Central Bank of India has posted impressive financial results for the second quarter of FY 24-25, with a remarkable 50.91% jump in net profit, reaching ₹913 crore compared to ₹605 crore in Q2 FY 23-24. This outstanding performance is being hailed as one of the strongest quarters for the bank in recent years, driven by […]
India’s largest stainless steel producer, Jindal Stainless Limited, reported its financial results for Q2 FY25, showcasing resilience amidst global market turmoil. Despite the complexities of the geopolitical environment and a slowdown in export demand, the company posted a 1.68% increase in standalone net revenue, reaching ₹9,746 crore. However, weak demand from export markets weighed on […]
Axis Bank has reported a strong financial performance for the quarter ending 30th September 2024, with profits and digital expansion leading the charge. The bank’s net profit surged by 18% year-on-year (YoY) to reach ₹6,918 crores, while its operating profit grew by 24% YoY to ₹10,712 crores. This significant growth reflects a balanced approach between […]
Hi-Tech Pipes Limited, one of India’s leading manufacturers of steel tubes and pipes, announced the commencement of its 5 MW captive green power utilization project. The initiative, launched on 17th October 2024, is a significant step towards enhancing the company’s sustainability goals. The project sources green power from both a 3 MW Group Captive open […]
CRISIL Limited, an S&P Global company, reported a 10.3% increase in income from operations for the third quarter of 2024. The financial results, announced on October 16, 2024, revealed that the company’s consolidated total income reached ₹833.2 crore, up from ₹771.8 crore in the same quarter of the previous year. Additionally, profit before tax (PBT) […]
Sterling and Wilson Renewable Energy Limited (SWREL), a prominent player in the renewable energy space, has set a new record with an unexecuted order value exceeding ₹10,500 crore, according to its unaudited financial results for the quarter ending September 30, 2024. This milestone solidifies the company’s position as one of the leading renewable EPC firms […]
Sula Vineyards, a major wine producer in India, has reported its highest ever revenue from own brands and wine tourism in Q2 FY25, signalling a significant success in its premium wine portfolio. The company announced on October 11 that its elite and premium wine brands have driven substantial growth, marking a 0.3% increase year-on-year to […]
Ceinsys Tech Limited, an eminent leader in the geospatial and engineering consultancy sector, has announced a significant milestone with its order book surpassing the Rs. 1000 crore mark. This achievement, formalized in the company’s press release on October 9, 2024, is a crucial enhancement to Ceinsys Tech’s standing within the industry, signaling growing client trust […]
In a major development for India’s green future, Balrampur Chini Mills Limited (BCML), one of the country’s largest integrated sugar producers, has wholeheartedly embraced the recently approved bioplastic policy by the Uttar Pradesh government. This revolutionary policy, aimed at combating plastic pollution and driving the nation towards its Net Zero targets by 2070, has been […]
TARC Limited, a leading name in luxury real estate, has reported a staggering 900% year-on-year growth in its Q2 FY2025 presales, amounting to an extraordinary ₹1,012 crore. This unprecedented growth highlights TARC’s rising dominance in India’s luxury real estate market and reflects its continued ability to deliver high-end living spaces. The company revealed this massive […]