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Indian Oil Corporation Ltd (IOC) on Thursday reported a consolidated net profit of ₹6,813.71 crore for the first quarter of the financial year 2025-26 (Q1 FY26), jumping 93.1 per cent year-on-year (Y-o-Y) from ₹3,528.49 crore in Q1 FY25. However, on a sequential basis, the net profit was down by 16.1 per cent from ₹8,123.64 crore in the previous quarter. Oil major's revenue from operations in Q1 FY26 stood at ₹2.2 trillion, marginally higher by 0.9 per cent from ₹2.1 trillion in Q1 FY25. Sequen ...Read More >
Mumbai, Aug 14 (SocialNews.XYZ) Ashok Leyland on Thursday reported a sharp sequential drop in its consolidated net profit for the April-June quarter (Q1 FY26), with earnings falling 47.21 per cent to Rs 657.72 crore from Rs 1,245.92 crore in the previous quarter (Q4 FY25). Revenue from operations also declined 20.32 per cent to Rs 11,708.54 crore, compared to Rs 14,695.55 crore in Q4 FY25, according to its stock exchange filing. The company's total income fell in line with revenue to Rs 11,807 ...Read More >
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 >
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 >
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 >
New Delhi, Aug 14 (PTI) IT company Blackbox has reported an increase of 28 per cent in consolidated net profit at Rs 47 crore in the first quarter ended June 30, 2025, despite decline in revenue, the company said on Thursday. Blackbox had posted net profit of Rs 37 crore in the same period a year ago. The revenue of the company declined by 3 per cent to Rs 1,387 crore during the reported quarter, from Rs 1,423 crore in June 2024 quarter. "Revenue for the first quarter (Q1) of the financial ye ...Read More >
ONGC shares: ONGC posted an 18.2% YoY rise in Q1FY26 consolidated net profit to ₹11,554.21 crore, even as revenue fell 3.2% to ₹1,63,108 crore. Standalone profit dropped 10.2% YoY to ₹8,024 crore but grew 24% QoQ, while standalone revenue slid 9.3% YoY to ₹32,003 crore. EBITDA declined 2% YoY to ₹18,657 crore. Shares of state-run Oil and Natural Gas Corporation (ONGC) are set to be in focus on Wednesday after the energy major posted a mixed set of first-quarter earnings, with profit gr ...Read More >
Sales reported at Rs -1.02 croreNet Loss of Microse India reported to Rs 1.48 crore in the quarter ended June 2025 as against net loss of Rs 0.03 crore during the previous quarter ended June 2024. Sales reported to Rs -1.02 crore in the quarter ended June 2025. There were no Sales reported during the previous quarter ended June 2024. ParticularsQuarter EndedJun. 2025Jun. 2024% Var.Sales-1.020 0 OPM %145.100 -PBDT-1.48-0.03 -4833 PBT-1.48-0.03 -4833 NP-1.48-0.03 -4833 Powered by Capital Market ...Read More >
New Delhi [India], August 14 (ANI): The credit-to-deposit ratio in Indian banks has stayed below 80 per cent as credit offtake in the country continues to lag, according to a report by CareEdge Ratings. The report highlighted that while both credit offtake and deposit growth have increased sequentially, they remain significantly lower than the levels seen last year. Deposits continued to outpace credit offtake in the current fortnight, leading to a narrowing of the credit-deposit gap. It state ...Read More >
PATNA: Congress leader Rahul Gandhi is all set to embark on 'Vote Adhikar Yatra' from Bihar's Rohtas district on August 17 to register a protest against how the ongoing special intensive revision (SIR) of the electoral rolls was being conducted in the state. This comes at a time when the Opposition is ratcheting up its protest against the SIR and casting aspersions on the integrity of elections. AICC general secretary (organisation) and MP KC Venugopal held a meeting with the INDIA bloc leaders ...Read More >
Mumbai, August 14: After closing on a strong note on August 13, the stock market is set to reopen on Thursday, August 14, with active buying and selling expected as trading resumes. Several stocks are likely to be in focus on August 14, including Muthoot Finance (NSE: MUTHOOTFIN), United Spirits (NSE: UNITDSPR), Bharat Petroleum Corporation Limited (BPCL) (NSE: BPCL), IRCTC (NSE: IRCTC), Vishal Mega Mart (NSE: VMM), and Jubilant FoodWorks (NSE: JUBLFOOD). Indian equity indices ended higher with ...Read More >
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 >
BENGALURU: Enterprise AI solutions company Fractal Analytics has filed draft papers with Sebi for an IPO of up to Rs 4,900 crore. The offer comprises a fresh issue of shares worth Rs 1,279 crore and an offer-for-sale of Rs 3,621 crore. Founded in 2000 by Srikanth Velamakanni and Pranay Agrawal, Fractal provides AI-driven decision-making support to large enterprises across sectors. Fractal's revenue from operations rose 26% to Rs 2,765 crore in FY25 from Rs 2,196 crore a year ago. Net profit was ...Read More >
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 >
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 >
New Delhi, Aug 8 (PTI) Skills and talent development firm NIIT Ltd on Friday posted a 43.6 per cent decline in consolidated net profit to Rs 4.37 crore in the April-June quarter due to headwinds from a turbulent environment in the technology and BFSI sectors. It had reported a profit (attributable to owners of the parent company) of Rs 7.75 crore in the year-ago period, according to a regulatory filing. The company's revenue from operations rose slightly to Rs 84.11 crore in Q1 FY26, from Rs 8 ...Read More >
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 >
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 >
India's biggest lender, State Bank of India (SBI), has posted a 12 per cent increase in standalone net profit at Rs 19,160 crore for the April-June quarter of the current financial year. The bank had earned a net profit of Rs 17,035 crore in the same quarter of the previous fiscal year. Total income rose to Rs 1,35,342 crore during the June quarter 2025-26, from Rs 1,22,688 crore a year ago, SBI said in a regulatory filing, PTI reported. How much SBI earned from interest? SBI earned interest i ...Read More >
Bengaluru: HCLTech CEO C Vijayakumar has emerged as the highest-paid Indian IT CEO, crossing the $10 million mark and topping the compensation charts.US-based Vijayakumar earned Rs 94.6 crore in the 2024-25 financial year, which comprised a base pay of Rs 15.8 crore, a performance-linked bonus of Rs 13.9 crore, long-term RSUs worth Rs 56.9 crore, and a bonus of Rs 1.7 crore. Vijayakumar's peers include TCS CEO K. Krithivasan, who earned Rs26.5 crore for the 2023-24 financial year, marking a 4.6% ...Read More >
Renault has bought its partner Nissan's 51 per cent stake in its joint venture plant near Chennai, four months after announcing the deal. With the completion of the acquisition, the French auto major has become the sole owner of the Oragadam facility in Tamil Nadu. Renault expects to strengthen its sales in the Indian market and step up exports. Japan's Nissan, which has struggled to gain market share in India, will now pay Renault to manufacture its models at the Chennai plant in a contract ma ...Read More >
New Delhi, Aug 3 (PTI) PC Jeweller Ltd has reduced its net debt by 19 per cent in the last four months to Rs 1,445 crore on higher sales and will become debt-free by the end of this fiscal, the company's MD Balram Garg said. Delhi-based PC Jeweller has 52 showrooms, of which 49 are company-owned, across major cities of the country. "We have repaid bank loans worth Rs 335 crore during April-July period of this fiscal," Garg told PTI. The net debt has come down to Rs 1445 crore at the end of Ju ...Read More >
New Delhi, Aug 3 (SocialNews.XYZ) Public sector mining major NMDC has recorded a 42.4 per cent jump in iron ore production to 3.09 million tonnes (MT) in July this year, compared to the corresponding figure of 2.17 MT in the same month last year. The company's sales of iron ore rose 13.07 per cent to 3.46 MT in July, from 3.06 MT in the same month of the previous year. Iron ore production in the company's Chhattisgarh division surged 54.92 per cent year-on-year to 1.89 MT during the month, whi ...Read More >
Bengaluru: Delhivery said it brought more than half of Ecom Express's volumes onto its platform after the acquisition received regulatory approval in June. It shifted all client contracts to what it described as "rational pricing." "The irrational pricing that existed in the market has been cleaned out, at least out of what was the erstwhile Ecom Express network," Sahil Barua, CEO, Delhivery said during the investor call on Friday. Delhivery bought Ecom Express for Rs 1,369 crore this year. "Cli ...Read More >
Indian real estate developers are strategically reducing debt and favoring equity, leading to healthier balance sheets. Colliers reports a significant drop in high debt-to-equity ratios among top firms. This shift boosts profitability, with many firms exceeding 10% net profit margins. Increased financial health attracts banks and equity investors, evidenced by substantial IPO fundraising since 2021. Property developers are sharpening their focus on deleveraging, creating healthy balance sheets, ...Read More >
Kolkata: ITC saw a marginal decline in net profit in the first quarter of FY26 to Rs 4,912 crore from Rs 4,917 crore in Q1FY25. Its revenue, however, saw a 20% jump from Rs 17,457 crore to Rs 20,911 crore.According to the company, the marginal decline in net profit was due to the demerger of its hotel business. Profit figures for Q1FY25 included Rs 97.5 crore from the hotels business. The conglomerate's profit would have been Rs 4,820 crore. The rise in revenue was largely due to cigarette and a ...Read More >
July 28 (Reuters) - Brown & Brown (BRO.N), opens new tab posted a rise in second-quarter profit on Monday as the insurance broker benefited from higher commissions and fees driven by growing demand. Insurance spending has continued to grow, even as businesses and individuals pull back in other areas, driven by efforts to guard against climate-related disasters and emerging risks such as cyber threats. The sector's resilience stems from its role as a financial safeguard, making it less sensitiv ...Read More >
BENGALURU: Delhivery on Friday said it has brought more than half of Ecom Express's volumes onto its platform and shifted all client contracts to what it described as "rational pricing." The acquisition, which received regulatory approval in June and was completed in July for a final purchase consideration of Rs 1,369 crore, also involved a network rationalisation plan with the retention of seven facilities for long-term use. "The irrational pricing that existed in the market has been cleaned ou ...Read More >
Mangaluru: MangaloreRefinery and Petrochemicals Ltd (MRPL), the ONGC-owned refining major, posted a consolidated net loss of ₹272 crore in the first quarter of FY26, as softening refining margins and lower revenue from operations weighed on its performance. The company's topline fell sharply to ₹20,988 crore, down nearly 23% from ₹27,289 crore in Q1 FY25. Its Gross Refining Margin (GRM) slipped to US$ 3.88 per barrel, compared to US$ 4.70 per barrel a year ago, amid weaker product cracks and pl ...Read More >
MUMBAI, July 17 (Reuters) - India's largest property developer DLF (DLF.NS), opens new tab expects to review offers from potential partners, as it works on a project to build luxury flats in a slum area of Mumbai that marks its return to the city, it said on Thursday. DLF left Mumbai more than a decade ago, when it sold off land to reduce debt and turned its focus to New Delhi and regions around the capital. It had since become one of India's largest luxury property developers, building premiu ...Read More >
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