Jindal Stainless Q1 profit up 8% on strong auto, infrastructure demand; sales volume falls 7%
Shares of Jindal Stainless Ltd ended at ₹729.25, down by ₹5.15, or 0.70%, on the BSE.
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GSK Pharma Q1 profit rises 16% as general medicines, vaccines drive growth
The company’s net profit stood at ₹237.1 crore for the first quarter of FY27, compared with ₹205 crore a year earlier. Revenue from operations increased 16.6% to ₹938 crore from ₹805 crore in the corresponding quarter last year.
Texmaco Rail Q1 Results: Profit climbs 67% despite revenue decline
Texmaco Rail reported a mixed June quarter, with revenue declining but profit rising sharply on improved profitability. The engineering company continues to pursue an ambitious growth strategy, expanding into defence and mobility while strengthening its international railway business.
LEAP India IPO opens this week: Company targets ₹2,480 crore issue at ₹151-159 per share
Supply chain asset pooling company LEAP India has set its IPO price band at ₹151-159 per share. The issue includes a ₹480 crore fresh share sale and a ₹2,000 crore offer for sale by existing shareholders.
Kansai Nerolac Paints Q1 profit rises 5% as demand remains strong; plans ₹601 crore expansion
Kansai Nerolac Paints reported a 9.8% rise in revenue in the June quarter, supported by strong demand across decorative and industrial segments. The company, however, flagged pressure from higher raw material costs and rupee depreciation, while announcing expansion projects to…
Ethos Q1 Results: Shares of luxury watch boutique owner jump 20% after strong profit growth
Ethos’ revenue increased by 34% to ₹462 crore from ₹346 crore in the year-ago period. Net profit grew by 47% from last year.
FII flows improve in July, will the trend continue?
There are at least many reasons for the first net inflow from foreign portfolio investors in many months. Will this be a short love affair or FPIs falling in love with Indian stocks all over again?
Sundaram Finance Q1 profit rises 22% as asset quality improves, AUM tops ₹62,200 crore
Sundaram Finance reported a strong June quarter, with profit rising 22% on the back of healthy loan growth, improving asset quality and higher disbursements. The lender said it remains well placed to gain market share despite geopolitical and macroeconomic uncertainties.
Juniper Green Energy IPO subscribed 5.8x so far on final day; GMP signals flat listing
Juniper Green Energy plans to utilise ₹683.24 crore from the issue proceeds to repay its borrowings, while ₹728.69 crore will be infused into its subsidiaries for debt repayment. The remaining funds will be used for general corporate purposes.
Ather Energy Q1 Results: Loss narrows sharply as revenue nearly doubles
Ather Energy posted a sharply narrower quarterly loss as revenue nearly doubled on the back of strong growth in its electric two-wheeler business. The company has also strengthened its balance sheet and continues to expand its connected technology ecosystem.