CarTrade Tech Ltd reported a strong financial performance for the first quarter of FY26, posting a net profit of ₹47.06 crore, marking a robust 106% year-on-year (YoY) growth. The company’s revenue from operations also saw a healthy rise of 22.3% YoY, reaching ₹173 crore in Q1 FY26. This significant growth in both profit and revenue … Continue reading “CarTrade Tech Q1 FY26 Net Profit Doubles to ₹47.06 Crore, Revenue Rises 22.3%”
Crisil Limited has been served with a Goods and Services Tax (GST) demand notice amounting to ₹8 crore for the financial year 2020–21, pertaining to export services. The order was issued by the tax authorities citing alleged non-compliance in classification and tax treatment of services rendered overseas. In an official statement, the company confirmed its … Continue reading “Crisil Receives ₹8 Crore GST Demand Notice for FY21, Plans to Appeal”
L&T Technology Services (LTTS) has announced a multi-year contract worth $60 million with a leading US-based telecommunications company. The agreement focuses on delivering advanced network software development and engineering services, marking a strategic step in expanding LTTS’s presence in the global telecom market. As part of the deal, LTTS will establish a dedicated delivery center … Continue reading “L&T Technology Services Secures $60 Million Multi-Year Deal with US Telecom Giant”
Steel Authority of India Limited (SAIL) reported an impressive 89% year-on-year increase in net profit for the first quarter of FY26, reaching ₹744.58 crore. The strong performance was attributed to operational efficiencies and sustained domestic demand. In the post-earnings briefing, SAIL Chairman and Managing Director underscored the positive influence of the India-UK Comprehensive Economic and … Continue reading “SAIL Reports 89% YoY Profit Surge in Q1 FY26”
Finolex Cables Ltd reported a 13.82% year-on-year increase in standalone net sales for the quarter ended March 2025, reaching ₹1,594.58 crore. The company’s net profit rose by 3.86% to ₹151.86 crore, while EBITDA improved by 5.95%, reflecting consistent operational performance. Earnings per share (EPS) also moved up to ₹9.93, signaling steady earnings growth. Despite the … Continue reading “Finolex Cables Posts Q4 Growth; Jefferies Maintains ‘Buy’ Rating”
Central Depository Services (India) Ltd (CDSL) witnessed a sharp surge in its stock price, jumping over 9% intraday and marking an impressive 60% recovery from its March 2025 lows. The rally came even as the company reported a dip in its net profit, signaling robust investor confidence in its long-term prospects. This bullish momentum underscores … Continue reading “CDSL Shares Soar Over 10% in a Day, Up 60% From March Lows”
India’s largest airline, IndiGo, has kicked off FY25 with impressive momentum, posting a robust net profit of ₹3,073 crore for the first quarter—a 62% year-on-year increase. The remarkable growth was fueled by strong passenger demand and favorable jet fuel pricing, boosting the airline’s bottom line. ✈️ Fleet Expansion: 30 More Airbus A350s Ordered In a … Continue reading “IndiGo Orders 30 Airbus A350s & Expands Global Alliances”
SML Isuzu Ltd wrapped up the fourth quarter of FY25 on a steady note, delivering a 1% year-on-year increase in net profit, reaching ₹53 crore, while showing solid improvement in its top-line and operational performance. Revenue and Operational Efficiency on the Rise The company’s revenue grew by 13.5% to ₹771.4 crore, reflecting healthy demand and … Continue reading “SML Isuzu Reports Stable Q4 with Strong Revenue Growth and ₹18 Dividend”
Century Plyboards (India) Ltd reported its financial results for the fourth quarter of FY25, revealing a mixed performance. While the company posted a 13% increase in revenue to ₹1,198 crore, net profit declined sharply by 34% year-on-year, falling to ₹52.50 crore. The decline in profit was accompanied by a slight dip in EBITDA, indicating rising … Continue reading “Century Plyboards Q4 Profit Drops 34% Despite Revenue Growth; Declares ₹1 Dividend”
Today, Mamata Machinery witnessed a strong rally following its Q4 results, with the stock gaining over 10% during intraday trade. Mamata Machinery Ltd delivered an impressive performance in the fourth quarter of FY25, reporting a 29.39% year-on-year increase in consolidated net profit to ₹27.12 crore. This strong growth reflects the company’s continued focus on innovation, … Continue reading “Mamata Machinery Reports 29.4% Jump in Q4 Profit; Announces Dividend for FY25”
