Corporate News
TCS CEO Krithivasan Gets 4.6% Pay Hike, Earning ₹26.5 Crore in FY25
His income was ₹26.5 crore, up from ₹25.35 crore the previous year, as detailed in the company's just-published annual report.
IndiGo Co-Founder Rakesh Gangwal Offloads 5.8% Stake Worth ₹11,928 Crore in Block Deal
This sale represented around 5.8% of Gangwal's overall holding in the industry-leading low-cost carrier, as per reports. While Gangwal resigned from InterGlobe Aviation's board in 2022, he has continued to be among IndiGo's largest shareholders.
Blue Dart Express Q4 Earnings: Profit Falls 29% to ₹55 Crore, Revenue Rises to ₹1,417 Crore
Compared to the same quarter last year, the company had reported a net profit of Rs 77.78 crore, according to a regulatory filing of Blue Dart Express.
Gillette India Reports 60% Profit Surge to Rs 158.7 Crore in March Quarter
The firm reported a net profit of ₹159 crore, a 61% increase from ₹99 crore of the previous year. Revenue also increased by 12.7%, at ₹767.5 crore compared to ₹681 crore of the same quarter.
IndiGo Reports 11.19% Drop in Net Profit to Rs 7,258.4 Crore for FY25
But IndiGo reported a strong 61.89% year-over-year (YoY) growth in consolidated net profit in the January–March quarter (Q4 FY25) at Rs 3,067.5 crore, up from Rs 1,894.8 crore in Q4 FY24. Excluding the effect of foreign exchange rates, the profit grew 44.7% to Rs 2,981.1 crore compared to Rs 2,060 crore during the same quarter last year.
Torrent Pharma's Q4 Net Profit Dips Slightly to Rs 498 Crore Despite Revenue Growth
The local pharma company recorded its overall expenses at Rs 2,252 crore, up by almost 4.70% quarter-on-quarter (QoQ) and 4.99% year-on-year (YoY).
Fortis Healthcare Reports 7.4% Decline in Q4 Profit Amid Rising Expenses
This dip in profit primarily resulted from a notable increase in total expenses alongside impairments related to investments.
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