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Home services marketplace Urban Company on Friday said its consolidated net loss widened to Rs 182.48 crore in the July-September quarter of FY27. The company had posted a net loss of Rs 59.33 crore in the year-ago period, according to a regulatory filing. Urban Company's revenue from operations rose 41.4 per cent to Rs 537.29 crore from Rs 380.03 crore in Q2 FY26. On a sequential basis, the net loss widened from Rs 92.12 crore in the April-June quarter, while revenue was up 1.7 per cent. The company's board also approved raising up to Rs 2,500 crore through the issue of equity shares or other convertible securities via qualified institutional placement (QIP), subject to shareholder approval. The board also gave an in-principle approval to explore residential air conditioners as a new line of business under its 'Native' brand. The company said it already services millions of air conditioners every year, which gives it first-hand insight into product gaps and customer needs. The .
K P Energy on Wednesday posted a 58 per cent on-year rise in consolidated net profit to Rs 41.35 crore in the December quarter, mainly on the back of higher revenues. "The company has recorded its highest-ever Q3 Profit After Tax (PAT) on a consolidated basis for Q3FY26 at Rs 41.35 crore in comparison to that for Q3FY25 at Rs 26.39 crore, representing a growth of 58 per cent," a company statement said. According to the statement, its consolidated revenue from operations reached its highest-ever level for a second quarter, rising from Rs 211.84 crore in Q3FY25 to Rs 344.96 crore in Q3FY26 - a growth of about 63 per cent. The board also declared the third interim dividend at 4 per cent per equity share having a face value of Rs 5 each for 2025-26. The record date for the dividend will be January 28, 2026. The board also approved the allotment of 6,88,800 equity shares of face value Rs five each, fully paid-up, upon conversion of an equivalent number of warrants to Faruk G. Patel, ...
Dairy firm Heritage Foods Ltd has posted 5.75 per cent drop in consolidated net profit to Rs 38.16 crore for the fourth quarter of 2024-25 fiscal year on higher expenses. Net profit stood at Rs 40.49 crore in a year-ago period, the company said in a statement. Total income increased to Rs 1,048.4 crore in January-March period of 2024-25 from Rs 950.5 crore a year ago. However, expenses remained higher at Rs 990.5 crore as compared with Rs 898.62 crore earlier. For the full 2024-25 fiscal year, net profit rose to Rs 188.28 crore as against Rs 106.54 crore a year ago. Heritage Foods Executive Director Brahmani Nara said the company has delivered its "highest-ever quarterly and annual revenue, crossing Rs 4,134.6 crore in FY25." Excluding the bulk B2B segment, revenue growth remained consistently above 10 per cent each quarter, reflecting the strength of the core portfolio and market strategy despite industry headwinds, she said. "We continued to strengthen our omni-channel presen
Chennai Petroleum Corporation Ltd on Friday reported a 25 per cent drop in its March quarter net profit as refining margins fell on softening global oil rates. Consolidated net profit was at Rs 469.93 crore in January-March (fourth quarter of 2024-25 fiscal year) compared with Rs 627.89 crore earnings in the same period of last financial year, according to a stock exchange filing by the company. Revenue from operations was almost flat at Rs 20,580.65 crore. For the full fiscal (April 2024 to March 2025), CPCL's net profit plunged to Rs 173.53 crore from Rs 2,711.25 crore in 2023-24. CPCL said it earned USD 4.22 on turning every barrel of crude oil into fuel in FY25, down from USD 8.64 per barrel gross refining margin in the previous year. The firm, which is a subsidiary of state-owned Indian Oil Corporation (IOC), processed 2.974 million tonnes of crude oil in Q4, slightly lower than 3.087 million tonnes processed in January-March 2024. In full 2024-25 fiscal, crude oil processing