Corporate News
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.
IvyCap Ventures Successfully Concludes 'Fund III' at Rs 2,100 Crore
This latest fund, ‘Fund III’, is earmarked to back approximately 25 companies at the Series A level, with initial investments averaging between Rs 30-50 crore.
Hemant Bakshi Resigns as Ola Cabs CEO, Company Announces Workforce Reduction
This is informed by his need to venture into opportunities that could extend beyond the company's confines. It sets the stage for Ola in a period of restructuring that will seek to tighten profitability even as it prepares the company for future growth.
Bajaj Auto Reports Strong Q4 Performance with Rs 2,011 Crore Net Profit, Announces Rs 80 Per Share Dividend
In terms of revenue, Bajaj Auto posted a robust figure of Rs 11,554.95 crore for the January-March quarter, reflecting a notable growth compared to Rs 9,192.73 crore reported in the same period last year.
Infosys Reports 30% Surge in Q4 Profit to Rs 7,969 Crore
In tandem with the profit surge, Infosys also witnessed a commendable uptick in its consolidated revenue during the reported quarter, edging up by 1.3 percent to Rs 37,923 crore from Rs 37,441 crore in the comparable quarter of the preceding year.
Just Dial Reports 38.44% Increase in Q4 Net Profit to Rs 115.74 Cr
During the quarter under review, the company's consolidated total income rose to Rs 361.56 crore, up from Rs 306.69 crore in the same period last year.
Byju Raveendran Assumes Daily Operational Role Following CEO Mohan's Departure
In a strategic move, the company disclosed a significant restructuring endeavor aimed at streamlining its operations into three distinct divisions: The Learning App, Online Classes and Tuition Centers, and Test Preparation.
Don't Miss
Advertisement