Zen Technologies wins orders worth ₹289 crore from defence ministry
The Hyderabad-based company reported a weak Q2 last week with net profit down 4.7% year-on-year (YoY) to ₹59.4 crore, compared with ₹62.3 crore in the same period last year.
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Bank of Baroda Q2 net profit declines 8% to ₹4,809 crore despite 3% growth in NII
The bank’s asset quality showed improvement, with gross non-performing assets (NPA) declining to 2.16% from 2.28% in the previous quarter. Net NPA also eased to 0.57% from 0.60% sequentially. Shares of Bank of Baroda Ltd ended at ₹278.30, up by…
MedPlus Health Q2 net profit surges 43% YoY
MedPlus Health Services reported a 43% YoY rise in Q2 profit to ₹55.5 crore, driven by steady revenue growth and improved margins. Shares of MedPlus Health Services Ltd ended higher on Friday, October 31, by 0.55% at ₹762.00 on the…
Patanjali Foods Q2 net profit zooms 67% to ₹517 crore on strong FMCG and edible oil sales
The company’s newly merged FMCG segment, combining Food & Other FMCG and HPC segments, achieved sales of ₹2,914.24 crore, reflecting 34.31% sequential growth and 30.09% year-on-year growth. Shares of Patanjali Foods Ltd ended at ₹602.55, down by ₹7.25, or 1.19%,…
Phoenix Mills Q2 results: Profit rises 39% on strong retail, leasing growth
The developer, which operates high-end retail and mixed-use properties such as Phoenix Palladium in Mumbai and Phoenix MarketCity in Bengaluru, said retail rental income climbed 10% YoY to ₹527 crore, supported by strong tenant sales and footfalls across malls. Consumption…
Schaeffler India Q3 net profit surges 22% on strong automotive tech & exports
Earnings before interest, tax, depreciation, and amortisation (EBITDA) grew 23.5% year-on-year to ₹456.4 crore, against ₹369.6 crore in the corresponding quarter of the previous year. Shares of Schaeffler India Ltd ended at ₹4,027.15, up by ₹100.60, or 2.56%, on the…
Mahindra Lifespace signs MoU with Tata Projects for projects construction
Mahindra Lifespace Developers Ltd partners with Tata Projects for construction, starting with Mahindra Vista Project in Kandivali, Mumbai. Read more.
NCC bags four orders totalling ₹710 crore
This includes order worth ₹590.9 crore pertaining to buildings division and ₹119.1 crore pertaining to the company’s transportation division.
India regulator likely to penalise MCX for four-hour trading halt, sources say
MCX on Friday said its systems had predefined parameters that limit the number of so-called ‘unique client codes’, “which led to constraints beyond the threshold.” Its trading systems remain stable, the exchange added.
Gold could hit $4500 by end-2025, average $5000 in 2026: CPM Group’s Jeffrey Christian
Jeffrey Christian, Managing Partner of CPM Group believes that both gold and silver prices will continue to be driven by investment demand, as investors look for safe havens amid political instability and financial uncertainty.