New Delhi, May 20 (IANS) State-run Bharat Petroleum Corporation Limited (BPCL) has increased its intake of Russian crude oil to around 41 per cent amid ongoing supply disruptions from the West Asia conflict, a senior company official said on Wednesday.Russian crude now accounts for about 40–41 per cent of total imports, up from 31 per cent in the fourth quarter of FY26 and 25 per cent in the third quarter, said Vetsa Ramakrishna Gupta, Director (Finance), BPCL.Gupta said the company has steppe…
Latest FY26 News & Updates
New Delhi, May 19 (IANS) Women’s share of CAMS‑serviced AUM rose to Rs 11.3 trillion from Rs 10 trillion a year earlier, a 13 per cent increase compared with 11 per cent growth among men, a report said on Tuesday.The report from registrar and transfer agent to mutual funds, Computer Age Management Services Limited (CAMS), said that women hold Rs 11.3 trillion in mutual fund assets under management in CAMS-serviced funds and contributed Rs 3 trillion in gross inflows during FY26.Total inflows…
Mumbai, May 18 (IANS) Shares of Alembic Pharmaceuticals Limited fell more than 9 per cent on Monday after the Gujarat-based drugmaker reported lower-than-expected earnings for the March 2026 quarter, with pressure on operating margins weighing on investor sentiment.The stock declined as much as 9 per cent to hit an intra-day low of Rs 710.70 on the National Stock Exchange of India (NSE).At the closing bell, the shares were down by 7.42 per cent or Rs 58.20 at Rs 725.90. On a year-to-date basis, …
New Delhi, May 16 (IANS) India’s leading software services provider, Tata Consultancy Services (TCS), is repositioning itself as an AI and digital transformation partner as it sharpens focus on full-stack artificial intelligence solutions across industries, Chairman N Chandrasekaran has said.In a message to shareholders in the company’s FY26 annual report, Chandrasekaran said enterprises are rapidly accelerating adoption of generative and agentic AI technologies.TCS also scaled up execution …
Mumbai, May 15 (IANS) Bajaj Electricals on Friday reported a consolidated net loss of Rs 67.5 crore for the fourth quarter (Q4) of FY26, compared with a net profit of Rs 59.1 crore in the corresponding quarter last financial year, as weaker operating performance and a sharp reversal in exceptional items weighed on earnings.The company’s revenue from operations declined 2.1 per cent year-on-year to Rs 1,239.5 crore during the March quarter from Rs 1,265.5 crore in the same period of the previou…
Mumbai, May 15 (IANS) VST Tillers Tractors on Friday reported a sharp 80 per cent year-on-year (YoY) decline in net profit for the fourth quarter ended March 31 (Q4 FY26), primarily due to a steep fair value loss on investments during the period.The company posted a net profit of Rs 5 crore for the March quarter compared with Rs 24.5 crore in the corresponding quarter of the previous financial year (Q4 FY25), according to its stock exchange filing.Despite the sharp decline in profit, revenue fro…
New Delhi, May 15 (IANS) India’s overall exports registered a strong growth of 13.6 per cent year-on-year (YoY) to reach $80.8 billion in April 2026, despite geopolitical tensions in West Asia disrupting key trade routes and global markets, according to government data released on Friday.The goods exports rose to a record $43.56 billion in April, compared to $38.28 billion in the same month last year.Meanwhile, services exports also witnessed healthy growth, increasing to $37.2 billion from $3…
Mumbai, May 15 (IANS) Jain Irrigation Systems on Friday reported a consolidated net loss of Rs 19 crore for the fourth quarter (Q4) of FY26, compared to a net profit of Rs 27.9 crore in the corresponding quarter last financial year (Q4 FY25).Despite the loss, the company’s revenue from operations rose 4.3 per cent year-on-year (YoY) to Rs 1,824 crore in the March quarter, up from Rs 1,748.7 crore in the year-ago period, according to its stock exchange filing.Earnings Before Interest, Tax, Depr…
New Delhi, May 14 (IANS) Tata Motors Passenger Vehicles Ltd.’s net profit for the Q4 FY26 dropped 31.7 per cent (year‑on‑year) to Rs 5,631 crore as margins compressed even when revenue rose modestly, an exchange filing showed on Thursday.Tata Motors Passenger Vehicles Ltd. said consolidated revenue from operations rose to about Rs 1.04 lakh crore, marking a rise of 7 per cent on YoY basis.Earnings before interest, taxes, depreciation and amortisation (EBITDA) fell 21.7 per cent to Rs 11,212 …
Mumbai, May 14 (IANS) State-run gas distributor Mahanagar Gas Limited (MGL) has hiked compressed natural gas (CNG) prices across the Mumbai Metropolitan Region (MMR), raising retail rates by Rs 2 per kg.Following the latest revision, CNG will now cost Rs 84 per kg across Mumbai, Thane, Navi Mumbai and other parts of the MMR with immediate effect.The fuel was previously priced at Rs 82 per kg. The latest hike comes amid rising input costs and prevailing market conditions.Reports claim that soon a…