Page 137 - Company News

REC Q2 results: Net profit rises 9% to ₹4,414 crore on higher income

In the latest July-September period, the company registered a 10.62% rise in total revenues to ₹15,162.38 crore from ₹13,706.31 crore in the year-ago period

Qcom platform LoveLocal to launch 30-minute delivery, expand outside Mumbai

LoveLocal, which focuses on the fresh edibles category, acts as a bridge between local retailers and customers

Bank of India Q2FY26 results: Net profit up 7.62% on dip in credit costs

The Mumbai-based lender's shares ended 1.67 per cent lower, closing at Rs 123.30 per share on the BSE

Ceat Q2 results: Profit surges 52% on Camso integration, volume growth

RPG Group-owned Ceat reports strong double-digit growth in Q2FY26 as Camso integration, festive demand, and robust OEM volumes drive profits and revenue

India Cements logs profit of ₹8.81 cr in Q2; plans ₹2,014 cr on expansion

The board of ICL has approved an investment of ₹2,014 crore, which includes a capex of ₹1,574 crore for modernisation and ₹440 crore for capacity enhancement

Jio Platforms Q2 net profit jumps 13% to ₹7,379 crore on higher ARPU

The gross revenue stood at ₹42,652 crore in the second quarter of FY25, 14.9% higher than the corresponding period of the previous year

Biocon Biologics expands Civica tie-up to launch pvt-label insulin in US

The move aims to increase the availability of affordable insulin for the country's 38.4 million diabetes patient

Meta introduces parental controls for AI chats with teens from next year

Meta said the PG-13 restrictions will also apply to AI chats

AU Small Finance Q2 net profit slips 2% to ₹561 cr despite income rise

Net total income rose 9% to ₹2,857 crore, while operating expenses was up 11% Y-o-Y to ₹1,647 crore during the quarter

NHPC begins commercial operations of 300 MW solar project in Rajasthan

The company also received approval of Punjab State Electricity Regulatory Commission (PSERC) on Thursday, the company said

ACME Solar, Tata Power sign PPA for 50 MW firm and dispatchable project

An FDRE project integrates advanced solar, wind and battery energy storage systems (BESS) to enable reliable energy dispatch during peak demand

Toshiba plans ₹3,232 cr investment to double output in Japan and India

According to the statement, the company will invest a total of ₹3,232 crore by FY2027

Shoppers Stop Q2 loss narrows to ₹20 crore, eyes festive demand boost

Shoppers Stop's consolidated net loss stood at ₹201.1 million ($2.29 million) for the quarter against a loss of ₹205.9 million a year earlier

Sterling and Wilson Renewable Energy reports ₹477.62 cr loss in Q2

The company posted a consolidated net profit of ₹8.57 crore in the quarter ended on September 30, 2024, a BSE filing showed

Hindustan Zinc Q2FY26 results: Net profit rises 13.8% to ₹2,649 crore

The company had posted consolidated net profit of Rs 2,327 crore in the year-ago period

SMBC rules out plans to raise stake in Yes Bank beyond current level

In August, SMBC received Reserve Bank of India's approval to buy up to 24.99 per cent stake in Yes bank from State bank of India and seven other shareholders after having inked a deal in May

Top Indian solar products maker Waaree to expand in US despite trade probe

Waaree, which has 16.1 GW of module making capacity in India and 2.6 GW in the US, is seeing strong US demand due to demand from data centres, manufacturing and transportation

MEIL secures $225.5 mn project from Kuwait Oil Company for gas sweetening

The project, located near Booster Station BS-171, will be completed in a period of 790 days, followed by five years of operation and maintenance

House of Hiranandani to invest ₹500 cr for premium office tower in Andheri

The one-acre Andheri project will add 400,000 sq ft of leasable space as House of Hiranandani expands its Mumbai commercial footprint; JLL India advised the transaction

Shark Tank judge Peyush Bansal nears billionaire status with Lenskart IPO

Lenskart is planning to list as early as next month in Mumbai, targeting a stock debut that would value the company at $9 billion, based on the IPO size