Author name: Lisl News Desk

News Desk

DEE Development Engineers Secures Rs 14 Crore in International Orders

DEE Development Engineers Secures Rs 14 Crore in International Orders

/ Indian Market

DEE Development Engineers announced on August 2 that it has secured two international orders totaling Rs 14 crore from Mitsubishi Heavy Industries, Japan, and GE Vernova International. These contracts involve the supply of pre-fabricated carbon and stainless-steel piping components, according to a regulatory filing by the company. The order from Mitsubishi Heavy Industries is valued […]

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Britannia Industries q1

Britannia Industries Sees Q1 Net Profit Surge by 14.5% to Rs 524 Crore

/ Results

On August 2, Britannia Industries reported a significant increase in its consolidated net profit for the June quarter, reaching Rs 524 crore. This marks a 14.5 percent rise from Rs 458 crore in the same quarter of the previous financial year. The company’s revenue from operations also saw a growth of 4 percent, coming in

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Sebi to Launch Performance Validation Agency for Verifying Investment Return Claims

Sebi to Launch Performance Validation Agency for Verifying Investment Return Claims

/ Indian Market

The Securities and Exchange Board of India (Sebi) is set to introduce a Performance Validation Agency (PVA) to verify claims of market outperformance made by various investment intermediaries, Chairperson Madhabi Puri Buch announced on August 2. Speaking at a FICCI capital market conference in Mumbai, she praised the National Stock Exchange (NSE) for its pioneering

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Netweb Technologies

Promoters Likely Sell Stake in Netweb Tech, Shares Worth ₹459 Crore Traded in Block Deal

/ Indian Market

Shares of Netweb Technologies worth ₹459 crore were sold in a block deal on August 2, with four promoters likely being the sellers in the transaction. Approximately 20.5 lakh shares, representing a 3.64% stake in the company, changed hands on the exchanges. The deal was executed at an average price of ₹2,232 per share, implying

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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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