Corporate News
LIC Q4 Net Profit Rises to Rs 13,763 Crore, Announces Rs 6 per Share Dividend
It also declared an interim dividend of Rs 6 per share. Besides, LIC also reported an improvement in its asset quality, with gross non-performing assets (GNPA) coming down to 2.01 percent from 2.56 percent last year.
BharatPe and PhonePe Reach Amicable Resolution on Trademark Disputes Over 'Pe' Suffix
Rajnish Kumar, Chairman of the Board at BharatPe, termed this agreement as a positive development for the industry. He said that the maturity and professionalism shown by the management of both sides are exemplary.
Nazara Gaming Reports Rs 17 Crore Net Profit in Q4 Despite 8% Revenue Decline
However, the operating revenue experienced a slight dip, standing at Rs 266.2 crore for the quarter, down by 8 percent year-on-year from Rs 289.3 crore recorded in the same quarter of FY23.
United Spirits Reports Impressive Surge in Q4 Profit to Rs 241 Crore
The revenue from operations of United Spirits Ltd for the quarter rose to Rs 6,511 crore—a growth of 12.41 per cent compared to Rs 5,792 crore in the last year.
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.
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