Indian investors will closely monitor US market trends, developments in the US-Iran conflict, and key US economic data for directional cues. Oil prices have surged to fresh highs as concerns over supply disruptions persist, even as the US and Iran…
Shares of Tanla Platforms Ltd ended at ₹565.80, down by ₹0.80, or 0.14%, on the BSE.
Revenue from operations rose 53% year-on-year to ₹924 crore during the quarter, while EBITDA increased 48% to ₹173 crore. Company’s EBITDA margin stood at 18.8%, compared with 19.5% in the corresponding quarter last year.
OFSS profit jumped 68.2% to ₹1,416 crore in Q1FY27, revenue up 51.3% to ₹3,125 crore, driven by a one-off deal. Makarand Padalkar resigned, Avadhut Ketkar is new CEO.
Gandhar Oil Refinery reported a sharp sequential improvement in its June quarter performance, with standalone profit rising to ₹179 crore as revenue climbed 71.2%. EBITDA margin expanded to 15.7% from 7% in the previous quarter.
The ADR is currently trading at $11.90, down $0.67 from the previous close. The company’s quarterly performance was impacted by provisions related to the semaglutide ingredients issue and a decline in generics revenue in North America.
Schaeffler India reported double-digit growth in profit and revenue for the June quarter, although operating margins eased slightly as geopolitical cost pressures weighed on earnings despite strong business momentum.
HEG delivered a healthy earnings beat driven by strong margin expansion and improved operating leverage, while simultaneously advancing its transition toward higher-value advanced materials and battery supply-chain opportunities.
IndusInd Bank’s stronger-than-expected June quarter earnings and falling funding costs could force analysts to revisit their estimates, even as the stock trades above the current consensus target price.
Revenue jumps 63% YoY; company plans a new renewable energy SPV and to raise stake in AP NGEL Harit Amrit to 51%