IPO-bound Ecom Express focuses on cost rationalisation to enhance margins
Ecom Express, India’s leading e-commerce logistics provider, is focused on cost rationalisation to boost margins ahead of its Rs 2,600 crore IPO, sources told CNBC-TV18.
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LTIMindtree Q2 Results: Net profit climbs 7.7% to ₹1,251 cr, announces ₹20 interim dividend
LTIMindtree reported a 7.7% year-on-year increase in consolidated net profit for Q2 FY25, reaching ₹1,251 crore. The firm also announced significant deal wins and a ₹20 interim dividend per equity share.
Tata Communications Q2 Results | Net profit up 3% at ₹227 crore, revenue grows 18% to ₹5,767 crore
Shares of Tata Communications Ltd ended at ₹1,814.95, down by ₹105.90, or 5.51% on the BSE.
Polycab India Q2 Results | Net profit up 4% to ₹445 crore; misses estimates
Shares of Polycab India Ltd ended at ₹7,102.20, down by ₹80.20, or 1.12% on the BSE.
Dhanlaxmi Bank Q2 net profit climbs 11.4% to ₹25.8 cr, shares surge nearly 6%
Dhanlaxmi Bank posted a net profit of ₹25.8 crore for Q2 FY25, marking an 11.4% year-on-year increase. Shares rose nearly 6% following the earnings announcement, closing at ₹37.19, up 3.36%.
Zomato to review fundraising via QIP on October 22
Zomato Ltd’s board will assess QIP fundraising and announce second quarter results on October 22, followed by an earnings call amid heightened market competition in quick commerce.
Wipro Q2 results: Constant currency revenue grows after six-quarter drop; Bonus declared
Wipro’s large deal bookings during the September quarter stood at $1.5 billion, the highest in 10 quarters.
Gold ETFs have given average return of 29% in one year: Is now the time to invest?
The three-year and five-year average returns stand at 16.93% and 13.59%, respectively. LIC MF Gold ETF leads with returns of 29.97% (1-year), 17.47% (3-year), and 13.87% (5-year).
Karur Vysya Bank Q2 Result: Net profit surges 25% to ₹473 cr, asset quality improves
Karur Vysya Bank posted a significant rise in net profit for Q2 FY25, achieving ₹473.60 crore, up 25.1% from last year. With enhanced asset quality and profitability, the bank remains well-positioned for future growth.
Infosys declares ₹21 interim dividend, fixes record date
The record date for the said dividend has been fixed as October 29, 2024. The dividend will be paid on November 8, 2024.