Corporate News
Bharti Airtel's Q1 Net Profit Soars to ₹4,160 Crore After Exceptional Items
Airtel added 0.8 million new subscribers in Q1 2025 alone to drive its total customer base up to 24 million. Its smartphone market share increased significantly as it added 29.7 million subscribers, an increase of 12.9 percent YoY.
Titan’s Q1 Net Profit Falls 1% to Rs 770 Crore Amid Rising Gold Prices
The revenue from operations of the Tata Group company for the fiscal's first quarter grew by 9 per cent to Rs 11,263 crore from Rs 10,306 crore in the same quarter a year ago.
Adani Enterprises Ltd Reports 116% Surge in Net Profit to Rs 1,458 Crore for Q1
Operational metrics remained strong across the ecosystem of Adani New Industries Ltd. (ANIL), especially in the airport and road sectors. Strategic infrastructure businesses contributed 62% of total EBITDA in Q1 FY25, compared to 45% the previous year.
Zomato Achieves 126% Net Profit Surge to Rs 253 Crore in Q1, Fueled by Blinkit's Success
The company's stock has experienced a substantial increase, rising 174% over the past year.
Maruti Suzuki Reports 47% Surge in Q1 Net Profit to ₹3,650 Crore
This was helped out by effective cost management, positive commodity prices, and revenues from foreign exchange. Maruti Suzuki net sales during the quarter were at ₹ 33,875.3 crores versus ₹ 30,845.2 crores in the three months ended December 2018.
Tata Steel Reports 75% Surge in Q1 Net Profit, Reaching Rs 960 Crore
The stock of Tata Steel ended 0.79% higher at Rs 165.35 apiece, against the benchmark BSE Sensex's marginal 0.35% rise.
Samsung’s operating profit rises 15 times to $7.54 billion in Q2
This marks the first time Samsung Electronics has posted an operating profit exceeding 10 trillion won in seven quarters, since Q3 of 2022. The company's sales surged 23.4% year-on-year to 74.06 trillion won, and net profit soared by 471% to 9.84 trillion won.
Mankind Pharma Secures Bharat Serums and Vaccines in ₹13,630 Crore Deal
According to a statement issued by the company, "Mankind Pharma has signed and closed definitive agreements to acquire 100% shareholding of BS;V, valuing the transaction at approximately Rs 13,630 crores.".
CBDT Chairman Unveils Simplified Tax System with New Capital Gains Regime
He explained that under the new tax regime, there has been a reduction in income tax rates and an increase in the standard deduction, which will enable people to save more and have greater flexibility in their investments and expenditures.
L&T Reports 12% Increase in Net Profit to ₹2,786 Crore for April-June Quarter
Its international revenues stood at Rs 26,248 crore, making up 48% of the total revenues for the quarter. Group consolidated new orders reached an all-time high of Rs 70,936 crore, up 8 per cent year-on-year, driven by robust demand conditions in the Middle East.
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