UN Hikes India GDP Growth Forecast To Nearly 7%
The 6.9% economic growth projections for India in the mid-year update is an upward revision from the 6.2% in January.
V-Guard Industries Grows 44.5% To Rs 76 Crore In March Quater
The company had posted a consolidated profit of Rs 52.72 crore in the corresponding period of the previous year, V-Guard Industries said in a regulatory filing.
Vedanta subsidiary raises pricey Rs 1,804 crore debt to lend to parent
Vedanta Semiconductors, a wholly owned subsidiary of Vedanta, raised Rs 1,804 crore in debt from private creditors such as Varde Partners and Davidson Kempner. The proceeds will be used to lend to Vedanta Ltd to repay its debt, said people with knowledge of the matter.
GSK intends to sell its remaining stake in Haleon
GSK, which initially retained a near 13% stake in Haleon, had over the course of a year lowered its stake to 4.2%. Last year, GSK had said that the Haleon spin-off and subsequent stake sales would allow the company to sharpen its focus on vaccines and infectious diseases and fund deals to bolster a lacklustre drug pipeline.
Biocon Q4 Results: Net profit drops 57% to Rs 136 crore
Total revenue grew 1% YoY to Rs 3,966 crore. EBITDA for the quarter declined 16% YoY to Rs 964 crore, representing an EBITDA margin of 24% versus 29% in the same period last year. The gross R&D spends declined 36% YoY to Rs 228 crore in Q4FY24.
M&M Q4 profit rises 4% to ₹2,754 cr. as Tech M weighs
M&M Q4 profit rises 4% to ₹2,754 cr. as Tech M weighs
M&M continues to log 48,000 monthly SUV bookings, order book at 2.2 lakh units
its SUV revenue marketshare was up from 17.6 percent during FY 20 to 20.4 percent during FY 24.
Vodafone Idea Q4 Results: Net loss widens to Rs 7,675 crore dragged by high debt
Vodafone Idea’s net loss for the fiscal fourth quarter, FY24, widened sequentially to Rs 7,675 crore, dragged by high debt and even as it continued to lose subscribers.
Biocon Q4 Results: Profit Drops 46%, But Beats Estimates
Biocon posted a net profit of Rs 223 crore in Q4, as compared with Rs 415 crore in the year-ago period.
One Point One Solutions Q4 PAT more than doubles to ₹6.66 crore
One Point One Solutions Q4 PAT more than doubles to ₹6.66 crore
GAIL Q4 Results: Net profit triples on gas transmission business turnaround
State-owned gas utility GAIL (India) Ltd on Thursday reported more than tripling of its fourth quarter net profit after the natural gas transmission and petrochemical business saw a turnaround.
Thomas Cook India Group reports net profit of Rs 271 cr for FY24
On a quarterly basis, Thomas Cook India Group reported a total income of Rs 1693 crore for the quarter ended March 31, up from Rs 1324 crore. The company reported a net profit of Rs 58 crore for the quarter ended March 31, 2024, up from Rs 10.2 crore for the fourth quarter of fiscal year 2023.
Motherson Sumi Wiring Q4 Results: PAT jumps 38% YoY to Rs 191 crore, revenue rises 19%
Motherson Sumi Wiring Q4 Results: The company’s revenue for the period was reported at Rs 2,233 cr, a 19% jump YoY. The board has announced a dividend of Rs 0.80 per share.
Akzo Nobel India Q4 Profit Rises To Rs 108.7 Crore
Consolidated revenue from operations in the fourth quarter was Rs 973.4 crore.
Infibeam Avenues reports 28% jump in net profit at Rs 49 crore
For the full year, net profit rose 14.5 percent to Rs 156 crore as against Rs 136.4 crore previously, while the revenue jumped 61.6 percent to Rs 3,171.09 crore compared to Rs 1,962.3 crore previously.
Walmart Q1 Results: Co reports profits of $5.10 billion driven by consumers seeking bargains
Walmart Inc. reported another quarter of strong quarterly results Thursday as its low prices pull in shoppers scouring for discounts with inflation stubbornly high.