South Indian Bank has announced a remarkable 18.15% increase in its net profit for the second quarter of the financial year 2024-25, posting a net profit of ₹324.69 crore. This figure marks a significant rise from the ₹274.81 crore recorded during the same period last year, showcasing the bank’s successful strategic measures. The latest results, […]
Pondy Oxides and Chemicals Limited (POCL) has reported a 42% year-on-year increase in revenue to INR 1,024 crore for the half-year ended September 30, 2024. EBITDA rose by 75% to INR 53 crore, while Profit After Tax (PAT) surged 188% to INR 28 crore, highlighting the company’s robust financial performance. POCL, listed on the Bombay […]
HFCL Limited has launched two Unlicensed Band Radio (UBR) products at the India Mobile Congress 2024 in New Delhi, focusing on sustainable and high-speed wireless connectivity. These new products promise to tackle the growing demands of modern network environments while maintaining eco-efficiency—offering the best solution to telecom providers seeking affordable and scalable backhauling and rural […]
Angel One Limited, the largest listed retail stockbroking firm in India, delivered an outstanding performance in Q2 FY25, shattering previous records across its key financial and operational metrics. The company announced a massive 44.6% increase in its profit after tax (PAT), reaching ₹4,234 million, up from ₹2,927 million in Q1 FY25. The strong results were […]
Reliance Industries Limited (RIL) announced its consolidated and standalone unaudited financial results for the quarter ending September 30, 2024, showing mixed performance across its diverse business segments. The company reported a consolidated revenue of ₹ 2.58 trillion ($30.8 billion), which remained stable year-on-year (YoY), with improved volumes in the Oil-to-Chemicals (O2C) business and increased revenue […]
In a remarkable financial performance for the second quarter of Fiscal Year 2025, Just Dial Limited reported significant growth across multiple key financial metrics. India’s leading local search engine company has shown resilience in its revenue streams, profitability, and operational statistics. The results, announced on October 11, 2024, highlight the company’s strategic focus on cost […]
Avenue Supermarts Limited, the company behind D-Mart, reported a strong performance for the quarter ending September 30, 2024. Total standalone revenue increased by 14.2%, reaching INR 14,050 crore, compared to INR 12,308 crore in the same quarter last year. Despite solid revenue growth, the profitability metrics showed some pressures, indicating challenges, particularly from rising online […]
Tata Elxsi has posted significant financial growth in the second quarter of FY25, with its profit before tax surging by 18.3% quarter-on-quarter to reach Rs. 298.7 crore. Revenue from operations for the company stood at Rs. 955.1 crore, marking a steady 3.1% rise from the previous quarter. Tata Elxsi, one of the world’s foremost technology […]
Intellect Design Arena Limited’s transaction banking division, Intellect Global Transaction Banking (iGTB), has introduced a pioneering platform known as eMACH.ai Cloud for Wholesale Banking. This platform aims to reshape the wholesale banking sector with an innovative suite of integrated services. The announcement, made on October 10, 2024, in Dubai, represents a critical advancement in financial […]
Hyderabad-based Blue Cloud Softech Solutions Limited has made a substantial advancement in the domain of artificial intelligence, unveiling four innovative AI-powered products in India. The official announcement took place during a prestigious event in Hyderabad on October 7, 2024, attended by Telangana IT Minister Sri Duddilla Sridhar Babu and Former Special Chief Secretary Ajay Mishra. […]