Mumbai, April 22 (IANS) Tata Communications Limited on Wednesday reported a 74.7 per cent decline in profitability for the fourth quarter (Q4) of FY26.According to an exchange filing, the Tata Group telecom firm’s consolidated net profit fell sharply by 74.7 per cent year-on-year to Rs 263.25 crore in Q4 FY26, compared to Rs 1,040.34 crore in the same period previous financial year.Sequentially, too, net profit dropped 28 per cent from Rs 364.28 crore reported in the December quarter (Q3 FY26)…
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Mumbai, April 21 (IANS) Cyient DLM Limited on Tuesday posted a net profit of Rs 22.4 crore for the quarter ended March 31 (Q4 FY26), down 27.7 per cent from Rs 31 crore reported in the same period previous financial year (Q4 FY25).The electronic manufacturing services (EMS) firm’s revenue also fell 13.8 per cent year-on-year (YoY) to Rs 369 crore compared to Rs 428 crore in Q4 FY25, as per its regulatory filing.Earnings before interest, tax, depreciation and amortisation (EBITDA) dropped 25 pe…
Mumbai, April 17 (IANS) Crisil Limited on Friday reported a sequential decline in its financial performance for the March quarter (Q4 FY26), with both revenue and net profit slipping compared to the previous quarter.The company’s revenue from operations fell to Rs 1,057.66 crore in Q4 FY26 from Rs 1,081.57 crore in the December quarter — a quarter-on-quarter decline of over 2 per cent.Net profit also dropped to Rs 233.26 crore from Rs 241.5 crore in Q3 — marking a sequential fall of around 3…
Mumbai, April 16 (IANS) Tata Group-backed Tejas Networks’ shares plunged nearly 6 per cent in early trade on Thursday after the company’s January–March quarter (Q4) earnings disappointed traders and investors.The BSE 500 stock declined as much as 5.86 per cent to Rs 423.50, hitting an intraday low, compared with its previous close of Rs 449.90. The fall came after the company reported its fifth straight quarterly loss in Q4 FY26, with revenue also declining sharply year-on-year.Tejas Network…
Mumbai, April 14 (IANS) Just Dial Limited has reported a 36.6 per cent year-on-year (YoY) decline in its fourth-quarter profit (Q4) for FY26.The company posted a net profit of Rs 100 crore for Q4 FY26, compared to Rs 160 crore in the corresponding quarter previous financial year (Q4 FY25).Despite the drop in profit, revenue rose 6.2 per cent to Rs 307.2 crore, compared with Rs 290 crore in the year-ago period, according to its regulatory filing.Operationally, the company reported a 3.2 per cent …
New Delhi, April 14 (IANS) India can withstand a sharp energy shock due to its strong domestic fundamentals, potential government support, and significant improvement in corporate and banking sector health over the past few years, a report said on Tuesday.The report from S&P Global Ratings said robust corporate balance sheets and banks’ strong capital and profitability would cushion the economy against higher energy prices.”India’s robust external position gives it buffers to absorb some s…
Mumbai, April 13 (IANS) Fast-Moving Consumer Goods (FMCG) stocks or consumer staples shares are ‘well positioned’ for investors amid rising crude oil prices and escalating geopolitical tensions, even as the near-term outlook for the sector has weakened, analysts said in a report released on Monday.According to a report by BNP Paribas India, the outlook for Indian consumer staples has deteriorated due to the recent spike in oil prices triggered by tensions in West Asia.Higher crude prices are exp…
New Delhi, April 13 (IANS) India’s top cement companies are expected to record healthy volume growth in the Q4 FY26, driven by stronger construction activity and government capital spending, analysts said on Monday.Motilal Oswal Financial Services forecasted about 10 per cent year‑on‑year growth in revenue and around 4 per cent growth in EBITDA for their cement coverage universe, according to multiple reports.Even amidst volume growth, profitability is likely to remain under pressure over …
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…
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 …