Mumbai, April 29 (IANS) Force Motors on Wednesday reported a sharp 40 per cent decline in profitability for the March quarter (Q4 FY26).The company’s net profit fell to Rs 278.5 crore, compared to Rs 434.7 crore in the same period previous financial year (Q4 FY25), according to its stock exchange filing.Despite the drop in bottom line, the automaker maintained steady growth in its topline.Revenue for the quarter rose 8.2 per cent to Rs 2,550 crore from Rs 2,356 crore a year ago, supported by c…
Latest FY26 News & Updates
Mumbai, April 27 (IANS) Mahindra Holidays and Resorts India Limited on Monday reported a 43 per cent decline in its fourth-quarter earnings (Q4 FY26), with consolidated profit after tax falling to Rs 41.49 crore for the quarter ended March 31. The company had posted a profit of Rs 72.94 crore in the same period previous financial year (Q4 FY25), according to its regulatory filing.The drop in profit came despite a rise in revenue, as the company faced higher expenses and one-time impacts.Revenue …
New Delhi, April 25 (IANS) Headcount at India’s top IT firms declined by over 7,000 in FY26, which highlighted a sharp reversal in hiring trends as companies turned cautious on workforce expansion amid an increasing focus on Artificial Intelligence (AI) and changing demand in the industry.However, the combined headcount of major IT services providers — Tata Consultancy Services, Infosys, HCLTech, Wipro and Tech Mahindra — fell by 7,389 employees in FY26, compared to a net addition of 12,718 in…
Ahmedabad, April 24 (IANS) Renewable energy major Adani Green Energy on Friday reported a strong performance for the March quarter of FY26, with its consolidated net profit rising 34 per cent year-on-year to Rs 514 crore, aided by strong EBITDA growth.The company had posted a net profit of Rs 383 crore in the corresponding quarter of the previous financial year, according to its stock exchange filing.Revenue from core operations during the January-March quarter also saw a healthy increase of 14 …
New Delhi, April 23 (IANS) IT services major Infosys on Thursday reported a 28 per cent quarter-on-quarter growth in its consolidated net profit for the fourth quarter of FY26.The company posted a net profit (after non-controlling interests) of Rs 8,501 crore, an increase of 21 per cent (year-on-year) compared to Rs 7,033 crore in Q4 FY25. On a sequential basis, profit jumped 27.8 per cent from Rs 6,654 crore in Q4.Operating profit stood at Rs 9,743 crore, up 13.6 per cent year-on-year and up 16…
Mumbai, April 22 (IANS) SBI Life Insurance on Wednesday reported a marginal 1 per cent decline in its net profit for the fourth quarter of FY26, even as premium income showed strong growth.During the quarter, the insurer’s profit after tax (PAT) stood at Rs 804.64 crore, compared with Rs 813.5 crore in the same quarter last year.On a quarter-on-quarter basis, net profit jumped by about 40 per cent from Rs 576.74 crore in the third quarter of the fiscal.Moreover, net premium income rose 16 per …
Mumbai, April 21 (IANS) The Indian wealth and asset management firm 360 ONE WAM Limited on Tuesday reported an 11.8 per cent quarter-on-quarter (QoQ) decline in its consolidated net profit for the fourth quarter (Q4) of FY26.The company posted a net profit of Rs 289 crore for the quarter, compared to Rs 327 crore in the previous quarter (Q3 FY26), as per its regulatory filing.Revenue also declined 5.6 per cent on a quarter-on-quarter basis to Rs 1,115 crore from Rs 1,181 crore, while EBITDA fell…
Mumbai, April 21 (IANS) Oberoi Realty has reported a 24.86 per cent decline in the number of units sold in FY26, even as the company posted a sharp rise in quarterly bookings driven by strong demand for premium housing.The Mumbai-based developer said the total number of units booked during the financial year fell to 698 units, compared to 929 units in FY25, according to its stock exchange filing.The total carpet area booked during the year also declined by 10.61 per cent to 11,47,557 square feet…
Mumbai, April 20 (IANS) India’s primary market remained strong in FY26 with 153 IPOs collectively raising Rs 2,01,442 crore, even as broader equity markets underwent a correction, a new report said on Monday.In its outlook for FY27, HDFC Securities highlighted that robust IPO activity reflects sustained investor appetite and confidence in India’s growth story despite global uncertainties and market volatility.The report noted that India’s macroeconomic fundamentals remain resilient, with r…
New Delhi, April 18 (IANS) HDFC Bank on Saturday said the process for re-appointing its Managing Director and CEO Sashidhar Jagdishan will be taken up ‘in due course’, with the bank’s nomination and remuneration committee (NRC) currently seized of the matter.Responding to a query by NDTV Profit, Deputy Managing Director Kaizad Bharucha said the committee will take a final call on Jagdishan’s reappointment at an appropriate time.Jagdishan’s current tenure is set to end in October 2026.M…