Accenture reports 8% YoY growth in Q3 revenue, lifts FY25 forecast, as EPS climbs 15%, operating margin strengthens, and generative AI bookings reach $1.5 billion
Insolation Energy on Monday reported a 60.89 per cent rise in its net profit to Rs 65 crore in the October-March period of FY25, against the same period a year ago. The company had posted a Rs 40.4 crore net profit in the six-month period of preceding 2023-24 financial year, the company said in an exchange filing. Revenue from operations increased by 57.3 per cent to Rs 721.7 crore from Rs 458.8 crore during the period under review. Insolation Energy is a solar panel manufacturer in India, headquartered in Jaipur, Rajasthan. The company currently operates two manufacturing units, with a third facility set to become operational within the next two months.
BEL share price rose after the company announced that it has bagged an additional order of ₹572 crore.
Telecom service providers reported a 14.07 per cent increase in their gross revenue to Rs 96,390 crore in the December quarter on a year-on-year basis, according to data published by telecom regulator Trai on Thursday. The telecom service providers (TSPs) had registered a gross revenue of Rs 84,500 crore in the year-ago period. According to Indian Telecom Services Performance Indicators for October-December, telecom service providers adjusted gross revenue (AGR), revenue from telecom services on which government calculates its levies, grew 14.89 per cent to Rs 77,934 crore during the period on a year-on-year basis from Rs 67,835 crore. While Reliance Jio led the chart with highest AGR of Rs 28,542.76 crore. Bharti Airtel's AGR growth rate at 27.31 per cent on a year-on-year basis was almost double of its rival Jio that recorded 14.8 per cent a year-on-year growth rate. Bharti Airtel posted AGR of Rs 26,073.7 crore during the quarter under review. Vodafone Idea AGR grew 6.69 per ce
After a period of being net buyers in the first half of the fiscal year, FIIs reversed their stance in the second half, unloading over ₹1.5 lakh crore worth of Indian equities
The uptick in RIL's share price followed an upgrade from domestic brokerage firm Kotak Institutional Equities, which raised its rating to 'Buy' from 'Add'
As per National Stock Exchange (NSE) bulk deal data, Goldman Sachs Funds - Goldman Sachs India Equity Portfolio sold 1,67,802 shares at Rs 1,865 per share and 89,314 shares at Rs 1,960 per share
As per National Stock Exchange (NSE) bulk deal data, Integrated Core Strategies (Asia) Pte sold 50,86,943 shares for Rs 986.74 per share through a bulk deal
SpiceJet has been posting losses for the past six financial years. The airline was last in the green in 2017-18, when it recorded a consolidated net profit of Rs 557.4 crore
Budget airline SpiceJet on Wednesday reported a profit after tax of Rs 26 crore for the three months ended December 2024, helped by overall improved performance. The carrier had posted a loss of Rs 300 crore in the year-ago period. "Total revenue surged by 35 per cent to Rs 1,651 crore, driven by strong passenger demand, improved yields and enhanced operational efficiency. Passenger Load Factor (PLF) stood at an impressive 87 per cent," the airline said in a release. Total revenue stood at Rs 1,077 crore in the 2024 September quarter. However, compared to Rs 2,149 crore reported in the three months ended December 2023, the total revenue is lower in the latest December quarter. The results for the third quarter of the current financial year was scheduled to be announced on Tuesday. However, the meeting of the company's board of directors, through video conferencing, started at 1.30 pm and ended only at 11.50 pm on Tuesday, according to a filing made to the BSE at 12.51 am on ...
Manufacturing companies' expenses on raw materials rose by 6.3 per cent (y-o-y) in line with their sales growth, whereas their staff costs increased by a higher 9.5 per cent
Moneyboxx Finance, which provides business loans to micro and small entrepreneurs, has reported a 56 per cent increase in its assets under management (AUM) to Rs 837 crore at the end of December 2024, aided by branch expansion and enhanced productivity. Its AUM stood at Rs 536 crore in December 2023. In a release, Moneyboxx said that in the third quarter of the current fiscal, it moved towards establishing a pan-India presence by launching operations in key southern states, including Telangana, Andhra Pradesh, Karnataka, and Tamil Nadu. In line with this expansion, the company said its strategic focus on secured lending yielded strong results, with secured loans accounting for 38 per cent of AUM in the third quarter of fiscal 2024-25, more than doubling from 17 per cent in the year-ago period. Moneyboxx Finance reported a 30 per cent growth in profits in the nine months of fiscal 2024-25 at Rs 6.53 crore, compared to Rs 5.02 crore in the year-ago period. Its profit in the third ...
While management remains optimistic about near-term demand and has completed channel inventory rationalization, regaining lost market share will be critical, according to analysts.
Growth driven by increasing volumes across modalities
Keeping the price-earnings (PE) multiple intact, our (Nifty) index target gets revised to 27,000 levels i.e. nearly 21x PE on FY27 EPS of Rs 1,300
Global brokerage Macquire double upgraded the stock to 'Outperform' for a target of Rs 6,530 per share, as per reports. The brokerage expects growth to pick up in plant and engineering
Stocks to Watch, Feb 21, 2025: Here is a list of stocks that could be buzzing in trade today
The company's revenue was 280.15 billion yuan ($38.58 billion) for the three months ended December 31, compared with 279.34 billion yuan expected by 17 analysts polled by LSEG
The company's management remains confident that the new hospital will become a strong engine of growth in Cayman over the next few years.
Suven Pharma is set to benefit from high-growth cutting-edge CDMO segments and its proven track record to drive traditional business.