The Oil and Natural Gas Corporation (ONGC) delivered a powerful performance in the second quarter of the fiscal year 2024-25, posting a 17.1% rise in net profit, amounting to ₹11,984 crore, up from ₹10,238 crore in the same quarter last year. The board, which convened on 11 November, approved a dividend of ₹6.00 per share, […]
In a transformative step towards green infrastructure in India’s aviation sector, Tata Power has entered a strategic partnership with Noida International Airport (NIA) to supply renewable energy. This collaboration, marked by two pivotal Power Purchase Agreements (PPAs) signed in New Delhi, aims to meet NIA’s clean energy needs, underscoring both entities’ commitment to sustainable development. […]
Ceigall India Limited, one of the fastest-growing engineering, procurement, and construction (EPC) companies in India, has reported its unaudited financial results for the second quarter and half year ending 30 September 2024. Ceigall, known for its infrastructure expertise in elevated roads, flyovers, bridges, rail overpasses, tunnels, and highways, achieved a revenue of ₹7,721 million in […]
GAIL (India) Limited, a state-owned energy major and Maharatna company, has reported notable financial achievements in its second quarter (Q2) for the fiscal year 2024-25. The company disclosed a revenue from operations of Rs 32,931 crore, showcasing a robust position despite sectoral challenges. This figure, however, marks a slight dip from the Rs 33,692 crore […]
Tiger Logistics (India) Limited, a BSE-listed international logistics company, has reported stellar growth for the second quarter (Q2) and half-year (H1) of the financial year 2025 (FY25). The company achieved an impressive 2.7x year-on-year (YoY) growth in revenue, along with significant gains in profitability and operational efficiency, solidifying its leadership in the logistics sector. This […]
Maruti Suzuki India Limited marked a significant milestone in its corporate history, reporting its highest-ever monthly sales in October 2024. The company announced an impressive total of 206,434 units sold, including domestic sales, OEM sales, and exports. October 2024: A month of growth for Maruti Suzuki Maruti Suzuki, a dominant player in the Indian automotive […]
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 […]
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 […]
Punjab & Sind Bank (PSB) has reported a substantial rise in its financial performance for the quarter ending September 30, 2024. According to the bank’s reviewed unaudited financial results, the operating profit for the second quarter of FY 2025 has surged by an impressive 76.15% year-on-year (YoY), while the net profit increased by 26.98%. This […]
Dalmia Bharat Limited, a prominent cement manufacturer in India, reported a mixed financial performance for Q2 FY25. While sales volume grew by 8.4% year-over-year (YoY), the company saw its profit after tax (PAT) plummet by 60.2% to Rs 49 crore due to a drop in cement prices and rising operational challenges. Key Quarter Highlights Dalmia […]