Adani Power Posts Rs 2,906-Crore Net Profit For July-September Quarter Adani Power reported a Rs 2,906-crore net profit for the July–September period, despite higher operating expenses and deferred tax expenses. The increase in power sales volume led the growth in the topline of the second quarter, despite a weakness in power demand due to prolonged […]
PSU Bank Mergers: Canara Bank Awaits Government Directive Canara Bank addressed the topic of PSU bank mergers during its post-earnings press conference on Thursday and said that it has not heard anything from the government on the same. This statement comes at a time when the Indian banking sector is undergoing significant changes, with PSU
Dabur Q2 Results: Profit Rises 7% On Gains In Consumer Care Segment Dabur India Ltd. reported a 6.5% rise in consolidated net profit for the September quarter, in line with expectations. The company posted a profit of Rs 453 crore in the second quarter as compared to Rs 425 crore in the year-ago period, according
Swiggy Q2 Results: A Mixed Bag of Growth and Losses Swiggy Ltd. has posted a 54.4% year-on-year rise in its consolidated revenue during the quarter ended September, with the food delivery major logging a revenue of Rs 5,561 crore. Revenue Growth: A Positive Trajectory The company’s revenue has exceeded the estimate of Rs 5,284.63 crore
ITC Q2 Results: Profit Sees Modest Growth, Revenue Slips 3.4% ITC Ltd.’s net profit rose 2% in the September quarter, while its revenue saw a 3.4% decline, according to the standalone financial results declared by the company on Thursday. The cigarette maker posted a bottom line of Rs 5,179.82 crore, as against Rs 5,078.34 crore
Raymond Lifestyle Shares: A ‘Buy’ Call by Systematix Post Q2 Results – Check New Target Price Raymond Lifestyle Ltd.’s Q2 FY26 results were broadly in line with expectations, with revenue growing 7.3% year-over-year (YoY) to Rs 18.3 billion. However, the company’s margins were impacted during the period due to scale deleverage, with gross margin declining
Nippon Life Q2 Results: Profit Slips 13% Sequentially; Dividend Of Rs 9 Apiece Declared Nippon Life India Asset Management Ltd. declared an interim dividend of Rs 9 per equity share with a face value of Rs 10, along with its Q2 results on Thursday. The company’s net profit for the second quarter of FY26 went
Bandhan Bank Q2 Results: A Comprehensive Analysis Bandhan Bank Ltd. has posted a significant decline in its net profit for the second quarter of this financial year, with standalone net profit plummeting 88% to Rs 112 crore, compared to Rs 937 crore in the year-ago period. This substantial drop in profitability has raised concerns among
“Learn how the Groww IPO is unfolding, why early investors are expecting multibagger returns, and what you as an Indian investor need to know.” Imagine you opened your broking or mutual-fund app one morning and saw the company you had used for years up on the stock exchange. That’s precisely the moment facing the Groww
“Vodafone Idea AGR dues explained: how the SC order impacts VIL, what it means for investors, telecom policy and your stock-market strategy.” Imagine you’re driving on a long highway night, headlights barely cutting the darkness, and suddenly you hit a speed-bump you didn’t see. For many Indian telecom investors and watchers, that speed-bump just arrived: