NCC Q3 Results: Net profit tanks 37% to ₹123 crore on lower revenue
Shares of NCC Ltd ended at ₹152.45, down by ₹2.65, or 1.71%, on the BSE.
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Mazagon Dock Q3 profit rises 9% YoY; margins soften despite strong revenue growth
Shares of Mazagon Dock ended today trading 1.3% lower at ₹2,397.10 on the NSE.
Eveready Industries Q3: Profit dives 42%; revenue, EBITDA see double-digit growth
Eveready Industries’ Q3 revenue rose 10% year-on-year to ₹367.2 crore from ₹333.5 crore, indicating steady topline growth. Operating performance also improved with margins slightly higher.
ABFRL’s sales grow, but losses deepen in Q3 even as stock ends higher
Aditya Birla Fashion and Retail Ltd posts Q3 net loss of ₹152.2 crore despite 7.9% revenue growth. Earnings before interest, tax, depreciation and amortisation (EBITDA) increased 2.4% to ₹308.6 crore from ₹301.5 crore a year earlier.
Higher tax on F&O trade is ‘throwing sand in wheels’; to curb extreme trading: Niti Aayog member Virmani
The STT is to be increased for futures contracts to 0.05 per cent from 0.02 per cent, and on options premium and exercise of options to 0.15 per cent from 0.1 per cent and 0.125 per cent, respectively.
JK Paper to invest ₹500 crore in hybrid renewable power project; Q3 PAT at ₹27 crore
JK Paper okayed a ₹500 crore power project, saw lower Q3 profits due shutdowns; and planted 9.5 crore saplings across five Indian states; shares closed lower at ₹326.
RVNL Q3 Results: Low-single-digit revenue growth from last year, margins narrow further
RVNL’s EBITDA margin for the period narrowed by 50 basis points year-on-year to 4.7% from 5.2% earlier. The stock is down over 50% from its August 2024-peak of ₹647.
Are arbitrage funds still worth it after the STT hike? Moneyfront CEO explains
Mohit Gang, CEO & Co-founder of Moneyfront, said that while arbitrage funds continue to offer a return advantage over liquid funds, the gap has narrowed sharply, with the differential shrinking from about 1.23% earlier to roughly 90 basis points.
Berger Paints Q3: Volumes jump over 8%, profit declines as scale, brand spends weigh
Berger Paints posted flat revenue and an 8% YoY profit decline in Q3, offset by strong volume growth, record gross margins and management optimism on improving demand trends.
KNR Constructions’ poor form continues; Q3 net profit, revenue, margins weaken
KNR Constructions’ net profit plunged 58.7% to ₹102.8 crore for Q3 of the current financial year, down from ₹248.6 crore in the year-ago period. The firm won a ₹319.24-crore project during the quarter; shares closed lower at ₹148.85.