AU Small Finance Bank Q2 results: Net profit soars 42% to ₹571 crore
AU Small Finance Bank reported a 42% rise in net profit to ₹571 crore for Q2 2024, with total income increasing by 55% to ₹4,549…
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Dr Lal PathLabs Q2 results: Profit jumps 18.2%, revenue grows 9.8%
Dr Lal PathLabs reported an 18.21% year-on-year increase in PAT to ₹129.2 crore for Q2 FY25, with revenue from operations growing by 9.8% to ₹660.2…
Hindustan Unilever to spin off its ice cream business amid strategic restructuring
The separation is driven by the distinct operating model of the ice cream business, which involves specialised cold chain infrastructure and a unique channel landscape,…
Macquarie Asset Management bullish on India’s energy transition story, says Group Head Ben Way
Ben Way, Group Head at Macquarie Asset Management stated that globally, the key themes driving investments are energy transition, transport, and digitalisation. These trends are…
Dividend Stocks: HUL declares its highest ever payout post Q2 results
Hindustan Unilever announced its September quarter results, where its revenue of ₹15,508 crore was up 1.5% from last year but was marginally below the CNBC-TV18…
Karnataka Bank Q2: Net profit grows 1.76% on-year, gross NPAs decline
Karnataka Bank reported a net profit of ₹336.07 crore in Q2 FY25, up 1.76% from the previous year. Net interest income grew 1.36% to ₹833.56…
Gujarat Fluorochemicals’ EV subsidiary raises ₹1,000 crore in equity to fund expansion
Devansh Jain, Executive Director, InoxGFL Group stated that promoters of INOXGFL Group contributed ₹200 crore to the fundraise, with the remaining capital sourced from family…
Madhu Kela sees market correction as necessary after strong 3-4-year growth, cautions investors
Madhu Kela, founder of MK Ventures stressed the importance of having moderate return expectations, suggesting that earning a return of 12% to 15% over the…
Why GMR Airports stock was buzzing in trade today
This strategic infusion of capital is expected to help the GMR Group restructure its finances by refinancing all the external debt of GMR Enterprise Private…
This expert believes gold and silver demand will persist even if prices stay high
Although sales slowed slightly in September due to Pitru Paksha, a period of reduced purchases, demand is picking up again as the festive season approaches.