New Delhi: Cigarette-to-FMCG major ITC Ltd reported a 20% year-on-year rise in revenue from Rs.17,593 crore in Q1FY25 to Rs.21,058 crore in the corresponding quarter this year. However, the company saw a muted growth in net profit, rising 2% from Rs.4.819 crore last year to Rs.4,912 crore this quarter. The company’s flagship cigarette business beat expectations, with its revenue growing to Rs.8,520 crore from Rs.7,918 crore last year, a 7.6% YoY growth, beating analysts’ 5-6% growth expectations.Its paperboard segment saw a 7% growth as well, from Rs.1,977 crore to Rs.2,116 crore, but the segment’s net profits were down 37.8% from…
Author: Abizar Attari
Abizar Attari
Abizar has been writing before AI started to take over your lives! His expertise lies in analysing diverse perspectives and simplifying them for laymen. Beyond writing, storytelling and editing, he enjoys running, learning and enjoying the outdoors.
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New Delhi: India’s leading power company Tata Power reported a 6% rise in net profit to Rs.1,262 crore in Q1FY26 from Rs.1,189 crore in the corresponding period a year ago. The company’s renewables division has stood out with a 95% rise in PAT at Rs.531 crore, as the company continues to shift its focus to clean and green energy, aiming to lower its dependence on coal energy from 44% currently to 30% by 2030. The company’s consolidated revenue increased to Rs.17,464 crore, a 4.3% YoY rise from Rs.16,814 crore last year. “We have commenced FY26 on a high note, with…
Mumbai: Swiggy reported a 96% rise in losses to Rs.1,197 crore in the first quarter of FY26 even as its revenues have risen 54% to Rs.4,961 crore from Rs.3,222 crore from the same period last year. This loss is higher than the loss reported in the previous quarter, even as revenues improved 12.5% on a sequential basis. The company’s Gross Order Value has risen to Rs.14,797 crore, a 45% YoY rise from last year. The company’s total expenses increased to Rs.6,244 crore, a 60% rise from the same quarter last year, as the company has had to spend heavily on…
Mumbai: Pune-based mobility solutions provider KPIT Technologies reported a 15.8% fall in net profit to Rs.172 crore in Q1FY26 from Rs.244 crore in the same period last year. Despite this, the company’s revenue has risen 12.8% from Rs.1,364 crore in Q1 FY25 to Rs. 1,538 crore this time. Despite the fall in net profit, the company has seen robust deal wins this quarter to $241 million from $202 million from the same quarter last year. Kishor Patil, Co-founder, CEO and MD, KPIT said, “The performance of Q1FY26 is in line with our expectations and despite macro challenges, we have maintained…
Mutual Funds have emerged as the ideal investment vehicle for those who don’t have the time to understand the stock market, yet can get handsome returns on their investments. There are more than 1500 Mutual Fund schemes in the market, yet some stand out for their consistency, reliability and long-term wealth creation through established strategies. Some of these have offered inflation-beating returns, proven by their increasing Assets Under Management (AUM) through SIPs or lumpsum investments. Here we’re going to see the most popular Mutual Funds in the market with respect to investor preferences without getting into the specifics. Parag Parikh…
Mumbai: Tata Motors is looking to seal a deal for acquiring Italian truck brand Iveco soon, as both the company’s boards meet on Wednesday, July 30. According to sources, the Agnelli investment company, which owns a controlling stake in Iveco, will sell its 27.1% stake in the company, allowing the Tatas to make an open offer for the remaining shares later. Valued at $4.5 billion, this acquisition would be the second largest for the Tata Group, after its $12 billion deal to acquire Dutch steelmaker Corus in 2007. This deal will not include Iveco’s defence business, which the company aims…
Getting into the entertainment industry has always been tough- nepotism and favourtism have overruled talent in many cases. Powerful insiders have tried to get big assignments for their kin, forcing those out who genuinely deserved a chance. Yet, some have persisted, and made a name for themselves purely on talent. Stebin Ben is one of them. Brought up in small town Bhopal, Stebin grew up in a middle-class Malyalee family with no family background in the entertainment industry. From his school days, he loved singing and appreciated everything singing gave him. Stebin loved his schools music room- he bunked classes…
Menstrupedia’s comics have helped dispel myths- and promoted hygiene- for millions of teenage girls across India and abroad When Aditi got her first period at 12, her mom asked her to keep it secret from everyone in the family. She agreed, but didn’t understand the reasoning behind it. At school, her biology teacher skipped the subject entirely. For long, educating girls on menstruation or bodily changes made teachers uncomfortable enough to just skip it entirely. The menstruation period has for long been considered ‘impure’ where society forced girls on their periods to stay away from the temple, their male relatives…
Aakanksha followed her dream of travelling the world solo, and shows her 2 Million+ followers how it’s done, it takes courage to embrace the unexpected, and Aakanksha Monga has demonstrated exactly that. An army background meant moving from one town to the next every 2 years, and this exposure drove her interest in travelling. Ever since she was 19, Aakanksha has showcased her travel experiences on her blog through money saved from stipends. After college, Aakanksha worked as an analyst at Bain and Co, a stable,cushy, and well-paying corporate job that most would die for. But she had other plans.…
His reels focus on making AI less intimidating and more empowering for students looking to boost their learning outcomes. Students now have a guide, mentor, researcher, friend and tutor all rolled in one. The problem is they don’t know how to seek its help responsibly. ChatGPT offers many benefits to students- they can write their thesis in record time, research the internet and basically do everything they need to with a free personal assistant- only if they use it responsibly. Mohit Nagore understands this, and he’s taken it upon himself to help students understand the nitty-gritty of AI. The rapid…
