1h ago
Aarti Drugs Q1 profit falls 6.9% as revenue climbs 19%; board sets leadership changes from Oct 1, 2026
Aarti Drugs reported net profit of ₹50.17 crore for the first quarter of FY2024, down 6.9% year on year, even as revenue rose 19% to ₹702.78 crore. EBITDA increased 32.6% to ₹98.20 crore and the EBITDA margin improved to 13.97%. The company also named Adhish P. Patil as Managing Director for a five-year term effective October 1, 2026, subject to shareholder approval at the next Annual General Meeting.
1h ago
1h ago
Maruti Suzuki posts 36% sales jump as profit slips 27.1%; Bajaj Finserv profit rises 18%
Maruti Suzuki reported a 36% year-on-year rise in quarterly revenue to 4995.9 billion rupees, while profit attributable to the parent fell 27.1% to 35.788 billion rupees. Its EBITDA margin narrowed to 26.7% from 31.7%. Bajaj Finance posted a strong quarter with profit up 28%, adding 5.1 million customers and disbursing more than 16 million new loans. Bajaj Finserv’s consolidated net profit rose 18% to 62.97 billion rupees, and net interest income increased 20% to 145.28 billion rupees.
1h ago
3h ago
Indian Oil posts ₹2,661 crore June-quarter loss as refining margins collapse despite higher fuel sales
Indian Oil Corporation posted a net loss of ₹2,661 crore in the June 2026 quarter, reversing a ₹11,377 crore profit in the March quarter. The swing was driven by a sharp contraction in refining margins, with EBITDA margin dropping to 1% from 10%. Fuel sales rose, but the deterioration in refining profitability dominated the quarter’s performance. The result weighed on the stock of India’s largest state-run refiner and highlighted pressure on global refining profitability.
3h ago
3h ago
ABB India posts ₹362.3 crore Q2 CY2026 profit, declares ₹90 per-share special dividend as orders jump 50%
ABB India reported a consolidated net profit of ₹362.3 crore for Q2 2026, up 3% year-on-year but below the ₹388.5 crore market estimate. EBITDA came in at ₹447.1 crore, also missing the ₹461.7 crore estimate, while the EBITDA margin stood at 13%, down 1 percentage point from a year earlier. The company declared a ₹90 per-share special dividend and said order intake rose 50% from the year-ago period.
3h ago
6h ago
Dixon Technologies shares slide as much as 5% after Q1 margin shrinks to 3%
Dixon Tech reported fiscal first-quarter results ended June, with revenue rising 21.1% year on year to 15548 billion Indian rupees. EBITDA fell 4.1% to 463 billion rupees, and the EBITDA margin narrowed to 3%, below the market expectation of 3.4%. The company said net profit was supported by “other income,” while core profitability remained under pressure. After the release, the stock fell as much as 5% to 13776 rupees.
6h ago
6h ago
Shree Cement shares drop up to 3.6% after Q1 profit misses estimates on West Asia-driven cost pressures
India’s Shree Cement reported a 29.2% year-on-year fall in consolidated net profit to 438 crore rupees for FY2024 Q1 ended June, well below the market estimate of 499 crore rupees. EBITDA declined 12.6% to 1,074.4 crore rupees, while the EBITDA margin narrowed to 19.1% from 24.8%. The company attributed the cost pressure to higher fuel and raw material prices stemming from the West Asia geopolitical crisis. Following the results, the stock fell as much as 3.6% intraday.
6h ago