FMCG company Britannia Industries reported 21% year-on-year (YoY) growth in its consolidated net profit at Rs 678 crore in the fourth quarter, compared with Rs 560 crore in the year-ago quarter. The company’s board has also recommended a final dividend of Rs 90.5 per share. Revenue from operations increased 6% YoY to Rs 4,719 crore. […]
Suryoday Small Finance Bank reports Q4 profit at Rs 49 crore
Suryoday Small Finance Bank reported a net profit of Rs 49.7 crore for the fourth quarter ending March 31 as against a net loss of Rs 33.8 crore in the year ago period. It earned a net profit of Rs 36.6 crore in the December 2025 quarter. Its operating profit stood higher at Rs 107 […]
Kennametal India Q4 revenue jumps 39% to Rs 403 crore, net profit doubles to Rs 51 crore
Kennametal India‘s revenue rose 39% to Rs 403 crore in the quarter ended March 2026, while net profit more than doubled to Rs 51 crore, as demand for hard metal products remained robust. The Bengaluru-based industrial toolmaker had posted revenues of Rs 290 crore and a net profit of Rs 24 crore in the same […]
Sebi discontinues investor risk reduction access platform for stock brokers
Market regulator Sebi on Thursday discontinued the Investor Risk Reduction Access (IRRA) platform for stock brokers with immediate effect, citing its redundancy amid stronger business continuity and cyber resilience frameworks in the securities market. The IRRA platform, operationalised on October 1, 2023, was designed to provide stock brokers with an alternative access point for trading […]
Dabur Q4 Results: Cons PAT rises 15% YoY to Rs 369 crore, revenue up 7%; Rs 5.50 per share dividend announced
FMCG major Dabur India reported a consolidated net profit at Rs 369 crore in the March-ended quarter versus Rs 320 crore in the year ago period, implying a 15% uptick. The profit after tax (PAT) is attributable to the owners of the holding company. The company’s revenue from operations in Q4FY26 was up 7.3% at […]
RBI clears Kotak Mahindra Bank to buy up to 9.99% in Federal Bank
Federal Bank on Thursday said the Reserve Bank of India (RBI) has approved Kotak Mahindra Bank to acquire an aggregate holding of up to 9.99% in the private lender, a move that could make Kotak one of Federal Bank’s largest institutional shareholders. In an exchange filing dated May 7, Federal Bank said it received an […]
Bonus issue alert! Brigade Enterprises set to reward 1.5 lakh retail shareholders, check details
Bengaluru-based real estate developer Brigade Enterprises has announced a bonus issue in the ratio of 1:3 for its shareholders, marking the first such corporate action in around seven years. While announcing its Q4 results on Wednesday, Brigade Enterprises announced that its board of directors has approved the plan to issue one bonus share with a […]
Coal India shares fall 3% after report says govt likely to sell Rs 10,000-crore stake via OFS
Shares of Coal India dropped 3% on Thursday after a report said that the central government is planning to sell a 3-4% stake in the PSU company for nearly Rs 10,000 crore via the offer for sale (OFS) route. The government is expected to offer the shares at an attractive discount to the current market […]
ET Alpha Wealth Summit: How AI, volatility and global trends will shape D-Street’s next move
Covid-19 came in as one of the biggest challenges markets had faced in years, but D-Street turned the crisis on its head and emerged stronger than ever. But just when everything seemed on track, another roadblock appeared – US President Donald Trump’s tariff move. Uncertainty over shifting trade duties rattled investors again. The chaos was […]
Bajaj Auto announces Rs 5,633-crore share buyback at 16% premium: Check key things to know
Two-wheeler major Bajaj Auto on Wednesday announced its biggest-ever share buyback worth Rs 5,633 crore at a buyback price of Rs 12,000 per share, offering more than 16% premium over the stock’s previous closing price.Bajaj Auto’s board approved a plan to buy back up to 46.94 lakh shares, each with a face value of Rs […]