Stay updated with the latest net-income news, articles, and insights from trusted sources. Explore in-depth coverage and expert analysis on net-income topics.
Mumbai, Oct 16 (SocialNews.XYZ) Nestle India, the country's leading FMCG company, on Thursday reported a 17 per cent decline in its consolidated net profit for the July-September quarter of current financial year (Q2 FY26), posting Rs 743 crore compared to the same period last fiscal (Q2 FY25). Despite the fall in profit, the company's revenue from operations grew 11 per cent year-on-year (YoY) to Rs 5,643 crore. Expenses during the quarter rose 13 per cent to Rs 4,617 crore. Nestle India's EB ...Read More >
Nestle India Q2 Results: Nestle India announced its Q2 FY26 financial results. The company's profit after tax saw a decline of 23.6% year-on-year. However, revenue from operations increased by 10.6%. Domestic sales reached a record high, driven by strong volume growth across key product categories. The company highlighted positive performance in e-commerce and export segments. FMCG firm Nestle India on Thursday reported its Q2 FY26 results, posting a 23.6% year-on-year (YoY) decline in standalo ...Read More >
Nestle India Q2 FY26 Results: Maggi and instant foods maker Nestlé India Ltd. reported its Q2FY26 earnings on Thursday, October 16, posting its highest-ever domestic sales in a quarter. Domestic sales grew in double digits, with three of its four product groups showing strong volume-led growth, although, the company posted 28 per cent decline in profit. Revenue Performance Nestlé India posted consolidated revenue of Rs 5,285 crore, up 3.5 per cent from Rs 5,104 crore in Q2FY25, in line with an ...Read More >
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 >
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 >
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 >
According to Reserve Bank of India (RBI) data, system credit growth edged up to 10.3% year-on-year as of September 5, compared with 10% as of August 22, while deposit growth moderated to 9.8% from 10.2% over the same period. The system credit-deposit ratio remained elevated at 79% as of September 2025. Mumbai: Banks reported modest loan growth in the September quarter, broadly in line with the system-wide expansion of around 10.5%, while deposit growth remained resilient despite recent rate cut ...Read More >
Mumbai, Oct 7 (SocialNews.XYZ) Workspace solutions provider WeWork India Management Limited is facing a muted investor response for its Rs 3,000-crore initial public offering (IPO), amid concerns raised by governance advisory firm InGovern Research Services Private over its weak financials, legal troubles involving promoters, and heavy reliance on the WeWork Global brand. According to NSE data, the IPO -- which closes for subscription today -- has been subscribed only 16 per cent while writing ...Read More >
WeWork India IPO: The stock's grey market premium has dropped sharply, now at only 0.77% above the issue price compared with 2.76% earlier. Though GMP provides a rough hint of potential listing performance, it remains unofficial and highly volatile. WeWork India's Rs 3,000-crore Initial Public Offering (IPO) has entered its second day of subscription on Monday. By the end of Day 1, the IPO saw a subdued response, with just 4% of the total issue subscribed. Bids were received for 11.12 lakh shar ...Read More >
New Delhi [India], October 2 (ANI): The Indian banking sector is set to witness earnings recovery in the second half of FY26, after a muted September quarter performance marked by margin pressure, moderate credit growth and a decline in profitability across private and public lenders, according to a research report by Motilal Oswal Institutional Equities. The report highlighted that systemic credit growth, at 10.3 per cent (YoY) as of September reflected demand softness in both retail and corpo ...Read More >
New Delhi [India], October 2 (ANI): The Indian banking sector is set to witness earnings recovery in the second half of FY26, after a muted September quarter performance marked by margin pressure, moderate credit growth and a decline in profitability across private and public lenders, according to a research report by Motilal Oswal Institutional Equities. The report highlighted that systemic credit growth, at 10.3 per cent (YoY) as of September reflected demand softness in both retail and corpo ...Read More >
New Delhi, Oct 1 (PTI) LG Electronics India Ltd, the Indian arm of South Korea's LG conglomerate, on Wednesday announced that its much-awaited Rs 11,607 crore initial public offering (IPO) will open for subscription on October 7, giving the valuation of around Rs 77,400 crore (USD 8.7 billion) The company's maiden public offering will be available for subscription until October 9 in the price range of Rs 1,080-1,140 per share. The bidding for anchor investors is scheduled for October 6, the comp ...Read More >
New Delhi [India], October 1 (ANI): India's Goods and Services Tax (GST) collections continued their upward trajectory in September 2025, rising by 9.1 per cent to Rs 1,89,017 crore compared to Rs 1,73,240 crore in the same month last year. According to the data released on Wednesday, the figures mark the second consecutive month of robust growth in GST revenues, reflecting sustained economic activity and improved compliance. Also Read | Who is Shravan Mandhana? Know All About India Women's Na ...Read More >
Indian Renewable Energy Development Agency (Ireda) shares rose 3.7 per cent on BSE, logging an intra-day high at ₹154.35 per share. At 9:21 AM, Ireda's share price was trading 3.29 per cent higher at ₹153.65 per share on BSE. In comparison, the BSE Sensex was up 0.09 per cent at 80,337.79. The market capitalisation of the company stood at ₹43,163.84 crore. Its 52-week high was at ₹239.95 per share and 52-week low was at ₹137 per share. Why were Ireda shares in demand? The buying on t ...Read More >
Tata Capital, financial services arm of Tata group, has set the price band for its ₹15,512-crore initial public offering (IPO) -- the largest in 2025 -- at ₹310-326 per share. Tata Capital, financial services arm of Tata group, has set the price band for its ₹15,512-crore initial public offering (IPO) -- the largest in 2025 -- at ₹310-326 per share. That translates into a steep discount to the stock's last traded unlisted market price of ₹735 apiece. The pricing has dealt a blow to sc ...Read More >
Earlier, the company had filed draft papers in January proposing a fresh issue of 1.83 crore equity shares and an OFS of 25.31 lakh shares by the promoter. The current structure reflects a higher promoter stake being offered to investors. New Delhi, Fertility services provider Gaudium IVF and Women Health Ltd has refiled its draft papers with capital markets regulator Sebi to raise funds through an initial public offering (IPO). The proposed offering comprises a fresh issue of 1.14 crore equit ...Read More >
New Delhi, Sep 30 (PTI) Pharmaceutical company Virupaksha Organics has filed preliminary papers with capital markets regulator Sebi to raise Rs 740 crore through an initial public offering (IPO). The proposed IPO of the Hyderabad-based company is entirely a fresh issue of equity shares, according to the draft red herring prospectus (DRHP) filed on Monday. The company may consider raising Rs 148 crore in a pre-IPO placement round. If such placement is undertaken, then the issue size will be red ...Read More >
PNN New Delhi [India], September 30: Investing in unlisted companies--essentially buying shares before they are listed on the stock exchange--is gaining significant traction in India. The appeal is clear: investors can potentially earn in two ways, first, by riding valuation gains before listing, and second, by pocketing a listing premium when the company finally goes public. The Pre-IPO Buzz With India's IPO market buzzing, unlisted shares have seen a surge in demand. Big names like NCDEX ha ...Read More >
Mumbai (Maharashtra) [India], May 19 (ANI/PNN): During Friday's opening session on Dalat Street, shares of Axita Cotton reached the upper circuit limit on strong buying demand. The shares of Axita Cotton opened on the BSE at Rs 27.01 apiece and on strong volumes locked in upper circuit level of Rs 27.30 marking an upside gap of 5.00% from the previous close of Rs 26.00. Following the company's announcement that the Board of Directors of the Company would meet on May 23, 2023, to discuss a repurc ...Read More >
Sidbi achieved an all-time high net profit of Rs 4,811 crore in FY25, marking a 19.5% increase, with its balance sheet surpassing Rs 5.6 lakh crore. The bank maintained excellent asset quality and approved a 20% dividend. Sidbi remains dedicated to bolstering the MSME sector through digital initiatives, green energy promotion, and expanding its branch network for wider credit access. Small Industries Development Bank of India (Sidbi) on Monday said its net profit rose by 19.5 % to hit an all-ti ...Read More >
Mumbai, Sep 29 (PTI) Non-banking financial company Tata Capital has set the price band for its much-awaited Rs 15,512 crore Initial Public Offering (IPO) at Rs 310-326 per share, making it the largest issue of the year. At the top end of the band, the NBFC commands a valuation of about Rs 1.38 lakh crore. The maiden public offering will open for subscription on October 6 and close on October 8, with the anchor book bidding scheduled for October 3, according to a public announcement. The IPO, ...Read More >
RailTel Corporation of India has received an order worth Rs 970.08 crore from the State Project Director, Bihar Education Project Council (BEPC) for the establishment of Physics, Chemistry and Biology labs on a turnkey basis in government secondary and senior secondary schools of Bihar under the Samagra Shiksha scheme 2025-26. In its regulatory filing, the company announced that as per the Letter of Acceptance (LoA), the project must be executed by September 24, 2026. Rs 6,597 crore Bihar Educ ...Read More >
New Delhi, Sep 29 (PTI) Valplast Technologies, a civil engineering and infrastructure solutions company, on Monday said it has fixed a price band of Rs 51-54 per share for the Rs 28.09 crore initial share sale, which will open on September 30. The initial public offering (IPO) will conclude on October 3. Investors can bid for a minimum of 4,000 shares and in multiples of 2,000 shares thereof, the company said in a statement. The IPO is entirely a fresh issue of 52.02 lakh equity shares aggrega ...Read More >
New Delhi, Sep 29 (PTI) Non-banking financial company Tata Capital has set the price band for its much-awaited Rs 15,512 crore Initial Public Offering (IPO) at Rs 310-326 per share, making it the largest issue of the year. At the top end of the band, the non-banking financial company commands a valuation of about Rs 1.38 lakh crore. The maiden public offering will open for subscription on October 6 and close on October 8, with the anchor book bidding scheduled for October 3, according to a pub ...Read More >
New Delhi [India], May 18 : New Delhi [India], May 18 : The key indices of the domestic equity ... New Delhi [India], May 18 : New Delhi [India], May 18 : The key indices of the domestic equity market ended in the negative territory, extending the loss for the third consecutive day, amid fresh selling. Some profit bookings were seen after the recent bull run. Sensex and Nifty lost around 0.2-0.3 per cent each. "Positive developments in debt-ceiling negotiations in the US had a favourable impa ...Read More >
Epack Prefab Technologies' Rs 504-crore initial public offer (IPO) witnessed a lukewarm start on Wednesday, the first day of bidding, as the issue was subscribed 7% in the first couple of hours of the issue opening. Investors bid for 11.5 lakh shares against 1.76 crore shares on offer, data from NSE showed. The IPO is priced between Rs 194 and Rs 204 per share and includes a fresh issue worth Rs 300 crore along with an offer for sale of Rs 204 crore. As of 12 noon, the IPO was subscribed 7%, a ...Read More >
Shimla: Himachal Pradesh's state-owned agricultural trading arm, the Himachal Pradesh Agro Industries Corporation Limited (HPAIC), recorded a marginal increase in net profit during the first five months of the financial year, despite a significant drop in its overall turnover compared with the previous period.Revenue, horticulture, and tribal development minister Jagat Singh Negi, who chaired the 262nd meeting of the HPAIC board of directors on Friday, confirmed the pre-audit results. The HPAIC ...Read More >
New Delhi, Sep 26 (PTI) Agrochemical company Parijat Industries (India) Ltd has filed draft papers with market regulator Sebi to mobilise funds through an initial public offering (IPO). The IPO comprises a fresh issue of shares worth Rs 160 crore and an offer for sale (OFS) of 2.04 crore shares by promoters and other existing shareholders, according to the draft red herring prospectus (DRHP) filed on Thursday. Proceeds from the fresh issuance worth Rs 121.6 crore will be utilised for the payme ...Read More >
Mumbai (Maharashtra) [India], May 18 : The largest lender in the country State Bank of India on Thursday posted an 83.18 per cent jump in its net profit to Rs 16,695 crore, against Rs 9,113.53 crore in the year-ago period. According to a statement from the lender, operating profit during the reviewed quarter went up 24.87 per cent to Rs 24,621 crore. The lender's return on assets (RoA) and return on equity (RoE) for the financial year FY23 stand at 0.96 per cent and 19.43 per cent, respectivel ...Read More >
Wheels India Ltd. (currently trading at ₹870) is a leading manufacturer of steel wheels, suspension systems, and air suspension products for commercial vehicles, tractors, and off-road equipment. A part of the TVS Group, the company operates manufacturing facilities in Tamil Nadu and Uttar Pradesh, with exports to over 25 countries. Its product portfolio spans forged wheels, aluminum wheels, bogie suspensions, and fabricated components for railways and wind energy. Wheels India is a critical sup ...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.