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India Inc. stares at an earnings dearth in Q2, FMCG, auto, and consumer durables falter

Indian companies, particularly in consumer-focused sectors, faced a challenging second quarter due …

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Reliance Industries shares slip by 1% after profit decline in Q2

Shares of Reliance Industries Ltd fell by over 1% after reporting a net profit decline of 5% in the…

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Profit of public sector banks expected to decline by 0.6 percent QoQ : Motilala Oswal

As the earnings season for the second quarter of FY25 unfolds, public sector banks (PSBs) are expec…

ANI   


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Zomato's net profit jumps 389% YoY, board approves Rs 8,500 crore fund-raise proposal

Ahead of the IPO of rival food and grocery delivery competitor Swiggy, Zomato's board also approved…

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Massacre continues on Sensex and Nifty as foreign investors withdraw Rs 97,205.42 crore in October

Smallcaps bore the biggest brunt of this drawdown, with the smallcap 100, 50, 250, and microcaps ea…

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Nifty, Sensex continue to open flat amid FII sell-off and weak Q2 earning projections

The Nifty 50 and BSE Sensex saw marginal gains, while gains in Nifty FMCG provided some relief.

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Paytm declares Q2 results, earns Rs 930 crore as windfall gains by way of sale of ticketing business to Zomato

Notably, in the absence of this windfall gain, Paytm's finances would still be in red, with the com…

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Reliance expects to complete merger with Disney's India business in Q3

Reliance Industries, led by Mukesh Ambani, is set to merge its media assets with the Walt Disney's …

PTI   


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Wipro Q1FY25 results: Net income jumps 4.6% YoY to Rs 30 billion, operating margin at 16.5%

At 34% of the total quarterly revenue, banking, financial services & insurance was the company's bi…

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IndiGo's bottom-line turns red for Q2, high fuel costs, and forced groundings main reason

The main reason behind the carrier running into reds during the second quarter of FY25 was high fue…

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Hindustan Unilever shares tumble over 6% post Q2 results

Shares of FMCG major Hindustan Unilever Ltd (HUL) on Thursday tumbled over 6% after the firm report…

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Asian Paints shares drop over 4% after Q1 earnings

At the NSE, it dropped 4.45 per cent to Rs 2,842 apiece. The stock emerged as the biggest …

PTI   


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HDFC Bank Q2 profit soars 5% to ₹16,821 crore

Total income increased to Rs 85,500 crore during the quarter under review against Rs 78,406 cro…

PTI   


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Wipro announces 1:1 bonus issue; share surges 4% on the back of strong Q2 results

Yesterday, the company posted a solid 21.2% YoY rise in its consolidated net profits, which stood a…

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With 6.7% GDP growth in Q1 FY25, SBI says full-year growth should be revised downwards to 7%

According to a recent report by the State Bank of India (SBI), the moderation in India's GDP growth…

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Cement prices will be hiked and demand will grow in H2FY25 : Centrum report

Cement demand is likely to grow by 5 per cent in FY25, and few more round of price hike by companie…

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Reliance Jio’s standalone Q3 net profit rises 12.2% to ₹5,208 crore

​​India's largest telecom operator Reliance Jio on Friday posted a 12.2% rise in its net profit for…

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Indian tablet market records good growth in Q2 2024, 1 in 2 tablets sold was from Samsung

The Indian tablet market recorded good growth in Q2 2024, registering a 128.8% year-on-year increas…

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Voltas net profit declines 22% YoY to ₹110.64 crore in Q4 FY24

Air conditioning and engineering services provider Voltas Ltd on Tuesday reported a 22.75 per cent …

PTI   


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Paytm Q1FY25 results: Revenue from payment services plunges to Rs 900 crore, monthly transacting users in June dip to 7.8 crore

On the payment services front, the quarterly revenue stood at Rs 900 crore, while on the financial …