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RECORD ANNUAL PROFIT
AI boom powers Siemens to record annual profitGerman engineering giant Siemens posted record annual profit on Thursday and said it saw growth ahead as the artificial intelligence boom s...- Hindalco bets on value-added products for earnings growth, stock re-ratingHindalco reported record revenue and profit in the latest quarter amid increasing metal prices and improved Novelis performance. The compan...
- A double transition for corporate India: New accounting rules, new auditorsCompanies are preparing for the transition to Ind AS 118 which will impact financial statement reporting. Changes in statutory auditors coi...
- Manyavar maker Vedant Fashions struggles to revive growth as same-store sales drop 5.8% in Q2Manyavar maker Vedant Fashions is facing mounting competition and slowing growth, with same-store sales declining 5.8% in the September qua...
- Air India losses narrow, but Singapore Airlines’ profit falls 44% as fuel costs riseIn its latest financial report, Singapore Airlines announced a net profit of S$134 million for the first half, down from S$239 million in t...
- ET Prime Special Series: Multibagger or IBC – Part 84: Can rising demand for decorative features drive this auto ancillary's growth?A car can change its engine and still look almost the same. It can also keep the same engine and look so different that buyers happily pay ...
- CoreWeave beats quarterly revenue estimates as AI demand defies growing doubtsCoreWeave reported revenue of $3.66 billion for the third quarter ended September, up from $1.37 billion a year earlier, compared with anal...
- Godrej Properties to launch Rs 32,000 cr homes H2 FY27 amid strong housing demandGodrej Properties intends to launch residential projects worth Rs 32,000 crore in the upcoming fiscal year. The company aims to double its ...
- Saregama plans Rs 1,200 crore content spend for FY28-FY30Saregama India plans to invest around Rs 1,200 crore in new content over FY28-FY30, assuming annual budget increases of 10%. The company ex...
- HSBC, Citi turn bullish as Indian stocks draw record inflowsGlobal banks are turning more positive on Indian stocks, indicating potential for continued growth and record foreign inflows. Recent data ...
- Honasa Consumer shares climb 5% as Jefferies raises target price after Q2 show. Why is the brokerage bullish?Honasa Consumer, the firm behind Mamaearth, saw a remarkable boost in its shares after revealing impressive quarterly earnings. The company...
- Rs. 400 crore of ‘cash’ that existed only on paper: Not for the first time, nor will it be the lastWhen something is wrong inside a company, the people running it know first. The auditors may sense it next. A regulator might confirm it ye...
- Trusted names, new game: India's FMCG giants reload old guns for changing tastesIndia's FMCG companies are expanding into new product categories by leveraging the trust associated with their established brands. Hindusta...
- Airtel profit surges 33% to Rs 9,015 crore in Q2, outpacing Jio in ARPU growthBharti Airtel has reported a profit surge to ₹9,015 crore in the September quarter. Average revenue per user increased to ₹271, widening th...
- LG Electronics shares jump 8% to 52-week high after Q2 results. Jefferies retains Buy, retains target priceLG Electronics India shares surged to a 52-week high after strong Q2FY27 results, with Jefferies retaining its Buy rating and Rs 1,950 targ...
- ET Prime Special Series: Multibagger or IBC - Part 83: Under this auto ancillary’s hood, sales and profits tell different storiesSome auto suppliers spend years trying to win a major customer. This business has been associated with one for four decades. That has helpe...
- Only 3.2% of working Indians trade stocks. Why Morgan Stanley likes NSEMorgan Stanley has initiated coverage of NSE with an overweight rating and a price target of Rs 2,315, citing its dominant market share, st...
- ITC Q2 Results: Profit falls 18% to Rs 4,229 crore, revenue rises 5%ITC Q2 Results: ITC Ltd reported an 18.5% decline in consolidated net profit for the September quarter on Monday as a sharp fall in earning...
- Marico Q2 Results: Net profit jumps 31% YoY to Rs 550 crore, revenue rises 12%Marico reported a 31% YoY rise in Q2FY27 net profit to Rs 550 crore, while revenue grew 12% to Rs 3,897 crore. EBITDA increased 27%, margin...
- IOC, BPCL, HPCL clock Rs 30,106 cr Q2 profit, nearly 39 pc of last year's annual earningsIn the third quarter, spanning July to September, India's three major state-run fuel retailers announced a combined net profit of Rs 30,106...
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