Rub-off effect? Godfrey Phillips shares jump 6% after rival cigarette maker ITC's Q1 earningsGodfrey Phillips shares rallied on Monday after ITC's June-quarter earnings and upbeat brokerage commentary lifted sentiment across the cig...
Buy, Sell or Hold: Morgan Stanley maintains buy on Maruti Suzuki; Citi retains buy on Sun PharmaGlobal brokerages remained selective on large-cap stocks following the latest round of quarterly earnings, with Citi reiterating its bullis...
Indian cigarette makers ITC, Godfrey Phillips, VST Industries see revenue and profit decline after tax hikeLeading Indian cigarette firms reported revenue and profit declines in the recent quarter. This downturn followed significant government ta...
ITC Q1 profit plunges 27% due to record cigarette taxes and West Asia crisisITC's first quarter net profit declined twenty-seven percent year-on-year. Record taxation on cigarettes significantly impacted the company...
Unfazed by West Asia crisis, fiscal deficit within range at 18.2% in Q1The Centre's fiscal deficit reached 18.2% of the full-year target in the first quarter. Higher spending was offset by stronger net tax coll...
Varun Beverages shares jump 3% after Q1 PAT rises 15%, revenue grows 20%Varun Beverages reported a 15% profit and 20% revenue increase in Q1 FY2027. Consolidated sales volumes grew by nearly 20% driven by India ...
VST Industries shares slide 4% after Q1 profit drops 25%, revenue falls 13%VST Industries shares fell over 4% on Wednesday after reporting a 25% YoY drop in Q1 FY27 net profit to Rs 42 crore and a 13% drop in reven...
Varun Beverages shares fall 5% as Q2 margins shrink after Twizza acquisition in South Africa; net profit rises 15%Varun Beverages shares fell 5% after the Pepsi bottler reported a 76-basis-point contraction in Q2 CY2026 EBITDA margin to 27.7%, weighed d...
Godfrey Phillips shares fall 6% as Q1 net profit declines over 44% amid tax-led price increaseGodfrey Phillips reported a 44.3% year-on-year decline in June-quarter net profit as higher excise duty weighed on earnings, even as gross ...
Average airfare on 72 domestic routes rose 20.5 pc in June compared to May 2025: DGCA dataIn a written reply to the Rajya Sabha, Minister of State for Civil Aviation Murlidhar Mohol said airlines' operating costs are dynamic in n...
Scotch at a discount post UK FTA is only half the story for India's whisky marketIndia's import duties on Scotch whisky and gin have been halved by a new trade agreement. This change is expected to gradually lower prices...
BPCL Q1 Results: Co reports loss of Rs 3,962 crore but revenue rises 23% YoYBPCL reported a standalone loss of Rs 3,962 crore in the first quarter. Revenue from operations increased 23% year-on-year to Rs 1.59 lakh ...
Parliament Watch: FM on rupee, Rs 16.1 lakh cr fuel taxes, India-US trade talks and moreRupee depreciation is influenced by rising crude oil prices and reduced capital account support. India monitors US trade policy changes and...
Adani Total Gas Q1 Results: Profit falls 14% YoY to Rs 142 crore, revenue jumps 27%Adani Total Gas Q1 Results: Adani Total Gas reported 14% year-on-year (YoY) decline in its consolidated net profit at Rs 142 crore in the f...
RIL's Q1 operational revenue hits milestone with 25% YoY jumpReliance Industries saw a twenty-five percent profit drop in the June quarter. Revenue from operations increased twenty-five percent, cross...
Less Gulf, more Russia: RIL diversifies crude sourcing amid market turmoil due to Iran warReliance Industries increased crude oil sourcing from Russia and Latin America. This strategic move reduced dependence on Arabian Gulf crud...
India poised to become one of world's top premium alcobev markets: Diageo India CEONew Delhi is set to become a major premium alcoholic beverage market in the next decade. United Spirits Ltd, also known as Diageo India, pl...