MTNL Q2 Results | State-owned telecom company reports net loss of ₹890 crore
Shares of Mahanagar Telephone Nigam Ltd ended at ₹44.32, up by ₹0.30, or 0.68% on the BSE.
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Lemon Tree Hotels Q2 Results | Net profit surges 33% to ₹35 crore, revenue rises 24% to ₹284 crore
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Hero MotoCorp beats Q2 estimates with 14% net profit growth
India’s largest two-wheeler manufacturer, Hero MotoCorp, reported a 14.2% year-on-year (YoY) increase in net profit to ₹1,203.5 crore for the September quarter, exceeding analysts’ expectations.
Glenmark Pharma Q2 Results | Drug firm returns to profit, revenue up 7%
Glenmark Pharma Q2 Results | The company posted a net profit of ₹354.4 crore. EBITDA surged 30.2% to ₹601.7 crore over ₹462 crore in the year-ago period. Shares of Glenmark Pharmaceuticals Ltd ended at ₹1,539, up by ₹0.50, or 0.032%,…
Royalty payment by listed cos rises to ₹10,779 cr in FY23: SEBI study
The study found that in one out of four instances, listed companies paid royalty to related parties (RPs) exceeding 20% of their net profits.
SOBHA Q2 Results | Realty firm sees 73% surge in net profit, 26% revenue rise
SOBHA Q2 Results | EBITDA was up 2.3% to ₹77 crore while the EBITDA margin fell to 8.3%. Shares of Sobha Ltd ended at ₹1,533.95, down by ₹11.55, or 0.75%, on the BSE.
Easy Trip Planners Q2 revenue up on strong bookings; net profit, margin slide
Easy Trip Planners Q2 | The EBITDA margin stood at 25.5% in the reporting quarter versus 45.6% in the Q2 FY24. Shares of Easy Trip Planners Ltd ended at ₹30.13, up by ₹0.070, or 0.23%, on the BSE.
Delhivery Q2 Results | Logistics provider swings to black, posts ₹10-crore profit, revenue up 13%
Delhivery Q2 Results | EBITDA stood at ₹57.3 crore over a loss of ₹15.7 crore in Q2 FY24. Shares of Delhivery Ltd ended at ₹329.95, down by ₹0.25, or 0.076%, on the BSE.
Reliance, Disney and Viacom18 complete ₹70,352-crore media merger; Nita Ambani named chairperson
The merger integrates Viacom18’s media and JioCinema businesses into Star India Private Ltd (SIPL), forming a new joint venture. Nita Ambani will be the chairperson of the JV, with Uday Shankar, as vice chairperson, providing strategic guidance to the JV.…
Zomato targets December launch for $1 billion QIP, ropes in Morgan Stanley
Zomato informed its investors that the fundraise is meant to strengthen its balance sheet at this point and that there is also no plan for any minority investments or acquisitions.