Mumbai, April 30 (IANS) Adani Ports and Special Economic Zone Limited (APSEZ) on Thursday reported a strong financial performance for FY26, with net profit increasing 16 per cent year-on-year (YoY) to Rs 12,782 crore.The India’s largest integrated transport operator’s revenue jumped 25 per cent to Rs 38,736 crore, driven by record cargo volumes and robust growth across logistics and marine businesses, as per its stock exchange filing.The company’s earnings before interest, tax, depreciatio…
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Mumbai, April 29 (IANS) Fino Payments Bank Limited on Wednesday reported a sharp decline in profitability for the March quarter, with net profit falling 70.4 per cent year-on-year to Rs 7.1 crore from Rs 24 crore in the same period previous financial year (Q4 FY25).Despite the drop in earnings, the bank showed resilience in core operating metrics. Net interest income (NII) rose 31.5 per cent to Rs 35.2 crore during the quarter, compared to Rs 26.8 crore a year ago, as per its regulatory filing.T…
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…
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, April 28 (IANS) Leading automaker Maruti Suzuki India Ltd on Tuesday reported more than 6 per cent decline in consolidated net profit for Q4 FY26 on year-on-year basis, even as revenue increased, according to its exchange filing.The automaker posted a consolidated net profit of Rs 3,659 crore for the January-March quarter, down 6.4 per cent year-on-year from Rs 3,911 crore, and lower by 5.7 per cent quarter-on-quarter from Rs 3,879 crore.In terms of revenue, the company saw a rise of …
Ahmedabad, April 27 (IANS) Adani Total Gas Limited (ATGL) on Monday reported a 9 per cent year-on-year (YoY) increase in its net profit for the quarter of FY26 ended March 31.The company recorded a consolidated net profit of Rs 168.34 crore in the March-ended quarter (Q4 FY26), compared to Rs 154.59 crore in the corresponding period previous financial year (Q4 FY25), according to its stock exchange filing.On a sequential basis, profit rose 8 per cent from Rs 157.22 crore in the December quarter….
Mumbai, April 27 (IANS) Mahindra Holidays and Resorts India Limited on Monday reported a 43 per cent decline in its fourth-quarter earnings (Q4 FY26), with consolidated profit after tax falling to Rs 41.49 crore for the quarter ended March 31. The company had posted a profit of Rs 72.94 crore in the same period previous financial year (Q4 FY25), according to its regulatory filing.The drop in profit came despite a rise in revenue, as the company faced higher expenses and one-time impacts.Revenue …
New Delhi, April 27 (IANS) India’s major drugmaker Sun Pharmaceutical Industries on Monday announced that it will acquire New York-listed Organon & Co in an all-cash deal valued at $11.75 billion, its biggest overseas acquisition to date.Under the agreement, the pharmaceutical firm will acquire 100 per cent of Organon’s outstanding shares at $14 per share, translating into an enterprise valuation of $11.75 billion and an equity value of around $3.99 billion, the company said in an exchan…
New Delhi, April 23 (IANS) IT services major Infosys on Thursday reported a 28 per cent quarter-on-quarter growth in its consolidated net profit for the fourth quarter of FY26.The company posted a net profit (after non-controlling interests) of Rs 8,501 crore, an increase of 21 per cent (year-on-year) compared to Rs 7,033 crore in Q4 FY25. On a sequential basis, profit jumped 27.8 per cent from Rs 6,654 crore in Q4.Operating profit stood at Rs 9,743 crore, up 13.6 per cent year-on-year and up 16…
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)…