Petronet LNG Q1 profit falls 15% sequentially as revenue drops 41%; margin expands

Petronet LNG’s June-quarter profit fell to ₹1,113 crore as revenue and EBITDA declined, but its EBITDA margin jumped to 27.6% from 19.7%.

Petronet LNG’s June-quarter profit fell to ₹1,113 crore as revenue and EBITDA declined, but its EBITDA margin jumped to 27.6% from 19.7%.

Good news for Indian investors and markets as US stocks trade higher, supported by a softer US inflation reading and gains in technology stocks. However, India’s retail inflation edged higher in July, with food inflation emerging as a key pressure…

Indian Railway Catering and Tourism Corporation (IRCTC) reported largely flat profit in the June quarter despite an 18% rise in revenue, while EBITDA declined and margins contracted sharply from a year ago.

Persistent Systems CEO Sandeep Kalra’s remuneration surged 162% to a record ₹389 crore in FY26, driven largely by stock option exercises and rupee depreciation, making him the highest-paid executive in India’s IT sector.

Bank of America will invest in Jio Credit, which has built assets under management of ₹30,667 crore within two years of starting operations.

The short-term trend of the Nifty remains choppy with a weak bias. According to analysts, any decline towards 24,300 could present a short-term buying opportunity, while 24,600 remains an immediate resistance level to watch for a turnaround.

The Tata Group is far more than TCS, Tata Motors and Tata Steel. From technology and automobiles to jewellery, retail, power, consumer products, financial services and hospitality, the conglomerate has a presence across some of India’s biggest industries. As N…

Foreign investors snapped a three-session buying streak on Wednesday, but strong domestic institutional purchases helped deliver a combined net inflow of ₹4,839 crore.

GMR Airports returned to profit in the June quarter as revenue and EBITDA rose 24%. The board also approved plans to raise up to ₹5,000 crore.

Apollo Hospitals reported a 38.4% YoY rise in Q1 FY27 net profit to ₹610 crore and revenue grew 20.6% to ₹7,044 crore, exceeding poll estimates.