Oracle Financial Services Software Limited (OFSS), a majority-owned subsidiary of Oracle, has announced its Q2 FY 2025 financial results, revealing a robust growth trajectory. For the quarter ending September 30, 2024, the company reported consolidated revenue of INR 1,674 crore, marking a 16% year-over-year increase. Net income surged to INR 578 crore, reflecting a 38% […]
Pidilite Industries Limited, India’s leading manufacturer of adhesives, sealants, and construction chemicals, has announced its financial results for the quarter and half-year ending September 30, 2024. The company’s Q2 revenue surged by 7%, underpinned by an 8% increase in Underlying Volume Growth (UVG). Despite the initial impact of monsoon rains on its Consumer and Bazaar […]
CARE Ratings Limited, one of India’s premier credit rating agencies, has reported robust financial results for the quarter and half-year ending 30th September 2024. The company, which operates under the ticker codes NSE: CARE and BSE: 534804, revealed a 22% year-on-year increase in consolidated revenue from operations for Q2 FY25, reaching Rs. 117.37 crore. This […]
State Bank of India (SBI), the country’s largest public sector lender, has successfully raised ₹5,000 crores through its first Basel III compliant Additional Tier 1 (AT1) bond issuance for the current financial year. This issuance was completed at a competitive coupon rate of 7.98%, marking a significant move by the bank in diversifying and strengthening […]
Piramal Pharma Limited (NSE: PPLPHARMA | BSE: 543635) has reported strong growth for the second quarter (Q2) and first half (H1) of the fiscal year 2024-2025. The company’s consolidated revenue for Q2 rose by 17% year-on-year (YoY) to ₹2,242 crore, supported by significant demand in its contract development and manufacturing organization (CDMO) business. Piramal also […]
Sagar Cements Ltd. has reported a 19% decline in revenue for the second quarter of FY25, amounting to ₹475 crore, down from ₹587 crore in the same period last year. The dip highlights the ongoing challenges faced by the cement industry, particularly due to adverse weather conditions and sluggish project completions impacting demand. Sales volume […]
Adani Green Energy Limited (AGEL), a key player in India’s renewable energy sector, has reported an impressive 39% jump in net profit for Q2 FY 2024-25, reaching ₹515 crore. This robust performance is fueled by a significant revenue increase and a strategic expansion of the company’s renewable energy projects. AGEL’s total income for the quarter […]
The much-anticipated Waaree Energies IPO is closing today, October 23, 2024, after three days of intense investor interest. The IPO, priced between ₹1,427 and ₹1,503 per share, has shown remarkable traction, with the grey market premium (GMP) standing at an impressive ₹1,375. This substantial GMP indicates a possible listing price of around ₹2,878 per share, […]
HFCL Limited has reported a net profit (PAT) of ₹75 crore for the second quarter (Q2) of FY 2024-25. Despite the global downturn in the optic fiber cable industry and monsoon-related disruptions in India, HFCL’s consolidated revenue for the period reached ₹1,094 crore, indicating a 5.58% decline from the previous quarter’s ₹1,158 crore. However, the […]
Balu Forge Industries Ltd (BFIL) has announced its financial results for the second quarter of FY25, showcasing a remarkable performance marked by significant growth in profit and revenue. In its board meeting held on October 21, 2024, BFIL revealed that its profit after tax (PAT) surged by an impressive 106.9% year-over-year, reaching ₹481.4 million. Revenue […]