EQT raises $1.6 billion for Asia fund, India to be key focus

The BPEA EQT Mid-Market Growth Partnership (MMG Fund), the most recent fund launched by private equity company EQT, has raised $1.6 billion, more than double its initial $750 million goal.

Moneycontrol 

Dish TV's Q4 net loss widens 16% to Rs 1989 crore

The direct-to-home (DTH) company's operating revenue declined by 19% to Rs 407 crore, while subscription revenue was down 18% to Rs 320 crore.

Economic Times 

LIC Q4 net profit up 2.5%, declares Rs 6/share dividend

The insurer reported profit of ₹13,421 crore in the same period last year. The solvency ratio improved to 1.98% from 1.87% last year. LIC announced an interim dividend of ₹6 per share.

Economic Times 

EaseMyTrip Q4 PAT up 26% to ₹39.1 crore

EaseMyTrip Q4 PAT up 26% to ₹39.1 crore

The Hindu Business 

ORIENTAL AROMAT Standalone March 2024 Net Sales at Rs 216.48 crore, up 10.82% Y-o-Y

ORIENTAL AROMAT Standalone March 2024 Net Sales at Rs 216.48 crore, up 10.82% Y-o-Y

Moneycontrol 

UltraTech Cement Makes Offer To Buy 31.6% Stake Of UAE-Based RAKWCT

UltraTech Cement, a part of Aditya Birla group, plans to acquire 31.6% stake in UAE-based RAK Cement.

Bloomberg Quint 

LIC Q4 profitability impacted due to higher provisions for arrears, benefits, PAT up 2.5% to ₹13,763 crore

LIC’s net premium income for the quarter increased to ₹152,293 crore as compared with ₹131,761 crore in the year ago period

The Hindu Business 

TVS Supply Chain turns Q4 PAT of ₹5.4 crore

On a consolidated basis, revenue for the quarter stood at ₹2426.3 crore, up 4.5%Y-o-Y

The Hindu Business 

Natco Pharma Q4 net rises 40% to ₹386 cr. on higher formulations export revenue

Natco Pharma Q4 net rises 40% to ₹386 cr. on higher formulations export revenue

The Hindu Business 

Nalco Q4 Results: Profit jumps two-fold YoY to Rs 996.7 cr

State-owned Nalco on Monday reported two-fold rise in consolidated profit to Rs 996.74 crore for the March quarter on the back of lower expenses. The company had posted a consolidated profit of Rs 495 crore in the March quarter of FY23, National Aluminium Company Ltd (Nalco) said in a filing to the BSE.

Economic Times 

Kilburn Engineering Q4 Results: Reports Rs 23.1 Crore Net Profit

The engineering company said its standalone profit jumped around 30 per cent to Rs 39.67 crore for FY'24.

Bloomberg Quint 

Awfis Space IPO subscribed 108.56 times

Awfis Space Solutions, an office-sharing company, wrapped up its hugely popular IPO on Monday. Investor demand was through the roof, with subscriptions exceeding the offered shares by over 108 times.

Economic Times 

Sumitomo Chemical Q4 Result: Profit Jumps 52%

Sumitomo Chemical India Ltd reports 52% jump in quarterly net profit to Rs 109.89 crore.

Bloomberg Quint 

Astra Microwave shares hit record high after fourfold spike in Q4 net profit

Astra Microwave aims for a 25 percent growth in order bookings to Rs 1,300 crore and revenue in the range of Rs 1,000-1,100 crore in FY25.

Moneycontrol 

Ashok Leyland shares surge 6% after posting 20% YoY increase in Q4 profit. Should you invest?

Ashok Leyland shares surged nearly 6% on BSE to a record high after reporting a 20% YoY increase in its Q4 net profit.

Economic Times 

Bosch Shares Hit Record High After Q4 Profit Jump

Net profit of the company rose 42% year-on-year to Rs 564 crore in the quarter ended March 31, according to an exchange filing.

Bloomberg Quint