New Delhi, July 10 (IANS) Elecon Engineering Company Ltd on Friday reported a sharp 60 per cent year-on-year decline in its consolidated net profit for the first quarter of FY27, as margin pressure weighed.The company’s consolidated net profit stood at Rs 70.4 crore during the April-June quarter, compared with Rs 175 crore in the corresponding period of the previous financial year, according to the exchange filing.On a standalone basis, the company’s net profit declined 75.5 per cent year-on-yea…
Latest Net Profit News & Updates
Mumbai, July 9 (IANS) Tata Consultancy Services (TCS), India’s largest software services exporter, on Thursday reported a consolidated net profit of Rs 13,349 crore for the first quarter of FY27, down around 3 per cent from Rs 13,718 crore recorded in the January-March quarter of the previous financial year (Q4 FY26). On a year-on-year basis, however, net profit rose 5 per cent from Rs 12,760 crore reported in the corresponding quarter last year (Q1 FY26).Revenue from operations increased 14 per…
New Delhi, June 24 (IANS) Bharat Dynamics has won an order worth Rs 1,347.71 crore from Hindustan Aeronautics Limited (HAL) for the manufacture of military hardware, including helicopter-mounted missile launchers, the defence PSU informed the stock exchanges on Wednesday.The order includes Helina Launchers and Line Replaceable Units (LRUs) worth Rs 1,109.37 crore and Counter Measures Dispensing System LRUs valued at Rs 238.34 crore.The contract will be executed in 24 to 60 months, Bharat Dynamic…
New Delhi, May 23 (IANS) Maharatna PSU Oil India Limited has successfully unlocked a new gas-bearing pay zone in Rajasthan’s Dandewala field, Union Petroleum and Natural Gas Minister Hardeep Singh Puri said on Saturday.In a post on social media platform X, the minister said the development marked a new chapter in India’s efforts to strengthen domestic energy production and move towards greater energy self-sufficiency.According to Puri, natural gas has started flowing for the first time from …
New Delhi, May 23 (IANS) Yatra Online on Saturday reported a 26 per cent decline in its revenue for the fourth quarter of FY26, while net profit also witnessed a marginal drop.The company posted a consolidated net profit of Rs 8.2 crore in the January-March quarter, down 1 per cent from Rs 8.3 crore reported in the previous quarter.While revenue from operations decreased by 26 per cent quarter-on-quarter (QoQ) to Rs 189 crore, compared to Rs 256.8 crore in the preceding quarter.Moreover, the com…
Mumbai, May 21 (IANS) LG Electronics India on Thursday reported an 8 per cent year-on-year (YoY) decline in net profit to Rs 693 crore for the March quarter (Q4) of FY26.The company posted a net profit of Rs 755 crore in the corresponding period last financial year (Q4 FY25), according to its stock exchange filing.Despite the decline on a yearly basis, profit after tax surged sharply by 672 per cent sequentially from Rs 90 crore reported in the December quarter of FY26.Revenue from operations du…
New Delhi, May 21 (IANS) Leading FMCG company Emami on Thursday reported an 11.7 per cent year-on-year (YoY) decline in consolidated net profit for the fourth quarter of financial year 2026 (Q4 FY26), as unfavourable seasonal conditions and geopolitical disruptions in West Asia impacted business performance.The company posted a consolidated net profit of Rs 143.18 crore for the quarter ended March 31, 2026, compared with Rs 162.17 crore in the corresponding period of the previous financial year …
Mumbai, May 21 (IANS) Government-owned Life Insurance Corporation (LIC) on Thursday reported a 23 per cent growth in its consolidated net profit at Rs 23,467 crore in the fourth quarter of the financial year 2025-26, compared with Rs 19,039 crore in the same period of the previous year.The LIC board recommended final dividend of Rs 10 per equity share of Rs 10 each (equivalent to Rs 20 per equity share pre-bonus issue basis).The record date for determining the eligibility of the investors for…
Mumbai, May 18 (IANS) Government-owned Life Insurance Corporation of India on Monday received approval from its shareholders for the allotment of fully paid-up bonus equity shares worth Rs 6,352 crore.The shares, which carry a face value of Rs 10, are being issued in a 1:1 ratio, effectively doubling its paid-up share capital. Under this structure, shareholders receive one new bonus equity share for every one existing share held. This is the first-ever bonus issue announced by the LIC.The compan…
Mumbai, May 12 (IANS) Torrent Power on Tuesday reported a sharp 70 per cent decline in consolidated net profit for the fourth quarter of FY26 at Rs 318 crore, compared to Rs 1,059.57 crore in the corresponding quarter of the previous financial year (Q4 FY25). The company had posted a net profit of Rs 643.08 crore in the preceding quarter, according to its stock exchange filing.The company’s revenue from operations, however, remained largely stable during the January-March quarter at Rs 6,406.0…