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Bajaj Finserv Q1 Results: Net profit jumps 48% to ₹1,943 crore; revenue rises 47% YoY Bajaj Finserv’s revenue from operations in Q1FY24 increased 46.5% to ₹23,280 crore from ₹15,888.3 crore, YoY.

Ujjivan Small Finance Bank Q1 results: Net profit jumps 60% to ₹324.1 crore; NII grows 32% YoY; share price rises 3% Ujjivan Small Finance Bank's net interest income (NII), which is the difference between interest earned and interest expended, during Q1FY24 increased 32.1% to ₹792.4 crore from...

BPCL in talks for Russian oil deal, discounts narrow Bharat Petroleum Corp is in talks with Rosneft to buy oil under a term deal as discounts on Russian oil narrow, says head of finance at BPCL.

Dr Lal Pathlabs Q1 Results: Net profit jumps 44% to ₹84 crore, revenue up 8% YoY; declares dividend of ₹6 per share Dr Lal Pathlabs’ consolidated revenue in Q1FY24 increased 7.6% to ₹541 crore from ₹502.7 crore, YoY.

Cipla promoters exploring stake sale to private equity players? Amid buzz company says... Promoters of Cipla are reportedly in talks to sell a part of their stake. Cipla clarified that it was not aware of any event that requires disclosure. Shares of Cipla rose 6% after the company reported...

Lemon Tree Hotels signs new property in Zirakpur The property is expected to be operational in the second quarter of FY27 and will be managed by Carnation Hotels Private Limited, a wholly-owned subsidiary and the management arm of the company

ACC Q1 Results: Net profit soars 105% to ₹466.14 crore; revenue growth at 16.4% YoY ACC Q1 net profit more than doubled to ₹466.14 crore from ₹227.35 crore, YoY. Volume during the quarter increased by 23.2% at 9.4 MT.

Indian Bank Q1 Results: Net profit up 47% at ₹1,709 crore, NII surges 26% YoY The net interest income increased ₹5703 crore in Q1FY23 from ₹4534 crore in Q1FY22.

Ajanta Pharma Q1 results: Consolidated PAT up 19% to ₹208 crore, declares dividend Ajanta Pharma reports Q1 revenue of Rs. 1,021 crore, EBITDA of Rs. 271 crore, and PAT of Rs. 208 crore, with a 19% increase in revenue and PAT. The company declares a 1st interim dividend of Rs. 315 crore for FY...

L&T share buyback will be fully subscribed: CFO Raman L&T proposed to buy back shares worth as much as ₹10,000 crore at a maximum price of ₹3,000 per share

Bajaj Holdings Q1 Results: Net profit rises 46% to ₹1,4,15.5 crore, revenue up 14% YoY Bajaj Holdings Q1 Results: The company's revenue from operations in the first quarter of current fiscal at ₹104.04 crore, registering a growth of 14 per cent, compared to ₹91.33 crore in the year-ago period.

IEX earnings: Posts 9.6% YoY growth in consolidated net profit for Q2, but shares decline amid market coupling concerns Indian Energy Exchange (IEX) reported a 9.6% increase in consolidated net profit for Q2, reaching ₹75.8 crore, attributed to higher revenues. However, IEX shares declined over...

Cafe Coffee Day parent's bankruptcy: What's brewing at Cafe Coffee Global? All about coffee day enterprises' troubles Coffee Day Enterprises, the parent company of Cafe Coffee Day, is facing financial difficulties and has been admitted for insolvency proceedings by the National Company Law...

RITES inks pact with IRFC to identify areas of collaboration As part of the MoU, RITES will offer consultancy & advisory services and assist in ascertaining the financial & technical viability of projects, while IRFC will provide financial services to projects/ institutions that have got...

Taj Hotels-parent IHCL's consolidated net profit jumps 30% in April-June IHCL's outlook for the upcoming quarters remains strong with the pace of demand driven by domestic consumption momentum, global events, and revival of international arrivals

Barclays, Deutsche Bank, StanChart in talks with Adani to lend upto $750 mn for Ambuja Cements debt Banks are in discussions with Adani Group to lend between $600 million and $750 million collectively to refinance the debt taken to fund its purchase of Ambuja Cements, said a report

Hindustan Power Exchange gets CERC nod for high price contracts in three key markets The move comes as a part of Central Electricity Regulatory Commission’s efforts to enhance market dynamics, deepen the market, and provide more opportunities for members to manage their risk and optimize their...

Arvind Limited Q1 Results: Net profit declines 31.4% at ₹70 crore, revenue down by 21.2% YoY Apart from this, the firm said that its revenue declined 21.2 percent at ₹1,853.3 crore for Q1FY24 compared to ₹2,352.1 crore in Q1FY22.

Railtel Q1 result: Revenue surges to Rs. 46,346 lakhs, net profit reaches Rs. 3,746 lakhs The Company's Board of Directors approved the unaudited Financial Results for the quarter ended June 30, 2023, showing a decrease in revenue and net profit compared to the previous quarter. EPS also decreased.

Adani Transmission is now renamed to Adani Energy Solutions Ltd Adani Transmission Limited, the power transmission and distribution arm of Adani Group, has changed its name to Adani Energy Solutions Limited