New Delhi, June 12 (IANS) India’s flexible office sector crossed the 100 million sq ft mark and ended FY26 on its strongest commercial footing yet, with robust revenue growth, expanding profitability and increasing enterprise adoption, a report said on Friday.The report from flexible workspace platform myHQ said Global Capability Centres accounted for a record 45.5 per cent of all office leasing in Q1 CY26 and that enterprise clients contributed the majority of revenue across every listed oper…
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New Delhi, June 8 (IANS) India’s largest steelmaking public sector company Steel Authority of India Limited on Monday said it will prioritise value‑added and special steel products with sharper focus on customer engagement and cost optimization.Outlining its future plans, the company said it is firmly committed to volume expansion and cost optimisation, which are aligned with the government’s vision of Viksit [email protected] ongoing global volatility, the company had reported a robust …
Ahmedabad, June 7 (IANS) Global brokerage Jefferies has maintained a bullish outlook on key Adani Group power and infrastructure companies, including Adani Green Energy, Adani Power, and Adani Energy Solutions, citing strong capacity expansion plans, robust demand visibility, and improving execution momentum across businesses.In its latest note, Jefferies said it remains positive on Adani Green Energy Limited with a “Buy” rating and a price target of Rs 1,435, implying limited near-term upsi…
New Delhi, June 4 (IANS) Despite energy market volatility, Indian corporates closed FY26 on a resilient note, as BSE 500 companies posted an aggregate profit after tax (PAT) growth of almost 14 per cent year-on-year in Q4FY26, largely in line with the previous quarter’s performance, a report said on Thursday.The report from Emkay Global Financial Services said that robust topline expansion, broad-based sectoral participation, healthy cash flows, and resilient balance sheets strengthened the earn…
Mumbai, June 1 (IANS) Shares of Inox Wind fell more than 8 per cent on Monday after the company reported a sharp decline in its earnings for the fourth quarter (Q4) of FY26.The wind energy solutions provider reported a consolidated net profit of Rs 105.68 crore for the January-March quarter, marking a decline of nearly 45 per cent from Rs 190.34 crore recorded in the corresponding period of the previous financial year.The fall in profitability came as operating expenses rose significantly during…
Mumbai, May 31 (IANS) Online travel aggregator EaseMyTrip has slipped into the loss in the fourth quarter (Q4) of FY26, reporting a consolidated net loss of Rs 15.4 crore compared to a profit of Rs 13.9 crore in the corresponding quarter last financial year (Q4 FY25).The company had posted a profit of Rs 3.4 crore in the preceding quarter of FY26. Despite the quarterly loss, EaseMyTrip reported a modest increase in revenue from operations, which rose 8.9 per cent year-on-year to Rs 151.9 crore i…
Mumbai, May 28 (IANS) Deepak Fertilisers and Petrochemicals Corporation Limited on Thursday reported a 50 per cent decline in fourth-quarter earnings (Q4 FY26) as higher maintenance and efficiency enhancement costs related to its ammonia plant weighed on margins.The company posted a 50 per cent year-on-year fall in consolidated net profit at Rs 139.4 crore for the quarter ended March 2026, compared with Rs 277 crore reported in the corresponding quarter of the previous financial year (Q4 FY25), …
Mumbai, May 28 (IANS) Defence public sector undertaking Bharat Dynamics Limited on Thursday reported a 59.5 per cent decline in earnings for the fourth quarter of fiscal 2026 (Q4 FY26).The company posted a profit of Rs 113 crore for the quarter ended March 31, compared to Rs 273 crore reported in the corresponding quarter of the previous financial year (Q4 FY25), according to its stock exchange filing.Revenue from operations also witnessed a steep fall of 73 per cent year-on-year to Rs 480 crore…
Mumbai, May 28 (IANS) Procter and Gamble Hygiene and Health Care Limited on Thursday reported a 2 per cent decline in net profit for the fourth quarter of fiscal 2026 (Q4 FY26).The company posted a consolidated net profit of Rs 153 crore in the January-March quarter, compared to Rs 156 crore reported in the corresponding quarter of the previous financial year (Q4 FY25), according to its stock exchange filing.Revenue from operations declined 5.1 per cent year-on-year to Rs 941 crore during the qu…
Mumbai, May 28 (IANS) Pharmaceutical major Alkem Laboratories Limited on Thursday reported a 27.7 per cent decline in consolidated net profit for the fourth quarter of fiscal 2026 (Q4 FY26), impacted by a one-time loss during the quarter.The company posted a net profit of Rs 236 crore for the quarter ended March 2026, compared to Rs 306 crore in the corresponding quarter of the previous financial year (Q4 FY25), according to its stock exchange filing.Alkem Labs said the earnings were affected by…