financial performance

New Delhi, February 25 HSBC India announced on Wednesday an 11 per cent increase in profit before tax (PBT) to USD 1.9 billion (approximately Rs 17,000 crore) for the fiscal year 2025.The subsidiary of UK-based HSBC Plc earned a profit before tax of USD 1.7 billion in the previous year.India...

Mumbai, February 24 Schaeffler India, the Indian arm of the German automotive component supplier, announced on Tuesday that its standalone net profit rose 32 per cent year-on-year to ₹327.96 crore for the three months ending December.Schaeffler India had reported a standalone net profit of...

New Delhi, February 24 The initial public offering (IPO) of PNGS Reva Diamond Jewellery received 59 per cent subscription on the first day of share sale on Tuesday.The Rs 380-crore IPO received bids for 33,83,488 shares against 57,06,235 shares on offer, according to NSE data.The portion for...

New Delhi, February 24 The initial public offering (IPO) of Clean Max Enviro Energy Solutions, a provider of commercial and industrial renewable energy, received 45% subscription on the second day of the share sale on Tuesday.According to NSE data, the company's IPO received bids for over 97...

New Delhi, February 24 Financial disclosures filed by PhonePe indicate a significant improvement in revenue scale, profitability metrics, and cash generation over the last three fiscal years, signaling a shift in the company's financial trajectory amid India's evolving fintech landscape...

Mumbai, February 23 – Shares of Sudarshan Pharma Industries fell by over 3 per cent on Monday after the Goods and Services Tax (GST) department initiated an inspection and search operation at the company's registered office.The stock fell by 3.06 per cent on the BSE, hitting an intra-day low...

New Delhi, February 22 YES Bank, a private sector lender on the path to recovery, expects to close the current financial year with a return on assets (ROA) of 1%, according to the bank's Chief Financial Officer, Niranjan Banodkar.Return on Assets (ROA) is a profitability metric that measures...

New Delhi, February 22 French liquor major Pernod Ricard has ruled out an IPO of its India business as part of its deleveraging strategy, even as it reported a 4 per cent rise in net sales in the country.With growth accelerating to 8 per cent after excluding Imperial Blue, a brand that has now...

New Delhi, February 21 The Indian Overseas Bank Officers' Association (IOBOA) has announced a one-day all-India strike on March 2 as part of a nationwide agitation against alleged coercive surveillance measures and workplace practices imposed by the management.Supporting the move, the All...

Amaravati, February 18 Andhra Pradesh is falling short of its revenue targets, achieving only 61 percent of the targeted Rs 2.18 lakh crore, while also exceeding its borrowing target by over Rs 10,000 crore, according to the CAG, even though the fiscal year 2025-26 is still two months away...

New Delhi, February 16 Highway solutions provider Markolines has reported a 12 per cent year-on-year increase in consolidated net profit to Rs 6.78 crore for the quarter ended December 2025.The company had posted a net profit (profit after tax) of Rs 6.05 crore in the corresponding quarter of...

New Delhi, February 16 PNGS Reva Diamond Jewellery has fixed a price band of ₹367 to ₹386 for its ₹380-crore initial public offering (IPO).The initial share sale will open for public subscription on February 24 and conclude on February 26, while bidding for anchor investors will take place on...

New Delhi, February 16 Real estate firm Puravankara Ltd has posted a consolidated net profit of Rs 58.34 crore in the third quarter of this fiscal, driven by increased income.The company had reported a net loss of Rs 92.64 crore in the year-ago period.Total income rose to Rs 1,104.06 crore...

New Delhi, February 15 The British multinational consumer goods maker said the "fundamentals" of its business in India, its second-largest market after the US, are improving.In the fourth quarter, Unilever reported a 4.7 per cent underlying sales growth along with a 4 per cent volume growth in...

New Delhi, February 15 Hero MotoCorp aims to strengthen its presence in segments such as scooters, premium bikes, and electric vehicles, where it currently remains under-represented, according to the company's CEO, Harshvardhan Chitale.The country's largest two-wheeler maker also expects to...

New Delhi, February 14 Leading TMT manufacturer Kamdhenu has reported around 7 per cent year-on-year growth in net profit to Rs 21 crore in the December quarter, driven by increased revenue.The company had reported a net profit of Rs 12.45 crore in the October-December period of the previous...

Chennai, February 14 Southern Petrochemicals Industries Corporation Ltd has reported a consolidated net profit after tax of ₹54.07 crore for the October-December 2025 quarter, the company said on Saturday.The city-based agri-nutrient and fertilizer company had earned a net profit of ₹38.50...

New Delhi, February 13 GMR Airports Ltd (GAL) reported a 14 per cent decline in consolidated profit after tax at Rs 173.96 crore for the three months ending December 2025, mainly due to higher expenses.The company, which operates airports in Delhi, Hyderabad, and a few other locations, had a...

New Delhi, February 13 Fortis Healthcare announced on Friday a 22 per cent year-on-year decline in consolidated profit after tax to Rs 197 crore for the quarter ended December 2025.The company reported a profit after tax (PAT) of Rs 254 crore in the previous year.Revenue increased to Rs...

New Delhi, February 13 RHI Magnesita posted over a 29 per cent increase in consolidated net profit to Rs 61.55 crore for the December quarter, driven by revenue growth.The company had reported a net profit of Rs 47.53 crore in the October-December period of the preceding 2023-24 financial...