SoftBank's Q1 profit beat estimates, driven by gains on Intel and ByteDance investments, as investors tracked its growing AI bets and OpenAI exposure
Life Insurance Corporation of India (LIC) on Thursday posted a 23 per cent increase in net profit to Rs 13,492 crore in the first quarter of the ongoing financial year. The country's biggest insurer had earned a profit of Rs 10,987 crore in the corresponding quarter a year earlier. The total income of the insurer during the reporting quarter improved to Rs 2,37,848 crore from Rs 2,22,864 crore in the same period of the preceding fiscal year, LIC said in a regulatory filing. LIC's income from first-year premium also improved to Rs 9,217 crore in the latest June quarter against Rs 7,525 crore in the same period of the preceding fiscal year. Income from renewal premiums in the reporting period increased to Rs 61,833 crore compared to Rs 59,885 crore a year ago. As regards single premium, the Corporation collected Rs 56,369 crore as compared to Rs 51,923 crore in the first quarter of the previous financial year. Thus, net premium income rose to Rs 1,27,250 crore in the quarter under
Biocon expects momentum to strengthen in H2FY27, driven by new US biosimilar and generic launches, improved operating leverage and a favourable product mix
Higher crude realisations lifted ONGC's Q1 earnings above estimates, but sustained oil and gas production growth remains the key catalyst for any meaningful stock rerating
Strong ARPU growth, subscriber additions and a robust Africa business support Airtel's outlook, while brokerages expect premiumisation and tariff hikes to drive earnings
Crompton Greaves Consumer Electricals Ltd on Thursday reported a 15.17 per cent increase in its consolidated net profit to Rs 142.7 crore in the June quarter of FY2026-27, helped by price hikes across categories and cost efficiencies. The company had posted a net profit of Rs 123.9 crore in the April-June quarter a year ago, according to a regulatory filing from Crompton Greaves Consumer Electricals Ltd (CGCEL). Its revenue from operations was at Rs 2,235.02 crore, up 11.84 per cent in the June quarter of FY'27. It was at Rs 1,998.38 crore in the corresponding quarter a year ago. Its "EBITDA margin expanded by 20 bps to 10 per cent, impacted by inflation, however offset by disciplined pricing actions, operating leverage and cost initiatives," said CGCEL in its earnings statement. CGCEL's total expenses were at Rs 2,065.50 crore, up 11.29 per cent in the first quarter of FY'27. The company "registered double-digit revenue growth across all the segments". Its "double-digit growth ..
Apollo Tyres on Thursday reported a multi-fold jump in consolidated net profit at Rs 348.87 crore for the first quarter ended June 30, 2026 on the back of low base effect and strong sales across market segments. The company had posted a net profit of Rs 12.88 crore a year ago, which included the net impact after tax of restructuring and impairment of the Netherlands plant amounting to Rs 273 crore, Apollo Tyres said in a regulatory filing. Revenue from operations in the first quarter this fiscal stood at Rs 7,397.79 crore as against Rs 6,560.76 crore a year ago. Total expenses were higher at Rs 7,012.03 crore as compared to Rs 6,171.15 crore. Commenting on the company's performance in the first quarter, Chairman, Onkar Kanwar said: "We delivered healthy revenue growth during the quarter, supported by robust demand across market segments and sustained high-capacity utilisation across our manufacturing network." He further said,"While we remain mindful of the evolving macroeconomic .
Sensex Today | Stock Market Highlights, Thursday: In the broader markets, the Nifty MidCap fell 0.44 per cent, and the Nifty SmallCap rose 0.48 per cent
Tata Group's Trent has been on an expansion spree in recent quarters, ending June with 1,312 stores, including about 300 Westside and over 980 Zudio across 330 cities
Auto components maker Samvardhana Motherson International on Thursday reported a 31.2 per cent decline in consolidated net profit at Rs 1,075.66 crore in the first quarter ended June 30, 2026, impacted by higher material costs. The company had posted a consolidated net profit of Rs 1,561.56 crore in the corresponding period of the last fiscal, Samvardhana Motherson International Ltd (SMIL) said in a regulatory filing. Consolidated total revenue from operations in the first quarter stood at Rs 35,243.77 crore as against Rs 34,309.31 crore in the year-ago period, it added. Total expenses in the quarter under review were higher at Rs 33,964.73 crore as compared to Rs 32,355.72 crore in the same period a year ago, the company said. Cost of materials consumed in the first quarter was higher at Rs 19,378.83 crore as against Rs 18,007.35 crore in the corresponding quarter last fiscal, it added. Commenting on the performance, Motherson Chairman Vivek Chaand Sehgal said the company has beg
In the past month, Laurus Labs outperformed the market by surging 22 per cent, as compared to 2.1 per cent rise in the Nifty Midcap 50 index.
Post Novelis' earnings, Emkay Research has maintained its 'Add' rating on Hindalco Industries with a target price of ₹1,150.
Analysts believe Titan remains one of India's highest-quality consumer discretionary franchises, supported by category leadership, strong execution and multiple growth levers.
State-owned Power Grid Corporation of India has reported a slight on-year dip in consolidated net profit of Rs 3,598.42 crore in the June quarter. The consolidated net profit was at Rs 3,630.58 crore in the quarter ended on June 30, 2025, the company said in a regulatory filing. The company's total income, however, rose to Rs 11,696.72 crore in the quarter from Rs 11,444.42 crore in the same period a year ago. In another exchange filing on Wednesday, Power Grid Corporation of India said it has approved a Rs 856.94 crore project on August 5, 2026, to upgrade the Tirunelveli Udumalpet and PugalurMadurai 400kV double-circuit lines with high-temperature low-sag (HTLS) conductors. The project is set for completion within 24 months by February 11, 2028. In the April-June quarter, the company incurred a capital expenditure of Rs 7,765 crore and capitalized assets worth Rs 5,277 crore (excluding FERV and including assets capitalized as finance lease) on consolidated basis during Q1FY27.
In the past six months, the stock price of Neuland Labs outperformed the market by surging 68 per cent, as compared to 6 per cent decline in the BSE Sensex.
Navin Fluorine stock hit a new life-time high at ₹8,240 in Thursday's trade after the company reported 107 per cent surge in Q1 consolidated net profit.
Analysts said that comments on NIM recovery, the impact of ECL transition, and mobilisation of FCNR deposits for the quarter are the key monitorables that investors must track in SBI's Q1 results.
Q1FY27 company results: Firms including Britannia Industries, Apollo Tyres, Emcure Pharmaceuticals, Fortis Healthcare, and Lupin are also to release their April-June earnings today
Shares of MV Electrosystems and Juniper Green Energy are slated to list on Dalal Street today. Meanwhile, LIC and Trent are among top firms slated to post Q1 results.
Honda raised its full-year forecasts after quarterly profit more than doubled, aided by a weaker yen and lower US tariff-related costs