BEL Q2 Earnings Results FY25: Bharat Electronics Limited (BEL), a prominent Navratna PSU under the Ministry of Defence, is set to announce its Q2 earnings soon. As a leading manufacturer of electronic systems for defence and other sectors, BEL has shown significant growth in recent quarters. Also ReadQ2 Results 2024: Adani Power, Sapphire Foods, Tata
Hindustan Unilever (HUL) on Wednesday announced the company board’s decision to separate its ice cream business, following a thorough evaluation by a committee of independent directors. “The Board had constituted a committee of Independent Directors of the Company (Independent Committee) to evaluate the way forward for the Business. The Board’s decision to separate is in line
Hindustan Unilever Ltd (HUL) on Wednesday reported its fiscal second quarter earnings with a profit decline of 2.4 per cent at Rs 2591 crore in comparison to Rs 2656 crore during the corresponding quarter of FY24, missing estimates. It posted revenue from operations at Rs 15,926 crore, up 2.2 per cent as against Rs 15,587
Zomato posted another robust quarter with Q2 revenue of Rs 4799 crore led by growth in Blinkit, Hyperpure and Going Out segments, even as the Food Delivery segment continued on its steady path. Zomato’s food delivery GOV grew at a steady pace of 21 per cent, Blinkit grew at a healthy pace of 122 per
Q2 Earnings Result 2024-25: The Q2 earnings season is underway. Several notable companies will announce their Q2 earnings in the upcoming week from October 28 to November 2. From the earnings announcement of major firms, including Adani Power, Bharti Airtel, and Maruti Suzuki to Tata Technologies and Adani Enterprises, these firms will present their Q2
JSW Energy Limited on Wednesday announced that its step-down subsidiary JSW Renew Energy Eleven Limited has signed Power Purchase Agreement (PPA) with Solar Energy Corporation of India Limited (SECI), for ISTS connected 700 MW solar capacity awarded under SECI Tranche XIII. In a regulatory filing, the company said that the PPA is signed for supply
By Bharat Gite India’s manufacturing sector stands at a pivotal juncture today. We aim to increase the sector’s GDP contribution to 25% by 2025. Simultaneously, a powerful convergence of Industry 4.0 technologies and ESG requirements is reshaping the industry. For manufacturers in India, this shift is not optional any more. It is a strategic necessity
Indian apparel exporters are expected to register a revenue growth of 9-11 per cent in FY2025, stated a report by ICRA. This, it added, will primarily be driven by the gradual liquidation of retail inventory in the key end markets and a shift in global sourcing to India, a part of the de-risking strategy adopted
The quick commerce companies in India are likely to report higher losses in the January-March quarter as compared to October-December quarter, owing to higher costs to tackle rising competition in the sector, according to analysts. “Most investors expect Q4 quick commerce losses to be higher than Q3,” BofA Securities said in a recent note. Analysts
The Central Board of Direct Taxes entered into 174 advance pricing agreements with Indian taxpayers in FY25. The number sets a new record for the agency and includes unilateral APAs, bilateral APAs and multilateral APAs. This also takes the total number of APAs signed since the inception of the program to 815. According to details shared
Adani Group plans to raise $4 -5 billion for its projects in Khavda and Mundra in Gujarat in the next few months, said sources familiar with the matter. Adani is building a 30 GW renewable energy park in Khavda, Gujarat, which will be the largest renewable energy park in the world. The plant will produce
Aditya Birla Real Estate (ABREL), formerly known as Century Textiles and Industries, has sold Century Pulp and Paper (CPP), located in Lalkuan, Uttarakhand, to ITC for Rs 3,498 crore through a lump-sum sale. ALSO READImported coal-based power plants may see tech upgrade to use local fuel JM Financial Limited acted as the exclusive financial advisor
Haldirams on Monday announced that the UAE’s International Holding Company (IHC) and Alpha Wave Global would invest in the business in the ongoing round, which also saw participation from Singapore’s Temasek. The company did not disclose the stake these two companies would acquire. However, industry sources suggested that they are likely to get around 5-6%
