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Bank of Baroda Q1 FY26 Earnings, BANKBARODA Shares: PSU lender Bank of Baroda on Friday reported a mixed set of earnings for the April-June period, with better-than-expected top-line and bottom-line but worsening asset quality. Its net profit grew 1.9 per cent on a year-on-year basis to Rs 4,541 crore w...
Cipla Q1 FY26 Results: Mumbai-headquartered pharmaceutical firm Cipla on Friday reported a 10.2 per cent year-on-year rise in consolidated net profit to Rs 1,298 crore for the quarter ended June 30, beating analysts’ expectations. Cipla shares spiked immediately after the earnings announcement as...
Navratna PSU Bharat Electronics Limited (BEL) has received a Rs 1,640 crore order for Air Defence Fire Control Radar (Atulya) from the Indian Army, according to a stock market disclosure. “Navratna Defence Public Sector Undertaking, Bharat Electronics Limited (BEL), has signed a contract with the...
Intel Corp. is cutting thousands of jobs and restructuring global operations as part of a sweeping transformation under new CEO Lip-Bu Tan. The chipmaker, once a symbol of Silicon Valley innovation, now faces fierce competition from rivals like Nvidia Corp. and Advanced Micro Devices Inc, according to a...
Real estate major DLF Ltd, in partnership with Trident Realty, has sold out the entire first phase of its premium Mumbai residential project ‘The Westpark’ in Andheri West. The company garnered over Rs 2,300 crore from the sale of all 416 units in less than a week, according to a company statement. This...
Bajaj Finance reported its financial results today, July 24, for the first quarter of Financial Year 2025-26 ending on June 30, 2025. The NBFC’s net profit rises 21.8 per cent year-on-year (YoY) to Rs 4,765.29 crore as compared with last year’s Rs 3,911.98 crore. Bajaj Finance’s conso...
Tata Sons Chairman, N Chandrasekaran, has said that the company’s main goal is to scale up its manufacturing excellence in semiconductors, electric vehicles, digital platforms and financial services. In the company’s 2025 annual report, he said that Tata Electronics, which makes an annual re...
Shares of Canara Bank Ltd. jumped nearly 4 per cent to Rs 112.50 on July 24 after the state-owned lender reported strong Q1 results for the financial year 2025-26. The bank’s consolidated net profit surged 21.7 per cent year-on-year to Rs 4,752 crore, supported by improved asset quality and a sharp rise...
Packaged food giant Nestlé India Ltd reported a 13.4 per cent year-on-year fall in consolidated net profit for the June quarter (Q1FY26), impacted by elevated input costs and finance expenses. The company’s net profit came in at Rs 646.6 crore, down from Rs 746.6 crore in the year-ago period and b...
Reliance Power said on Thursday that the recent enforcement agency action, as reported by media, has “absolutely no impact” on its business operations, financial performance, shareholders, employees or any other stakeholders. The media reports “appear to pertain to allegations concerni...
Alphabet Q2 Earnings: Google’s accelerating push into artificial intelligence helped parent company Alphabet Inc. clock another quarter of robust growth, even as regulatory heat on its internet empire intensifies. The April to June quarter results, released Wednesday, signal how deftly Google is managin...
Tata group FMCG major Tata Consumer Products on Wednesday posted a 15 per cent year-on-year rise in consolidated net profit to Rs 334 crore for the first quarter of FY26, driven by strong growth in its India business. The company’s top-line grew about 10 per cent to Rs 4,778.91 crore, according to...
Infosys Q1 Result Key Takeaways: Largecap giant Infosys reported a decline in its consolidated profit after tax (PAT) for the April-June quarter, but it still managed to beat Street estimates. The IT firm’s consolidated revenue from operations saw a jump in the first quarter, while the company...
Dr. Reddy’s Laboratories’ net profit stood at Rs 1,409.6 crore in the first quarter of the current fiscal (Q1 FY26), down 11 per cent sequentially, the company said in an exchange filing on Wednesday.The company had reported a consolidated profit of Rs 1,587.3 crore in the preceding quarter...
The Directorate of Enforcement (ED), Bengaluru Zonal Office, has filed a case against Myntra Designs Private Limited and its associated entities and directors under Section 16(3) of the Foreign Exchange Management Act, 1999 (FEMA). The case accuses contravention of nearly Rs 1,654.35 crore, allegedly fo...
Infosys Q1 FY26 Earnings: Bengaluru-headquartered Infosys–the country’s second-largest IT firm–on Wednesday raised the lower end of its revenue growth guidance by 100 basis points. It now expects its FY26 revenue to expand in the range of 1-3 per cent in constant currency terms, instea...
IT giant Infosys reported a 9 per cent year-on-year (YoY) rise in consolidated net profit to Rs 6,921 crore for the quarter ended June 30, 2025 (Q1FY26), compared to Rs 6,368 crore in the same period last year. However, the figure marks a 1.59 per cent sequential decline from Rs 7,033 crore in Q4FY25. T...
Shares of Inox Wind Ltd remained largely steady on Wednesday, trading around Rs 165, shortly after the company announced it had won a 51 MW order from First Energy Pvt Ltd, a subsidiary of the Thermax Group. This is the first time First Energy has placed an order with Inox Wind, marking an important ste...
Indian users can now make international payments through PayPal using the Unified Payments Interface (UPI), thanks to PayPal’s launch of “PayPal World”, a platform connecting major payment systems and digital wallets. The global payments company PayPal has announced the launch of...
Paytm parent One97 Communications Ltd reported a consolidated net profit of Rs 123 crore for the June quarter (Q1 FY26), marking a turnaround from a net loss of Rs 839 crore in the same period last year. Contribution profit was at Rs 1,151 crore, an increase of 52 per cent year-on-year, and contribution...
Paytm (One 97 Communications Limited), India’s leading full-stack merchant payments platform, on Tuesday announced a Profit After Tax (PAT) of Rs 123 crore for the first quarter of FY26, marking a significant financial milestone for the company. The Noida-based fintech major attributed the growth to its...
Tata Communications on Tuesday, July 22, announced a strategic partnership with Amazon Web Services (AWS), a subsidiary of Amazon.com, Inc., to establish an advanced, AI-ready network infrastructure across India. Under this collaboration, Tata Communications will establish a high-capacity, resilient lon...
Colgate Palmolive Q1 Results: Colgate Palmolive India on Tuesday (July 22) declared its financial performance for the first quarter of FY26. In its Q1 earnings of the current fiscal, the FMCG firm posted a net profit of Rs 321 crore, an 11.8 per cent decline YoY compared to Rs 364 crore during the same...
Infosys, one of India’s top IT services companies, is set to announce its earnings for the first quarter of FY26 on Wednesday, July 23. According to Zee Business research team, investors and analysts are expecting a stable set of numbers, with revenue and profit likely to see modest growth compared to t...
SBI Card and PhonePe introduced a co-branded credit card to reward customers for regular spending. The PhonePe SBI Card is available in two variants, PhonePe SBI Card SELECT BLACK and PhonePe SBI Card PURPLE. Customers can earn up to 10 per cent reward points on everyday spends like Recharges, Bill Paym...
State Bank of India (SBI), the country’s largest public sector lender, has successfully raised Rs 25,000 crore through a Qualified Institutional Placement (QIP), making it the largest equity fundraising via QIP in Indian capital markets. The bank’s board approved the issue and allotment of 30.6 crore eq...
PhonePe has teamed up with SBI to launch two co-branded credit cards, the PhonePe SBI Card PURPLE and the PhonePe SBI Card SELECT BLACK. The card has been developed with the intention of rewarding users with benefits and convenience. File photo Doonited Affiliated: Syndicate News Hunt This report has be...
IDBI Bank, in which PSU insurer LIC holds a majority stake, reported a net profit of Rs 2,007 crore for the first quarter of FY26, marking a 17 per cent YoY increase. In the same quarter of the previous financial year, the bank had posted a net profit of Rs 1,719 crore. The bank, which ...
Anthem Biosciences Listing Preview: Anthem Biosciences Ltd., which is a fully integrated operations encompassing drug discovery, development, and manufacturing processes, is set to list on BSE and NSE today (Monday, July 21, 2025). The offer for sale IPO, which opened on July 14 and closed on July 16, h...
Auto components maker Sona BLW Precision Forgings (Sona Comstar) has signed a binding term sheet with Jinnaite Machinery Co (JNT) to establish a joint venture company in China. The JV will manufacture and supply driveline systems and components to automotive manufacturers in China and globally, Sona Com...
ICICI Bank Q1 Results: ICICI Bank reported a 15.5 per cent year-on-year growth in standalone net profit at Rs 12,768 crore for Q1 FY26. Net interest income rose 10.6 per cent to Rs 21,635 crore. Core operating profit increased 13.6 per cent to Rs 17,505 crore, while profit before tax (excluding treasury...
HDFC Bank Q1 FY26 Results, First Bonus: HDFC Bank, the country’s largest lender by market value, on Saturday reported a standalone net profit of Rs 18,155.2 crore for the quarter ended June 30, a 12.1 per cent year-on-year increase that was much better than analysts’ expectations. The bank...
IndiaMART InterMesh Limited, a parent company of Business-to-Business (B2B) marketplace IndiaMart, said its profit stood at Rs 153.50 crore for the first quarter of the financial year 2026 (Q1 FY26), falling over 14 per cent sequentially. The company had posted a profit of Rs 180.6 crore in the January...
PhonePe’s Pincode platform has digitally empowered over 1,000 local offline stores across major Indian cities, like Bengaluru, Pune, Delhi NCR, Hyderabad, Mumbai, and Varanasi, enabling them to compete effectively and accelerate growth in the rapidly digitalising retail market. By combining techno...
A total of 539 companies raised $61.4 billion through initial public offerings (IPO) across the world during the first half of 2025, according to a report released on Friday. In numbers terms, the public offerings declined 4 per cent year-on-year, a total of 563 companies went public in 2024. However, t...
Food delivery platform Eternal, formerly known as Zomato, is all set to release its Q1FY26 earnings on Monday, July 21, 2025. According to Zee Business Research Team, the company is expected to post strong year-on-year (YoY) growth in revenue and profit, led by solid performance from its quick-commerce...
Partha Pratim Sengupta-led Bandhan Bank on Friday reported a sharp 65 per cent year-on-year (YoY) drop in its net profit for the first quarter of the current financial year (Q1 FY26), with earnings falling to Rs 372 crore compared to Rs 1,064 crore in the same period previous year (Q1 FY25). The fall in...
Representing over 4.5 lakh Kirana retailers, the All India Consumer Products Distributors Federation (AICPDF) has raised deep concern regarding the rising sales of cigarettes and tobacco products through quick commerce platforms such as Zepto, Blinkit, and Swiggy Instamart. In its open letter dated Jul...
Vedanta-owned Hindustan Zinc today shared its financial results for the first quarter of financial year 2026 ending on June 30, 2025. On a year-on-year (YoY) basis, the company’s profit fell 4.7 per cent from Rs 2,345 crore in Q1 FY25. It reported a sharp 25.6 per cent sequential drop in its conso...
Tata Power Renewable Energy Limited (TPREL) has signed its first Battery Energy Storage Purchase Agreement with NHPC Limited, marking a significant milestone in the company’s renewable energy initiatives. The project, secured under NHPC’s BESS tranche-I tender through a competitive bidding r...
Heritage Foods Q1 Results: Dairy company Heritage Foods Limited on Thursday reported a sharp decline in net profit for the first quarter of FY26, as the company posted a net profit of Rs 40.5 crore for the April–June quarter, down 30.7 per cent from Rs 58.4 crore reported in the same period previous yea...
Wipro Q1 FY2526 Result Takeaways: The Bengaluru-headquartered largecap tech giant announced its quarterly results for the quarter ended June 30 (April-June quarter), registering a decline in its profit after tax (PAT) and revenue from operations quarter-on-quarter (QoQ). While Wipro’ quarterly att...
Bengaluru-headquartered IT major Wipro on Thursday reported a net profit of Rs 3,330 crore for the quarter ended June 30, marking a 6.7 per cent quarter-on-quarter decline that was still less severe than what analysts had anticipated. Its revenue declined 1.6 per cent sequentially to Rs 22,135 crore, ac...
Axis Bank, India’s third-largest private sector lender, reported a 3.8 per cent decline in its June quarter (Q1FY26) net profit to Rs 5,806.14 crore, down from Rs 6,034.64 crore in the year-ago period. The bank’s net interest income (NII) increased marginally by 0.8 per cent to Rs 13,560 crore, compared...
IT major Wipro announced a dividend of Rs 5 per equity share on Thursday, July 17, according to a stock market disclosure. “Payment of interim dividend of Rs 5 per equity share of par value Rs 2 each to the members of the Company as of July 28, 2025, is the record date. The payment of interim divi...
HDFC Bank Q1 FY26 Results Preview, Bonus Buzz: HDFC Bank, the country’s largest lender by market value, is set to report its financial results on Saturday, July 19. As its board meets that day, it will be considering three things: quarterly earnings, a dividend, and a bonus. However, if a bonus ma...
L&T Technology Services (LTTS) kicked off FY26 with a steady bottomline performance despite a sequential revenue decline. The company in its financial report showed a consolidated net profit of Rs 315.7 crore for the quarter ended June 30, marking a 1 per cent rise compared to Rs 311 crore in Q4 FY2...
ICICI Bank is expected to deliver a strong performance in Q1FY26, with year-on-year growth anticipated in key metrics ahead of the results announcement on July 19. According to Zee Business research team, Net Interest Income (NII) is estimated at around Rs 20,920 crore, up 7 per cent from Rs 19,553 cror...
Tech Mahindra Q1 FY26 Earnings: Pune-headquartered Tech Mahindra on Wednesday reported a net profit of Rs 1,141 crore for the quarter ended June 30, a 2.2 per cent decline sequentially. The IT major’s quarterly net profit misses analysts’ estimates. Its revenue came in at Rs 13,351 crore, m...
IT services company Wipro will announce its Q1 FY26 earnings on Thursday, July 17. The company is expected to post soft revenue growth due to continued demand weakness in key markets like Europe and challenges in client budgets. According to the Zee Business Research Team, Wipro’s revenues are likely t...
