Latest Profit Decline News & Updates

Mumbai, April 22 (IANS) Tata Communications Limited on Wednesday reported a 74.7 per cent decline in profitability for the fourth quarter (Q4) of FY26.According to an exchange filing, the Tata Group telecom firm’s consolidated net profit fell sharply by 74.7 per cent year-on-year to Rs 263.25 crore in Q4 FY26, compared to Rs 1,040.34 crore in the same period previous financial year.Sequentially, too, net profit dropped 28 per cent from Rs 364.28 crore reported in the December quarter (Q3 FY26)…

Mumbai, April 14 (IANS) Eimco Elecon (India) Limited on Tuesday reported a 57.22 per cent decline in its fourth-quarter profit (Q4) for FY26.The Gujarat-based mining and construction equipment manufacturer posted a profit of Rs 6.36 crore for the quarter ended March 31 (Q4 FY26), compared to Rs 14.87 crore in the same period previous financial year (Q4 FY25).Profit before tax also fell significantly by 54.55 per cent year-on-year to Rs 8.94 crore, according to its stock exchange filing.Despite t…

Mumbai, Feb 12 (IANS) Hindalco Industries, the flagship metals company of the Aditya Birla Group, on Thursday reported a 45 per cent fall in its consolidated net profit for the December quarter (Q3 FY26).The company’s net profit declined to Rs 2,049 crore in the December quarter, compared with Rs 3,735 crore in the same period last financial year (Q3 FY25), according to its stock exchange filing.On a sequential basis, profit after tax fell even more sharply by 57 per cent from Rs 4,741 crore r…