State-run Power Grid Corporation of India Ltd has posted a three-fold jump in consolidated net profit for the April-June quarter thanks to a one-time gain from the sale of units of an infrastructure investment trust (InvIT). The transmission utility

Nuvoco Vistas Corporation, India’s fifth-largest cement producer that was created after Nirma Group acquired Lafarge India’s assets in 2017, opened its public issue on Monday to raise Rs 3,562.5 crore. Nuvoco is competing for investor attention

Shree Cement, the third-largest cement producer in India, doubled its consolidated net profit for the quarter ended June 30, 2021 compared with the year-ago period while its net revenue climbed almost 50. Net profit rose to Rs 667.4 crore from Rs

Aptus Value Housing Finance India Ltd’s initial public offering (IPO) began on a slow note Tuesday in a crowded primary market and as brokers remain cautiously optimistic about the mortgage lender’s share sale. Analysts are upbeat, yet cautiou

Titan Company Ltd swung to a consolidated net profit for the first quarter through June 2021from a steep loss a year earlier when a nationwide lockdown to control the Covid-19 pandemic forced it to keep its stores closed. The Tata Group company po

RBL Bank has slipped into a loss for the first quarter through June 2021 from a profit a year earlier after it set aside almost thrice the amount than before to cover for possible bad loans. The private-sector bank posted a standalone net loss of

Bandhan Bank’snet profit for the first quarter through June 2021 dropped 32, dragged down by a 62jump in provisions to cover for potential non-performing assets. The private-sector bank posted a net profit of Rs 373.1 crore for the April-June

Fast-moving consumer goods maker Dabur India Ltd reported a 28 jump in its consolidated net profit for the first quarter through June 2021 thanks to strong growth in business volumes and higher earnings margins. Net profit for the April-June peri

Auto components maker Rolex Rings Ltd made a stellar stock market debut on Monday with its shares listing at a premium of almost 39 to the issue price as benchmark indexes remain near record highs. Shares of Rolex Rings started trading at Rs 1,25

Housing Development Finance Corp (HDFC) reported a slight decline in its standalone net profit for the first quarter through June 2021, as a sharp fall in expenses offset a fall in revenue. Net profit for the April-June period fell 1.7 to Rs 3,00

State Bank of India reported a record profit for the first quarter through June 2021, helped by a sharp drop in provisions to cover potential bad loans. The nation’s biggest lender said standalone net profitjumped 55 to Rs 6,504 crorefor the Ap