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Shell warned earlier this month that earnings from both oil and gas trading in the quarter were “significantly lower” than the previous three months. 

Tata Steel’s CEO and Managing Director TV Narendran said around 10% of the company’s European production is exported to the US. He expects EBITDA per tonne from the European operations to remain broadly stable in the second quarter.

According to sources, the tax department’s move is based on specific inputs related to the Jane Street matter. The surveys are currently underway at both premises.

Sun Pharma’s Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) for the quarter increased by 19.2% from last year to ₹4,302 crore, which is higher than the CNBC-TV18 poll of ₹3,77 crore.

Dr Lal PathLabs posted a 24% YoY rise in Q1 profit to ₹132 crore, driven by higher sample volumes. Revenue grew 11.3%, and the board declared an interim dividend.

TVS Motor Q1 Results: Net profit for the period stood at ₹779 crore, which was 35% higher than the same quarter last year, and also above the CNBC-TV18 poll of ₹756 crore.

Despite strong language from US President Donald Trump, Axis Bank’s Chief Economist said there’s no reason to see this as a breakdown in bilateral ties.

HEG announced 15 kt expansion with capital expenditure of ₹650 crore. The existing capacity base is of 100 kt, utilisation was a t85% to 90%. The mode financing will be internal accruals and debt, if required.

Gillette India earned ₹707 crore as revenue for the quarter under review, which is 10% higher compared to the base quarter’s figure of ₹645 crore.

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