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    Reliance Strategic Investments' name changed to Jio Financial Services

    Reliance Strategic Investments' name changed to Jio Financial Services The changed name is effective from 25 July, 2023.
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    Bajaj Finance Q1 results: Net profit rises 32% YoY to ₹3,437 crore; asset quality improves

    Bajaj Finance Q1 results: Net profit rises 32% YoY to ₹3,437 crore; asset quality improves Bajaj Finance’s assets under management (AUM) grew by 32% to ₹270,097 crore as of June 30, 2023, from ₹204,018 crore as of June 30, 2022.
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    BPCL Q1 Results: Net profit at ₹10,550.88 crore versus loss year ago

    BPCL Q1 Results: Net profit at ₹10,550.88 crore versus loss year ago BPCL reported a net profit of ₹10,550.88 crore in Q1FY24, compared to a loss of ₹6,263.06 crore in the year-ago period. Sequentially, net profit rose 62.9%.
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    Kajaria Ceramics Q1 Results: Profit surges to ₹93.66, net sales up 6%

    Kajaria Ceramics Q1 Results: Profit surges to ₹93.66, net sales up 6% The firm also reported the standalone net sales of ₹964.42 crore in first quarter of FY24, a rise of 6 percent on a YoY basis.
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    Dentsu X India appoints Jose Leon as chief executive officer

    Dentsu X India appoints Jose Leon as chief executive officer Prior to joining dentsu X, Jose Leon held the position of managing director at the Publicis Groupe for over five years
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    Cipla Q1 results: Net profit rises 45% YoY to ₹996 crore; US business posts highest ever revenue of $222 million

    Cipla Q1 results: Net profit rises 45% YoY to ₹996 crore; US business posts highest ever revenue of $222 million Cipla Q1 Results: Revenue in Q1FY24 increased 17.7% to ₹6,328.9 crore from ₹5,375.2 crore, YoY, driven by performance in India, US & South Africa.
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    Axis Bank Q1 Result: Net profit jumps 41% to ₹5,797 crore; NII up by 27%

    Axis Bank Q1 Result: Net profit jumps 41% to ₹5,797 crore; NII up by 27% Axis Bank Q1 Result: The net interest income (NII) of the bank jumped 27% from ₹9,384 crore in Q1FY23 to ₹11,958 crore during the quarter ending June 2023
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    Dr Reddy’s Q1 Results: PAT rises 46% at 1402.5 crore, revenue up 7% QoQ

    Dr Reddy’s Q1 Results: PAT rises 46% at 1402.5 crore, revenue up 7% QoQ The total revenues of the firm also rose 7% QoQ and 29 percent YoY at ₹6,738.3 crore.
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    Tech Mahindra Q1 Results: Net profit declines 38% to ₹692.3 crore on weaker CME, BFSI verticals; revenue up 3.5% YoY

    Tech Mahindra Q1 Results: Net profit declines 38% to ₹692.3 crore on weaker CME, BFSI verticals; revenue up 3.5% YoY Tech Mahindra Q1 Results: The IT major's revenue from operations during the first quarter of current fiscal stood at ₹13,159 crore, compared to ₹12,707 crore in the year-ago period.
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    Tata Consumer Products Q1 Results: Net profit rises 22% to ₹337.7 crore; revenue up by 12.5%

    Tata Consumer Products Q1 Results: Net profit rises 22% to ₹337.7 crore; revenue up by 12.5% Tata Consumer Products Q1 Results: The revenue of the company jumped 12.5% from ₹3,326.8 crore in Q1FY23 to ₹3,741.2 crore during the period under review
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    BDK Valves & Gurukrupa Group complete 100% acquisition of Theis Precision

    BDK Valves & Gurukrupa Group complete 100% acquisition of Theis Precision The company has a manufacturing capacity of 40,000 tonne per annum and plans to immediately increase manufacturing capacity to 150000 tonne to enhance its market share in domestic and global markets
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    Hitachi Payment Services to acquire cash management biz of Writer Corp

    Hitachi Payment Services to acquire cash management biz of Writer Corp Hitachi Payment Services said the acquisition will transform its market standing by integrating the cash management business into its overall service offerings
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    Tech Mahindra Q1 Results: Profit, EBITDA to deal wins - five key takeaways from IT major's earnings

    Tech Mahindra Q1 Results: Profit, EBITDA to deal wins - five key takeaways from IT major's earnings Tech Mahindra's Q1FY24 numbers were weak, with declining profit and EBITDA. Revenue saw low growth. The company acknowledged the challenging quarter but expressed confidence in delivering...
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    Tech Mahindra Q1 Results: Headcount plunges 9% by 4,103 in June quarter

    Tech Mahindra Q1 Results: Headcount plunges 9% by 4,103 in June quarter The attrition rate of IT major dropped to 13 percent from 15 percent and since the first quarter of fiscal year 2023, the IT major has been seeing a drop in attrition rate.
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    Novartis Q1 Results: Net profit declines 61% to ₹20.2 crore; revenue drops 30%

    Novartis Q1 Results: Net profit declines 61% to ₹20.2 crore; revenue drops 30% Novartis Q1 Results: The Earning Per Share (EPS) of the company declined sharply from ₹21.21 in Q1FY23 to ₹8.21
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    Syngene Q1 Results: PAT up 26% to ₹93 crore, revenue rises 26% to ₹832 crore

    Syngene Q1 Results: PAT up 26% to ₹93 crore, revenue rises 26% to ₹832 crore The firm said that the EBITDA was ₹235 crore for Q1FY24, and the margin was 28.3 percent
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    REC Q1 Results: Net profit rises 21% to ₹2,968 cr, dividend declared; board to consider fund raising via NCDs

    REC Q1 Results: Net profit rises 21% to ₹2,968 cr, dividend declared; board to consider fund raising via NCDs REC Q1 Results: The power distributer reported a growth of 21 per cent in consolidated net profit at ₹2,968.05 crore, compared to ₹2,454.16 crore in the corresponding period last year.
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    Gentlemen at the gate: Inside a new KKR

    Gentlemen at the gate: Inside a new KKR How Gaurav Trehan recast KKR’s culture, investment thesis and approach in India
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    Bajaj Auto Q1 profit up 42% to ₹1,665 cr

    Bajaj Auto Q1 profit up 42% to ₹1,665 cr The firm posted domestic volume growth of 73% from a year ago in April-June, while exports fell 35%.
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    AirAsia seeks early merger with AI Express

    AirAsia seeks early merger with AI Express The airline is expediting the transition in operational arena, particularly concerning the integration of the flight network.
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