Page 5 - Company News

Reliance Retail Q4FY26 results: Net profit rises 1.6% to ₹3,574 crore

Reliance Consumer Products revenue up 2.2 times at ₹7,350 core in Q4

Adani Green Q4 results: Profit jumps 34% on higher sales, capacity growth

The green energy arm of billionaire Gautam Adani's group posted a consolidated profit of ₹3,420 crore ($362.8 million) for the quarter ended March 31, up from ₹383 crore a year ago

Tens of thousands of Samsung workers rally, demand bigger AI profit share

Workers have pointed to rising payouts at SK Hynix, which last year agreed to allocate 10 per cent of its annual operating profit to a performance bonus pool

Hyundai Q1 profit falls 31%, flags uncertainty from West Asia conflict

Its cautious outlook comes after the automaker said earlier this month that its exports to Europe and North Africa, which typically transit through the West Asia

LTM Q4FY26 results: Net profit rises 23% to ₹1,392.3 cr, revenue up 15.55%

IT major LTM (formerly LTIMindtree) on Thursday reported a 23.37 per cent rise in consolidated net profit to Rs 1,392.3 crore in the January-March quarter of FY26. The company, a part of the Larsen & Toubro (L&T) Group, had posted a net profit (attributable to shareholders of the company) of Rs 1,128.5 crore in the same period of the preceding fiscal. The company's revenue from operations saw a 15.55 per cent increase to Rs 11,291.7 crore in Q4 FY26, as compared to Rs 9,771.7 crore in Q4 FY25. On a quarter-on-quarter basis, profit and revenue climbed 43.44 per cent and 4.73 per cent, respectively. For the full fiscal year of 2025-26, the company's profit was 9.12 per cent higher at Rs 5,018.1 crore, while revenue from operations was up 11.31 per cent at Rs 42,307.6 crore. "In FY26, we accelerated our strategic shift to an AI-centric organisation with the intelligence of the BlueVerse platform and talent transformation at scale. Over the year, we unlocked new levels of ...

Dabur India appoints Herjit S Bhalla as CEO for India business operations

Dabur India has appointed Herjit S Bhalla as CEO for its India business, with the former Hershey executive set to report to Global CEO Mohit Malhotra

Infosys Q4FY26 results: Net profit up 20.8% to ₹8,501 cr, dividend declared

Infosys said it expects revenue growth of 1.5 per cent to 3.5 per cent in constant currency terms for FY27

Aditya Birla Sun Life AMC Q4 PAT falls 18% to ₹187 crore, revenue up

Aditya Birla Sun Life AMC on Thursday reported 18 per cent year-on-year decline in profit after tax (PAT) to Rs187 crore for the three months ended March 2026. The company had posted a PAT of Rs 228 crore in the fourth quarter of the preceding fiscal year. Revenue from operations rose 7 per cent to Rs 458.2 crore in the quarter under review from Rs 429 crore a year ago, the asset management firm said in a filing to stock exchanges. The company's board has recommended a final dividend of Rs 25.50 per equity share ofRs 5 each for financial year ended March 31, 2026, subject to shareholders' approval. The dividend, if approved by the shareholders, will be paid within 30 days from the conclusion of Annual General Meeting. The company said the record date for determining shareholder eligibility will be intimated separately after approval. In full financial year FY26, the company's PAT rose 5 per cent year-on-year to Rs975.1 crore and revenue from operations jumped 10 per cent to Rs 1,8

Netflix approves $25 billion share buyback, stock rises in premarket

Shares of the streaming giant rose 1.5 per cent in premarket trading

LTTS Q4FY26 results: Profit rises 6.75% to ₹332 cr, revenue up 8.3% Y-o-Y

L&T Technology Services (LTTS) on Wednesday reported a 6.75 per cent year-on-year rise in consolidated net profit at Rs 332 crore in the January-March quarter of FY26. The company had reported a net profit of Rs 311 crore in the March quarter of FY25. The company's revenue from operations rose 8.3 per cent to Rs 2,857.9 crore in Q4 FY26, as compared to Rs 2,637.8 crore in the year-ago period, according to a regulatory filing. On a quarter-on-quarter basis, profit and revenue climbed by 9.7 per cent and 2.5 per cent, respectively. For the full fiscal year ended March 31, 2026, LTTS posted a net profit of Rs 1,279.2 crore, reflecting a marginal hike of 0.98 per cent from Rs 1,266.7 crore in FY25. Revenue from operations came in 14 per cent higher at Rs 10,995.9 crore in FY26. LTTS' FY26 large-deal bookings crossed USD 850 million. The total included one USD 75 million deal, two deals valued at more than USD 20 million each, one deal of over USD 15 million, and three deals worth mor

Apple's control-focused model may limit AI growth as Ternus takes over

For decades, the company's tightly managed ecosystem, spanning custom chips, proprietary operating systems and curated apps, delivered devices that were secure and easy to use

Trent Q4FY26 results: Profit jumps 32.6% to ₹413 cr; board okays dividend

Tata group retail firm Trent Ltd on Wednesday reported a 32.57 per cent on-year increase in consolidated net profit to Rs 413.1 crore for the March quarter of FY'26. The company posted a consolidated net profit of Rs 311.6 crore in the January-March quarter a year ago, according to a regulatory filing by Trent Ltd, which operates retail stores under the brand names Westside, Zudio and Star. Meanwhile, the board of Trent has approved a bonus issue of 1 equity share for every 2 equity shares held and recommended a dividend of 600 per cent, which is Rs 6 per equity share of Re 1 each. Trent's consolidated revenue from operations was up 19.23 per cent to Rs 5,027.99 crore in the March quarter. It was Rs 4,216.94 crore in the year-ago period. The company's total expenses increased 16.7 per cent in the March quarter to Rs 4,520.95 crore in FY'26. The total consolidated income, which includes other income, was at Rs 5,055.90 crore, up 17.8 per cent in the March quarter. In the entire FY

Tata Communications Q4 results: Revenue rises 9.4% to ₹6,554 crore

Revenue from its mainstay data services business rose 11.5 per cent to 56.84 billion rupees ($606 million), boosting overall revenue to 65.54 billion rupees

Tesla brings in 2nd model to India; to expand service, body shop network

American electric carmaker Tesla on Wednesday announced acceleration of its journey in India, driving in the three-row six-seater SUV Model YL priced at Rs 61.99 lakh, its second offering in the country. The company, which last year made its much-awaited entry into India with the launch of its Model Y, is also revving up expansion of charging network across highways connecting major cities. "What we are going to do in the coming quarter or in this quarter is to expand our service and body shop network and presence in cities of Bengal, Hyderabad, Chennai and Ahmedabad," Tesla India General Manager Sharad Agarwal said at the launch. Stating that the company will be closer to its customers, he said, "Service for us is more of peace of mind to our customers because you don't need to come to the Tesla service centre to fix your car." Charging is a very important part of the ecosystem that we are building here in India, he said and added the company had already enabled five supercharger

Flipkart expands circular push into fashion with denim take-back plan

'Swap on Jeans' rollout targets textile waste and expands to over 260 pin codes as Flipkart integrates recycling into the purchase journey through its recommerce platform

NCLAT reserves order on Vedanta's pleas of Adani's bid for JAL

The National Company Law Appellate Tribunal (NCLAT) on Wednesday reserved its order on Vedanta's two petitions against the selection of Adani Enterprises' bid to acquire debt-ridden Jaiprakash Associates Ltd (JAL) through an insolvency process. A two-member NCLAT bench comprising Chairperson Ashok Bhushan and Member Technical Barun Mitra concluded its hearing following arguments from Vedanta and respondents, including the Resolution Professional, Committee of Creditors (CoC) and Adani Enterprises. It asked both parties to submit written submissions within the next two days. Vedanta's counsel questioned the evaluation metrics adopted by JAL lenders, who selected the bid from Adani Enterprises offering Rs 14,535 crore and rejected Vedanta's higher bid of Rs 17,926 crore. On March 24, NCLAT declined any interim stay over the Vedanta Group's plea against the order passed by the NCLT on March 17, approving Adani Group's bid. However, it had said that the plan would be subject to the .

Havells India Q4 results: Profit rises 40% to ₹723 crore on strong demand

Havells is better off than its peers due to a diversified portfolio and greater reliance on segments such as wires, cables and switchgear, analysts said

Vikram Saha resigns as Deputy MD, board member of Can Fin Homes

Senior executive steps down following transfer by parent bank, exits board as whole-time director, company says in regulatory filing

Adani backs lenders, opposes Vedanta's late bid in Jaypee insolvency case

Adani Group supports lenders in Jaypee insolvency case, opposing Vedanta's revised bid filed after deadline, citing concerns over fairness and process integrity

Eli Lilly backs crackdown on fake Mounjaro in Gurugram, flags safety risks

Authorities in Gurugram have uncovered a racket involved in the manufacturing and sale of fake Mounjaro (tirzepatide) injections - used for treating diabetes and obesity - with the arrest of two people and issued a nationwide alert to trace counterfeit batches. Following the confiscation of counterfeit injections, pharmaceutical company Eli Lilly, the manufacturer of Mounjaro, reacted to the seizure. "We have been made aware of a recent development in relation to the seizure of suspicious and counterfeit products that allegedly carry our product brand name Mounjaro (Tirzepatide)...Lilly takes patient safety extremely seriously and welcomes regulatory authority's action against illicit medicines," Eli Lilly and Company (India) spokesperson said. Drug Control Officer Amandeep Chauhan on Monday said investigators are probing the network behind the illegal operation and tracking all those linked to the racket. A Health Department team raided a residential society in Sector 62, Gurugram