Mumbai, July 14 (IANS) Jindal Saw Limited on Tuesday reported a 75 per cent year-on-year (YoY) decline in profitability for the quarter ended June 2026 (Q1 FY27).The iron and steel pipes manufacturer posted a consolidated net profit of Rs 104 crore in the first quarter of FY27, down from Rs 424 crore in the corresponding period last financial year (Q1 FY26).Revenue from operations rose 9 per cent year-on-year to Rs 4,452 crore, compared with Rs 4,085 crore in the year-ago quarter, as per its sto…
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Mumbai, July 1 (IANS) Ashiana Housing Limited on Wednesday reported a decline in bookings during the first quarter of FY27 as the total area booked during the quarter fell to 3.61 lakh square feet from 5.95 lakh square feet in the corresponding quarter of the previous financial year.According to the company’s quarterly operational update for the period ended June 30, 2026, the value of bookings also declined year-on-year to Rs 357.80 crore from Rs 430.97 crore. During the quarter, the company re…
Mumbai, June 26 (IANS) Across Mumbai and the rest of Maharashtra, observance of Muharram (Ashura) on Friday brought a solemn, reflective atmosphere to both major urban hubs and rural districts. The day’s events highlight a mix of deep religious significance and state-wide coordination.As a gazetted public holiday in Maharashtra, the state experienced a widespread pause in commercial activity.The Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) remained closed for trading.Physica…
New Delhi, June 2 (IANS) State-owned Canara Bank has approved a plan to raise up to Rs 8,500 crore through debt instruments during FY27 as the lender looks to strengthen its capital base and support future business growth.In an exchange filing, the public-sector bank said its board had approved raising up to Rs 4,500 crore through Basel III-compliant Additional Tier I (AT1) bonds and up to Rs 4,000 crore through Basel III-compliant Tier II bonds.The fundraising will be carried out during FY27, s…
Mumbai, May 7 (IANS) Baba Kalyani run Bharat Forge on Thursday reported a 17.4 per cent year-on-year (YoY) decline in its consolidated net profit for the fourth quarter of financial year 2025-26 (Q4 FY26).The forged and machined components manufacturer posted a consolidated profit after tax (PAT) of Rs 233.44 crore for the January-March quarter, compared to Rs 282.62 crore in the corresponding quarter of the previous financial year (Q4 FY25), according to its stock exchange filing.Revenue fro…
Mumbai, March 26 (IANS) The Indian stock markets will remain closed for trading on Thursday on the occasion of Ram Navami.According to the stock market holiday calendar, the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) will remain shut and no trading will take place. Moreover, the Equity Segment, Equity Derivative Segment, Currency Derivatives Segments and NDS-RST and Tri Party Repo segments will remain closed for trading.The Multi Commodity Exchange of India (MCX) declared …
Mumbai, Jan 31 (IANS) Specialty chemicals manufacturer Vinati Organics on Saturday reported a 12.2 per cent year-on-year (YoY) decline in its financial performance for the December quarter (Q3 FY26), as softer market conditions weighed on earnings.The company’s net profit fell to Rs 101 crore in the third quarter, compared to Rs 115 crore in the same period last financial year.Revenue also declined, slipping 3.5 per cent to Rs 531 crore from Rs 550 crore a year earlier, according to its stock …
New Delhi, Dec 31 (IANS) The dividend payout to the Government from Central public sector enterprises (CPSEs) has jumped by 86.2 per cent from Rs 39,750 in 2020–21 to Rs 74,017 crore in 2024-25, reflecting the Centre’s efficient capital management policies, enhanced accountability mechanisms, and appropriate spacing of disinvestment transactions, according to a statement issued by the Finance Ministry on Wednesday.In 2025, the Finance Ministry’s Department of Investment and Public Asset Ma…
Mumbai, Dec 29 (IANS) Shares of Dixon Technologies continued to slide for the sixth consecutive session on Monday, falling another 4 per cent to Rs 11,821. This marked the stock’s lowest level since August 2024, as selling pressure remained strong.At the closing bell, the shares were down by Rs 448 or 3.63 per cent to Rs 11,880 on the National Stock Exchange (NSE).The stock has been in a sharp downtrend since late September and has lost around 35 per cent of its value from its peak of Rs 18,47…