Revenue from operations rose 8.5 per cent to ₹2,507 crore, but continuing operations posted a ₹152 crore loss after a ₹379 crore Cambay impairment and ₹62 crore of demerger costs
Sensex Today | Stock Market Highlights, Wednesday: In the broader markets, the Nifty MidCap and the Nifty SmallCap settled 0.82 per cent and 1.48 per cent higher, respectively
Jammu & Kashmir Bank on Wednesday reported an 11.5 per cent decline in net profit at Rs 428.80 crore in the first quarter of the current fiscal. The private sector lender had a consolidated net profit of Rs 484.53 crore in the April-June quarter of FY26. Total income of the bank rose to Rs 3,765 crore during June quarter of FY27, from Rs 3,521 crore in the corresponding period of last fiscal, J&K Bank said in a regulatory filing. During the quarter, the Bank's Net Interest Income (NII) increased 2 per cent to Rs 1,497 crore from Rs 1,465 crore recorded in the corresponding period last year, while Net Interest Margin (NIM) stood at 3.28 per cent. J&K Bank MD & CEO Amitava Chatterjee said, "Industry-wide phenomenon of elevated funding costs and sluggish low-cost deposit mobilisation pressured margins weighing on profitability during the quarter". Shares of J&K Bank were trading at Rs 153.80, down 13.23 per cent over previous close on BSE.
Dhanlaxmi Bank on Wednesday reported a doubling of net profit at Rs 24.91 crore for June quarter FY27. The Kerala-based bank had logged a profit of Rs 12.18 crore in April-June quarter of 2025-26 fiscal. Total income rose to Rs 484.25 crore from Rs 407 crore in the corresponding quarter of FY26. Interest income increased to Rs 449 crore from Rs 368 crore. Gross NPA as a percentage of gross advances improved to 1.82 per cent during Q1, from 3.22 per cent a year ago. Shares of Dhanlaxmi Bank were down 5.01 per cent to Rs 32.44 apiece on the BSE.
Brokerages see an 11 per cent topline growth in Q1 FY27. HDFC Securities said that the US generic business will be muted due to the absence of gRevlimid, while the India business may grow 13 per cent.
Kalyan Jewellers share price hit a 52-week high of ₹634.20 after a gap of over 11 months, surpassing its previous record of ₹615.65 touched on August 8, 2025.
Revenue increased 49.9 per cent to ₹32,923.98 crore as copper revenue rose to ₹10,710.48 crore from ₹536.57 crore; operating margin edged up to 15.25 per cent year-on-year
Devyani International Ltd, one of the leading QSR operators, on Wednesday reported a multifold jump in net profit at Rs 17.1 crore for June quarter FY27. It had reported a net profit of Rs 2.22 crore for April-June FY26, according to a regulatory filing. DIL is the largest franchisee for Yum Brands' QSR chains - KFC and Pizza Hut in India. In addition, DIL is the sole franchisee for Costa Coffee, Tea Live, New York Fries and Sanook Kitchen in India. It also owns the South Indian vegetarian food QSR chain Vaango. Revenue from operations was up 16.47 per cent to Rs 1,580.51 crore in the June quarter of FY27. Total expenses were up 15.31 per cent in the June quarter to Rs 1,576.85 crore. Total income, which includes other income, was at Rs 15,997 crore, up 16.72 per cent in the quarter. Earlier this year, Sapphire Foods India and DIL, the two leading franchise operators of KFC and Pizza Hut announced a merger, through a share swap, which will create one of the largest chains in Indi
Laurus Labs quoted higher for the fourth straight day, surging 15% in this period after delivering record quarterly revenue with expanded profitability and continued portfolio transformation.
ITC Q1 results preview: Analysts expect a double-digit decline in both revenue and profit as steep tax hikes on cigarettes could weigh on volumes and margins.
Steady volume growth and stable outlook drive their positive stance on HUL, with the recent correction suggesting that downside risks are limited. Brokerage targets signal an 18-24 per cent upside.
India's favourable demographics, rising disposable income, increasing urbanisation and growing preference for premium experiences present a compelling opportunity for the industry, says Radico Khaitan
Analysts note that despite near-term headwinds, L&T continues to witness a healthy ₹15 trillion prospect pipeline for the balance of FY27.
Q1FY27 company results: Firms including Ambuja Cements, Suzlon Energy, Birlasoft, Tata Capital, Cholamandalam Investment and Finance, and Pine Labs are also to release their April-June earnings today
Happiest Minds reaffirmed its 12.5% growth guidance, betting on AI demand, strong deal wins and regional expansion despite global economic and geopolitical uncertainty
Hindustan Unilever's net profit declined on a high tax-credit base, while net sales rose 10 per cent and underlying volume growth stood at 5 per cent in Q1FY27
Revenue and EBITDA also rose year-on-year in the June quarter, but both declined sequentially as the Mumbai-based real estate developer reported a softer quarter
Higher plant load factors, expanding regulated equity and an ambitious capacity addition plan leave NTPC well positioned to benefit from steady growth in power demand
Despite weaker operational performance and lower order inflows in Q1, BEL remains confident of meeting FY27 guidance on sales, margins and fresh orders
The Blackstone- and Sattva-backed Reit reported higher leasing, improved occupancy and rental growth, while remaining optimistic about acquisitions and office demand