PayTM swings back to profit, revenue rises 28% YoY
New Delhi: India’s leading fintech company PayTM’s parent company One97 Communications reported its first profitable quarter since listing in 2021, with a profit of Rs.123 crore as against a loss...
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Eternal’s revenue up 67%, net profit declines 90%
New Delhi: Deepinder Goyal-led Eternal Ltd has reported a 67% increase in consolidated revenue to Rs.7,563 crore from Rs.4,520 crore from Q1FY24. In a letter to its shareholders, the company...
IHCL’s net profit rises 19% YoY, operational revenue rises 32%...
New Delhi: Tata-owned Indian Hotels Company Limited (IHCL) has reported a net profit of Rs.296 crore as against Rs.248 crore in Q1FY25, a 19% YoY rise. Along with this, its...
Adani Group looks to exit FMCG, sells controlling stake in...
Mumbai: Adani Enterprises Ltd (AEL) has signed an agreement with its Singapore-based Joint Venture partner Wilmar International to sell 20% of its stake at Rs.275 per share. The deal, valued...
Tech Mahindra net profit rises 34% YoY, misses analysts’ expectations
New Delhi: India’s fifth-largest IT services company, Tech Mahindra, reported a 34% YoY rise in its net profit to Rs. 1.141 crore from Rs. 851 crore last year in Q1FY26. ...
ICICI Prudential’s IPO: A Desperate Marketing Gimmick?
Indian investors have come a long way from depending solely on ‘safe’ and dependable gold and real estate to the flexibility of equities. The Mutual Fund industry has faced immense...
With Rs.8,585 crore debt, does MTNL even have a chance...
New Delhi: State-run telecom operator MTNL has informed the bourses about its loan defaults to seven state-run banks- Union Bank of India, Bank of India, Punjab National Bank, State Bank...
Dixon Technologies to acquire 51% stake in camera module manufacturer...
New Delhi: Homegrown electronics manufacturing company Dixon Technologies has announced its intent to acquire a 51% stake in Q Tech India for manufacturing, sales and distribution of camera and fingerprint...
HCL Tech’s FY26 Q1 results disappoint, shares fall 3%
New Delhi: Noida-based HCL Technologies Q1 FY26 results have been somewhat disappointing, with net profits falling 10.8% from Rs.3,986 crore to Rs.3,843 crore, according to a release submitted to the...
Lupin’s board recommends Rs.12 dividend, AGM on August 11
Mumbai: Lupin Ltd, one of India’s largest generic pharma players, has recommended a Rs.12 final dividend per Rs.2 share, according to a press release to the bourses on Monday, July...
