Mumbai, May 5 (IANS) Shares of Voltamp Transformers Limited plunged 20 per cent on Tuesday, hitting the lower circuit after the company reported a sharp decline in earnings for the March 2026 quarter.The stock fell to Rs 10,016 on the National Stock Exchange of India (NSE), wiping out significant investor wealth and dragging the company’s market capitalisation down to Rs 14,649.59 crore.By mid-afternoon session, the stock was trading at Rs 10,116, down over 19 per cent from its previous close …
Latest Financial Year News & Updates
New Delhi, May 3 (IANS) As the new financial year gains momentum, taxpayers must stay alert to a series of important compliance deadlines scheduled throughout May 2026, with experts stressing that timely action is essential to avoid penalties and additional charges.The month begins with a crucial deadline on May 7, when taxpayers are required to deposit tax deducted at source and tax collected at source for April.Government offices making payments without a challan must credit the tax to the Cen…
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…
Jaipur, April 2 (IANS) Rajasthan’s Mines Department has set a new benchmark by generating over Rs 10,394 crore in revenue in 2025–26, recording a 13 per cent growth rate and marking the highest-ever annual and monthly collections, officials said on Wednesday. Additional Chief Secretary (Mines and Petroleum) Aparna Arora said that, as per preliminary figures for the financial year 2025-26, the department has generated revenue exceeding Rs 10,394 crore.She noted that this achievement is …
New Delhi, March 24 (IANS) India’s primary market has remained strong in the financial year 2025–26 so far, with record fundraising on the mainboard even as activity in the SME segment slowed slightly, according to NSE’s Market Pulse report for March 2026 on Tuesday.The mainboard IPO segment continued its strong performance during the year. Between April and February, as many as 99 companies launched their public issues, raising a total of Rs 1.65 lakh crore.This is higher than the previou…
New Delhi, March 23 (IANS) The government on Monday said that India Inc has lined up capital expenditure (CAPEX) plans worth over Rs 11 lakh crore for the current financial year 2025-26, highlighting strong investment momentum in the private corporate sector.According to a survey by the National Statistical Office (NSO) released by the Ministry of Statistics & Programme Implementation (MoSPI), conducted between October and December 2025, the provisional aggregate CAPEX for FY26 is estimated …
Mumbai, March 9 (IANS) The government on Monday announced that it has bought back government securities worth Rs 6,309 crore through a switch auction conducted by the Reserve Bank of India, replacing near-term maturing bonds with longer-term instruments to manage its repayment obligations more smoothly.Government securities, commonly known as G-Secs, are debt instruments issued by the government to raise funds.These instruments are considered low-risk as they are backed by a sovereign guarantee …
New Delhi, Feb 27 (IANS) India’s real GDP growth rate for the October-December quarter (Q3) of the financial year 2025-26 is estimated at 7.8 per cent in the new series with 2022-23 as the base year, data for which was released by the Ministry of Statistics on Friday.The projected annual GDP growth rate for the full financial year 2025-26 has been pegged at 7.6 per cent compared with 7.1 per cent for 2024-25, according to the advance estimates, which were also released along with the data.Real G…
Jammu, Feb 19 (IANS) J&K Chief Minister Omar Abdullah announced that the regularisation of daily-rated workers will begin in a phased, structured, and transparent manner starting next financial year. During the Assembly discussion on Demands for Grants, the Chief Minister stated that the long-pending issue of regularising daily-rated workers will be addressed in phases beginning next financial year.Responding to concerns from members across party lines, the Chief Minister acknowledged the de…
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 …