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News Desk

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

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%

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

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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KFin Technologies Reports 35% Jump in Q3 Profit at Rs 90 Crore

KFin Technologies Reports 35% Jump in Q3 Profit at Rs 90 Crore

KFin Technologies announced a robust 35 percent year-on-year growth in its profit after tax (PAT) for the third quarter of FY25, reaching Rs 90.18 crore. The company had recorded a PAT of Rs 66.83 crore during the same period last year. Operationally, the company’s revenue increased 32.6 percent YoY to Rs 290 crore in the

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Mankind Pharma Shares Fall 6% After Q3 Net Profit Declines 16%

Mankind Pharma Shares Fall 6% After Q3 Net Profit Declines 16%

Shares of Mankind Pharma dropped nearly 6 percent on January 24 following a sharp decline in its October-December net profit. The company reported a 16 percent year-on-year fall in profit to Rs 385 crore for Q3 FY25, impacted by increased expenses and the acquisition of Bharat Serums and Vaccines (BSV). At 9:51 AM, the company’s

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Karamtara Engineering Files Draft Papers to Raise Rs 1,750 Crore via IPO, Targets Valuation of Over Rs 10,000 Crore

Karamtara Engineering Files Draft Papers to Raise Rs 1,750 Crore via IPO, Targets Valuation of Over Rs 10,000 Crore

Karamtara Engineering, a leading manufacturer of solar mounting structures and tracker components, has filed its draft papers with SEBI to launch an Initial Public Offering (IPO) worth Rs 1,750 crore. The company aims to use the IPO proceeds to significantly reduce its debt burden. The IPO will include a fresh equity issuance of Rs 1,350

Karamtara Engineering Files Draft Papers to Raise Rs 1,750 Crore via IPO, Targets Valuation of Over Rs 10,000 Crore Read More »

EPack Prefab Technologies Files IPO Papers to Raise Rs 300 Crore via Fresh Issue

EPack Prefab Technologies Files IPO Papers to Raise Rs 300 Crore via Fresh Issue

EPack Prefab Technologies, one of the main players in the Prefab Building Solutions segment, on Monday filed a draft red-herring prospectus with capital market regulator SEBI for an Initial Public Offering. This is for a proposed fresh issue of shares for Rs 300 crore and OFS of one crore shares by the promoters according to

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UltraTech Cement Q3 Results: Net Profit Drops 17% YoY to Rs 1,470 Crore, Shares Rise 6%

UltraTech Cement Q3 Results: Net Profit Drops 17% YoY to Rs 1,470 Crore, Shares Rise 6%

UltraTech Cement, the country’s largest cement producer, reported a 17 percent YoY decline in consolidated net profit to Rs 1,470 crore for the third quarter of FY25. However, the result came in better than the market had expected as a Moneycontrol poll had estimated a sharper drop of 26 percent YoY to Rs 1,304 crore.

UltraTech Cement Q3 Results: Net Profit Drops 17% YoY to Rs 1,470 Crore, Shares Rise 6% Read More »

Adani Energy Solutions Q3 Results: Net Profit Rises 73% YoY to Rs 562 Crore, Revenue Up 28%

Adani Energy Solutions Q3 Results: Net Profit Rises 73% YoY to Rs 562 Crore, Revenue Up 28%

Adani Energy Solutions reported a robust 73% year-on-year (YoY) jump in consolidated net profit to Rs 561.8 crore for the third quarter ended December 31, 2024. In the same quarter last year, the company had recorded a net profit of Rs 324.90 crore. The consolidated income of the company jumped to Rs 6,000.39 crore in

Adani Energy Solutions Q3 Results: Net Profit Rises 73% YoY to Rs 562 Crore, Revenue Up 28% Read More »

L&T Shares Decline as Submarine Bid Disqualified; Mazagon Dock Rises 5% Amid P75(I) Developments

L&T Shares Decline as Submarine Bid Disqualified; Mazagon Dock Rises 5% Amid P75(I) Developments

Shares of Larsen & Toubro (L&T) fell by 1% on January 25 after reports suggested its bid for India’s Rs 70,000 crore P75(I) submarine project was disqualified. Meanwhile, shares of Mazagon Dock Shipbuilders (MDL) surged over 5% to Rs 2,411, as it emerged as the sole qualifying contender for the project. The P75(I) project, covered

L&T Shares Decline as Submarine Bid Disqualified; Mazagon Dock Rises 5% Amid P75(I) Developments Read More »

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