Avenue’s Supermarts Q4 y-o-y net profit growth hits 21.4%, numbers in line with Street estimates

Avenue Supermarts, which heads the DMart chain of stores in the country, achieved a 21.4 per cent year-on-year net profit growth and a 32.1 per cent year-on-year revenue growth for the... Read more »

JLR sales drop 13% at 39,185 units in April

Tata Motors-owned Jaguar Land Rover (JLR) today obtained retail sales of 40,385 units for April, down 2.3 per cent from the same month last year. There has been a... Read more »

ArcelorMittal’s first quarter sees net income drop 66% to $400 million

Steel giant ArcelorMittal Thursday reported more than a 66 per cent drop in its net income to $0.4 billion for the quarter ended March 31, 2019. The world’s largest... Read more »

PNB Housing net profit for the quarter up 51% to Rs 380 crore

PNB Housing Finance Thursday secured a 51 per cent increase in its consolidated net profit to Rs 379.77 crore for the fourth quarter ended March 2019. The company’s net... Read more »

Apollo Tyres Q4 net profit drops 66% because of repayment default by IL&FS

Shares of Apollo Tyres hit a 26-month low of Rs 185 apiece, down 5 per cent intra-day on the BSE on Thursday, after the company reported a drop of 66 per... Read more »

IL&FS resolution to be addressed, green cos’ Rs 12,000 cr debt to be settled by July: Official

Loan exposure worth Rs 12,000 crore of almost 55 green companies of crisis-hit IL&FS group is likely to be settled by July end, a senior government official said as... Read more »

Titan hits a 14.4% increase in profit for Q4 at Rs 348 crore

Watches and accessories maker Titan Company Ltd on Wednesday secured a 14.4% jump in its consolidated net profit for the quarter ended March 31, while revenue at the maker... Read more »

Airtel’s Q4 profit up by 29%, tussle with Reliance Jio continues.

Bharti Airtel Ltd’s fiscal-fourth quarter profit rose 29% from a year earlier because of a one-time gain of ₹2,022.1 crore and a tight control on sales and marketing expenses amid a... Read more »

Tata Chemicals profit halves to Rs 1,386.85 crore in FY19, revenue rises 9.19%

Tata Chemicals, part of the over USD 110 billion Tata Group, on Friday reported 48.68 per cent year-on-year decline in consolidated net profit at Rs 1,386.85 crore for the... Read more »

Marico Q4 profit increases 18% at ₹213 crore, volume growth for Q4 grows 8%

Marico Ltd’s net profit went up 18% to touch ₹213 crore in Q4 (year-on-year basis), in line with analysts estimates. Its profit for the financial year 2019 grew to 14% to ₹930... Read more »