Tata Motors delivered a stronger June quarter, with PAT rising sharply and EBITDA margins widening despite sequential revenue pressure. Commercial vehicle wholesales jumped 26% year on year, while electric small commercial vehicles reached their highest-ever performance. The company also generated…
Shares of Astral Ltd ended at ₹1,458.95, down by ₹35.95, or 2.53%, on the BSE.
Bengaluru-based Hindustan Aeronautics beat CNBC-TV18 estimates on profit, revenue and EBITDA in Q1 FY27, with margins also ahead of expectations. Shares jumped 3% after the results as the defence major reported broad-based growth.
Grasim Industries delivered a strong June quarter, with profit rising 51% and EBITDA up 28% on revenue-led growth and better cost efficiencies. Birla Opus and Birla Pivot continued to scale, while cement drove the building materials business.
Revenue rose 3% to ₹9,018 crore in the June quarter, but higher expenses and weaker profitability in the nutrient and sugar businesses dragged on earnings.
The Nifty Bank gained 440 points to 57,886, closing at the day’s high, while the Nifty Midcap index rose 180 points to 64,024. The Midcap Index ended lower but continued to outperform the benchmark indices.
PI Industries said exports continue to operate in a challenging environment. The company plans to launch 4-5 new molecules in FY27, while its pharma business remains focused on accelerating growth across Brazil, Mexico, Europe and the US.
N Chandrasekaran on Wednesday decided to step down as the chairman of the conglomerate after his second five-year term ends in February 2027.
Marksans Managing Director Mark Saldanha said Q1FY27 marked a strong start to the financial year, with quarterly EBITDA reaching a record ₹213 crore and PAT at around ₹159 crore. The company’s UK and Europe formulation business reported its highest-ever quarterly…
Jyothy Labs’ revenue from operations increased 3% to ₹773.4 crore from ₹751.2 crore a year earlier.