New Delhi, March 17 (IANS) Aurobindo Pharma on Tuesday said that the US Food and Drug Administration (USFDA) has classified one of its subsidiary units as “Official Action Indicated” (OAI) following an inspection conducted last year.In a regulatory filing, the company said that the USFDA inspected Unit-II of Eugia Pharma Specialities Limited, its wholly-owned subsidiary, located in Bhiwadi, Rajasthan, between November 3 and 14, 2025.At the end of the inspection, the regulator had issued a Fo…
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Mumbai, March 4 (IANS) Shares of Polycab India Limited ended lower on Wednesday after the company said it has received an income tax demand of Rs 327.45 crore for the assessment year 2024-25. The order was issued by the Office of the Deputy Commissioner of Income Tax, Mumbai, and was received by the company on March 3, 2026.The demand follows an assessment order that includes disallowances and additions amounting to Rs 41.87 crore.However, Polycab said that after consulting its tax advisors, it …
Mumbai, Feb 23 (IANS) Shares of Sudarshan Pharma Industries slipped over 3 per cent on Monday after the Goods and Services Tax (GST) department initiated an inspection and search operation at the company’s registered office.The stock fell 3.06 per cent on the BSE to hit an intra-day low of Rs 25.62 per share. At 1:10 PM, the shares were trading at the same level, down 3.06 per cent.Over the past one year, Sudarshan Pharma’s stock has declined around 19 per cent, according to the official dat…
Mumbai, Feb 12 (IANS) Bharat Forge on Thursday reported nearly 17 per cent year-on-year decline in its standalone net profit for the quarter ended December 2026 (Q3 FY26).On a standalone basis, the company posted a net profit of Rs 288 crore lower than Rs 346 crore reported in the same quarter last financial year (Q3 FY25), according to its stock exchange filing.Standalone revenue from operations saw a marginal dip of 0.6 per cent to Rs 2,083.7 crore in Q3 FY26.On a consolidated basis, the perfo…
Mumbai, Feb 12 (IANS) Black Box Limited, a leading provider of digital infrastructure solutions, announced its unaudited financial results for the quarter and nine months ended December 31, 2025. The Company delivered sustained growth, with improvements across revenue and operating profit, driven by broad-based performance across its key markets.With its transformation program now stabilized and a focused go-to-market architecture in place, the Company continues to advance toward revenue acceler…
New Delhi, Feb 12 (IANS) FMCG bellwether Hindustan Unilever Limited on Thursday reported a 30 per cent decline in consolidated net profit to Rs 2,118 crore from continuing operations for Q3 FY26.On year-on-year, the company’s profit after tax for the period jumped to Rs 6,603 crore, up 121 per cent, according to the stock exchange filing.The huge growth in PAT was “primarily driven by one-off positive impact arising from Ice Cream demerger accounted for in accordance with the approved scheme o…
Mumbai, Feb 5 (IANS) Shares of Indian Oil Corporation (IOC) rose on Thursday after the state‑owned refiner reported close to 60 per cent surge in profits during the December quarter of FY26.Indian Oil posted a 59.3 per cent increase in net profit to Rs 12,126 crore for the quarter, up from Rs 7,610.5 crore in the September quarter. Revenue during the reported quarter increased to Rs 2.04 lakh crore, up about 14.3 per cent from Rs 1.78 lakh crore in the prior quarter.Earnings before interest, t…
Mumbai, Feb 4 (IANS) Tata Power on Wednesday reported a 25 per cent year-on-year (YoY) decline in consolidated net profit attributable to the equity holders of the company at Rs 772 crore for the October–December quarter (Q3) of FY26, compared to Rs 1,031 crore in the same period last financial year (Q3 FY25). The drop came amid lower revenues and flat power demand during the quarter.The company’s revenue from operations fell 9 per cent to Rs 13,948.41 crore in Q3 FY26 from Rs 15,391.06 cror…
Mumbai, Feb 3 (IANS) Castrol India Limited on Tuesday reported a 9.9 per cent decline in its net profit for the fourth quarter of the current year (Q4), even as the company posted its highest quarterly revenue in the last two decades.The lubricant maker said its net profit for the October–December quarter stood at Rs 244 crore, which was 9.9 per cent lower compared to Rs 271 crore in the same period last year.However, revenue from operations rose by 6.4 per cent year-on-year to Rs 1,440 crore …
Mumbai, Feb 3 (IANS) Castrol India Limited on Tuesday reported a 9.9 per cent decline in its net profit for the third quarter of the current financial year (Q3 FY26), even as the company posted its highest quarterly revenue in the last two decades.The lubricant maker said its net profit for the October–December quarter stood at Rs 244 crore, which was 9.9 per cent lower compared to Rs 271 crore in the same period last financial year (Q3 FY25).However, revenue from operations rose by 6.4 per ce…