Corporate News
Delhivery Reports Rs 69 Crore Loss for Jan-March Quarter as CBO Sandeep Barasia Resigns
Over the entire fiscal year FY24, Delhivery reported a notable reduction in loss after tax, narrowing by Rs 759 crore to Rs 249 crore compared to Rs 1,008 crore in the preceding fiscal year.
Vodafone Idea Reports Expanded Q4 Loss of Rs 7,674 Crore
While there was a slight uptick in revenue from operations, reaching Rs 10,606 crore compared to Rs 10,531 crore in the same quarter of the preceding financial year, the noteworthy increase was observed in the average revenue per user (ARPU), climbing from Rs 135 to Rs 146.
CFO of Ola Cabs, Karthik Gupta, Resigns Just 7 Months After CEO's Departure
Gupta's resignation comes close on the heels of the company's CEO, Hemant Bakshi, who resigned two weeks ago.
HAL Reports Impressive 52% Surge in Q4 Net Profit, Reaches Rs 4,308 Crore
The company's revenue from operations during the fourth quarter rose by 18% to Rs 14,768.70 crore from Rs 12,494 crore in the corresponding period of the previous year.
MakeMyTrip Records Robust 23% Surge in Gross Bookings, Achieves $172 Million Profit in Q4
The company clocked $171.9 million in profit for the quarter, boosted by a one-time credit of $126.1 million stemming from the recognition of deferred tax assets. Additionally, there was a one-time gain of $30.6 million “due to the change in carrying value of our convertible notes due 2028 measured at amortised cost”.
Hero MotoCorp Hits Milestone: Surpasses Rs 1 Lakh Cr Market Valuation
Maintaining its winning streak for the fifth consecutive session, Hero Motocorp shares surged to a 52-week high of Rs 5,050 per share on the Bombay Stock Exchange (BSE). The stock closed with a 3.15 per cent increase at Rs 5041.90. Similarly, on the National Stock Exchange (NSE), the stock reached a 52-week high of Rs 5,051, closing with a 3.37 per cent rise at Rs 5,050 per share.
Kotak Bank Reports 18% Surge in Q4 Net Profit to Rs 4,133 Crore
In the fourth quarter, Kotak Bank reported a massive 13 percent growth in net interest income to Rs 6,909 crore compared with Rs 6,103 crore in the same quarter last year.
Raymond's Q4 Net Profit Surges by 18% to Reach Rs 229 Crore
The consolidated profit of the company sprang to Rs 229 crore during the quarter, reflecting a great spurt from Rs 194 crore recorded in the corresponding period the previous year. The revenue, too, surged 23 percent to Rs 409 crore for the quarter.
Adani Wilmar Achieves 67% PAT Surge in FY24, Expands Market Share in Vital Product Lines
The company's statement said the full-year revenue for FY 2024 was Rs 51,262 crore, which was driven primarily by the food and FMCG segment, which more than doubled to almost Rs 5,000 crore in two years.
FirstCry Seeks Rs 1,816 Crore in IPO with Refiled Documents
In its initial draft that it had filed last December, SEBI had raised concerns about key metrics of the startup that were not disclosed. Now, with the revised DRHP, FirstCry hopes to go ahead with the IPO plans.
Don't Miss
Advertisement