New Delhi, June 11 (IANS) India’s listed auto ancillary sector has nearly tripled its revenues to about Rs 5 lakh crore over the past decade, an 11 per cent compound annual growth rate (CAGR) during FY16-26, a report said on Thursday.The report from Equirus Securities forecasted the sector to remain on a strong growth trajectory, with a 21 per cent profit CAGR during FY26-28, supported by rising vehicle content, premiumisation trends, export opportunities and growing adoption of electric vehicle…
Latest Financial Performance News & Updates
New Delhi, June 7 (IANS) Tata Motors Limited will continue investing in electric and hydrogen-based technologies for its commercial vehicle business as the shift towards cleaner mobility accelerates, Chairman Natarajan Chandrasekaran said in his message to shareholders in the company’s annual report for 2025-26.Chandrasekaran said the transition to sustainable transportation cannot rely on a single technology and will require a mix of electric vehicles, hydrogen-powered solutions and cleaner int…
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…
New Delhi, May 23 (IANS) State-owned energy services provider NTPC Limited on Saturday reported a strong financial performance for the fourth quarter and full financial year ended March 31, 2026, driven by operational gains, capacity additions and improved efficiencies.The public sector company reported a 75 per cent quarter-on-quarter (QoQ) growth in profit after tax (PAT) in the January-March quarter to Rs 8,747 crore from Rs 4,987 crore reported in the third quarter of FY2026.For the full fin…
Mumbai, May 21 (IANS) Government-owned Life Insurance Corporation (LIC) on Thursday reported a 23 per cent growth in its consolidated net profit at Rs 23,467 crore in the fourth quarter of the financial year 2025-26, compared with Rs 19,039 crore in the same period of the previous year.The LIC board recommended final dividend of Rs 10 per equity share of Rs 10 each (equivalent to Rs 20 per equity share pre-bonus issue basis).The record date for determining the eligibility of the investors for…
Ahmedabad, April 30 (IANS) ACC Limited, part of the Adani Cement portfolio, on Thursday reported a strong financial performance for FY26 with revenue from operations rising 18 per cent year-on-year (YoY) to Rs 25,962 crore, while operating EBITDA stood at Rs 2,950 crore.The company also achieved its highest-ever annual sales volume at 43.9 million tonnes, according to its stock exchange filing.Commenting on the performance, ACC CEO Vinod Bahety said the company delivered sustained growth driven …
Mumbai, April 21 (IANS) JSW Energy Limited on Tuesday said its subsidiary, JSW Mahanadi Power Company Limited, has received a demand notice of Rs 1,447.34 crore from the Water Resources Division in Janjgir, Chhattisgarh, towards water charges, most of which relate to the period before the approval of its resolution plan under the Insolvency and Bankruptcy Code, 2016.The company stated that the National Company Law Tribunal (NCLT), Hyderabad, had approved the resolution plan on February 13, 2025,…
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, 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) Hindustan Aeronautics Limited (HAL) on Thursday reported a strong financial performance for the December quarter of the current financial year (Q3 FY26) as the defence public sector company posted a 29.6 per cent year-on-year rise in its consolidated net profit.HAL’s profit after tax for the quarter stood at Rs 1,866.66 crore, compared to Rs 1,439.79 crore in the same period last financial year (Q3 FY25), according to an exchange filing.The company’s revenue from operat…