BSE net profit dips 16.46% to Rs 51.86 crore in quarter ended March 31, 2019

The BSE saw a 16.46 per cent year-on-year decline in consolidated net profit at Rs 51.86 crore during the fourth quarter ended March 31, 2019. The exchange had also... Read more »

L&T Infotech profit soars 36.2% to Rs 1,515.5 crore in FY19, revenue up by 29%

Larsen and Toubro Infotech, the software services arm of L&T group secured a 36.2 per cent growth in consolidated net profit at Rs 1,515.5 crore in the quarter ending... Read more »

Higher expenses drop ICICI Bank Q4 net profit by 5% to ₹969 crore

Private sector lender ICICI Bank reported a 5% drop in net profit to ₹969 crore in the fourth quarter ended March 31, 2019, as a result of higher expenses. This... Read more »

IIFL’s new venture targets fresh graduates with its financial advisory product.

IIFL has provided an instant solution for countless graduates and job-seekers with its Advisor Anytime Anywhere (AAA) product. This new venture hopes to establish a fresh league of young,... Read more »

Big Basket secures funding of USD 150 million, enters India’s unicorn club

Online grocery store Big Basket has reportedly received a fresh round of funding worth USD 150 million (about Rs 1,040 crore) led by Chinese e-tailer Alibaba and other investors... Read more »

HUL sees underlying volume growth of 7%, EBITDA up 90 bps in quarter ending March 2019.

Hindustan Unilever Limited (HUL) reports its results for the quarter ending 31st March 2019. Domestic Consumer Growth was 9% with Underlying Volume Growth at 7%. EBITDA margin was up... Read more »

Bombay Dyeing shares up 12% on strong Q4 earnings, with a standalone profit of Rs 1,253.33 cr

Shares of Bombay Dyeing & Manufacturing was up 12 per cent in the early trading hours on Friday, after the company achieved decent fourth quarterly earnings. On Thursday, the... Read more »

Millennials seek loans to fulfill their wanderlust says IndiaLends report

As summer vacations are around the corner, IndiaLends, a new-age digital lending platform, has reported 55% growth in personal loans for travel purposes. More so, 85% of these loan... Read more »

Brittania Industries Q4 net profit increases to Rs 294.27 crore, up by 11.28%.

Britannia Industries on Wednesday saw an 11.82 per cent increase in consolidated net profit at Rs 294.27 crore for the fourth quarter ended March 31, 2019. The company had reported... Read more »

Escorts share price drop by 7.5% on decline in April tractor sales

Escorts share price dropped in early trade today after the farm equipment major suffered a 14.9 per cent downside in its tractor sales at 5,264 units in April. Escorts... Read more »