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News Desk

NSE's Q1FY25 Net Profit Surges 39% to Rs 2,567 Crore

NSE’s Q1FY25 Net Profit Surges 39% to Rs 2,567 Crore

The National Stock Exchange (NSE) reported a significant 39% increase in its consolidated net profit for the first quarter of FY25, reaching Rs 2,567 crore. This robust performance resulted in net margins of 52% for the quarter. NSE’s consolidated revenue from operations also saw a notable rise, climbing 51% year-on-year to Rs 4,510 crore. Do you […]

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Godrej Consumer Q1 Results: Net Profit Surges 41% to Rs 451 Crore; Declares Rs 5 Dividend

Godrej Consumer Q1 Results: Net Profit Surges 41% to Rs 451 Crore; Declares Rs 5 Dividend

Godrej Consumer Products Limited has announced massive growth in its consolidated net profit at 41% to Rs 450.69 crore for the first quarter of the fiscal year; it was at Rs 319 crore in the same quarter a year ago. Even as profit went up, revenue from operations dropped by 3.4% to Rs 3,331.58 crore

Godrej Consumer Q1 Results: Net Profit Surges 41% to Rs 451 Crore; Declares Rs 5 Dividend Read More »

Pidilite Industries Reports 21% Increase in Q1FY25 Net Profit to Rs 571 Crore; Revenue Rises 4%

Pidilite Industries Reports 21% Increase in Q1FY25 Net Profit to Rs 571 Crore; Revenue Rises 4%

Pidilite Industries posted good bottom-line results for the first quarter of FY 2025. Consolidated net profit jumped by 21 percent to Rs 571 crore from Rs 474 crore in the same period last year. Its net sales rose by 4 percent to Rs 3,384 crore from Rs 3,275 crore in the same period last year.

Pidilite Industries Reports 21% Increase in Q1FY25 Net Profit to Rs 571 Crore; Revenue Rises 4% Read More »

Symphony Announces Rs 71.4 Crore Buyback and Interim Dividend; Sets Record Date

Symphony Announces Rs 71.4 Crore Buyback and Interim Dividend; Sets Record Date

Symphony Ltd announced its buyback programme of up to Rs 71.40 crore and an interim dividend of Rs 1 per share for all eligible shareholders. The buyback price is fixed at ₹2,500 per share, about 71 per cent higher than Tuesday’s closing price. “The Board of Directors has considered and approved the following in their

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Bangladesh Crisis Sparks 20% Rally in Indian Textile Stocks

Bangladesh Crisis Sparks 20% Rally in Indian Textile Stocks

The deepest area of the political crisis in Bangladesh is blowing its shockwaves toward the global textile industry. Violent protests and the stepping down of the Prime Minister make many people fear for the future of Bangladesh’s garment sector. This uncertainty has sent Indian textile stocks surging. Stocks of Gokaldas Exports, Century Enka, and SP

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Vedanta Q1 Profit Jumps 36.5% to Rs 3,606 Crore on Strong Commodity Prices

Vedanta Q1 Profit Jumps 36.5% to Rs 3,606 Crore on Strong Commodity Prices

Billionaire Anil Agarwal’s Vedanta Ltd has reported a 36.5 percent increase in consolidated net profit for the quarter ending June 30, 2024. The company’s net profit surged to Rs 3,606 crore from Rs 2,640 crore in the same period last year, largely driven by elevated prices of zinc, lead, copper, and nickel. Revenue and EBITDA

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Global Market Sell-Off Driven by Japanese Yen Fluctuations

Global Market Sell-Off Driven by Japanese Yen Fluctuations

Recent global market sell-off can be attributed mainly to the sharp fluctuations in the Japanese Yen. The yen was at 165 Yen per USD two weeks ago. For over more than 30 years now, Japan has maintained zero interest rates on even loans, thereby encouraging many financial institutions around the world to borrow heavily from

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Indians Can Use JioFinance App for Payments at Some Tourist Attractions in Paris

Indians Can Use JioFinance App for Payments at Some Tourist Attractions in Paris

Jio Financial Services Ltd. has introduced the JioFinance app in Paris, allowing Indian travelers to make digital payments at selected tourist attractions in the city. This launch coincides with the Paris Olympics, making Paris a prime destination for global sports enthusiasts. Visitors from India to France can now buy tickets to the Eiffel Tower from

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