Corporate News
Star Health Reports 99.76% Drop in Profit for Q4
The YoY situation is also grim, with a decline of 99.64% in net profit from Rs 142.32 crore in Q4 FY24. The abrupt decline in earnings has had a significant impact on the company's QoQ as well as YoY profitability.
India Cements Reports 3% Revenue Dip, Net Profit at Rs 14.68 Crore
Despite this, the Aditya Birla Group-owned cement company managed to post a consolidated net profit of Rs 14.68 crore in the quarter, a robust recovery from the Rs 60.55 crore net loss in the corresponding quarter of the previous fiscal year.
India Cements Reports 3% Revenue Dip, Net Profit at Rs 14.68 Crore
Despite this, the Aditya Birla Group-owned cement company managed to post a consolidated net profit of Rs 14.68 crore in the quarter, a robust recovery from the Rs 60.55 crore net loss in the corresponding quarter of the previous fiscal year.
Zomato Employee Allegedly Highlights 'Deep Crisis,' CEO Dismisses as 'Utter Nonsense'
The post criticized the work culture as "toxic" and mentioned the abrupt resignation of Rakesh Ranjan, former CEO of Zomato's food delivery segment. However, Zomato has now made it clear that Ranjan has not resigned.
Anant Ambani Joins Reliance Industries Board as Executive Director
As per the filing, "The Board of Directors of the company, in today's meeting, on the recommendation of human resources, nomination, and remuneration committee, considered and appointed Anant M Ambani (DIN: 07945702), being a non-executive director of the company, as whole-time director by designation as executive director of the company, for five years from May 1, 2025, with the concurrence of the members of the company."
Maruti Suzuki's Q4 Profit Declines 4.3%; Declares Record ₹135 Dividend Per Share
The automobile manufacturer, while making its report to the stock exchange, noted that its expenditure as a whole increased by 8.55% year-over-year (YoY) at Rs 37,585.5 crore for the March quarter.
Zomato Refutes Claims of Food Delivery CEO Rakesh Ranjan's Resignation Amid Leadership Reshuffle
The clarification was made after a media report indicated that Ranjan was resigning amidst slowing growth and rising competition, especially from competitors such as Swiggy. The report further stated that Zomato co-founder and CEO Deepinder Goyal was set to hold charge of the food delivery business temporarily until a replacement was identified.
Nestlé India Reports 5% Dip in Q4 Profit Amid Rising Input Costs and 8.6% Decline in Exports
The firm was also greatly affected by the rising prices of major commodities like coffee, cocoa, and milk, which hit its overall profitability in the quarter, as pointed out in its stock exchange filing.
Wipro Reports 6.4% Rise in Q4 Net Profit, Reaches ₹3,569.6 Crore
The organization posted gross revenues of ₹22,500 crore (about $2,634.2 million) during January–March, a modest growth of 0.8% over the previous quarter and an increase of 1.3% year on year.
TCS Q4 Profit Slips Nearly 2%; Board Declares ₹30 Final Dividend
The tech behemoth had made a profit of ₹12,502 crore during the same period last year. On a sequential level, the net profit fell 1.3%, according to the company's filing with the stock exchanges.
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