NET PROFITABILITY

Other results to watch out for include Bhansali Engineering, Excel Realty N Infra, Geojit Financial Services, Hathway Bhawani Cabletel, J Taparia Projects, Kernex Microsystems, K&R Rail Engineering, Mishtann Foods among others.

Following the Tata Consultancy Services (TCS) earnings Thursday, several technology stocks surged to lifetime highs Friday, and were at the forefront of the stellar showing of the broader stock indices. TCS led the pack of five technology companies,...

HCLTech's profit rose 6.8% to Rs 4,257 crore, driven by $70 million non-core income. EBIT, revenue declined. TCS earnings boosted stocks. CEO Vijayakumar noted Q2 State Street impact, steady FY25 guidance. Dividend declared. Headcount fell by 8,080,...

A surge in debt and equity offerings, alongside increased takeover deals, fueled by growing confidence in the U.S. economy, has significantly boosted Wall Street banks' income. Investment banking revenue alone jumped 46% to $2.5 billion, surpassing ...

Three M Paper Boards IPO: Three M Paper Boards aims to raise Rs 40 crore through its SME IPO. With a potential listing gain of 46%, investors are buzzing about this opportunity in the booming paper industry.

The SME IPO of Prizor Viztech, which offers CCTV solutions across verticals, seeks to raise Rs 25 crore. Shares are priced at Rs 82-87, and investors can bid for 1,600 shares in a lot. The issue closes on July 16 and will list on the NSE SME on July...

TCS reported a 3.16% net profit drop to ₹12,040 crore in June due to wage hikes and macroeconomic uncertainties. Revenue increased to ₹62,613 crore, driven by a ₹15,000 crore BSNL deal. CEO Krithivasan noted geopolitical issues. AI, Cloud, IoT grew;...

TCS expects an 8% YoY net profit increase to Rs 11,984 crore and a 4.8% revenue growth to Rs 62,234 crore. Estimates from Kotak, Prabhudas Lilladher, and ICICI Securities highlight BFSI and retail gains. EBITDA is at Rs 16,572 crore. Q1 results on J...

The external commercial borrowing with a tenure of five years is raised at a rate linked to Euribor and it comes around 11% approximately, a senior official with Satin said. This rate is euribor plus 260 basis points, to be precise.

Tata Elxsi Q1 Results: Revenue from operations for the reporting period grew by 9% year-on-year, reaching Rs 926 crore compared to Rs 850 crore in the same period last year. Sequentially, net profit for the quarter dropped by 6% from Rs 196 crore in...

Banks' Q1 profits face headwinds: Emkay Global predicts a sluggish 4% growth in pre-provisioning operating profits for the June quarter. This slowdown, affecting private lenders most, is attributed to shrinking margins and rising operational costs.

GM Breweries (GMBL) posted a Q1FY25 profit of Rs 24.94 crore and Rs 600.59 crore revenue, up 25% and 3%. Total income Rs 604.22 crore, up 4% YoY. Largest in Maharashtra’s country liquor (CL) market, owns GM Santra, GM Doctor, GM Limbu Punch, GM Dilb...

In a market where bulls are ruling every corner of the street, and stocks are either fairly valued or overvalued. The big question is how does one take care of the basic aspect of buying good quality stocks at reasonable valuations. While in this ma...

IndusInd Bank's net advances rose Rs 3,48,107 crore in Q2 FY24, marking a 16% increase from Rs 3,01,317 crore in the same quarter last year. Deposits rose 15% year-on-year to Rs 3,98,632 crore from Rs 3,47,347 crore.

Revenue at the online travel booking platform grew at a relatively slower pace in the fourth quarter, given the slowdown in air travel and reserved train ticketing segments.

Minutes before the market closing time the stock was trading with a market capitalisation of Rs 1.13 lakh crore. It traded amid high volumes with over 2 crore shares changing hands on the NSE.

A part of Muthoot Pappachan Group, the company provides micro loans to women with a focus on rural areas. It had 1,508 branches in 353 districts across 18 states of India as of March 2024. Its AUM grew by 32.4% year-on-year to ₹12,193.5 crore in FY2...

The company's shares were up nearly 10% in the early trade on Wednesday, the stock closed at Rs 341,75, up 1% from the previous day. In the last quarter of FY24, Go Digit reported Rs 2,336 crore worth of gross premium collected, up 19.4% from Rs 1,9...

Realty developer Sunteck Realty has reported its highest-ever annual performance in terms of pre-sales at Rs 1,915 crore for the financial year 2023-24 as against Rs 1,602 crore a year ago. The company’s net profit for the year rose to Rs 71 crore f...