In the first quarter of the 2024-25 financial year, India Inc has reported mixed earnings. As the earnings season comes to a close, around 50 companies listed on the NSE and BSE are set to announce their Q1 FY25 results this week, from August 12 to August 17. Investors and analysts are eagerly anticipating how …
Several widely followed companies, including Vodafone Idea, Hindustan Aeronautics (HAL), Mazagon Dock, Hero MotoCorp, IRFC, IRCTC, HUDCO, Apollo Hospitals, Samvardhana Motherson, GMR Airports Infrastructure, Nykaa, and Ola Electric will be releasing their June quarter report cards this week. Here’s the list: 12th August AIA Engineering, Balrampur Chini Mills, Borosil Renewables, Campus Activewear, Cera Sanitaryware, DOMS …
In its recent June quarter (Q1FY25) earnings preview note, domestic brokerage house Motilal Oswal Financial Services (MOFSL) predicted that the Nifty50 earnings are likely to grow by 4 percent percent on a year-on-year (YoY) basis. Excluding global commodities like Metals and Oil & Gas (O&G), the Nifty is anticipated to report a 10 percent YoY …
Leading hospital chain Apollo Hospitals on Thursday reported 77% growth in its consolidated net profit to Rs 258 crore for the fourth quarter ended March 2024. Revenue from operations in the January-March 2024 period increased 15% year-on-year to Rs 4,944 crore. The company’s board has recommended a final dividend of Rs 10 per share for …
Narayanan Vaghul, the banker who sowed the seeds of financial supermarket ICICI Group and was instrumental in familiarizing India with modern banking, passed away on Saturday at the age of 88. Vaghul died at the Apollo Hospitals in Chennai after becoming unconscious, having slipped at home a few days ago, a family member told ET. …
The FOMC’s decision to hold interest rates steady at 5.25-5.5% reflects confidence in the US market’s upward economic trajectory. Despite maintaining a forecast of lowering rates to 4.6% by 2024, the latest “dot plot” indicates a shift in expectations, with fewer members anticipating multiple rate cuts this year. With signs of economic resilience and a …
New Delhi: The sharp drop in temperatures, especially in the North, is driving up sales of cardiac drugs, followed by anti-infectives and those used for gastro-intestinal problems and diabetes, according to a report by Pharmarack, a data analytical company for the pharma industry. The report said there was a major demand of drugs associated with …