Mumbai, April 29 (IANS) Indiabulls Limited on Wednesday reported a 46.4 per cent rise in profitability for the March quarter (Q4 FY26), closing a transformational financial year marked by its merger and strategic shift towards a real estate-led business model supported by diversified financial services.The company posted a profit after tax of Rs 194 crore for the quarter ended March 31, according to the financial statement.Revenue during the quarter stood at Rs 418 crore, it added in its financi…
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Mumbai, April 29 (IANS) Force Motors on Wednesday reported a sharp 40 per cent decline in profitability for the March quarter (Q4 FY26).The company’s net profit fell to Rs 278.5 crore, compared to Rs 434.7 crore in the same period previous financial year (Q4 FY25), according to its stock exchange filing.Despite the drop in bottom line, the automaker maintained steady growth in its topline.Revenue for the quarter rose 8.2 per cent to Rs 2,550 crore from Rs 2,356 crore a year ago, supported by c…
New Delhi, March 2 (IANS) IT industry’s apex body Nasscom on Monday said it has advised member companies to defer travel to affected areas amid the evolving situation in the Middle East.Member companies have also been advised to enable work-from-home arrangements for employees currently in the region, said Nasscom in a statement.“We are in constant touch with the Nasscom Middle East Council and advise all employees in the region to remain in regular contact with their respective local embass…
New Delhi, Feb 24 (IANS) Financial disclosures filed by PhonePe indicate a marked improvement in revenue scale, profitability metrics, and cash generation over the last three fiscal years, signalling a shift in the company’s financial trajectory amid India’s evolving fintech landscape.According to the Draft Red Herring Prospectus (DRHP), PhonePe’s revenue from operations increased from ₹29,142.87 million in FY23 to ₹71,148.58 million in FY25, representing a compound annual growth rate …