Financial Performance News - Latest Updates, Headlines & Analysis

LIC's new business premium surges to Rs 2.27 lakh crore in FY25

New Delhi, April 23: Life Insurance Corporation of India (LIC), the country's largest life insurer, registered new business premium to the tune of an impressive Rs 2,26,669.91 crore in for FY25, which includes a record Rs 62,404.58 crore from individual new business, according to data released by the Life Insurance Council on Wednesday.

Suraksha Diagnostic share price falls nearly 25 pc in a year

Mumbai, April 23: Suraksha Diagnostic Limited's stock has seen a sharp decline over the past year as it has fallen by Rs 103 or 24.69 per cent in the last 12 months, as per the latest data available on the National Stock Exchange (NSE).

BHEL records 19 pc growth in revenue at Rs 27,350 crore in 2024-25

New Delhi, April 20: Public sector engineering giant Bharat Heavy Electricals Ltd (BHEL) has recorded a 19 per cent year-on-year growth in revenue at Rs 27,350 crore for the financial year 2024-25, according to a company statement issued on Sunday.

ICICI Bank's Q4 profit rises 18 pc to Rs 12,630 crore, NII grows 11 pc

Mumbai, April 19: ICICI Bank, India’s second-largest private sector lender, on Saturday reported strong financial results for the fourth quarter of FY25, with its net profit rising 18 per cent year-on-year (YoY) to Rs 12,630 crore.

Yes Bank's Q4 profit jumps 64 pc to Rs 738 crore, net NPA declines

Mumbai, April 19: Yes Bank on Saturday reported a strong performance in the January-March 2025 quarter (Q4), with its net profit rising 63.7 per cent year-on-year (YoY) to Rs 738.12 crore.

Yaari Digital's Q4 loss widens to Rs 51.78 crore; stock down over 83 pc in 5 years

Mumbai, April 18: Yaari Digital Integrated Services Limited on Friday reported an over 830 per cent rise in its net loss for the March 2025 quarter (Q4 FY25), at Rs 51.78 crore, as compared to Rs 5.54 crore in the previous quarter (Q3).

Revenue of EPC sector to decline in Q4FY25 results while capital goods to perform better: Report

New Delhi, April 17: The engineering, procurement, and construction (EPC) and capital goods sectors are expected to report mixed performance in the January-March quarter (Q4FY25), according to a report by HDFC Securities.

IREDA clocks 49 per cent jump in Q4 net profit at Rs 502 crore

New Delhi, April 15: The Indian Renewable Energy Development Agency Ltd. (IREDA) has announced a robust 49 per cent jump in net profit to Rs 502 crore for the January-March quarter of financial year 2024-25, compared to the corresponding amount of Rs 337 crore in the same quarter of the previous fiscal year.

5 of India's top 10 firms add Rs 84,559 crore in market value during holiday-shortened week

Mumbai, April 13: In a holiday-shortened trading week, the combined market valuation of five of the top-10 valued companies in India increased by Rs 84,559.01 crore.

Ajmera Realty's Q4 sales value drops 13 pc, collections fall 8 pc YoY

New Delhi, April 11: Ajmera Realty and Infra India Limited on Friday reported a 13 per cent drop in its sales value at Rs 250 crore in the fourth quarter (Q4) of FY25, compared to Rs 287 crore in Q4 FY24.

McCain India profit shrinks 29 pc in FY24 amid rising costs

New Delhi, April 6: McCain India, the maker of frozen snacks like French fries and aloo tikki, reported a sharp 29 per cent decline in its net profit for the financial year 2023-24 (FY24), hit by rising costs and higher spending on advertising and management fees.

Attero's net profit falls 31 pc in FY24, firm says crosses Rs 1,000 cr in revenue

New Delhi, April 3: Electronic waste recycling startup Attero reported a 31 per cent decline in net profit in FY24 due to its rising expenses, according to the company’s latest financials.

Sensex, Nifty extend gains for 3rd straight session, midcap stocks outperform

Mumbai, March 19: Indian stock markets on Wednesday continued their upward trend for the third consecutive session, with both the Sensex and Nifty closing higher.

Uber India's expenses up 26.4 pc, losses down to Rs 89 crore in FY24

New Delhi, March 19: Ride-hailing major Uber India continued to struggle with profitability despite strong revenue growth, as rising expenses weighed heavily on its financial performance, its latest financials showed.

Emirates Driving Company distributes 34 per cent cash dividend for 2024

Abu Dhabi, March 13: Emirates Driving Company, listed on the Abu Dhabi Securities Exchange (ADX), announced that its General Assembly, convened on 11th March 2025, approved a cash dividend distribution to shareholders for the fiscal year ended 31st December 2024.

Muthoot Microfin shares hit 52-week low, fall over 45 pc in six months

Mumbai, March 11: Muthoot Microfin Limited's stock continued its downward trend on Tuesday, hitting a new 52-week low of Rs 123.65 in the intra-day trading session.

Phi Commerce's losses triple in FY24 as expenses surge by 137 pc

Mumbai, March 7: Phi Commerce, a SaaS-based omnichannel payment solutions provider, saw its losses surge threefold in the fiscal year ending March 2024 (FY24) to Rs 28.9 crore as compared to Rs 9.4 crore in the previous fiscal year (FY23).

Nuvama cuts SpiceJet share price target, stock tanks about 7 pc

Mumbai, Feb 27: SpiceJet's stock on Thursday took a hit by falling over 8 per cent during an intra-day low as the brokerage firm Nuvama slashed its target price by 14 per cent while maintaining a 'hold' rating.

EV maker Kinetic Green's losses surge 11 times to Rs 77 crore

Mumbai, Feb 27: Electric vehicle maker Kinetic Green faced a major financial setback in FY24, with its losses widening 11 times to Rs 77 crore as compared to the Rs 7 crore in the previous year (FY23).

Wow! Momo reports Rs 114 crore loss in FY24, rising costs eat into profits

New Delhi, Feb 26: Quick-service restaurant (QSR) chain Wow! Momo has reported a net loss of Rs 114 crore in FY24, as the company struggled with the rising expenses.

Cleantech startup Recykal's losses surge 31 pc, revenue drops over 4 pc

Mumbai, Feb 25: Recykal, a B2B waste management marketplace run by its Founder and CEO Abhay Deshpande, has reported a decline in revenue and a significant rise in losses in the financial year 2024 (FY24).

India's private sector companies post higher profits, lower debt: RBI

New Delhi, Feb 25: The operating profit margin as well as net profit margin of private sector corporates in India improved across major sectors during 2023-24 while their debt burden declined during the year, reflecting the growing financial strength, according to the latest data compiled by the RBI.

Adani portfolio delivers highest ever trailing twelve-month EBITDA of Rs86,789 Crore

Ahmedabad, February 20: The Adani Group, India's largest infrastructure player, has announced its financial performance for Q3FY25 along with trailing-twelve-month (TTM) EBITDA, reported a record-breaking TTM EBITDA of Rs86,789 crore, reflecting a year-on-year (YoY) growth of 10.1 per cent.

Around 4000 Indian companies report strong EBITDA growth in Q3FY25: SBI Report

New Delhi, February 20: Indian companies showed a strong recovery in the October-December quarter (Q3FY25) after two consecutive quarters of negative EBITDA growth, says a report by the State Bank of India (SBI).

Adani Portfolio clocks highest ever TTM EBITDA of Rs 86,789 crore, core infra biz surges

Ahmedabad, Feb 20: Led by its core infrastructure business, the Adani Portfolio has delivered the highest-ever trailing-twelve-month (TTM) EBITDA of Rs 86,789 crore, the Adani Group said on Thursday.

Wingify's expenses rise 33 pc in FY24, legal costs skyrocket nearly 500 pc

New Delhi, Feb 19: Bootstrapped software-as-a-service (SaaS) company Wingify saw a significant rise in its overall expenses in the financial year ending March 2024, as its total expenses during the period surged by 33.5 per cent to Rs 221.33 crore as compared to Rs 165.81 crore in the previous fiscal year (FY23).

Recapitalisation, reforms have worked well for public sector banks: SBI Chairman

Mumbai, Feb 18: Recapitalisation and reforms in the last few years have really worked well for the public sector banks and balance sheets are cleaner now, State Bank of India (SBI) Chairman, C.S. Setty, said on Tuesday.

Signature Global's shares drop nearly 15 pc in a week, stock down 19 pc in 1 year

Mumbai, Feb 18: The shares of Signature Global India Limited on Tuesday further declined by 2.03 per cent at Rs 1,102.40 during the intra-day trading session, as investors remain cautious about the company’s financial health.

IRCTC posts 14 pc rise in Q3 net profit at Rs 341 crore

New Delhi, Feb 11: Indian Railway Catering and Tourism Corporation (IRCTC) on Tuesday reported a 13.7 per cent rise in its consolidated net profit to Rs 341 crore for the October-December quarter of the current financial year compared to the corresponding figure of Rs 300 crore in the year-ago period.

Signature Global's expenses up by 6.5 pc in Q3, liabilities jump 17 pc as stock drops

New Delhi, Feb 11: Real estate developer Signature Global has reported an increase in its total expenses to Rs 835.89 crore during the third quarter of the financial year 2025 (Q3 FY25), up by 6.54 per cent from Rs 784.60 crore in Q2.

Patanjali Foods reports highest quarterly standalone revenue in Q3FY25; area under palm plantation at 87,109 hectares

New Delhi, February 11: Patanjali Foods Limited reported "highest ever quarterly standalone revenue from operations" in Q3FY25 and a 48.79 per cent increase in EBITDA on a year-on-year basis.

LIC reports over 16 pc jump in consolidated net profit in Q3, AUM up 10.29 pc

New Delhi, Feb 7: The Life Insurance Corporation of India (LIC) on Friday reported over 16 per cent rise in its consolidated net profit to Rs 11,008 crore in the third quarter ended December 2024 (Q3 FY25), from the net profit of Rs 9,468.99 crore in the year-ago quarter.

Mahindra & Mahindra logs 20 pc net profit jump in Q3 on strong SUV, tractor demand

Mumbai, Feb 7: Mahindra & Mahindra (M&M) on Friday reported a consolidated net profit of Rs 3,180.58 crore in Q3 -- a 19.64 per cent increase from Rs 2,658.40 crore in the same quarter last year (Q3 FY24).

PSBs highest-ever net profit of rs 1.29 lakh crore recorded, marking 31.3 per cent growth

New Delhi, February 6: Public Sector Banks (PSBs) have recorded the combined net profit surged to an all-time high of Rs 1,29,426 crore during April-December 2024, registering a 31.3 per cent year-on-year (YoY) growth.

REC registers 23pc jump in Q2 net profit at Rs 4,029cr; declares dividend of Rs 4.30 a share

New Delhi, Feb 6: Government-owned Maharatna company REC on Thursday announced a 23 per cent jump in net profit to Rs 4,029 crore for the October-December quarter of the current financial year compared to the corresponding figure of Rs 3,269 crore for the same quarter of 2023-24.

SBI reports 84% jump in net profit for Q3FY25, strong credit growth and improved asset quality

New Delhi, February 6: The State Bank of India (SBI) has reported a significant 84.32 per cent year-on-year (YoY) growth in net profit, reaching Rs16,891 crore in Q3FY25. This strong performance was driven by higher operating profit and improved asset quality.

SBI posts robust 84 pc surge in net profit at Rs 16,891 crore in Q3

Mumbai, Feb 6: India's largest public sector lender, the State Bank of India (SBI) on Thursday reported an impressive 84.32 per cent surge in net profit (year-on-year) at Rs 16,891 crore for the October-December quarter (Q3 FY25), from Rs 9,164 crore in the year-ago period.

Tata Power posts 10 pc jump in Q3 net profit at Rs 1,188 crore

Regional News Channels

Top Tags