Vedanta Power Q1 Results: Revenue dips 3%, exceptional loss pushes company into loss

Shares of Vedanta Power Ltd ended at ₹35.31, down by ₹0.35, or 0.98%, on the BSE.

Shares of Vedanta Power Ltd ended at ₹35.31, down by ₹0.35, or 0.98%, on the BSE.

KeyBanc Capital Markets initiated coverage on the company with an overweight rating and $225 price target. That represents a 26% gain from Tuesday’s close.

US Fed Meeting LIVE Updates: The US Federal Reserve began its two-day monetary policy meeting on July 28, with the Federal Open Market Committee (FOMC) set to announce its interest rate decision on Wednesday, July 29. The central bank is…

Dabur India reported a healthy June quarter, with profit beating Street estimates while revenue, EBITDA and margins were broadly in line with expectations. Domestic volume growth, however, came in at 5%, below CNBC-TV18’s 6-8% estimate.

The staffing company reported higher June-quarter earnings even as hiring remained subdued in its general staffing business, helped by new client additions and improved operational efficiency.

Indigo reported a net loss of ₹2,394 crore in FY26, compared with a profit of ₹7,258 crore in the previous year. It incurred an additional ₹1,139 crore in costs due to the implementation of India’s new labour codes, while operational…

The Indian currency gained 16 paise against the US dollar, helped by strong domestic equities, foreign investor inflows and a weaker dollar ahead of the US Federal Reserve’s policy decision.

The drugmaker reported double-digit growth in revenue and profit for the June quarter, even as rising costs squeezed operating margins.

Vedanta Oil & Gas announced a gas discovery at the Kaam BCP-1ST well in the Kameshwari Graben area of the RJ-ON-90/1 block in Rajasthan’s Barmer Basin. It said detailed technical and commercial evaluation of the discovery is underway.

The housing finance company reported strong June-quarter earnings, helped by steady loan growth, lower provisions and stable asset quality.