COMPANIES NEWS - Page 11

Adani Ports Q4 net profit jumps 77% to Rs 2,014 crore

May 2, 2024 14:18 IST

The country's largest integrated logistics player had clocked a profit of Rs 1,139.07 crore in the corresponding period of the previous fiscal, the company said in a BSE filing.

Godrej group stocks trade mixed after conglomerate’s split

May 2, 2024 13:26 IST

Godrej Industries shares slipped as much as 9 per cent at 872.90 while Godrej Agrovet climbed over 5 per cent to touch intraday high at 573.00 on the NSE. Shares of Godrej Properties plunged 6.25 per cent to hit intraday low at Rs 2,479.35 on the NSE.

Vedanta to invest $20 billion in four years in India: Anil AgarwalSubscriber Only

May 2, 2024 14:39 IST

The investments will happen mostly in the technology, electronics, semiconductors and glass segments, he added.

Land owned by Godrej and Boyce has Rs 3-trillion potentialSubscriber Only

May 2, 2024 13:23 IST

One acre costs between Rs 70 crore and Rs 80 crore in Vikhroli. Hence, the land value of the Godrej & Boyce land parcel comes to Rs 80,000 crore.

Ambuja Cements misses Q4 profit estimate on lower prices

May 1, 2024 16:07 IST

Cement makers are expected to report subdued income from sales in the reported quarter, owing to a nearly 5 per cent decline sequentially in cement prices across India.

Adani Energy Solutions net profit falls 13% to Rs 381 crore in Q4

May 1, 2024 12:37 IST

The company's income was Rs 17,218.31 crore in FY24 as against Rs 13,840.46 crore in FY23. The expenses stood at Rs 4,358.83 crore in the period under review, as against Rs 3,200.50 crore in the year-ago period.

Godrej family seals deal to split 127-year-old conglomerate

May 1, 2024 11:40 IST

While Adi Godrej and his brother Nadir will be keeping Godrej Industries that has five listed firms, his cousins Jamshyd and Smita will be getting unlisted Godrej & Boyce and its affiliates and a land bank, including prime properties in Mumbai.

Indian Oil quarterly profit falls 52% on inventory losses, lower fuel prices

April 30, 2024 16:11 IST

While India is the world's third-biggest oil importer and consumer, Indian Oil along with its unit Chennai Petroleum controls about a third of India's five million-barrels-per-day refining capacity.

Exide Industries Q4 PAT rises by 37% to Rs 284 crore

April 30, 2024 15:59 IST

The company had reported a profit after tax (PAT) of Rs 208 crore in January-March period of FY23. Revenue from operations rose to Rs 4,009 crore in the period under review from Rs 3,543 crore a year ago.

Granules gets USFDA nod for generic gout medication

April 30, 2024 12:44 IST

Granules Pharmaceuticals, Inc, a wholly-owned foreign subsidiary of the company, has received approval from the US Food & Drug Administration (USFDA) for Colchicine Capsules (0.6 mg), it said in a regulatory filing.

Elon Musk lays off Tesla senior executives in fresh job cuts: Report

April 30, 2024 11:17 IST

Rebecca Tinucci, senior director of the electric vehicle maker's Supercharger business, and Daniel Ho, head of new products, will leave on Tuesday morning, The Information reported.

UltraTech Cement Q4 net profit rises 35% to Rs 2,260 crore

April 29, 2024 16:35 IST

The leading cement maker had posted a consolidated net profit of Rs 1,670.10 crore in the January-March quarter of the last fiscal, according to a regulatory filing from UltraTech.

iPhone exports double to $10 billion, India now woos component makersSubscriber Only

April 28, 2024 18:11 IST

PLI a major draw for assembly units which employ 1.5 lakh people in India

Patanjali Foods to evaluate proposal to buy Patanjali Ayurved’s non-food business

April 26, 2024 21:32 IST

In a regulatory filing, Patanjali Foods informed that its board has discussed the initial proposal received from Patanjali Ayurved Ltd for a sale of the latter's non-food business undertaking to the company.

Bajaj Finserv Q4 profit rises 20% to Rs 2,119 crore

April 26, 2024 16:05 IST

The total consolidated income during the fourth quarter of FY24 increased to Rs 32,042 crore, as against Rs 23,625 crore in the year-ago period, BFL, the holding company for the various financial services businesses under the Bajaj group, said in a regulatory filing.