Page 12 - Company News

Medium-term growth outlook remains healthy for Bharat Forge stock

Brokerages expect growth to strengthen in the second half of FY27, supported by defence order execution, recovery in Class-8 truck demand and domestic CV momentum

Naukri, 99acres power Info Edge growth as Q1FY27 operating margins improve

Recruitment billings rose 17.5 per cent year-on-year, while 99acres moved close to breakeven as competitive intensity eased and billings grew 16.5 per cent

TVS SCS bets big on India growth, eyes around ₹17K cr revenue by FY30

The company expects India's share of its business to rise from the current 30 per cent to 40 per cent over four years, supporting double-digit revenue growth

TCS flags alleged employee data exposure, says customer systems unaffected

TCS said the information referenced appeared to be more than four years old and limited to basic employee information, with no indication that customer data was impacted

Bosch Q1 result: Net profit declines 36.8% to ₹704.9 cr on high base effect

Technology and services company Bosch Ltd on Monday reported a 36.8 per cent decline in consolidated net profit to Rs 704.9 crore in the first quarter ended June 30, impacted by a high base effect. The company had posted a consolidated net profit of Rs 1,115.3 crore in the corresponding quarter of the last fiscal, Bosch Ltd said in a regulatory filing. In the first quarter of the last fiscal, the company had recognised a total gain of Rs 556 crore on sale of its video solutions, access and intrusion, and communication systems business, it added. Its consolidated revenue from operations in the first quarter stood at Rs 5,841.9 crore against Rs 4,788.6 crore in the same period a year ago, the company said. Total expenses in the quarter under review were higher at Rs 5,125.8 crore compared to Rs 4,238.8 crore in the year-ago period, it added. "Our business performance in the first quarter is driven by sustained demand across segments, particularly in passenger cars and commercial ...

Wockhardt Q1 results: Revenue rises 26% to ₹929 cr, profit at ₹107 cr

Pharmaceuticals firm Wockhardt Ltd on Monday reported a consolidated profit after tax of Rs 107 crore for the first quarter ended June 30, mainly due to strong revenue growth. The company had posted a consolidated net loss of Rs 108 crore in the corresponding period of the last fiscal, Wockhardt Ltd said in a regulatory filing. Its consolidated revenue from operations in the first quarter stood at Rs 929 crore against Rs 738 crore a year ago, it added. Total expenses in the quarter under review were higher at Rs 844 crore compared to Rs 770 crore in the year-ago period, it said.

NHPC targets ₹15K cr capex in FY27 amid expansion of hydro project pipeline

The state-owned hydropower major has over 10 GW of capacity under clearance and 17.9 GW of pumped storage projects at various stages of implementation

Leela Palaces to invest up to ₹185 crore in subisdiary Buildminds

Leela Palaces Hotels & Resorts on Monday said it proposes to invest up to Rs 185 crore in its subsidiary Buildminds Real Estate Private Limited to meet the capital requirements for the construction of an upcoming 5-star hotel in Ayodhya. The investment in Buildminds will be made through subscription to Compulsorily Convertible Preference Shares (CCPS) in one or more tranches over one or more years, the company said in a regulatory filing. "Buildminds is engaged in the development of our upcoming 5-star hotel at Ayodhya. The proposed investment forms part of the company's overall commitment to fund the capital requirements of Buildminds and is intended to support its ongoing business operations, project development activities and long-term growth plans. "The investment shall be made in one or more tranches, depending upon the funding requirements. Being an investment in an existing subsidiary, this will not result in any change in the management control or any economic interest in .

JSW Steel crude steel output rises 3% to 24.02 million tonnes in July

JSW Steel on Monday reported a three per cent rise in consolidated crude steel production to 24.02 lakh tonnes in July. The company's crude steel output stood at 23.27 lakh tonnes (LT) in the corresponding month last year. The production from the company's Indian operations increased by four per cent to 23.39 LT, compared to 22.55 LT in July 2025. Meanwhile, output from JSW Steel USA's Ohio facility dropped by 13 per cent to 0.63 lakh tonnes, against 0.72 lakh tonnes a year ago. "The capacity utilisation for Indian operations for the month was at 87 per cent. BF3 of Vijayanagar is ramping up well post re-start from 23 June 2026, and currently operating at above 80 per cent of its rated capacity," the company said in a filing to BSE. JSW Steel is the flagship business of the USD 25-billion JSW Group. The diversified conglomerate's operations span energy, infrastructure, cement, paints, realty, mobility and defence sectors. Over the last three decades, JSW Steel has grown from a s

Zee Entertainment Q1 net profit falls 48% to ₹74.3 cr, revenue up 4.8%

Zee's total expenses grew 12.8 per cent to Rs 1,864.4 crore in the June quarter. It was Rs 1,652.7 crore in the first quarter of FY27.

Hindustan Copper Q1 results: Net profit rises 162.4% to ₹352 crore

State-owned Hindustan Copper Ltd on Monday reported a 162.4 per cent surge in consolidated net profit at Rs 352.37 crore for the quarter ended June 30, 2026, on the back of higher revenues. The company had posted a consolidated net profit of Rs 134.25 crore in the year-ago period, Hindustan Copper said in a filing to the BSE. The revenue from operations during April-June quarter rose 81.3 per cent to Rs 936.50 crore over Rs 516.37 crore in the year-ago period, the filing said. The total expenses during the first quarter increased to Rs 481.83 crore over Rs 347.29 crore in the corresponding quarter of the previous fiscal, the filing said. Hindustan Copper Limited (HCL), is a Mini-Ratna Central Public Sector Enterprise under the mines ministry. It is the only company in India which is engaged in copper ore mining and holds all the operating mining leases for copper ore in the country. The company's current focus lies on exploration, mining, and beneficiation of copper ore to produce

DBS Bank India sanctions ₹520 crore construction finance to K Raheja Corp

The facility will finance a 1.1 million sq ft Grade A commercial tower in Pune's Balewadi, amid strong office leasing demand and growth in the city's business districts

AstraZeneca Pharma India Q1 results: Profit drops 32% to ₹37.93 crore

AstraZeneca Pharma India Ltd on Monday reported a 32 per cent decline in profit after tax at Rs 37.93 crore in the June quarter, impacted by higher expenses. The company had posted a profit after tax of Rs 55.83 crore in the corresponding quarter last fiscal year, AstraZeneca Pharma India Ltd (AZPIL) said in a regulatory filing. Revenue from operations in the first quarter stood at Rs 682.79 crore as against Rs 526.31 crore in the corresponding period a year ago, it added. Total expenses during the quarter were higher at Rs 641.03 crore as compared to Rs 462.49 crore in the year-ago period, the company said. During the quarter, the company said it strengthened its portfolio through key regulatory approvals, expanded scientific engagement through targeted capability-building initiatives and advanced strategic partnerships that support earlier diagnosis and broader access. "The growth and momentum in the first quarter reflects the strength of our portfolio and focus on expanding acc

Premiumisation to bolster retail portfolio: Senior DLF executive

DLF expects its retail portfolio to sustain healthy growth as premiumisation lifts footfalls, consumption rises 11-12 per cent and new mall projects support rental income

Delhivery rejigs top leadership: Vani Venkatesh elevated, Ajith Pai to exit

Pai, a founding member of Delhivery, has served as CFO and later as COO. His responsibilities have been transitioned to the company's new executive operations leadership

Delhivery Q1FY27 result: Profit falls 65% to ₹32 crore, revenue up 28%

Revenue from operations rose 27.8 per cent to ₹2,930.7 crore, while total expenses increased 29.4 per cent; current-quarter figures include Ecom Express

Flipkart Minutes enters premium grocery segment, launches pvt label Pykd

The move comes as quick-commerce companies expand beyond everyday grocery products and seek to attract customers with higher-value purchases

FSSAI calls Diageo's 'matured in American oak casks' claim misleading

United Spirits told stock exchanges this week it anticipated no financial implications from the ban but ​it was closely monitoring the matter

Titan's net profit rises 62.9% in Q1 on robust jewellery sales growth

Revenue from operations increased 29.3 per cent year-on-year to Rs 21,356 crore, while jewellery business income grew 43 per cent during the April-June quarter

Hindalco bets on ₹50K crore projects as debt peaks to ₹80,000 crore

The Aditya Birla Group's metals' company reported its strongest-ever quarterly performance in the first quarter of FY27