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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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Domestic air passenger traffic to surpass pre-Covid levels to reach 150-155 mn this fiscal: Icra

The domestic air passenger traffic is expected to surpass the pre-Covid levels of 141.2 million an…

PTI   


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1 min read

Airport industry to see profit before tax of $1.3 billion this fiscal

"The topline will grow due to an increase in aeronautical revenue along with the receipt of…

PTI   


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Indian auto retail sector records 27% YoY growth in April: FADA

The Indian auto retail sector recorded a robust 27 per cent year-on-year (YoY) growth for April 202…

ANI   


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ONGC declares highest ever standalone profit in FY24

The consolidated net profit of the company is also highest at Rs 57,101 crore in FY24. The crude oi…

ANI   


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IEX Q4 net profit grows 9.5% to ₹97 crore

The company's total income rose to Rs 149.28 crore, from Rs 129.58 crore in January-March FY23.…

PTI   


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16% YoY surge in rents across 13 major Indian cities, Greater Noida, Gurugram lead: Magicbricks Report

The quarterly report also notes a 2.8 per cent Quarter-on-Quarter (QoQ) increase in rents, followin…

ANI   


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Effect of cyclicals: Q3 corporate earnings driven by autos & financials

Corporate India’s earnings report card for the December quarter corporate earnings a few surprises …

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5 mins read

SBI’s core business stays strong despite one-time hit on account of higher wage costs in Q3

India’s largest bank SBI saw its third quarter profits slip by 35.5% as it took a ₹7,100 exceptiona…

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4 mins read

Tractor sales stutter in January as two-wheelers zoom ahead

Indians kept up with their love for cars and bikes in the month of January, but tractor sales showe…

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1 min read

Axis Bank posts net profit of ₹7,129 cr in March quarter

Total income rose to Rs 35,990 crore in the March quarter of 2023-24 fiscal, from Rs 28,758 cro…

PTI   


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Paytm records revenue growth of 38% YoY in Q3FY24

Paytm has announced its October-December quarter earnings showing a strong growth momentum led by h…

ANI   


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HDFC Bank Q3 consol net profit grows 2.6% sequentially to over ₹ 17,000 crore

HDFC Bank’s third quarter consolidated net profit went up 2.6% sequentially to ₹17,257 crore from ₹…

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4 mins read

New property launches dip in major Indian cities, sales growth tepid in Delhi-NCR, Bengaluru

The country is in the midst of a real estate upcycle, yet the pace of new project launches has slow…

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2 mins read

Size does matter: Debit cards for large payments & UPI for smaller ones

Indians have gotten habituated to fishing out their phones instead of cards, and that’s been fuelli…

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4 mins read

Institutions shy away from real estate investments which dip by 40% in Q4 of FY24

Even as Indians’ love for buying homes refuses to die down, institutions seem to have a contra view…

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M&A deal value in India drops 27% in 2023 says Deloitte report

M&A deal value in India fell 27 per cent in 2023 to USD 136 billion but the deals market is expecte…

PTI   


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LTIMindtree Q1 net profit rises 4.1% to ₹1,152 crore, revenue up 14% YoY

Technology consulting and digital solutions company LTIMindtree posted a 4.1% year-on-year rise in …

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Luxury homes in vogue and Delhi, Pune are in top gear

Size does matter for Indian real estate buyers. Across India’s top seven cities, sales of luxury ho…

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Amidst slowdown, noodle and biscuit sales see an uptick in rural areas

Even as FMCG sales growth has been moderating on a sequential basis, sales of noodles and biscuits …