Balrampur Chini Q2 profit falls 20% despite strong revenue growth

Revenue, however, rose 29% to ₹1,671 crore from ₹1,298 crore.

Revenue, however, rose 29% to ₹1,671 crore from ₹1,298 crore.

On India’s jewellery demand, Chirag Sheth, Principal Consultant–South Asia at Metals Focus said the bridal segment remains resilient while daily wear demand has softened. “People are waiting for prices to fall further,” he said, but added that wedding-related buying could…

The company’s net profit rose 37.8% year-on-year to ₹162.6 crore, compared with ₹118 crore in the same quarter last year. Revenue rose 5% to ₹1,375.8 crore from ₹1,311.7 crore a year ago.

Revenue from operations grew 42.5% year-on-year to ₹378.4 crore from ₹265 crore, supported by higher sales volumes and improved realisations.

DK Sarraf, former Chairperson of the Petroleum and Natural Gas Regulatory Board (PNGRB), emphasised that CNG is not competing with electric vehicles (EVs) but complementing the clean-energy transition. While India should continue supporting EV adoption, he said CNG remains the…

EBITDA surged 86.3% to ₹282 crore, while margins expanded to 39.3% from 29.2% in the year-ago period.

At the end of the June quarter, Vivek Lohia, the Managing Director of Jupiter Wagons had said that the railway wheel supply stabilized in the month of July with the outlook improving in the coming months.

HEG shares rebounded sharply after taking support near its 50- and 100-day moving averages around ₹520, snapping a five-day losing streak.

Market Wizard founder Adib Noorani advises avoiding mid-term holds, focusing instead on either short-term trades or long-term investments to ride Bitcoin’s natural market rhythm.

Not only did Bharat Forge provide optimistic commentary on the road ahead despite the sluggishness in North America, its results were also a beat on expectations, triggering a recovery in the stock price from the lows of the day.