Mumbai, May 4 (IANS) Electric two-wheeler maker Ather Energy on Monday reported a sequential increase in its net loss for the fourth quarter of FY26, even as the company posted strong revenue growth and improved year-on-year performance.The company’s net loss widened to Rs 100.23 crore in the January–March quarter (Q4 FY26), compared to Rs 84.64 crore in the preceding December quarter (Q3 FY26), according to its stock exchange filing.However, on a yearly basis, the loss narrowed significantl…
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Mumbai, April 30 (IANS) Dr Lal PathLabs on Thursday reported a decline of 15.2 per cent in its net profit for the fourth quarter ended March 31 (Q4 FY26).The diagnostic chain posted a net profit of Rs 131.3 crore for Q4, compared to Rs 154.8 crore in the corresponding period previous financial year (Q4 FY25), according to its stock exchange filing.The drop in profit came despite a healthy rise in revenue, which grew 16.6 per cent year-on-year to Rs 702.7 crore compared to Rs 602.6 crore, driven …
New Delhi, April 14 (IANS) India’s listed hotel operators are expected to add over 70,000 keys by 2030 as the sector moves from post‑pandemic recovery into structural maturity, a report said on Tuesday.The report from CBRE South Asia Pvt. Ltd. said the sector’s market size is expected to rise from $24.6 billion in 2024 to around $31 billion by 2029, driven by domestic tourism, which posted a 40 per cent YoY rise to 4.1 billion visits in 2025.The supply pipeline in 2025 shifted decisively t…
New Delhi, March 30 (IANS) India’s construction players are expected to witness a revenue growth of 6-8 per cent in 2026-27 after two bleak years, a report said on Monday.Construction revenue growth is likely to remain muted in 2025-26 at 2 to 4 per cent, with increased pressure on road contractors, the report from ICRA said.The shrinking order books for road contractors amid muted project awarding by the Ministry of Road Transport and Highways led to the muted growth.Further, a slowdown in Ja…
Mumbai, March 17 (IANS) Shares of Infosys came under sharp selling pressure on Tuesday, with the stock hitting an over six-year low during intra-day trade. The stock slipped as much as 3 per cent to Rs 1,215.15 on the BSE, falling below its previous low of Rs 1,215.45 recorded in April 2023. This marks its weakest level since December 2020.The recent fall has been significant. So far in calendar year 2026, Infosys shares have declined around 25 per cent, much steeper than the 11.4 per cent drop …
Chandigarh, March 3 (IANS) Punjab Finance Minister Harpal Cheema on Tuesday said the government has emerged among the top three states in terms of revenue growth, asserting that the state’s financial performance over the past four years reflects structural reforms, fiscal discipline, and administrative transparency. Cheema presented detailed data to the media here and described it as a decisive turnaround in the state’s fiscal health. “Punjab’s own tax revenue has surged significa…
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 …
Mumbai, Feb 12 (IANS) Black Box Limited, a leading provider of digital infrastructure solutions, announced its unaudited financial results for the quarter and nine months ended December 31, 2025. The Company delivered sustained growth, with improvements across revenue and operating profit, driven by broad-based performance across its key markets.With its transformation program now stabilized and a focused go-to-market architecture in place, the Company continues to advance toward revenue acceler…
New Delhi, Jan 14 (IANS) The Indian hospitality market is exhibiting higher structural growth driven primarily by domestic travel demand, which makes the sector less exposed to global shocks than in the pre-Covid-19 period, a report said on Wednesday.The report from ICRA said industry revenues are expected to grow in FY26 despite a high FY25 base, supported by leisure travel, meetings, incentives, conferences and events, weddings, and business travel.Pan‑India premium hotel occupancy rate is a…
Mumbai, Jan 6 (IANS) Shares of Tata Group retailer Trent Limited plunged sharply on Tuesday, rattling investors despite the company reporting double-digit revenue growth for the December quarter. The stock fell as much as 8.3 per cent to Rs 4,060.65 on the BSE, wiping out nearly Rs 13,000 crore in market capitalisation.The sharp sell-off came even as Trent posted a 17 per cent year-on-year (YoY) rise in standalone revenue to Rs 5,220 crore in the October–December quarter.However, investors foc…