State-owned miner NMDC Tuesday recorded an over 31 per cent rise in standalone net profit at Rs 1,453.77 crore for quarter ended March 31, 2019. The company had reported a standalone profit... Read more »
State gas utility GAIL India on Monday recorded a 20 percent rise in its March quarter net profit as margins on natural gas sales and transmission more than made up for the loss in... Read more »
Mphasis reported an 11.9 per cent increase in consolidated net profit to Rs 266.14 crore in the March 2019 quarter. The company’s net profit was at Rs 237.67 crore in the year-ago... Read more »
Thinner spreads1 and rising under-recoveries are expected to shave the operating profit margins of oil marketing companies (OMCs) by 150-170 basis points (bps) this fiscal, even as crude prices remain elevated and... Read more »
The Offer for Sale (OFS) announced by Reliance Capital on Thursday, May 23, 2019 to sell its shareholding in Reliance Nippon Life Asset Management Ltd (RNAM) has received an excellent response from... Read more »
With a view to strengthen its portfolio, Reliance Brands has signed up Armani’s sportswear brand EA7 as well as British high-street labels All Saints and Kurt Geiger. This will give a boost... Read more »
The revenue growth of the Indian corporate sector slipped to a six-quarter low in the March quarter of FY19, a report said. It was weak consumer sentiment and softening of commodity prices... Read more »
State-run aerospace major Hindustan Aeronautics Limited (HAL) has recorded an all-time high turnover of Rs 19,705 crore with a growth of 7.8 per cent in 2018-19, the company said in a statement... Read more »
State-owned Bharat Heavy Electricals Limited (BHEL) has closed financial year 2018-19 with robust top and bottom line growth because of the strategic initiatives taken by the company. The standalone net profit rose... Read more »
FMCG major Colgate-Palmolive India Ltd (CPIL) Monday achieved a 4.67 per cent rise in net profit at Rs 197.59 crore for the fourth quarter ended March 2019, led by volume growth. The... Read more »