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Cipla Q3 Results: Net Profit Jumps 49% to Rs 1,571 Crore, Beats Market Expectations

Cipla Q3 Results: Net Profit Jumps 49% to Rs 1,571 Crore, Beats Market Expectations

/ Indian Market /

Cipla, one of India’s leading pharmaceutical companies, reported a 49% rise in its consolidated net profit for Q3 FY25, reaching Rs 1,571 crore. This is a significant jump compared to Rs 1,056 crore in the same quarter last year and also surpasses market estimates of Rs 1,225 crore as polled by Moneycontrol. It reported the […]

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L&T Wins Rs 2,500 Crore Order for Uzbekistan's First AI-Enabled Data Centre

L&T Wins Rs 2,500 Crore Order for Uzbekistan’s First AI-Enabled Data Centre

/ Indian Market /

Larsen & Toubro (L&T) has bagged a significant order, valued up to Rs 2,500 crore, to build Uzbekistan’s first AI-enabled and sustainable 10-Megawatt data centre in Tashkent, the company announced on January 28. The project will be executed through the engineering, procurement, and construction (EPC) model. This data centre, in addition to state-of-the-art artificial intelligence

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Adani Total Gas Shares Fall as Q3 Net Profit Declines by 19% to Rs 142 Crore

Adani Total Gas Shares Fall as Q3 Net Profit Declines by 19% to Rs 142 Crore

/ Results /

Adani Total Gas reported a 19% drop in its consolidated net profit for the third quarter of FY25, standing at Rs 142.38 crore, compared to Rs 176.64 crore in the same period last year. On a sequential basis, the profit declined by 23.28% from Rs 185.60 crore in the September quarter. Shares of Adani Total

Adani Total Gas Shares Fall as Q3 Net Profit Declines by 19% to Rs 142 Crore Read More »

Canara Bank Q3 Results: Net Profit Rises 12% to Rs 4,104 Crore Despite Drop in NII

Canara Bank Q3 Results: Net Profit Rises 12% to Rs 4,104 Crore Despite Drop in NII

/ Results /

Canara Bank posted a 12.25% growth in standalone net profit at Rs 4,104.20 crore for the October-December quarter of FY25, compared to Rs 3,656.12 crore in the same period last year. The bank’s total income increased to Rs 36,113.77 crore, up from Rs 32,333.93 crore in Q3 FY24, as per its regulatory filing. While the

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HeidelbergCement India Shares Jump 10% Amid Reports of UltraTech Cement Acquisition Talks

HeidelbergCement India Shares Jump 10% Amid Reports of UltraTech Cement Acquisition Talks

/ Indian Market /

Shares of HeidelbergCement India surged as much as 10% on January 27, 2025, following reports that UltraTech Cement, part of the Aditya Birla Group, is in advanced discussions to acquire the German cement giant’s Indian-listed business. After touching the intraday high of Rs 242.50 per share, the stock was trading 5.5 percent up at Rs

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Adani Wilmar Q3 Results: Net Profit Jumps 104% to Rs 410 Crore, Revenue Grows 31%

Adani Wilmar Q3 Results: Net Profit Jumps 104% to Rs 410 Crore, Revenue Grows 31%

/ Indian Market /

Adani Wilmar Ltd reported an exceptional performance for the third quarter of FY25, with its net profit more than doubling to Rs 410 crore, a 104% increase compared to Rs 201 crore in the same period last year. The company’s revenue for the quarter surged 31% year-on-year to Rs 16,859 crore, compared to Rs 12,828

Adani Wilmar Q3 Results: Net Profit Jumps 104% to Rs 410 Crore, Revenue Grows 31% Read More »

Finance Ministry Invites Applications for SEBI Chairperson Role as Madhabi Puri Buch's Tenure Nears End

Finance Ministry Invites Applications for SEBI Chairperson Role as Madhabi Puri Buch’s Tenure Nears End

/ Indian Market /

The Ministry of Finance has invited applications for the post of Chairperson of the Securities and Exchange Board of India (SEBI). The current SEBI Chairperson, Madhabi Puri Buch, will complete her tenure on February 28, 2025. Eligible candidates must submit their applications by February 17, according to a notice from the Department of Economic Affairs.

Finance Ministry Invites Applications for SEBI Chairperson Role as Madhabi Puri Buch’s Tenure Nears End Read More »

Yes Bank Q3 Results: Net Profit Soars 168% to Rs 612.3 Crore

Yes Bank Q3 Results: Net Profit Soars 168% to Rs 612.3 Crore

/ Results /

Yes Bank reported a strong performance in Q3FY25, with its net profit surging 168 percent year-on-year to Rs 612.3 crore, compared to Rs 231.6 crore in the same period last year. The rise in profitability reflects the bank’s efforts in improving asset quality and operational performance. Key Financial HighlightsThe bank’s net interest income was up

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Macrotech Developers Q3 Profit Soars 66% YoY, Revenue Rises 39%

Macrotech Developers Q3 Profit Soars 66% YoY, Revenue Rises 39%

/ Results /

Macrotech Developers, India’s second-largest real estate company, posted a 66 percent jump in consolidated net profit for the October-December quarter, reaching Rs 944.4 crore. The company also reported a 39 percent year-on-year increase in consolidated revenue, which stood at Rs 4,083 crore. The company, known for its projects under the “Lodha” brand, achieved its best-ever

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ICICI Bank Reports 15% Rise in Q3 Net Profit to Rs 11,792 Crore

ICICI Bank Reports 15% Rise in Q3 Net Profit to Rs 11,792 Crore

/ Indian Market /

ICICI Bank, India’s second-largest private sector bank, posted a net profit of Rs 11,792 crore in Q3 FY25, marking a 15 percent growth from Rs 10,272 crore in the same quarter last year. Key Financial HighlightsOn a year-on-year basis, the net interest income for the lender rose 9.1 percent to Rs 20,370.6 crore as against

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