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Mumbai: Tata Consultancy Services (TCS) reported a 12.2 percent year-on-year rise in consolidated net profit to Rs 13,718 crore in Q4 FY26, while revenue increased to Rs 70,698 crore. Sequentially, profit rose from Rs 13,438 crore in Q3 FY26, reflecting continued quarterly momentum. Revenue also improved from Rs 67,087 crore in Q3 and Rs 64,479 crore in Q4 FY25, indicating steady growth despite macroeconomic headwinds. Strong quarterly performance TCS posted steady growth in Q4 FY26 with reven ...Read More >

New Delhi: India's passenger vehicle industry growth is expected to moderate to 4-6 per cent in FY27, largely due to the high base and evolving macroeconomic conditions, ratings agency ICRA said on Friday. For FY26, the industry is estimated to report wholesale volume growth of around 7-9 per cent, supported by strong festive demand, GST rate cuts and multiple new model launches, ICRA said in a statement. "The industry continues to witness structural shifts, with utility vehicles accounting fo ...Read More >

New Delhi, April 3 (IANS) The passenger vehicle industry in India is estimated to report wholesale volume growth of around 7-9 per cent in FY26, supported by strong festive demand, GST rate cuts and multiple new model launches, a report showed on Friday. The growth is expected to moderate to 4-6 per cent in FY2027, largely due to the high base and evolving macroeconomic conditions, according to credit rating agency ICRA. The report expects growth across India's passenger vehicle (PV) and tract ...Read More >
A high base, along with inflation risks and interest rate movements, will likely temper demand, while the tractor outlook remains tied to the monsoon and rural incomes India's passenger vehicle (PV) industry growth is expected to moderate to 4-6 per cent in FY27, mainly due to a high base and evolving macroeconomic conditions, ratings agency ICRA said on Friday. For FY26, the PV industry is estimated to report wholesale volume growth of around 7-9 per cent, supported by strong festive demand, ...Read More >

PNN Mumbai (Maharashtra) [India], April 1: Cupid Limited (BSE: 530843 | NSE: CUPID), a premier manufacturer and brand of premium male and female condoms, water based personal lubricants, IVD kits, deodorants, perfumes, almond hair oil, face wash, petroleum jelly and other FMCG Products, announced its strongest quarterly performance in the Company's history, driven by robust growth across key business segments. Cupid Limited is set to comfortably surpass its FY26 annual guidance of ₹335 Cr in r ...Read More >

Mumbai, Nov 10 (SocialNews.XYZ) WeWork India on Monday reported a sharp 96 per cent year-on-year (YoY) decline in consolidated profit after tax (PAT) to Rs 6.4 crore for the second quarter of FY26, compared to Rs 203.7 crore in the same period last fiscal (Q2 FY25). The steep drop in profitability came despite steady revenue growth, indicating higher expenses or one-off costs impacting margins during the quarter. Revenue from operations rose 22.4 per cent YoY to Rs 574.7 crore from Rs 469.5 cro ...Read More >
MUMBAI: IDFC FIRST Bank reported a 76% rise in profit after tax (PAT) to Rs. 352 crore for Q2 FY26, driven by lower provisions and growth in its retail and commercial businesses. The bank's CASA ratio crossed 50% for the first time, reflecting improved funding stability.The PAT jump was supported by a 16.2% YoY decline in total provisions to Rs. 1,452 crore, including a sequential fall of 12.5% from Rs. 1,659 crore in Q1. The bank used Rs. 75 crore of its microfinance provision buffer during the ...Read More >
Mumbai: India Inc.'s credit profile has demonstrated remarkable resilience despite escalating global trade tensions and geopolitical uncertainties, according to data released by rating agency ICRA for the first half of the fiscal year 2026 (H1 FY2026).ICRA's rating actions during the period underscored the strength of corporate balance sheets and a supportive domestic economy. The agency recorded 214 rating upgrades against only 75 downgrades, resulting in a robust credit ratio of 2.9. This mark ...Read More >

New Delhi, Aug 28 (SocialNews.XYZ) India's natural diamond polishing industry recorded 18 per cent surge in exports in July on year-on-year (YoY) basis as it had cranked up production to meet the anticipated festival demand in the US, a report said on Thursday. The industry is projected to see a 28-30 per cent decline in revenues, dropping to approximately $12.50 billion this fiscal year, down from $16 billion last fiscal year due to the impact of US tariffs, a report from credit ratings agency ...Read More >
Bhopal: Ahead of the Supreme Court hearing from September 23, an all-party meeting was hosted by Madhya Pradesh Chief Minister Mohan Yadav on Thursday at his official residence, where a formal resolution to ensure the full 27% reservation for Other Backward Classes (OBCs) has been unanimously adopted, marking a decisive shift in the state's legal and administrative posture. Backed by all major parties, the resolution affirms that the remaining 13% of the quota, on top of the 14% already impleme ...Read More >

Mumbai, Aug 28 (PTI) India's natural diamond polishing industry faces a 28-30 per cent fall in revenues to USD 12.50 billion in this financial year as the steep 50 per cent tariff imposed on Indian exports by the US kicks in, a report said on Thursday. An additional 25 per cent tariffs on Indian products entering the American market came to effect on Wednesday after the US administration's move to penalise India for purchasing Russian oil. This is on top of the 25 per cent the reciprocal tariff ...Read More >

MUMBAI: The 50% tariffs on natural diamond exports from the country will have the natural diamond polishing industry which polishes 95% of the global production and nets the maximum income from the US, staring at a steep 28-30% decline in revenue to $12.50 billion this fiscal, compared to the $16 billion they netted last fiscal. The blow will follow a 40% de-growth over the past three fiscals because of the fall in both prices as well as sales volume of natural diamonds as demand in the US and ...Read More >

New Delhi, Aug 18 (PTI) The operating profit of telecom companies in India is expected to grow 12-14 per cent to about Rs 1.55 lakh crore this fiscal, driven by more data consumption and rise in average revenue per user, Crisil Ratings said on Monday. The "robust" operating performance, along with declining capital expenditure intensity of leading players post 5G rollout, is seen improving free cash flow, supporting credit profiles of leading players in the industry. The telecom industry benef ...Read More >

New Delhi, Aug 18 (PTI) The operating profit of telecom companies in India is expected to grow 12-14 per cent to about ₹1.55 lakh crore this fiscal, driven by more data consumption and rise in average revenue per user, Crisil Ratings said on Monday. The "robust" operating performance, along with declining capital expenditure intensity of leading players post 5G rollout, is seen improving free cash flow, supporting credit profiles of leading players in the industry. The telecom industry benefit ...Read More >

New Delhi [India], July 13 (ANI): The business valuation of the Indian Premier League (IPL) has surged an unprecedented USD 18.5 billion, marking a 12.9 per cent increase over the past year. According to the latest edition of analysis by Houlihan Lokey, valued at Rs 1.56 lakh crore in Indian currency, this growth underscores the IPL's status as one of the most lucrative sports leagues in the world. The global investment bank listed on the NYSE stated that the brand value of IPL increased 13.8 ...Read More >

New Delhi: The business valuation of the Indian Premier League (IPL) has surged to an unprecedented USD 18.5 billion, marking a 12.9 per cent increase over the past year. According to the latest analysis by Houlihan Lokey, this amounts to ₹1.56 lakh crore in Indian currency. The growth underscores the IPL's status as one of the most lucrative sports leagues in the world. The global investment bank, listed on the NYSE, stated that the brand value of the IPL increased by 13.8 per cent in 2025, re ...Read More >

New Delhi [India], July 13 (ANI): The business valuation of the Indian Premier League (IPL) has surged an unprecedented USD 18.5 billion, marking a 12.9 per cent increase over the past year. According to the latest edition of analysis by Houlihan Lokey, valued at Rs 1.56 lakh crore in Indian currency, this growth underscores the IPL's status as one of the most lucrative sports leagues in the world. The global investment bank listed on the NYSE stated that the brand value of IPL increased 13.8 ...Read More >
Indian IT bellwether Tata Consultancy Services (TCS) will announce its Q1FY26 earnings on Thursday, July 10. The company is expected to report a year-on-year (YoY) net profit growth of 1% to 3%, according to estimates from four brokerages. The bottom line is projected to be in the range of Rs 12,040 crore to Rs 12,416 crore. Revenue for the April-June quarter of FY26 is expected to grow between 2.7% and 3.8%, i.e., in the range of Rs 62,613 crore to Rs 64,993 crore. The estimates have been pro ...Read More >
Anuj Kumar, Director & CEO of CAMS, highlights that despite recent market corrections, the company expects FY25 to be one of its strongest years. CAMS continues to dominate by winning 70-80% of new bids, focusing on execution and margin expansion, and anticipates significant revenue and profit growth driven by mutual funds and associated business lines.Anuj Kumar, Director & CEO, CAMS, says there has been some market correction and some flattening of the mood in the last two months. But as thing ...Read More >
Anuj Kumar, Director & CEO of CAMS, highlights that despite recent market corrections, the company expects FY25 to be one of its strongest years. CAMS continues to dominate by winning 70-80% of new bids, focusing on execution and margin expansion, and anticipates significant revenue and profit growth driven by mutual funds and associated business lines.Anuj Kumar, Director & CEO, CAMS, says there has been some market correction and some flattening of the mood in the last two months. But as thing ...Read More >
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