Huawei H1 profit drop quickens to 36% on rising costs, R&D spendingThe Chinese technology company said net profit for January to June fell to 23.81 billion yuan ($3.54 billion), accelerating from a 32% drop...
India Inc pays record dividends in FY26, but payout ratio slidesIn FY26, Indian firms made history by distributing a staggering ₹4.5 lakh crore in dividends, marking a remarkable 15% annual growth rate o...
Smartworks to invest Rs 600cr in FY27 to expand biz, meet rising demand for managed office spacesSmartworks plans a Rs 600 crore investment this fiscal year for expansion. The company has already secured over 3.5 million square feet of ...
China's CXMT posts first-half profit after revenue surgeFirst-half revenue soared 873.64% from a year ago to 150.3 billion yuan ($22.36 billion). Net profit totalled 77.6 billion yuan, compared t...
Global Markets: BYD posts first quarterly profit rise in over a yearChinese automaker BYD has experienced its first profit growth in over a year, primarily fueled by a sharp increase in export sales. This in...
NBFCs enter new cyclical recovery, PAT seen rising 24% in FY27: Motilal OswalNon-banking financial companies are entering a new cyclical recovery phase. Loan growth and asset quality improvements are expected to driv...
Australia data centre firm NextDC reports rising water, energy use with profit beatThe company's water usage effectiveness (WUE) ratio climbed to 2.40 litres per kilowatt-hour in the year to June, from 2.25 the prior year,...
Oyo parent Prism’s FY26 profit jumps over fourfold to Rs 994 croreOyo parent Prism reported a substantial profit increase for fiscal 2026. Consolidated revenue from operations also saw a significant rise o...
Happiest Minds Technologies shares fall 6% as reports suggest ITC Infotech may buy promoter stakeHappiest Minds Technologies shares fell 6.16% after reports that ITC Infotech may acquire a 22% promoter stake. The stock settled at Rs 420...
India Inc sales growth accelerates to 19.4 per cent in Q1 FY27, manufacturing leads recovery: RBIIndian companies show stronger sales growth entering fiscal year twenty twenty seven. Manufacturing sales accelerated significantly, driven...
ICICI Prudential AMC shares decline 7% in two days as promoter plans 2% stake saleICICI Prudential AMC promoter Prudential Corporation plans to sell up to 2% stake, worth over Rs 3,185 crore, to meet minimum public shareh...
Zerodha's FY26 net profit rises 1.2% to Rs 4,283 crore amid revenue slowdownZerodha's net profit increased by 1.2 percent to ₹4,283 crore in FY26. Revenue remained largely unchanged from the previous year's ₹8,847 c...
US corporate profit margins widen to highest on recordUS corporate profit margins reached a record 19.4% in the second quarter, up from 18.2%, as profits jumped nearly 10%. Strong consumer spen...
Medicover India expects to turn profitable in 12-18 months after KKR buyoutNineteen of Medicover’s 25 hospitals are already profitable, while the remaining facilities are in various stages of ramp-up, P Hari Krishn...
Sidbi net profit rises 14pc to record Rs 5,493 crore in FY26Sidbi achieved a record net profit of Rs 5,493 crore in FY26. Its balance sheet and asset base saw significant growth during the financial ...
More cars, thinner margins: Why rising sales aren’t boosting automakers’ profitsIndian car makers see strong sales volumes, but profits are declining. Rising commodity prices and currency shifts are impacting manufactur...
Apollo Tyres shares jump over 6% after UBS upgrades stock to Buy from Neutral. Here’s whyApollo Tyres shares surged after UBS upgraded the stock to Buy and raised its target price to Rs 590. The brokerage sees earnings recovery ...