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The sharp recovery in profit margin may continue in the winter months when sales are slow.

The public sector lender’s net profit rose to ₹4,904 crore, up from ₹4,304 crore in the year-ago period.

The country’s largest private lender said its net profit rose to ₹18,641.3 crore, up from ₹16,821 crore in the year-ago period, exceeding market estimates of ₹17,252 crore, according to a CNBC-TV18 poll.

The private lender, which has been focusing on improving profitability and maintaining a healthy balance sheet since its restructuring in 2020, said its net profit rose to ₹655 crore in the second quarter ended September 30. This is higher than…

Q2 Results Live Updates: A busy Saturday, October 18, as a slew of major companies are scheduled to announce their September quarter earnings today. Leading the lineup are prominent banks, including HDFC Bank, ICICI Bank, Federal Bank, PNB, Yes Bank,…

The EBITDA margin fell to 21.5%, compared with 26.5% in the corresponding quarter of the previous fiscal. Shares of RPG Life Sciences Ltd ended at ₹2,295.00, down by ₹11.00, or 0.48%, on the BSE.

With the latest conversion, IndiGo now has firm orders for 60 A350-900 aircraft and retains purchase rights for 40 more wide-body aircraft. Shares of Interglobe Aviation Ltd ended at ₹5,852.00, down by ₹29.00, or 0.49%, on the BSE.

According to the company’s filing, the project involves the design, supply, erection, testing, and commissioning of the upgradation of the existing 1x25kV system to a 2x25kV AT feeding system, including feeder and earthing works.

Marico has acquired the remaining 46.02% stake in HW Wellness Solutions, making True Elements a wholly owned subsidiary.

Mazagon Dock Shipbuilders said that it has signed an exclusive Memorandum of Understanding (MoU) with France’s Naval Group on October 16 to jointly offer evolved submarines to a friendly foreign nation under its ongoing submarine acquisition programme. Shares of Mazagon…