Nippon Life AMC Q1 net profit jumps 27% on record operating profit, higher AUM growth

Shares of Nippon Life India Asset Management Ltd ended at ₹1,140.00, down by ₹27.50, or 2.36%, on the BSE.

Shares of Nippon Life India Asset Management Ltd ended at ₹1,140.00, down by ₹27.50, or 2.36%, on the BSE.

HPCL revenue rose 22.3% quarter-on-quarter to ₹1.41 lakh crore from ₹1.15 lakh crore. While, the company reported an EBITDA loss of ₹16,141 crore, against an EBITDA profit of ₹8,979 crore in the March quarter.

The Murugappa Group-backed agrochemical company reported a 59.8% rise in June-quarter profit to ₹20.84 crore, while EBITDA margin expanded to 10.36% from 7.47%. The board also approved the sale of its entire stake in Nasense Labs for ₹8.15 crore.

Shares of Adani Green Energy Ltd ended at ₹1,472.85, down by ₹69.00, or 4.48%, on the BSE.

Crystol Energy Global Advisor Christof Ruehl said oil prices would likely need to rise above $100-$120 per barrel before causing significant economic damage because the global economy is less dependent on crude than in previous decades. However, he warned that…

Paytm CEO Vijay Shekhar Sharma aims for a ₹40,000 crore cash balance, nearly half its market cap. This conservative strategy follows regulatory challenges.

Shares of IIFL Finance Ltd ended at ₹566.55, down by ₹5.55, or 0.97%, on the BSE.

Shares of IIFL Finance Ltd ended at ₹566.55, down by ₹5.55, or 0.97%, on the BSE.

Smartworks Coworking Spaces’ earnings before interest, tax, depreciation and amortisation (EBITDA) increased by 43.5% to ₹346 crore in the fourth quarter from ₹241 crore in last year.

HFCL reported its strongest-ever quarterly performance, with revenue more than doubling and profit returning to record levels, driven by robust export demand and higher product sales. The company also raised its FY27 revenue growth target to 40% and approved a…