Page 14 - Indian Companies

Q1 results review: Early-bird net profit growth slowest in 7 quarters

The combined net profit of the 210 companies that have declared their Q1FY25 results so far is down 4.2 per cent from the year-ago period - their worst showing in seven quarters

Reliance's O2C jitters: A refining challenge that's crimping growth

IPO moves and new energy clarity: Key upside risks for the conglomerate

Mother Dairy aims Rs 17,000 cr turnover in FY25 on better demand: MD

Mother Dairy is targeting a 13 per cent growth in its turnover to Rs 17,000 crore this fiscal, as it expects higher demand for its dairy and edible oils products. Mother Dairy is a leading milk supplier in Delhi-NCR. It sells edible oils pan-India under the 'Dhara' brand and markets fresh fruits and vegetables in Delhi-NCR through around 400 'Safal' retail outlets. "As we mark our 50th anniversary, we crossed a milestone revenue of Rs 15,000 crore in the last fiscal year," Mother Dairy Managing Director Manish Bandlish told PTI. He said the company has been consistently growing and achieved over 40 per cent jump in revenue in the last three years. "As we progress into the current fiscal year, we are confident in accelerating our growth momentum, expecting to add another Rs 1,500 to 2,000 crore," Bandlish said. The onset of the 2024-25 fiscal has been very encouraging with most of its summer-led categories like curd, ice creams and dairy beverages, among others, having grown ...

Microsoft outage disrupts aviation in India; other services unaffected

IndiGo, India's largest airline, reported the cancellation of at least 192 flights over Friday and Saturday

Wipro Q1 FY25 results: Net profit rises 5.2% to Rs 3,036.6 crore

IT services segment revenue was at $2,625.9 million, a decrease of 1.2 per cent Q-o-Q and a decrease of 5.5 per cent Y-o-Y

Patanjali Foods Q1 FY25 results: Net profit rises 200% to Rs 263 crore

The company had reported a net profit of Rs 87.8 crore in the year ago period

In tax records, the marked rise of companies reporting zero income

Fewer than 1,000 firms have reported income of more than Rs 500 crore

Dalmia Bharat Q1FY25 results: Net profit rises 8% to Rs 141 crore

Earnings before interest, taxation, depreciation and amortisation (Ebitda), the company said, increased 9.2 per cent to Rs 669 crore.

Swiggy, Zomato may hike platform fee further to Rs 10-15, say restaurants

Many restaurants ask for high commissions charged by food delivery platforms to be slashed

GenAI does not move the needle in terms of budget: TCS MD & CEO Krithivasan

He talks about why he is hesitant to call out on growth, emerging markets driving growth, GenAI projects and other

Expect strong growth from Q2, says HCLTech CEO & MD C Vijayakumar

Will continue to grow in the US, says C Vijayakumar

IIFL Finance's gold loan book shrinks by over Rs 7,000 crore in Q1

Follows RBI curbs on lender in March this year

Central processing centre sees better results on forms shifted from RoC

The Ministry of Corporate Affairs plans to shift an additional 14 such forms from the Registrar of Companies (RoC) offices to the CPC by the end of this financial year, sources informed

Titan Company MD C K Venkataraman on his 'sparkling' journey with Tanishq

Venkataraman, who has steered Tanishq for nearly two decades, shares with Aneeka Chatterjee the joys and challenges of the journey

Business as usual: Indian companies stay put in sanctions-hit Russia

Two countries commit to raise bilateral trade to $100 bn by 2030 as war in Ukraine continues

Nasscom writes to Karnataka CM, raises concerns over draft gig workers bill

It says the Bill lays down onerous and prescriptive obligations on aggregators like the minimum notice period for termination, algorithmic disclosures, monitoring and tracking mechanisms

Can improve recovery rate under IBC to 40%: IBBI chairperson to RPs

In accounting terms, a going concern entity is expected to survive and thrive for at least the next 12 months, even if it is going through insolvency proceedings

EaseMyTrip is expecting a positive cashflow from ops this year: CEO

Notably, the company's biggest revenue drivers over the last few quarters have been its non-air segments and increased hotel bookings

Zepto elevates loyalty programme head Meel as chief business officer

A former IIM-Bangalore graduate, Meel has previously led special initiatives at Zomato and Jio as well

Total value of India's top 100 realty companies soars 70% in 1 year: Report

The total valuation of these companies in India currently stands at Rs 14.2 trillion: 2024 GROHE-Hurun India Real Estate 100 list