financial performance

New Delhi, April 10 Vishal Nirmiti Ltd, a civil engineering, manufacturing, and construction firm, has received approval from Sebi to raise funds through an initial public offering (IPO), according to an update with the markets regulator on Friday.The proposed IPO involves the issuance of up...

Mumbai, April 9 The country's largest IT services company, TCS, reported a 12.22 per cent increase in its net profit for the March quarter, reaching Rs 13,718 crore, driven by improved profit margins.For the fiscal year 2025-26, its profit after tax increased by 1.35 per cent to Rs 49,210...

Jammu, April 7 Jammu and Kashmir Bank's business has crossed Rs 2.90 lakh crore, its Managing Director and CEO Amitava Chatterjee said on Tuesday, as Lt Governor Manoj Sinha inaugurated the lender's regional business centre here.Marking a significant milestone in the bank's infrastructure and...

Mumbai, April 7 – Shares of Jubilant FoodWorks Ltd, the parent company of Domino's outlets in India, plunged sharply in early trading on Tuesday after the company reported weak like-for-like (LFL) growth in its fourth quarter (Q4) business update.The stock fell as much as 9.23 per cent to Rs...

Seoul, April 7 – LG Electronics estimated on Tuesday that its first-quarter operating profit would increase by 33 percent compared to the same period last year, driven by strong performance in its core home appliance business.Operating profit for the January-March period reached 1.67 trillion...

New Delhi, April 6 Bank of Maharashtra (BoM) on Monday said it has registered a total credit growth of 22 per cent to Rs 2.92 lakh crore in the fourth quarter ended March 2026.The outstanding credit was Rs 2.40 lakh crore at the end of the January-March quarter of the previous fiscal, BoM said...

New Delhi, April 5 – Banks are likely to see improved profitability year-on-year (YoY) in the March quarter of FY26, driven by sustained growth in lending, higher fee income, and lower credit costs, according to a report released on Sunday.Data compiled by Systematix Institutional Equities...

New Delhi, April 2 Renewable energy platform Resolven announced on Thursday that it has secured refinancing of ₹450 crore for its 136-MWp operational portfolio across Telangana and Karnataka.The refinancing, undertaken with NIIF Infrastructure Finance Limited (NIIF IFL), will reduce financing...

New Delhi, Apr 1 Bvishal Oil and Energy, a provider of onshore oilfield services, has filed preliminary papers with the capital markets regulator, Sebi, to raise funds through an initial public offering (IPO).According to the draft red herring prospectus (DRHP) filed on Tuesday, the proposed...

New Delhi, April 1 The power sector led rating upgrades in the fiscal year 2025-26 due to improved execution and stable operations, said rating agency ICRA on Wednesday.The power sector emerged as one of the key drivers of rating upgrades in FY2026, supported by improved project execution...

New Delhi, April 1 The cement industry is expected to grow by 7-8 per cent in the current fiscal year, supported by sustained demand from the housing and infrastructure sectors, a report by rating agency ICRA said.However, profitability will remain under pressure due to rising input costs and...

New Delhi, April 1 India Ratings and Research (Ind-Ra) said on Wednesday that the corporate credit profile has remained strong for the fifth consecutive year in 2025-26, supported by domestic policy measures and favorable macroeconomic conditions.Disruptions related to tariffs were largely...

New Delhi, April 1 Auto components maker Kay Jay Forgings Ltd has filed draft papers with the market regulator, Sebi, to raise ₹360 crore through an initial public offering (IPO).The proposed IPO comprises a fresh issue of equity shares worth ₹300 crore and an offer for sale (OFS) of shares...

Finolex Cables Stock Plummets Despite Strong Financial Performance Mumbai, March 31 – Shares of Finolex Cables Limited have experienced a significant decline in value, falling by 15.14 per cent over the last month, despite reporting one of its strongest financial performances in recent times...

Mumbai, March 30 The net sales growth of select non-government, non-financial (NGNF) public limited companies edged up to 7.8 per cent during 2024-25 from 6.3 per cent in the previous year, the RBI said on Monday.The sales growth of the manufacturing and services sector increased to 6.3 per...

Digital NBFCs Projected to Oversee ₹3.6 Trillion Personal Loan Market by FY30 New Delhi, March 30 – Digital non-banking finance companies (NBFCs) are poised to dominate the personal loan market, with projections indicating a portfolio exceeding ₹3.6 lakh crore by fiscal year 2030, according to a...

New Delhi, March 28 Rentomojo Ltd, an online platform for renting and subscribing to home furniture and appliances, has filed preliminary documents with the capital markets regulator, Sebi, to raise funds through an initial public offering (IPO).The proposed IPO involves the issuance of up to...

CEO Pay in India Rises 5% to ₹10.5 Crore in FY26: Deloitte Report New Delhi, March 27 – Median compensation for non-promoter or professional CEOs in India rose 5% year-on-year to ₹10.5 crore in FY26, marking the slowest growth since the COVID-19 pandemic, according to a Deloitte report.Slowest...

Bharat PET Ltd Files IPO Papers to Raise ₹760 Crore IPO Details Bharat PET Ltd, a provider of integrated packaging solutions, has filed a draft IPO with the markets regulator, Sebi, to raise ₹760 crore. The proposed IPO includes a fresh issuance of equity shares worth up to ₹120 crore and an...

Sundaram Home Finance Targets Rs 200 Crore in South Tamil Nadu Disbursements Chennai, March 25 – Sundaram Home Finance is expanding its emerging business segment in South Tamil Nadu, with plans to establish five new branches. The company aims to generate Rs 200 crore in disbursements within the...