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News Desk

GST Collections Surge in July, Reaching Third-Highest Level Ever

GST Collections Surge in July, Reaching Third-Highest Level Ever

/ Indian Market /

India’s Goods and Services Tax (GST) collections saw a significant rebound in July, reaching ₹1.82 lakh crore. This marks the third-highest monthly level ever, with revenue growth recovering to 10.3% from a three-year low of 7.6% in June. Revenue from domestic transactions grew by 8.9%, slightly down from June’s 9.4%. However, taxes collected on imports […]

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zomato q1 result

Zomato Q1FY25 Results: Net Profit Soars to ₹253 Crore, Revenue Surges 74% to ₹4,206 Crore

/ Results /

Net profit has increased 126.5 times to ₹253 crore for the food aggregator in the April-June quarter, or Q1FY25, versus ₹2 crore in the comparable period of the previous year. This is the fifth consecutive quarter for the company to be in the black. “The revenue demonstrated a strong growth of 74% on a year-on-year

Zomato Q1FY25 Results: Net Profit Soars to ₹253 Crore, Revenue Surges 74% to ₹4,206 Crore Read More »

Adani Enterprises q1

Adani Enterprises Q1FY25 Net Profit Doubles to ₹1,455 Crore, Revenue Grows 12.5% to ₹25,472 Crore

/ Indian Market /

Adani Enterprises, a leading firm in the Adani Group, reported a remarkable 116% year-on-year increase in its net profit for the first quarter of the fiscal year 2024-25 (Q1FY25). The net profit for the quarter stood at ₹1,455 crore, up from ₹674 crore in the same period the previous year. The company’s revenue from operations

Adani Enterprises Q1FY25 Net Profit Doubles to ₹1,455 Crore, Revenue Grows 12.5% to ₹25,472 Crore Read More »

Adani port Q1

Adani Ports Q1 Results: Net Profit Surges 47% to ₹3,113 Crore, Revenue Reaches ₹6,956 Crore

/ Results /

Adani Ports and Special Economic Zones (APSEZ) reported a strong financial performance for the first quarter of the fiscal year 2024-25 (Q1FY25). The company’s consolidated net profit soared by 47% year-on-year to ₹3,113 crore, up from ₹2,115 crore in the same quarter of the previous year. This impressive growth was bolstered by a one-time gain

Adani Ports Q1 Results: Net Profit Surges 47% to ₹3,113 Crore, Revenue Reaches ₹6,956 Crore Read More »

Ramesh Damani has over 1% Stake in Protean eGov Technologies

Ramesh Damani has over 1% Stake in Protean eGov Technologies

/ Indian Market /

Ramesh Damani, a well-known investor in India, has acquired more than a 1% stake in Protean eGov Technologies Limited. This investment comes as Protean eGov Technologies, formerly known as NSDL e-Governance Infrastructure, experiences significant changes in its shareholder structure. Notably, HDFC Bank recently sold a substantial portion of its shares in the company, while other

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Nifty Surges Past 25,000 for the First Time in History

Nifty Surges Past 25,000 for the First Time in History

/ Indian Market /

Nifty 50 made history by breaching the 25,000-mark for the first time ever. This is a strong indicator of the fast buildup in momentum across domestic and global positive cues for Indian equity markets. The index opened above 25,000, continuing to reflect investor confidence in strong economic fundamentals that support market growth. The creation of

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Adani Power q1 result

Adani Power Q1 Results: Net Profit Drops 55% YoY to Rs 3,900 Crore; Revenue Grows

/ Results /

Adani Power, a leading power generation company, reported a 55% drop in net profit for the first quarter, coming in at Rs 3,900 crore compared to Rs 8,759 crore in the same quarter last year. Despite the fall in profit, the company’s revenue saw a significant increase of 36%, reaching Rs 14,717 crore from Rs

Adani Power Q1 Results: Net Profit Drops 55% YoY to Rs 3,900 Crore; Revenue Grows Read More »

Mahindra & Mahindra Q1 profit

Mahindra & Mahindra Reports Q1FY25 Net Profit of Rs 2,612 Crore, Revenue Reaches Rs 27,039 Crore

/ Results /

Mahindra & Mahindra (M&M) has announced its financial results for the first quarter of FY25, reporting a net profit of Rs 2,612 crore. This marks a slight decrease from the Rs 2,774 crore profit recorded in the same quarter last year. The Pune-based automaker’s revenue from operations increased to Rs 27,038.79 crore, up from Rs

Mahindra & Mahindra Reports Q1FY25 Net Profit of Rs 2,612 Crore, Revenue Reaches Rs 27,039 Crore Read More »

Tata motors into top auto companies

Tata Motors Breaks Into Global Top Ten Auto Companies with $51 Billion Market Cap

/ Indian Market /

Tata Motors Ltd has achieved a significant milestone by entering the top ten most valued automotive companies worldwide. This marks the first time an Indian company has reached this status, thanks to a strong surge in its stock value. The stock has seen a remarkable increase of over 50 percent this year and more than

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