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NET PROFIT DECLINE
Vikram Solar Q1 net profit declines 85 pc to Rs 20 crVikram Solar experienced an astonishing 85 percent drop in profits for the June quarter, primarily attributable to increased expenses. On a...- JK Tyre & Industries Q1 Results: Net profit tumbles 73% at Rs 44.09 croreIn the first quarter of FY27, JK Tyre & Industries reported a staggering 73 percent decline in profits, primarily due to soaring raw materi...
- Suzlon Energy shares rise after US judge directs Pentagon to lift wind project freezeSuzlon Energy shares rose after a U.S. judge ordered the Pentagon to lift its freeze on reviewing onshore wind projects. According to Reute...
- SBI Q1 results preview: Will India's largest public bank report a decline in profit?In the upcoming June quarter, State Bank of India's profits are projected to dip, influenced by margin constraints and a slowdown in income...
- Global Market: SoftBank's AI strategy stays on course despite flat OpenAI valuation in Q1SoftBank reported an 18% decline in first-quarter net profit, though earnings exceeded expectations as strong gains from Intel and ByteDanc...
- Global Market: DBS raises full-year outlook as record Q2 profit beats estimatesDBS Group announced a robust nine percent increase in net profit for the second quarter, bolstered by a remarkable forty-two percent rise i...
- Global Market: Japan's Nikkei jumps over 3% as AI stocks rally, upbeat earnings lift sentimentJapan’s Nikkei surged over 3%, led by AI-related stocks tracking Wall Street’s overnight rally. Strong corporate earnings and upgraded fore...
- AI to deflate IT revenue past 30%: Persistent CEOChief executive Sandeep Kalra said, "The expectation in the market is that using AI, you will be able to deflate the effort by 25% to 30%. ...
- Godrej Properties Q1 Results: Profit falls 42% to Rs 349 crore, sales bookings rise 22%Godrej Properties saw a forty-two percent profit drop in the June quarter. Total income also decreased compared to the previous year's corr...
- Nazara Tech Q1 Results: Co posts Rs 82.5 crore loss; Nitish Mittersain steps down as CEONazara Technologies reported a net loss of Rs 82.47 crore for the first quarter. Revenue from operations declined 14 percent to Rs 428.77 c...
- DLF Q1 Results: Profit rises 4% to Rs 794 crore; revenue declines 46%DLF Ltd has recorded a modest profit growth of four percent in the June quarter, though total income suffered a notable drop, affecting its...
- Stocks in news: Maruti Suzuki, ITC, ZEE, Persistent Systems, and Muthoot FinanceMarkets extended their winning streak on Friday, supported by encouraging quarterly business updates. Nifty strengthened its bullish struct...
- 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...
- Bajaj Finserv Q1 net up 18% on NBFC strengthBajaj Finserv announced an eighteen percent profit increase for the June quarter. This growth was primarily fueled by strong consumer finan...
- 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...
- Maruti Suzuki Q1 Results: Profit falls 11% YoY to Rs 3,352 crore; revenue rises 36%The drop in profit came despite a 36% year-on-year increase in revenue from operations to Rs 52,456 crore during the reporting period.
- Ambuja Cements Q1 net profit down 37% as sales volume slipsAmbuja Cements reported a profit drop, impacted by lower sales volume and higher costs. The company will now prioritize value over sales vo...
- Hyundai India Q1 profit misses estimates, drops 35% on disruptionsHyundai Motor India reported a 35% decline in Q1 net profit, missing estimates as production disruptions and weaker Middle East exports hur...
- Can Manipal Health IPO deliver long-term growth for high risk investors?Manipal Health Enterprises plans to raise ₹8,000 crore through a fresh issue for debt repayment and expansion. The company's revenue grew s...
- Stocks in news: L&T, Tata Capital, Ambuja Cements, Suzlon Energy, RVNLIndian stock markets closed lower on Tuesday after early gains faded. Larsen & Toubro and Tata Capital reported strong profit growth for th...
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