This marks a slowdown following a compound annual growth rate of around 11 per cent between fiscals 2022 and 2024. Despite the tempered growth, the operating profitability of cement companies is anticipated to remain stable at Rs 975-1,000 per tonne, which is above the decadal average of Rs
As the earnings season for the second quarter of FY25 unfolds, public sector banks (PSBs) are expected to see a slight dip in profits compared to the previous quarter, according to a report by Motilal Oswal.
New Delhi [India], September 2: PURE EV, a pioneering brand in the electric two-wheeler (2W) segment, has announced plans to launch a significant Initial Public Offering (IPO) in 2025, building on its remarkable growth trajectory. The company is backed by prominent investors, including the N
The operating profit for the quarter saw a more significant rise, increasing by 4.55 per cent YoY to Rs 26,449 crores. The bank's Return on Assets (ROA) and Return on Equity (ROE) stood at 1.10 per cent and 20.98 per cent respectively, underscoring the bank's efficient management and profita
Mumbai (Maharashtra) [India], July 29: The Board of Directors of IDFC FIRST Bank, in its meeting held today, approved the unaudited financial results for the quarter ended June 30, 2024.
Mumbai (Maharashtra) [India], July 29: Financial results at a glance - The Board of Directors of IDFC FIRST Bank, in its meeting held today, approved the unaudited financial results for the quarter ended June 30, 2024.
Bangalore (Karnataka) [India], April 9: Freudenberg Group, a global technology conglomerate, which commemorates its 175th anniversary year in 2024, today reported record growth in revenues and operating profits for the financial year 2023. Freudenberg achieved sales of EUR11,902.8 million, 1
Mumbai (Maharashtra) [India], October 28: The Board of Directors of IDFC FIRST Bank, in its meeting held today, approved the unaudited financial results for the quarter and half year ended September 30, 2023.
Mumbai (Maharashtra) [India], July 31: Financial results at a glance - The Board of Directors of IDFC FIRST Bank, in its meeting held today, approved the unaudited financial results for the quarter ended June 30, 2023.
Mumbai (Maharashtra) [India], July 27: STL [NSE: STLTECH], a leading Optical and Digital solutions company, today announced its financial results* for the quarter ended 30th June 2023. STL reported INR 1,522 Cr in revenues and a robust open order book of INR 10,938 Cr across its three busine
According to a statement shared with stock exchanges, the lender's operating profit grew 67.20 per cent to Rs 1,334.58 crore in the reviewed quarter, against Rs 798.20 crore in the corresponding period the previous year.