Mumbai, July 24 (IANS) State-owned Bank of Baroda on Friday reported a sharp 71.9 per cent decline in its net profit for the April-June quarter (Q1 FY27), as a substantial one-time loss of Rs 5,680 crore weighed heavily on its bottom line despite healthy growth in net interest income and interest earnings.The public sector lender posted a net profit of Rs 1,278 crore for the quarter ended June, compared with Rs 4,541 crore in the corresponding quarter of the previous financial year (Q1 FY26), ac…
Latest Q1 FY27 News & Updates
New Delhi, July 22 (IANS) Tata Communications Limited on Wednesday reported a 29 per cent dip in net profit for Q1 FY27, while revenue from operations rose 10 per cent to Rs 6,583 crore from Rs 5,960 crore a year earlier.The company incurred a one‑time cost of Rs 106 crore in the quarter linked to actuarial provisions as the government in November 21, 2025 changed the legal definition of “wages” under India’s labour codes, according to an exchange filing.Tata Communications said it had e…
Ahmedabad, July 22 (IANS) Adani Power on Wednesday reported solid growth of 47.2 per cent in consolidated profit after tax (PAT) at Rs 4,867 crore in Q1 FY27, compared to Rs 3,305 crore in Q1 FY26, due to tight control over finance costs despite growth in operations and ongoing capital expenditure programme.The Adani Group company posted strong 26.6 per cent growth in consolidated continuing total revenue for Q1 FY27 at Rs 17,936 crore compared to Rs 14,167 crore in Q1 FY26, which is in line wit…
Ahmedabad, July 21 (IANS) Adani Energy Solutions Limited on Tuesday reported a sharp rise in its first-quarter earnings (Q1 FY27), with consolidated net profit more than doubling on the back of strong growth in revenue from its transmission business.The company reported a consolidated net profit of Rs 1,149 crore for the quarter ended June 30, compared with Rs 513 crore in the corresponding quarter of the previous financial year, according to its stock exchange filing.Consolidated revenue from o…
Mumbai, July 20 (IANS) Paytm (One 97 Communications Limited), India’s full stack merchant payments leader serving MSMEs and enterprises, and a leading financial services distribution company, and the pioneer of mobile payments, QR codes, and Soundbox, on Monday announced its financial results for the quarter ending June 2026 (Q1 FY 2027), reporting its highest ever quarterly EBITDA, driven by growth acceleration across merchant and consumer businesses, EBITDA margin expansion, and AI-led accel…
Mumbai, July 17 (IANS) Central Bank of India on Friday reported a 13.3 per cent year-on-year increase in its net profit for the first quarter (Q1 FY27), driven by healthy growth in net interest income and lower provisions, even as its operating profit declined during the quarter.The state-owned lender posted a net profit of Rs 1,324 crore for the April-June quarter, compared to Rs 1,169 crore in the corresponding period of the previous financial year (Q1 FY26), according to its stock exchange fi…
New Delhi, July 13 (IANS) Despite global headwinds, India’s total exports (merchandise and services) reached $232.73 billion during the April-June period (Q1 FY27), registering a positive growth of 11.37 per cent, the Commerce Ministry data showed on Monday.Merchandise exports during the April-June period were $129.32 billion, compared to $111.57 billion during April-June in FY26. The merchandise trade deficit during April-June FY27 was $86.86 billion compared to $68.75 billion during the same…
Mumbai, July 11 (IANS) After rallying for four consecutive weeks, the Indian equity benchmarks posted mild weekly loss, as escalating tensions in West Asia sent crude prices higher.Nifty lost 0.26 per cent during the week and edged up 1.02 per cent on the last trading day to reach 24,206. At close, Sensex was up 827 points, or 1.08 per cent, at 77,569. It lost 0.25 per cent during the week.Indian equities experienced a volatile week, with early optimism giving way to a sharp bout of risk aversio…
New Delhi, June 21 (IANS) Crude oil prices have retreated sharply and are trading near their lowest levels since the onset of the Middle East conflict. According to analysts, if the US-Iran situation progresses positively and full normalcy is restored at the Strait of Hormuz, crude prices may soften further.However, “we expect crude oil prices to rise again as countries are expected to replenish inventories and Strategic Petroleum Reserve (SPRs) to maintain optimum resource levels, creating in…