Aditya Birla Sun Life Asset Management Company (ABSLAMC) has announced a robust 42% year-on-year increase in its profit before tax, reaching ₹3.4 billion for the second quarter of fiscal year 2025. This surge is attributed to impressive growth across multiple asset categories, particularly in equity mutual funds, which saw a significant rise in assets under […]
Unicommerce eSolutions Limited has posted a remarkable 21% increase in Profit After Tax (PAT) year-on-year for Q2FY25, reaching INR 44.7 million, while reporting a 13% revenue growth to INR 293.1 million. This performance, announced on October 28, 2024, also marks an impressive 33.5% jump in adjusted EBITDA, reflecting the company’s strategic focus on client expansion, […]
Indegene Limited, a digital-first life sciences commercialization company, has reported an impressive financial performance for the quarter ending September 30, 2024. According to their latest announcement, the company saw an 8.0% year-over-year growth in revenue, reaching INR 6,868 million for Q2 FY25. This growth is attributed to significant traction with both large and mid-size pharmaceutical […]
Meghmani Organics Limited (MOL) reported impressive financial results for Q2 FY25, showing a revenue surge and significant growth in EBITDA compared to the previous year. Revenue from operations reached ₹532.6 crore, marking a 42% year-over-year (YoY) increase and a substantial 30% rise from the previous quarter. The company’s EBITDA skyrocketed to ₹41.2 crore, reflecting a […]
Voltamp Transformers Limited reported impressive financial growth in the second quarter of the 2024-25 fiscal year, with net profit before tax rising 24% year-over-year, reaching ₹103.52 crore. The transformer manufacturing giant attributed this growth to solid operational performance and increased market momentum, particularly in the green energy sector, which continues to buoy demand for transformers […]
Rainbow Children’s Medicare Limited, one of India’s prominent pediatric and perinatal healthcare providers, has posted impressive financial and operational results for the second quarter of FY24-25. With a remarkable 25.5% growth in revenue, the company achieved ₹4,174.6 million compared to ₹3,326.8 million in Q2 FY24. This leap was supported by consistent patient footfall and occupancy […]
Mankind Pharma Limited has announced the completion of its acquisition of Bharat Serums and Vaccines Limited (BSV) for a massive INR 13,768 Crore. This strategic acquisition, finalized on October 23, 2024, is set to bolster Mankind’s presence in the women’s health and fertility market, positioning it as a leader in the sector. The acquisition, undertaken […]
HDFC Bank Limited announced its unaudited financial results for Q2 FY25, showcasing a 6% year-on-year increase in net profit to ₹16,820.97 crore. This result reflects the bank’s steady growth trajectory, despite a marginal rise in its gross non-performing assets (GNPAs), which now stand at 1.36%. The net NPA ratio, however, remains stable at 0.41%. Key […]
UCO Bank has announced its financial results for the second quarter of FY 2024-25, revealing a substantial increase in its profitability. The state-owned lender posted a net profit of ₹603 crore for the quarter ending 30 September 2024, marking a 50% year-on-year growth from ₹402 crore reported in the same period last year. The operating […]
Suraj Estate Developers Limited (SEDL), a prominent player in Mumbai’s real estate market, announced a successful capital raise of approximately Rs. 343 crores through a preferential issue. The fundraising consisted of Rs. 243 crores from equity shares and an additional Rs. 100 crores via convertible share warrants. This latest move underscores the company’s ambitions to […]