Page 18 - Company News

Nykaa Q4FY26 result: Net profit jumps fourfold to ₹78 cr; revenue rises 28%

Nykaa ‌is sharpening its push for profitability by doubling down on its core beauty business and expanding its offline reach as it seeks to tap India's $28 billion beauty market

Quick commerce firm Zepto plans ₹11,000-crore IPO in July: Report

Quick commerce platform Zepto plans to launch its Rs 11,000-crore initial public offering (IPO) in July, people familiar with the matter said on Thursday. If the listing goes through, Zepto will join rivals Zomato and Swiggy, which are already listed on stock exchanges. The Bengaluru-based startup, which secured approval from the Securities and Exchange Board of India (Sebi) earlier this month for its maiden public issue, is now expected to submit its Updated Draft Red Herring Prospectus (UDRHP) to the regulator. The delivery app filed its IPO papers using the confidential route in December 2025. People familiar with the matter told PTI that Zepto, founded by Stanford University dropouts Aadit Palicha and Kaivalya Vohra, is aiming to list on the bourses before July 31. According to a recent report by brokerage Bernstein, Zepto is pursuing a markedly different growth strategy from its rivals by focusing on market density and operational intensity rather than rapid geographic ...

Ola Electric Q4 FY26 loss narrows 43% to ₹500 crore; revenue falls 57%

The company posted a net loss of 5 billion ​rupees ($51.65 million) in the January-March ‌quarter, ​compared to ‌a loss of 8.7 ‌billion rupees a ‌year earlier

Jubilant FoodWorks Q4 FY26 profit up 66% to ₹824 crore; revenue rises 19%

The operator of Domino's Pizza and Popeyes restaurants in India, posted a profit ​of 797.9 million rupees for ‌the quarter ​ended March ‌31, up from 480 ‌million rupees a ‌year earlier

Nephrocare Health Services profit up 75% in FY26 on strong dialysis demand

NephroPlus posted a 74.6% jump in FY26 profit as higher dialysis volumes and rapid international expansion boosted revenue and margins

Hindalco's arm Novelis reports $84 mn Q4 net loss; sales rise 4% to $4.8 bn

Novelis Inc, the wholly-owned subsidiary of Hindalco Industries, on Tuesday reported a consolidated net loss of USD 84 million for the quarter ended March 31, 2026, due to fire incidents at its plant in Oswego, New York. The company is a leading sustainable aluminium solutions provider and the world leader in aluminium rolling and recycling. "Net loss attributable to our common shareholder of USD 84 million, compared to a net income attributable to our common shareholder of USD 294 million in the prior year, impacted by Oswego, US, plant fires in September and November," the company said in a statement. "The decrease was due primarily to USD 630 million in pre-tax net losses related to the Oswego fires," it added. However, the consolidated net sales rose to USD 4,787 million from USD 4,587 million in the year-ago period. "Net sales for the fourth quarter of fiscal year 2026 increased 4 per cent versus the prior year period to USD 4.8 billion, mainly driven by higher average alumin

Zee Entertainment Q4 FY26 result: Net loss at ₹102 cr, revenue falls 5.4%

Zee's advertising revenue, ​which accounts for nearly 40% of the total, fell ​3.5 per cent in the quarter, as the Middle East crisis hurt ad spending in March

Muthoot Fincorp plans ₹4,000 crore IPO, FY26 profit more than doubles

Muthoot Fincorp on Saturday announced plans to go public and raise up to Rs 4,000 crore through an initial public offering (IPO). The non-bank lender reported a net profit of Rs 1,640 crore for FY26, more than double of the Rs 787 crore in in FY25. The gold loan-focused non-bank lender's IPO will comprise a fresh issue of equity shares which can be deployed for future growth, as per an official statement. The decision for an IPO was taken at a board meeting on Saturday. Without sharing any details on the timelines, the statement said the issue is subject to shareholder approval, market conditions and regulatory clearances. The IPO activity is very lull in FY26, after a very busy FY25, where companies raised record amounts. However, most of the IPOs were secondary transactions where existing investors were exiting and concerns were also raised about fresh issuances. Alongside the IPO plan, the Muthoot board also approved a stock split, subdividing equity shares of face value Rs 10

Delhivery Q4 profit dips marginally to ₹72 crore; income jumps 26%

Logistics firm Delhivery on Saturday reported a marginal dip in net profit to Rs 72.39 crore in the March quarter of 2026 against Rs 72.55 crore in the corresponding quarter of the previous financial year. Total income of the company for the quarter under review stood at Rs 2,909 crore, up 26.31 per cent year-on-year from Rs 2,303 crore in Q4FY25, the company said. For FY 26, consolidated PAT declined 6.81 per cent year-on-year at Rs 152.54-crore from Rs 162.11-crore an year earlier. The company also announced the elevation of six senior leaders to executive leadership positions.

Uno Minda Q4 FY26 results: PAT rises 22% to ₹326 crore, revenue up 18%

Auto components maker Uno Minda on Saturday said its profit after tax (PAT) grew 22 per cent year-on-year to Rs 326 crore in the January-March quarter, compared to the corresponding period of last year. The company had delivered a bottomline of Rs 266-crore in the quarter ended March 2025. Consolidated revenue for the reporting quarter was seen at Rs 5,336 crore, up 18 per cent from Rs 4,528 crore in Q4FY25, it said. This growth was broad-based and high-quality, driven by value-added features and volume expansion across the company's core and emerging product offerings. Uno Minda also achieved an EBITDA (earnings before interest, taxes, depreciation and amortisation) of Rs 603-crore for the March quarter of 2026 as against Rs 527-crore in the period year earlier, registering a year-on-year growth of 14 per cent, the company said. For the full year ended March 31, 2026, PAT stood at Rs 1,166 crore (PAT (UML share excluding prior period income and exceptional item) as against Rs 943

Vodafone Idea posts ₹51,970 crore Q4 profit on AGR dues relief boost

Aditya Birla group to infuse Rs 4,730 crore from Singapore-based promoter entity

Power Grid Q4 FY26 results: Net profit rises 10% to ₹4,546 crore

State-owned Power Grid Corporation has posted nearly 10 per cent rise in its consolidated net profit to Rs 4,546.33 crore in the March quarter compared to the year-ago period due to higher deferred tax credit. The consolidated net profit was Rs 4,142.87 crore in the quarter ended on March 31, 2025, a regulatory filing showed. According to the regulatory filing, the company has a deferred tax credit of Rs 5,179.80 crore in the quarter compared to Rs 19.98 crore in the same period a year ago. However, total income has dipped to Rs 11,970.69 crore in the quarter from Rs 12,590.80 crore a year ago. In the fiscal 2025-26, the consolidated net profit rose to Rs 15,927.95 crore from Rs 15,521.44 crore a year ago. The company said in a statement that it has proposed a final dividend of Rs 1.25 per share on a face value of Rs 10 each (12.50% of the paid-up share capital) in addition to interim dividend of Rs 7.75 per share paid for FY26 so far. At the end of FY26, the total transmission as

Vodafone Idea posts ₹51,970 crore net profit in Q4 FY26, first in 6 years

Beleaguered telecom operator Vodafone Idea has posted a consolidated net profit of Rs 51,970 crore - its first ever in about six years, for the March quarter of FY2025-26, mainly due to relief in statutory liabilities, according to a company filing. The company had posted a loss of Rs 7,167 crore in the same period a year ago. The Department of Telecom (DoT) on January 27 confirmed that the AGR (adjusted gross revenue) dues of Vodafone Idea (Vi) as of December 31, 2025, amount to Rs 87,695 crore. Thereafter, the DoT informed Vi on April 30 that the Committee formed for the purpose of reassessment finalised the AGR dues at Rs 64,046 crore for the FY 2006-07 to 2018-19 as on December 31, 2025. "Consequently, in accordance with Ind AS 109, the financial liability of Rs 80,502 crore as at December 31, 2025, was derecognised and the revised financial liability of Rs 24,880 crore was recognised, which is the present value of future payments as stated above. The resulting difference of Rs

Godfrey Phillips India Q4 results: Net profit up 86% at ₹521.46 crore

Cigarette maker Godfrey Phillips India Ltd on Friday reported an 86 per cent jump in consolidated net profit at Rs 521.46 crore in the fourth quarter ended March 31, 2026, driven by robust sales. The company had posted a consolidated net profit of Rs 279.61 crore in the corresponding quarter of the preceding fiscal, Godfrey Phillips India (GPI) said in a regulatory filing. Consolidated total revenue from operations in Q4FY26 stood at Rs 3,485.54 crore as against Rs 1,887.79 crore in the year-ago period. Total expenses in the quarter under review were higher at Rs 2,968.42 crore, compared to Rs 1,663.92 crore in the corresponding period a year ago. The board of directors has recommended a final dividend of Rs 3.3 per equity share of Rs 2 each for 2025-26, the company informed the stock exchanges. For FY26, consolidated net profit stood at Rs 1,526 crore, compared to Rs 1,072.31 crore in FY25. Consolidated total revenue from operations for the entire financial year stood at Rs 9,12

Musk's lawyer challenges Altman's credibility as OpenAI trial nears end

OpenAI has said the organization is stronger as a for-profit entity, including the nonprofit that is now a shareholder of the corporation, and that Musk simply wanted control

Apple-OpenAI partnership deteriorates as legal options are explored

That could include sending the iPhone maker a notice alleging breach of contract without necessarily filing a full lawsuit at the outset, according to the people

ED freezes ₹526 crore deposits in money laundering case against Gameskraft

The Enforcement Directorate on Thursday said it has frozen Rs 526-crore bank deposits and seized gold jewellery worth Rs 3.5 crore along with Rs 11 lakh in cash after it concluded searches in a money laundering case against online gaming platform Gameskraft and its founders, officials said Thursday. The searches against the Bengaluru-based company were launched on May 7 in Delhi-NCR and the capital city of Karnataka. The raids concluded on May 13, the agency said in a statement. Movable assets like bank and payment gateway deposits, bonds and fixed deposits worth a total Rs 526.49 crore have been frozen while gold, diamond jewellery and bullion worth Rs 3.5 crore and Rs 11 lakh in cash have been seized during the operation conducted under the Prevention of Money Laundering Act (PMLA), it said. Following the raids, the ED had arrested three founders of the company -- Deepak Singh, Prithvi Raj Singh and Vikas Taneja. Gameskraft Technologies Pvt Ltd, as per the ED, hosts rummy games a

Shadowfax Q4 FY26 results: Net profit rises to ₹56 crore, revenue jumps 74%

Third-party logistics firm Shadowfax Technologies on Thursday reported a net profit of Rs 56 crore in the fourth quarter of FY 2025-26, driven by strong revenue growth. The company had posted a net loss of Rs 10 crore in the quarter ended March 31, 2025. Revenue for the quarter under review grew nearly 73.73 per cent year-on-year (YoY) to Rs 1,237 crore from Rs 712 crore a year ago, Shadowfax said in a regulatory filing. For FY26, the company reported a net profit of Rs 112 crore, a multifold jump from Rs 6 crore in FY25. The company said it delivered 22.6 crore orders, comprising both express parcel and hyperlocal segments, with a shipment growth of 100.8 per cent year-on-year. Shadowfax also said it invested Rs185 crore during FY26 in network expansion, sort centres, capacity enhancement and automation. "FY26 has been a defining year for the company as we strengthened the business across scale, profitability and infrastructure. During the year, we invested Rs 185 crore in capex

Siemens Energy India Q4 FY26 results: Net profit jumps 52% to ₹375 crore

Siemens Energy India Ltd (SEIL) on Thursday posted 52.4 per cent rise in net profit at Rs 375 crore for March quarter. It had reported a net profit of Rs 246 crore in the same quarter a year ago, the company said in a statement. Revenue from operations rose 27.4 per cent to Rs 2,394 crore from Rs 1,880 crore in the year-ago period. Siemens Energy India follows October to September as its financial year. "We delivered another strong quarter with a focus on profitable growth and value creation. Despite current global scenario, the company kept its high performance through disciplined execution of its healthy backlog," Managing Director and Chief Executive Officer Guilherme Mendonca said. Demand momentum in India remains strong, driven by electrification, decarbonization and energy security priorities, as well as export opportunities, he added. SEIL provides solutions across the entire energy value chain from power and heat generation, transmission to storage.

Voltas Q4 FY26: Net profit falls 52% to ₹113 cr, revenue inches higher

Voltas Ltd, the air-conditioning maker and engineering services provider, on Thursday reported a 51.87 per cent decline in its consolidated net profit to Rs 113.43 crore for the March quarter of FY26. It had posted a consolidated net profit of Rs 235.69 crore a year ago, according to a regulatory filing by the Tata Group firm. Voltas' revenue from operations was Rs 4,887.83 crore in the March quarter against Rs 4,767.56 crore in the year-ago quarter. Total expenses of Voltas increased 5.3 per cent to Rs 4,709.95 crore in the March quarter. Voltas total income, which includes other income, rose 1.7 per cent to Rs 4,930.46 crore in the fourth quarter of FY26. In the March quarter, Voltas' revenue from "unitary cooling products for comfort and commercial use", which has room AC business, inched up 1 per cent at Rs 3,493.44 crore. It was Rs 3,458.43 crore in the corresponding period of the last fiscal. "Despite geopolitical-related disruptions creating volatility in raw material ...