Mumbai, May 28 (IANS) Pharmaceutical major Alkem Laboratories Limited on Thursday reported a 27.7 per cent decline in consolidated net profit for the fourth quarter of fiscal 2026 (Q4 FY26), impacted by a one-time loss during the quarter.The company posted a net profit of Rs 236 crore for the quarter ended March 2026, compared to Rs 306 crore in the corresponding quarter of the previous financial year (Q4 FY25), according to its stock exchange filing.Alkem Labs said the earnings were affected by…
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Mumbai, May 27 (IANS) Footwear major Bata India on Wednesday reported a sharp 95.2 per cent decline in consolidated net profit for the fourth quarter of fiscal 2026 (Q4 FY26), as a one-time loss weighed heavily on its bottom line despite higher revenue growth.The company’s net profit stood at Rs 2.2 crore for the quarter ended March 31, 2026, compared with Rs 45.9 crore in the corresponding period of the previous financial year, according to a stock exchange filing. Bata India said the quarter w…
New Delhi, May 25 (IANS) Navratna public sector undertaking NBCC (India) Limited on Monday reported a sharp rise in its consolidated net profit for the January-March quarter (Q4) of FY26, driven by improved operational performance despite a marginal decline in revenue.The company posted a consolidated net profit of Rs 253.51 crore in Q4 FY26, registering a growth of 38.78 per cent from Rs 182.66 crore reported in the corresponding quarter of the previous financial year (Q4 FY25), according to it…
New Delhi, May 22 (IANS) Quick commerce services provider Swiggy has failed to secure the necessary per cent of shareholders’ approval to alter its Articles of Association, in order to qualify as an Indian-owned and controlled company, according to an exchange filing.The postal ballot on the proposed amendment received 72.36 per cent of votes from shareholders, missing the required threshold by 2.65 per cent, the company said.Postal ballot also sought approval for appointment of Renan De Castro …
Mumbai, May 18 (IANS) Government-owned Life Insurance Corporation of India on Monday received approval from its shareholders for the allotment of fully paid-up bonus equity shares worth Rs 6,352 crore.The shares, which carry a face value of Rs 10, are being issued in a 1:1 ratio, effectively doubling its paid-up share capital. Under this structure, shareholders receive one new bonus equity share for every one existing share held. This is the first-ever bonus issue announced by the LIC.The compan…
Mumbai, May 17 (IANS) Dodla Dairy has reported a 2.3 per cent year-on-year decline in consolidated net profit for the fourth quarter of FY26.The Hyderabad-based dairy company posted a net profit of Rs 55.4 crore for the January-March quarter, compared to Rs 56.7 crore in the corresponding period last financial year, according to its exchange filing.Revenue from operations, however, rose 4.6 per cent year-on-year to Rs 845 crore in Q4 FY26, up from Rs 807.8 crore reported in the same quarter of t…
Mumbai, May 16 (IANS) Hind Rectifiers Limited on Saturday reported a 55 per cent year-on-year decline in consolidated net profit for the fourth quarter ended March 31 (Q4 FY26).The company posted a net profit of Rs 4.51 crore for the January-March quarter, compared with Rs 9.99 crore in the corresponding period last financial year (Q4 FY25), according to its stock exchange filing.Revenue from operations, however, rose 51 per cent year-on-year to Rs 279.8 crore during the quarter, against Rs 185….
New Delhi, May 14 (IANS) Airtel Chairman and Managing Director Sunil Bharti Mittal on Thursday said that he plans to hand over the reins of the telecom major to the next generation in the next ten years.”I wish to hand over the reins to the next generation in the next 10 years,” Mittal said in the company’s concall.Mittal was re-appointed as Chairman of Bharti Airtel for another five-year term on Wednesday, with effect from October 1, 2026. The company’s board also approved the re-appointment of…
Mumbai, May 13 (IANS) Pharma major Cipla on Wednesday reported a 54.6 per cent decline in its consolidated net profit for the fourth quarter (Q4) of FY26, weighed down by an impairment charge, while revenue also witnessed a marginal drop on a year-on-year basis.The company posted a consolidated net profit of Rs 554.64 crore in the January-March quarter, compared to Rs 1,221.84 crore reported in the corresponding quarter of the previous financial year (Q4 FY25), according to its stock exchange fi…
Mumbai, May 12 (IANS) Torrent Power on Tuesday reported a sharp 70 per cent decline in consolidated net profit for the fourth quarter of FY26 at Rs 318 crore, compared to Rs 1,059.57 crore in the corresponding quarter of the previous financial year (Q4 FY25). The company had posted a net profit of Rs 643.08 crore in the preceding quarter, according to its stock exchange filing.The company’s revenue from operations, however, remained largely stable during the January-March quarter at Rs 6,406.0…