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In a landmark development for the domestic defence sector, state-run shipbuilders Mazagon Dock Shipbuilders Ltd (MDL) and Hindustan Shipyard Ltd (HSL) are poised to sign a memorandum of understanding (MoU) to jointly build submarines—establishing the country’s first-ever dual-coast submarine production...
Vodafone Idea Q4 FY25 Earnings Preview: Vodafone Idea is set to report its financial results for the quarter as well as the year ended March 31 on Friday, May 30. Analysts expect the private sector telecom company to remain in losses amid a sequential fall in its average revenue per user (ARPU)—a key me...
Bajaj Auto Q4 FY25 Earnings: Pune-headquartered Bajaj Auto on Thursday reported a set of quarterly results that largely met analysts’ expectations. The motorcycle and commercial vehicle manufacturer announced a dividend of 2,100 per cent. Bajaj Auto Q4 FY25 Results Summary | Top-line and bottom-li...
Ola Electric Mobility Q4 Results: Investors in Ola Electric Mobility might be in for a jolt when markets open on May 30 as the fourth quarter earnings of the company released after market hours. Ola Electric Mobility Q4 Results Bhavish Aggarwal-led firm on Thursday reported a net loss of Rs 870 crore fo...
Sobha reported revenue of Rs 1,231 crore in this quarter from Rs 763 crore in March quarter of FY2024. The company’s net profit increased to Rs 41 crore in Q4FY25 which was Rs 7 crore in the same period previous year. Sobha shared its financial results for the fourth quarter of the financial year...
Hawkins Cookers on Wednesday announced the financial results for the quarter and financial year ended March 31, 2025. The Board has also approved a final dividend of Rs 130 per equity share with a face value of Rs 10 each for the financial year. Dividend payment date According to the company, the divide...
The Supreme Court on Wednesday upheld the delisting of ICICI Securities from the stock exchanges, rejecting a plea by an individual investor who challenged the share valuation process as being unfair. The investor, Manu Rishi Gupta, had questioned the delisting on the ground that a reverse book building...
Balrampur Chini shares are set to be in focus on Wednesday’s (May 28) session on Dalal Street. On Tuesday, the company signed an agreement with the Government of Uttar Pradesh to establish a 250 TPD polylactic acid (PLA) plant at its Kumbhi Chini Mills unit in Lakhimpur Kheri. According to the com...
LIC Q4 FY25 Results: Life Insurance Corporation (LIC), the country’s largest insurance provider, on Tuesday reported a standalone net profit of Rs 19,012.8 crore for the quarter ended March 31, marking a 38.1 per cent jump over the corresponding period a year ago that beat analysts’ estimates. Its...
BSNL Posts 2nd Consecutive Quarterly Profit FY25: Bharat Sanchar Nigam Ltd (BSNL) on Tuesday reported a rare, second straight quarter of profitability. Its net profit for the quarter ended March 31 came in at Rs 280 crore, marking a sequential increase of 6.9 per cent after posting a net profit of Rs 26...
Digital payments firm Worldline ePayments India Private Limited on Tuesday announced that it has received authorisation from the Reserve Bank of India (RBI) to operate as an Export-Import Payment Aggregator – Cross-Border. According to a statement from its parent firm Worldline India, this authori...
Info Edge (Naukri) Q4 FY25 Earnings Key Takeaways: Info Edge (India) on Tuesday reported a 7.7 times increase in its consolidated net profit crore for the quarter ended March 31 compared with the corresponding period a year ago. The year-on-year jump in net profit was better than analysts’ expectations....
LIC Q4 FY25 Results Preview: Life Insurance Corporation (LIC), the country’s largest insurer, is set to report its financial results for the quarter as well as the year ended March 31, 2025, on Tuesday, May 27. Analysts expect the life insurance PSU to stage a largely positive quarterly performance with...
The Supreme Court on Monday ordered status quo on the liquidation proceedings against Bhushan Steel and Power Ltd (BSPL). The top court was hearing a petition filed by BSPL parent JSW Steel, which sought a stay on the liquidation proceedings against the company it acquired in 2021 through insolvency pro...
The Supreme Court was hearing a petition filed by JSW Steel seeking a stay on the liquidation proceedings against BPSL. The Supreme Court was hearing a petition filed by BPSL parent JSW Steel, seeking a stay on the liquidation proceedings against the company it acquired in 2021 through insolvency proce...
A joint venture of Oil and Natural Gas Corporation Limited (ONGC), Hardy Exploration and Production (India) Inc., and Invenire Petrodyne has successfully commenced production from the PY-3 Field, located offshore in the Cauvery Basin on the east coast of India, ONGC said in a statement Sunday. Originall...
The northeastern region of India is emerging as the most promising frontier for the tourism and hospitality sector because of its unmatched natural beauty, diversity, local cuisines, and culture. To cater to the increasing number of tourists coming into the eight states of northeast India, especially ov...
Government-owned insurer Life Insurance Corporation of India (LIC) has earned a Guinness World Records title for selling the most life insurance policies in 24 hours. This historic achievement, verified by Guinness World Records, recognises the extraordinary performance of the corporation’s dedica...
The Life Insurance Corporation of India (LIC) has achieved a remarkable milestone, earning a prestigious title from Guinness World Records for the “Most Life Insurance Policies Sold in 24 Hours.” According to an official confirmation from Guinness World Records, LIC secured this global recognition on Ja...
New Delhi: The towering personality of Nita Ambani-Chairperson of the Reliance Foundation and wife of Indian business tycoon Mukesh Ambani made a roaring presence globally with her pet project-‘Nita Mukesh Ambani Cultural Centre (NMACC) opening in 2023. It was called the ‘India’s Met Gala...
The Enforcement Directorate (ED) has uncovered several benami properties and shell companies linked to former UCO Bank Chairman and Managing Director SK Goel. A source close to the development told Zee Business, “SK Goel and his family created several shell companies to receive kickbacks from Concast St...
ITC Q4 FY25 Results: ITC reported a consolidated net profit of Rs 19,561.57 crore for the March quarter (Q4 FY25), reflecting a 247 per cent year-on-year (YoY) surge from Rs 5,638 crore in the same period last year. The one-time exceptional income of Rs 15,163.06 crore from the demerger and sale of its...
Sun Pharma Q4 FY25 Earnings: Sun Pharma, a Mumbai-headquartered pharmaceutical giant, on Thursday reported a consolidated net profit of Rs 2,154 crore for the quarter ended March 31, missing analysts’ estimates. The quarterly net profit fell 19 per cent compared with the corresponding period a yea...
ITC- cigarette to hotels company is slated to report its March quarter results later today. As per analysts, the company’s Q4 earnings are not comparable year-on-year as the March quarter of the previous year also included the Hotels business. Notably, hotels demerger came into effect from January...
Honda Motorcycle & Scooter India Pvt. Ltd (HMSI) on Thursday announced plans to expand production capacity at its fourth plant at Vithalapur, Ahmedabad district, Gujarat. This step is likely to raise the annual production by 650,000 units, which will bring the total capacity of the fourth plant to 2...
Government-owned Maharatna’ public sector company Power Grid Corporation of India Ltd (POWERGRID) on Wednesday said that the company’s estimated capex outlay will reach Rs 3,06,600 crore by 2032. The capex outlay refers to the total amount of funds a company spends on projects or investments...
RVNL Q4 FY25 Results: Rail Vikas Nigam Ltd (RVNL), a Navratna public sector enterprise, on Wednesday reported a consolidated net profit of Rs 459 crore for the quarter ended March 31, a 4.2 per cent increase compared with the corresponding period a year ago. Its quarterly revenue contracted to Rs 6,427...
IndiGo Q4 FY25 Results: InterGlobe Aviation, which owns and operates the IndiGo airline, on Wednesday reported a net profit of Rs 3,073 crore for the quarter ended March 31, marking an increase of 25.8 per cent compared with the previous quarter. The quarterly net profit far exceeded analysts’ exp...
United Spirits Limited, leading liquor manufacturers, posted a earnings for the fourth quarter of FY25, with net profit surging by 75 per cent year-on-year along with announcing a 400 per cent final dividend for shareholders. United Spirits Q4 Results As per the exchange filing, United Spirits’ net prof...
Gland Pharma Dividend Declared: Gland Pharma Ltd on Tuesday announced a final dividend of Rs 18 per equity share, a 1800% per cent payout given the face value of Rs 1 per equity share. The pharmaceutical firm has also approved the audited financial results for the quarter and year ended on March 31, 202...
ONGC Q4 FY25 Results Preview: New Delhi-headquartered energy PSU ONGC is set to announce its financial results on Wednesday, May 21. Analysts expect the Maharatna CPSE to log a weak financial performance for the final three months of FY25 owing to muted sequential growth in crude realisations and volume...
Zydus Lifescience Q4 Result: Final dividend of Rs 11 per share announced, highest payout in over a decade The pharmaceutical major posted a consolidated net profit of Rs 1,170.9 crore in Q4 FY25, slightly lower than the Rs 1,182.3 crore reported in the same period last year. Despite the steady earnings,...
The Reserve Bank of India (RBI) said on Monday that it has decided to grant in-principle approval to the UAE’s Emirates NBD Bank PJSC for setting up a wholly-owned subsidiary in India. Emirates NBD Bank PJSC is Dubai’s government-owned lender. The Indian central bank’s nod is under it...
Petronet LNG Q4 FY25 Results: Petronet LNG, which has IOCL, BPCL, GAIL and ONGC as its promoters, has registered a strong set of results for the quarter ended March 31, with a more than 23 per cent quarter-on-quarter increase in its net profit. Read on to learn about the energy giant’s latest earn...
Navratna PSU Bharat Electronics Ltd (BEL) Q4 FY25 Results Preview: Bengaluru-headquartered Bharat Electronics Ltd (BEL), a Navratna public sector undertaking (PSU), is set to report its financial results on Monday, May 19. Analysts expect BEL, a manufacturer and supplier of electronic equipment and syst...
Bharat Electronics Limited (BEL), a Navratna PSU under the Ministry of Defence, has announced that it will release its financial results for the fourth quarter of FY25 on May 19, 2025. The upcoming results are keenly awaited as BEL has demonstrated financial performance in the previous quarters. BEL Q3...
Zydus Wellness Dividend Declared: Consumer goods company Zydus Wellness on Monday announced a dividend of Rs 6 per equity share, a 60 per cent payout given the face value of Rs 10 per equity share. The subsidiary of pharmaceutical company Zydus Lifesciences also approved the audited financial results fo...
Data Patterns Dividend: BSE 500 index stock Data Patterns has posted earnings for the March quarter (Q4FY25), with a rise in both profit and revenue. The company has also announced a final dividend of 395 per cent for its shareholders. Final dividend announced The Board of Directors has approved a final...
ZEE Entertainment Enterprises Ltd. (‘Z’), has announced its transformation into a Content and Technology Powerhouse, with an aim to offer premium quality content and an immersive consumer experience across entertainment platforms. In line with its futuristic approach, the Company is taking bold steps fo...
FMCG major Emami Limited on Friday reported a 41.9 per cent decline in its net profit to Rs 162.17 crore on a sequential basis for the January-March quarter (Q4) of FY25, compared to Rs 278.98 crore in previous quarter (Q3). The company’s revenue dropped 8.3 per cent during the same period —...
Hyundai Motor India Q4 Result: Hyundai Motor India, the Indian arm of the South Korean automobile giant, has reported its financial results for the fourth quarter of FY25. The company witnessed a marginal decline in profits even as its revenue inched higher. According to data available on the BSE, the c...
BHEL Q4 Results and Dividend Announcement: Bharat Heavy Electricals Ltd (BHEL), a Maharatna public sector giant, reported a modest 3 per cent year-on-year increase in standalone net profit for the March 2025 quarter, while also announcing a 25 per cent final dividend. The profit for the quarter stood at...
SBI Q1 FY25 Results Preview: State Bank of India (SBI) – the country’s largest lender by assets – is all set to report its financial results for the April-June period. Analysts expect the PSU bank to stage a mixed financial performance for the three-month period with growth in interest...
Pune-based IT services and consulting company is slated to announce its Q2 show tomorrow (October 19, 2024). Zee Business Research estimates the computer programming and consulting firm to post 16.2 per cent growth sequentially in consolidated PAT to Rs 990 crore as against Rs 852 crore recorded in the...
Telecom subscriber base in the country grew marginally to 119.9 crore in March due to new additions by Reliance Jio and Bharti Airtel, according to a Trai report released on Friday. The broadband subscriber base rose to 92.4 crore, as per the monthly subscriber report published by the Telecom Regulatory...
In adherence to a directive from the Bureau of Civil Aviation Security (BCAS), Delhi International Airport Limited (DIAL) has ended its association with Çelebi Airport Services and Çelebi Delhi Cargo Terminal Management at Indira Gandhi International Airport (IGIA). The security clearance for Çelebi ent...
ITC Hotels reported a strong Q4 performance for the quarter ended March 2025, marking its second earnings release since the demerger from ITC Ltd. The hospitality firm posted a standalone net profit of Rs 264 crore, up 16 per cent year-on-year from Rs 227.87 crore in Q4FY24. On a sequential basis, net p...
Cochin Shipyard Q4 Results: Consol PAT climbs 11 per cent YoY to Rs 287.18 crore Cochin Shipyard Q4 Results: Cochin Shipyard on Thursday reported a 27 per cent year-on-year (YoY) rise in its consolidated net profit at Rs 287.18 crore in the fourth quarter, compared with Rs 258.88 crore in the same quart...
Westlife Foodworld Limited, the operator of McDonald’s restaurants in West and South India, on Wednesday reported a sharp fall in its net profit as well as revenue for the fourth quarter (Q4) of FY25 on quarter-on-quarter (QoQ) basis. The company’s net profit declined by over 78 per cent to...
