Mumbai, July 27 (IANS) State-owned Coal India Limited on Monday reported a marginal 0.6 per cent year-on-year (YoY) increase in its consolidated net profit for the first quarter of FY27, even as revenue rose strongly on higher sales. The company also announced an interim dividend of Rs 5.50 per equity share, according to its stock exchange filing.Coal India’s consolidated net profit stood at Rs 8,852 crore for the quarter ended June 30, 2026, compared with Rs 8,797 crore in the corresponding qua…
Latest FY27 News & Updates
Mumbai, July 27 (IANS) Tata Chemicals Limited on Monday reported a consolidated net loss of Rs 17 crore for the first quarter of FY27, compared with a net profit of Rs 252 crore in the corresponding period last year (Q1 FY26).The Tata Group company posted revenue from operations of Rs 4,255 crore for the quarter ended June 30, 2026, marking a 14.4 per cent year-on-year increase from Rs 3,719 crore in the year-ago period, according to its stock exchange filing.Commenting on the performance, Tata …
Rajkot (Gujarat), July 27 (IANS) An IndiGo flight from Dubai to Mumbai, with 194 people aboard, was diverted to Gujarat’s Rajkot airport for a precautionary landing on Monday after its crew declared an emergency on detecting smoke in the aircraft’s cargo hold.Flight 6E-1452, using an Airbus A321, was on its way when the cockpit received an indication of smoke in the cargo hold area.In line with standard aviation safety procedures, the crew diverted the aircraft to Rajkot International Airport in…
New Delhi, July 25 (IANS) AU Small Finance Bank on Saturday reported a 4.3 per cent sequential decline in its net profit for the first quarter (Q1) of FY27, according to the bank’s filing.However, on a year-on-year basis, the bank’s net profit rose 37 per cent, supported by strong growth in net interest income (NII).The bank’s net profit stood at Rs 795.95 crore (Rs 79,595.29 lakh) in the April-June quarter, compared with Rs 831.87 crore (Rs 83,186.95 lakh) in the preceding January-March quarter…
New Delhi, July 24 (IANS) Steel Authority of India Limited (SAIL) on Friday reported a 10.4 per cent sequential decline in its consolidated net profit for the April-June quarter (Q1 FY27), as lower revenue and other income weighed on the state-run steelmaker’s earnings.The company posted a consolidated net profit of Rs 1,644 crore for the quarter ended June, compared with Rs 1,835 crore in the January-March quarter (Q4 FY26), according to its stock exchange filing.Revenue from operations decline…
New Delhi, July 24 (IANS) An SBI Research report on Friday estimated that after accounting for GST collections together with states’ share in basic excise duty (BED), states are expected to be net gainers by approximately Rs 1.43 lakh crore in FY27 compared to FY26.Going forward, the report expects a rebound in the GST collections and yearly growth in the range of 8-9 per cent and the moderation in collection is due to rate rationalisation, which is on expected lines.Under the revised framework,…
New Delhi, July 24 (IANS) India’s automotive retail sales rose 28.6 per cent year‑on‑year in July 1–23, with all segments expanding compared with the same period last year, a report said on Friday.The report from Choice Institutional Equities said two‑wheeler sales grew 31 per cent YoY, while passenger vehicle sales rose 20.6 per cent YoY, driven by strong demand in the SUV and passenger car segments.Commercial vehicle sales recorded 27.3 per cent YoY growth, while three‑wheeler sales …
New Delhi, July 23 (IANS) InterGlobe Aviation — the parent company of IndiGo — on Thursday reported a consolidated net loss of Rs 238 crore for the first quarter of FY27, compared with a profit of Rs 2,176.3 crore in the corresponding period last year.Revenue from operations rose 19.9 per cent year-on-year to Rs 24,584 crore during the April-June quarter, up from Rs 20,496.3 crore a year earlier.However, the company posted a standalone net loss of Rs 382 crore for the quarter ended June 30.Tot…
Mumbai, July 23 (IANS) Pharma major Cipla Limited on Thursday reported a 39.2 per cent year-on-year decline in its consolidated net profit attributable to owners of the parent for the first quarter of FY27.The company posted a consolidated net profit of Rs 789.05 crore for the quarter ended June 30, 2026, compared with Rs 1,297.91 crore in the corresponding quarter of the previous financial year (Q1 FY26), according to its stock exchange filing.“We are pleased to share that we continue to make…
New Delhi, July 23 (IANS) Shares of private sector banking stock IndusInd Bank fell more than 6 per cent in early trade on Thursday after the bank posted its June quarter earnings.The banking stock plunged as much as 6.29 per cent to 1002.50, hitting an intraday low of Rs 1,002.50 on the BSE at around 11:50 am.At the last count, the stock was trading at Rs 1,006.75, a decrease of 5.90 per cent.The selling pressure in the banking stock came after the private lender reported a consolidated net pro…