital, will be held from July 21-29, the organisers said on Thursday. Started by student-athlete Fareed Bakshi, the tournament will take place at the Ambedkar Stadium, bringing together 36 teams from schools across Delhi. Also Read | Which Team Ben Stokes Is Part of in The Hundred 2025? Here's the Franchise England Test Captain Will Play For in 100-Ball Competition. There will be 24 te ...Read More >
Bengaluru (Karnataka) [India], July 17 (ANI): Technology services and consulting company Wipro on Thursday announced financial results for the quarter ended June 30, 2025. The company reported gross revenue at Rs 221.3 billion (USD 2,581.6 million), a decrease of 1.6 per cent quarter-on-quarter and an increase of 0.8 per cent year-on-year. The IT services segment revenue was at USD 2,587.4 million, a decrease of 0.3 per cent QoQ and 1.5 per cent YoY. The IT services operating margin for the qu ...Read More >
New Delhi, Jul 17 (PTI) Tata Group-owned Indian Hotels Company Limited (IHCL) on Thursday reported a 26.56 per cent rise in its consolidated net profit to Rs 329.32 crore in the first quarter of FY26. The country's biggest hospitality player posted a net profit of Rs 260.19 crore in the corresponding period of the previous financial year. Its total income from operations stood at Rs 2,102.17 crore during the April-June quarter, against Rs 1,596.27 crore in the year-ago period. The company's t ...Read More >
Bengaluru (Karnataka) [India], July 17 (ANI): Technology services and consulting company Wipro on Thursday announced financial results for the quarter ended June 30, 2025. The company reported gross revenue at Rs 221.3 billion (USD 2,581.6 million), a decrease of 1.6 per cent quarter-on-quarter and an increase of 0.8 per cent year-on-year. The IT services segment revenue was at USD 2,587.4 million, a decrease of 0.3 per cent QoQ and 1.5 per cent YoY. Also Read | 'I Know What You Did Last Summe ...Read More >
Mumbai, Jul 17 (PTI) Axis Bank on Thursday reported a 3 per cent dip in its June quarter consolidated net profit at Rs 6,243.72 crore, impacted by the implementation of changes in non-performing assets and loan upgrade policy. On a standalone basis, the third largest private sector lender's net profit declined to Rs 5,806 crore from the year-ago period's Rs 6,034 crore, but was down sharply when compared with the quarter ago period's Rs 7,117 crore. The bank's core income showed low growth in ...Read More >
New Delhi, Jul 17 (PTI) Jio Financial Services Ltd (JFSL) on Thursday reported a 4 per cent increase in consolidated net profit to Rs 325 crore in the first quarter ended June 2025. The company had earned a net profit of Rs 313 crore in the same quarter a year ago. The company's total income rose to Rs 619 crore as against Rs 418 crore in the June quarter of the previous year, JFSL said in a regulatory filing. During the period, interest income doubled to Rs 363 crore as against Rs 162 crore ...Read More >
New Delhi, July 17 (SocialNews.XYZ) Axis Bank's standalone net profit for the quarter ending June 30, 2025 (Q1 FY26) came at Rs 5,806.14 crore, down nearly 4 per cent year-over-year (YoY) from Rs 6,034.64 crore during the same period in previous fiscal, the private sector lender said in an exchange filing on Thursday. Net profit decreased by more than 18 per cent on a sequential basis from the Rs 7,117.50 crore recorded during the January-March quarter (Q4FY25). The bank reported a slight incr ...Read More >
New Delhi [India], July 17: The rules of performance marketing have changed. What once worked - batch reports, generic creatives, and reactive decision-making - now leads to wasted budgets and missed targets. Today, it's all about speed, precision, and knowing exactly where your next best opportunity lies. Also Read | Wipro Q1 FY26 Results: Tech Giant Reports 11% Rise in Net Profit to INR 3,336 Crore, Announces INR 5 Interim Dividend. That's where performance marketing expert Nipun Taneja step ...Read More >
New Delhi [India], July 17: The world of marketing is undergoing a seismic shift, and it's powered by artificial intelligence. As AI-enabled marketing tools become more intelligent and widely adopted, the very structure of marketing teams is beginning to change. Routine tasks that once required human input are now being executed faster, more accurately, and at scale by smart systems. Also Read | Wipro Q1 FY26 Results: Tech Giant Reports 11% Rise in Net Profit to INR 3,336 Crore, Announces INR 5 ...Read More >
New Delhi, July 17 (IANS) Axis Bank's standalone net profit for the quarter ending June 30, 2025 (Q1 FY26) came at Rs 5,806.14 crore, down nearly 4 per cent year-over-year (YoY) from Rs 6,034.64 crore during the same period in previous fiscal, the private sector lender said in an exchange filing on Thursday. Net profit decreased by more than 18 per cent on a sequential basis from the Rs 7,117.50 crore recorded during the January-March quarter (Q4FY25). The bank reported a slight increase in ne ...Read More >
BENGALURU, July 17 (Reuters) - Indian private lender Axis Bank (AXBK.NS), opens new tab reported a surprise drop in first-quarter profit on Thursday, as it set aside more funds for potential bad loans and as its lending margin contracted. The standalone net profit at India's fourth-largest private lender by market capitalisation fell 4% to 58.06 billion rupees ($674.8 million) for the quarter ended June 30 from 60.35 billion rupees a year earlier. Analysts had expected a profit of 63.73 billion ...Read More >
New Delhi, Jul 17 (PTI) HDFC Asset Management Company (AMC) on Thursday reported a 24 per cent jump in profit after tax at Rs 748 crore in the three months ended June 2025. In comparison, the asset management firm had posted a Profit After Tax (PAT) of Rs 604 crore in the same quarter preceding fiscal. The company's revenue from operations increased 25 per cent to Rs 968 crore in the first quarter ended June 30, 2025, from Rs 775.2 crore in the same quarter preceding fiscal year, HDFC AMC said ...Read More >
New Delhi [India], July 17 (ANI): Taiwan Semiconductor Manufacturing Company (TSMC), the world largest contract chipmaker on Thursday reported strong financial results for the second quarter of 2025, with the company profit surging 61 per cent as accelerating demand for advanced semiconductor technologies, particularly in artificial intelligence (AI) and high-performance computing (HPC) continued to drive performance. Commenting on the results, Wendell Huang, Senior Vice President and Chief Fin ...Read More >
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