 |
|
|
|||||
Power Finance Corp reported a strong rise in fourth-quarter and full-year earnings for FY26, supported by higher interest income, improved fee income and a reversal in impairment provisions. Lower credit costs and steady growth in core lending operations helped the state-run power sector financier deliver improved profitability despite higher finance costs.
Category:
News and Media
Shares of gold financiers Manappuram Finance, Muthoot Finance and IIFL Finance rallied sharply after the government raised import duty on gold to 15%, triggering a surge in domestic gold prices. Higher gold prices improve collateral value for gold loans, potentially boosting lending demand and benefiting companies focused on gold-backed financing businesses.
Category:
News and Media
The Indian rupee hit a new all-time low on Wednesday, falling 0.1% to 95.7450 per dollar. This decline was driven by consistent overseas debt repayments and importer hedging, overshadowing any relief from increased duties on precious metal imports. The ongoing U.S.
Category:
News and Media
Cipla Ltd announced a significant 55% year-on-year drop in its consolidated net profit for the fourth quarter, reaching Rs 555 crore. This contrasts with Rs 1,222 crore reported in the same period last year. The company's Board has recommended a final dividend of Rs 13 per share for the fiscal year ending March 2026.
Category:
News and Media
Berger Paints India saw its shares surge following a robust Q4 FY26 profit jump of over 27%, driven by strong sales volumes and better margins. Despite global uncertainties, the company anticipates continued growth fueled by construction chemicals and new product launches, with price adjustments expected to bolster profitability.
Category:
News and Media
Sites : [1] [2] [3] [4] [5] [6] [7] [8] [9] [10] [11] [12] [13] [14] [15] [16] next »