Vardhman Textiles Q1 Results: Shares slip from day’s high despite 50% jump in Q1 profit

Vardhman’s textiles business, which remains the company’s largest segment, reported revenue of ₹2,648.2 crore, up from ₹2,342.3 crore a year ago.

Vardhman’s textiles business, which remains the company’s largest segment, reported revenue of ₹2,648.2 crore, up from ₹2,342.3 crore a year ago.

Hester Biosciences shares jumped up to 6% after the animal healthcare company reported a sharp rise in Q1 profit, driven by an exceptional gain from the restructuring of a Gates Foundation loan.

Revenue increased 10.7% to ₹783 crore from ₹707 crore, while EBITDA climbed 8.2% to ₹227.8 crore from ₹210.5 crore. EBITDA margin eased to 29.1% from 29.8% a year ago.

From strong Q1 earnings beats to margin pressures, here’s a complete look at what drove today’s biggest Nifty 500 movers and how each stock stacks up against its 52-week levels. Check out which stocks were moving the Nifty 500 at…

L&T’s order on Thursday is its fifth consecutive day of order announcements. The company reported mixed June quarter earnings, with its EBITDA missing estimates. However, its order inflow delivered a positive surprise.

Redington’s growth was led by the Singapore, India and South Asia (SISA) business, where revenue rose 63% year-on-year. Within the segment, the Mobility Solutions Group grew 88%, Technology Solutions Group expanded 57%, Software Solutions Group increased 42%, while End Point…

Despite achieving its order book target within the first quarter, MTAR Tech retained its FY27 guidance of 80% revenue growth and an EBITDA margin of 24%. It said the June quarter performance was in line with its outlook and that…

The company trimmed its CY26 revenue growth guidance to 6-7%, down from its earlier outlook of at least 7.6%, citing delays in deal ramp-ups and a weaker macroeconomic environment. Despite the guidance cut, Hexaware reiterated its EBIT margin guidance of…

The Seattle-based company now expects global same-store sales growth of around 6%, up from its previous forecast of about 5% or higher. It also expects adjusted earnings per share of $2.55 to $2.65, compared with its earlier guidance of $2.25…

Indian rupee gains against US dollar, supported by RBI intervention. Fed policy and crude oil prices remain key factors for currency outlook.