Corporate News
EaseMyTrip Records Rs 15 Crore Q4 Loss Despite 41% Revenue Surge
Revenues from operations, however, saw a striking rise of 41 percent on a year-on-year basis to touch ₹ 164 crore during Q4.
Former Wipro CEO Emerges as Top Earner in Indian IT Sector for FY24, Raking in Over Rs 165 Crore
Delaporte maintained his position as the highest-paid CEO for two years in a row.
Honasa, the Parent Company of Mamaearth, Achieves Rs 30 Crore PAT in January-March Quarter
On a full-year basis, for FY24, Honasa recorded a PAT of Rs 111 crore, and an EBITDA increase of 7.1 percent.
Air India Unveils Inaugural Salary Increase Following Tata Acquisition
“During FY 2023-2024, as a part of the take-off phase of Vihaan, Air India achieved key milestones, laying strong foundations for growth and transformation… To enable our journey, we introduced two key changes in our human resource practice in the past one year.
IndiGo's Q4 Profit Skyrockets to Rs 1,895 Crore; Business Class Set to Debut on Select Routes
IndiGo also witnessed record highs in its fiscal year, which ended in March 2024, with the airline posting a record annual net profit of Rs 8,172.5 crore and total income of Rs 18,505.1 crore. In the wake of the bustling economy, the carrier said it would introduce business class on select routes this year as it celebrates its 18th anniversary.
Fortis Healthcare Q4 Net Profit Soars 47% to Rs 203 Crore
The company's operational revenue saw an 8.7 percent year-on-year rise in Q4 FY24, amounting to Rs 1,786 crore, up from Rs 1,643 crore reported in Q4 FY23.
Vodafone Idea Secures Rs 2,075 Crore Through Preferential Share Allotment to AB Group
Post the allotment process, Vi's paid-up equity share capital will escalate from Rs 66,483.45 crore to Rs 67,878.88 crore, as stated in the regulatory filing. Despite a 95% surge in its stock value over the past year, Vi's shares concluded at Rs 13.60 apiece on Tuesday.
SAIL's Q4 Profit Slips 2%, Reaches Rs 1,126 Cr; FY24 Net Profit Climbs to Rs 3,066 Cr
The profit and revenue decline were primarily influenced by the heightened costs of raw materials during the fourth quarter of FY24, which surged to Rs 15,130 crore from Rs 14,828.04 crore in the previous year. Nevertheless, the company managed to lower its total expenses to Rs 26,473.86 crore from Rs 28,088.17 crore in the corresponding period last year.
JSW Steel Reports a 64% Drop in Q4 Net Profit to Rs 1,299 Crore
The revenue from operations of the steel major in the fourth quarter declined marginally to Rs 46,269 crore from Rs 46,962 crore in the same period of the previous year, according to a regulatory filing.
Medanta Hospitals Witnesses Impressive 25% Surge in Q4 Net Profit to Rs 127 Crore
The Dr. Naresh Trehan-led healthcare major posted a 14 per cent increase in revenue from operations at Rs 808 crore during the fourth quarter compared to Rs 707 crore in the same quarter last year.
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