Revenue from operations increased 14.2 per cent. Total expenses rose 12.2 per cent, with the cost of materials consumed climbing 9.6 per cent
Homegrown social media firm turns cash positive, eyes ₹1,000 crore annualised revenue as it expands into micro drama and ad-supported content formats
Sterling and Wilson Renewable Energy on Friday reported a consolidated net loss of Rs 477.62 crore in the September quarter, due to an exception item of Rs 580.10 crore during the period under review. The company posted a consolidated net profit of Rs 8.57 crore in the quarter ended on September 30, 2024, a BSE filing showed. Last year, a wholly owned subsidiary (WOS) company of the group terminated a contract with a major subcontractor in a particular geography for delays and default of its obligations under the contract, the statement said. During the quarter, an arbitral tribunal passed an interim award in this matter whereby the claims made by WOS, totalling Rs 485.64 crore (USD 55.06 million), considered recoverable were dismissed, and the subcontractor has been granted a claim amount of Rs 56.80 crore (USD 6.44 million) plus interest. Accordingly, it stated that during the quarter, the group had charged off Rs 580.10 crore (including estimated legal cost) in the statement of
Sensex Today | Stock Market LIVE updates, Oct 17, 2025: In the broader markets, the Nifty MidCap 100 and SmallCap 100 settled lower by 0.57 per cent and 0.05 per cent, respectively
State-owned Central Bank of India on Friday reported a 33 per cent growth in net profit to Rs 1,213 crore for the second quarter ended September 30. The bank had a net profit of Rs 913 crore in the July-September quarter of FY25. Total business grew by 14.43 per cent to over Rs 7.38 lakh crore from over Rs 6.45 lakh crore. Total deposits were up by 13.40 per cent to over Rs 4.44 lakh crore against Rs 3.92 lakh crore. Gross NPA stood at 3.01 per cent as of Q2 FY26, compared to 4.59 per cent in the year-ago period, registering an improvement of 158 basis points. Shares of Central Bank of India were trading at Rs 37.01 apiece, down 2.53 per cent over the previous close on the BSE.
Vedanta group firm Hindustan Zinc Ltd on Friday reported a 13.8 per cent increase in consolidated net profit at Rs 2,649 crore for quarter ended September 30, 2025. The company had posted consolidated net profit of Rs 2,327 crore in the year-ago period. The consolidated income of the company in the July-September period increased to Rs 8,787 crore, over Rs 8,522 crore in the corresponding quarter of the previous financial year. Hindustan Zinc Ltd is a leading integrated zinc producer and is amongst the top five silver producers globally. The company supplies to more than 40 countries and holds a market share of about 77 per cent of the primary zinc market in India.
Analysts pointed to a combination of technological interventions, a diversified retail portfolio, and prudent risk management as key drivers of the quarter's performance.
Eternal stock is seen testing the 20-DMA support following the 9% fall in the last two trading sessions. Chart suggests the stock, which has gained 82% so far in FY26 can rally another 14% from here.
On the bourses, LTIMindtree share rose as much as 2.32 per cent to hit an intraday high of 5750.60 per share.
Wipro's share price fell after its net profit was up 1.15 per cent compared to the same quarter last year
Q2FY26 company results: JSW Steel, REC, Polycab India, L&T Technology Services, Tejas Networks, and Dixon Technologies are also to release their July-September quarter earnings reports today
Nomura has reiterated a 'Buy' call on Eternal with a target price of ₹370 per share, as it sees an advantage for the company over peers in the quick commerce business
"Given favourable industry tailwinds from goods and services tax (GST) rate reduction, we believe the management's topline focus is prudent," Emkay noted
During the quarter, Zee Entertainment's advertising revenue dropped 10.6 per cent to ₹806.3 crore, marking the sixth consecutive quarter of decline, against ₹901.7 crore a year ago.
Infosys lifts base sales outlook as IT spending rises
Nestle India's net profit drops 17.4% to Rs 743.2 crore in Q2FY26 due to last year's exceptional item, while sales grow 10.6% to Rs 5,643.6 crore on strong domestic demand
Depreciation rose to ₹149 crore from ₹134 crore a year earlier, driven by Navkar's consolidation and project capitalisation at South West Port, Goa
Zomato's parent Eternal reports a 63% YoY fall in Q2FY26 profit to Rs 65 crore, while revenue more than doubles to Rs 13,590 crore on robust Blinkit and food delivery growth
Wipro's Q2FY26 profit rose 1.15% to Rs 3,246 crore and revenue grew 1.7% to Rs 22,697 crore, supported by strong deal wins worth $2.9 billion and steady performance in BFSI
LTIMindtree's Q2FY26 profit rose 10.4% to Rs 1,381 crore and revenue grew 10.2% to Rs 10,394 crore, driven by BFSI and manufacturing segments and strong large deal wins