Infosys Q1 Results: FY27 revenue growth seen between 1.5% to 3%; Margin outlook maintained
Infosys has also declared the name of Ashiss Kumar Dash as CEO-designate, who will be taking over from Salil Parekh starting April 1, 2027.
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NK Proteins expects edible oil prices to ease after new crop arrivals from October
NK Proteins expects edible oil prices to remain supported in the near term because of lower domestic crop availability, festive demand and higher import costs. Managing Director Priyam Patel said prices could ease from October as fresh crop arrivals improve…
Invasset PMS stays 100% in cash, sees early signs of a bear market
Anirudh Garg of Invasset PMS says rich small- and mid-cap valuations and global uncertainty have kept the firm on the sidelines. Where will it deploy fresh capital when the opportunity arises? Watch the full interview. Disclaimer: The views and investment…
Chennai Petroleum shares tumble 10% after Q1 profit drops sequentially, margins halve
Chennai Petro’s revenue from operations rose 43.5% sequentially to ₹29,358.8 crore, while total income increased to ₹29,376.5 crore. Profit before tax declined to ₹1,365.6 crore from ₹1,890.4 crore in the preceding quarter as total expenses increased sharply.
Ujjivan Small Finance Bank Q1 Results: Stock recovers 13% from lows after raising FY27 RoA guidance
Asset quality also improved for Ujjivan Small Finance Bank on a sequential basis. Gross non-performing assets (NPAs) improved to 2.16% from 2.26% sequentially, while net NPA improved to 0.34% from 0.43% in the previous quarter.
Solara Active Pharma shares jump 5% as Q1 profit rises 55%; Ibuprofen business remains a drag
The company said its commodity Ibuprofen business continued to weigh on profitability, reporting another quarter of low gross margins and negative EBITDA.
Indo MIM says existing capacity can support growth without major capex
Indo MIM said its metal injection moulding business is operating at around 40% capacity utilisation, providing room to increase production without major capital expenditure. The company said it continues to grow faster than the global MIM industry, supported by exports…
PVR Inox Q1 Results: Shares gain as multiplex operator swings to profit, margins expand
PVR Inox’s board approved the appointment of Shuva Mandal as an additional director in the capacity of an independent director for a five-year term, subject to shareholders’ approval.
Life insurance stocks in India are valued less despite good growth
Data shows that investors are willing to pay much less for the future profits of life insurance players than what they did about a decade ago. What explains this derating?
Axis AMC acquires Axis Securities’ PMS business; combined AUM to cross ₹15,000 crore
Axis AMC acquired Axis Securities’ PMS business, expanding into HNI/UHNI segments. Combined PMS AUM exceeds ₹15,000 crore. Naveen Kulkarni appointed CIO for PMS.