New Delhi, Feb 20 (IANS) Passenger vehicle retail sales rose 7 per cent in January (year-on-year) in India, while wholesale volumes rose 12 per cent to 4.5 lakh units, a report said on Friday.The report from ICRA said wholesale dispatches grew 14 per cent sequentially over December 2025, even as original equipment manufacturers (OEMs) ramped up production to cater to robust domestic demand.ICRA forecasts passenger vehicle wholesale volumes to expand 5–7 per cent in FY26, supported by sustained…
Latest FY26 News & Updates
Mumbai, Feb 3 (IANS) Bajaj Finance on Tuesday reported a 5.6 per cent decline in consolidated net profit for the December quarter (Q3 FY26).The non-banking financial company (NBFC) posted a net profit of Rs 4,066 crore, compared to Rs 4,308 crore in the same quarter last financial year (Q3 FY25), according to its stock exchange filing.On a sequential basis, profit fell 18 per cent from Rs 4,947 crore reported in the September quarter (Q2 FY26), as per its regulatory filing.The company said profi…
Mumbai, Jan 29 (IANS) Food delivery and quick commerce company Swiggy on Thursday reported a wider consolidated net loss of Rs 1,065 crore for the third quarter (Q3) of FY26, compared with a loss of Rs 799 crore in the same period last financial year (Q3 FY25).Despite the higher loss on a year-on-year basis, the company posted strong revenue growth, driven mainly by its food delivery and quick commerce businesses.Swiggy’s revenue from operations rose sharply by 54 per cent year-on-year (YoY) t…
Ahmedabad, Jan 29 (IANS) Adani Power Limited on Thursday reported a 5.3 per cent rise in its continuing profit before tax (PBT) for the third quarter (Q3) of FY26, even as power demand remained muted due to extended monsoons and cooler weather conditions. The company’s PBT stood at Rs 2,800 crore in Q3 FY26 compared to Rs 2,659 crore in the same period last financial year, supported mainly by lower finance costs and stable operating performance, according to its stock exchange filing.”Adani Po…
Mumbai, Jan 28 (IANS) Maruti Suzuki India Limited on Wednesday reported a modest rise in net profit of 4 per cent for the October–December quarter (Q3) of FY26, supported by strong sales growth and a sharp recovery in the domestic car market, especially in the small car segment.The country’s largest carmaker posted a net profit of Rs 3,794 crore for the quarter from Rs 3,659.3 crore in the same period last financial year (Q3 FY25), according to its stock exchange filing.The profit figure inc…
New Delhi, Jan 26 (IANS) As India approaches Union Budget 2026-27, industry sentiment points to a clear shift from headline announcements to policy direction, continuity and execution, a survey showed on Monday.Against global uncertainty and a calibrated fiscal consolidation path towards a deficit of about 4.4 per cent of GDP, Budget 2026 is being read as a signal of India’s medium-term economic intent, according to Grant Thornton Bharat’s ‘Pre Budget Survey 2026’.With the economy expect…
New Delhi, Jan 22 (IANS) The outlook on the Indian aviation industry is “stable,” driven by the anticipation of modest growth in domestic air passenger traffic in FY26, according to an ICRA report on Thursday.ICRA has revised its forecasts for the domestic air passenger traffic growth in FY26 to 0-3 per cent, reaching 165-170 million, lower than its previous expectations of 4-6 per cent on a YoY basis. This is attributed to cross-border escalations (that led to flight disruptions and cancell…
New Delhi, Jan 21 (IANS) India’s two-wheeler industry recorded a sharp rebound in December 2025 up 9.5 per cent year-on-year, supported by year-end demand, policy-led affordability improvements and improving macro conditions, a report said on Wednesday.Ratings agency ICRA said in the report domestic two-wheeler volumes is expected to grow 6–9 per cent year-on-year in domestic volumes during FY26, driven by recovery in replacement demand, urban consumption and stable rural incomes.“The reco…
Mumbai, Jan 21 (IANS) Supreme Industries on Wednesday reported 18 per cent year-on-year (YoY) decline in its consolidated net profit for the December quarter (Q3) of FY26.The company’s net profit fell to Rs 153.4 crore in Q3 FY26, compared with Rs 187 crore in the same quarter last financial year (Q3 FY25), according to its stock exchange filing.Despite the fall in profit, revenue from operations rose by 7 per cent to Rs 2,687 crore during the quarter.Earnings before interest, tax, depreciatio…
Mumbai, Jan 17 (IANS) ICICI Bank on Saturday reported a 2.68 per cent year-on-year (YoY) decline in its consolidated net profit for the December quarter (Q3 FY26). The bank posted a profit of Rs 12,537.98 crore in the third quarter, compared to Rs 12,883.37 crore in the same period last financial year (Q3 FY25).On a quarter-on-quarter (QoQ) basis, the bank’s profit fell 6.13 per cent from Rs 13,357.06 crore reported in the July–September quarter (Q2) of FY26, according to its stock exchange …