Latest business news
Vodafone Idea on Friday reported narrowing of its net losses during the fourth quarter of FY25, along with its board of directors approving raising funds of up to ₹20,000 crore. The beleaguered telecom company, Vodafone Idea posted a consolidated net loss of ₹7,166.1 crore during the quarter ended March 2025, down from a loss ₹7,674.6…
Ola Electric Q4 Results: Two-wheeler electric vehicle (EV) manufacturer Ola Electric on Thursday, May 29, informed that its consolidated net loss for the January-March (Q4) quarter of the financial year 2024-25 more than doubled to ₹870 crore amid a sharp decline in topline. The net loss in the corresponding quarter last year stood at ₹416…
Shares of Brainbees Solutions, the parent company of FirstCry, came under pressure on Tuesday, May 27, slipping nearly 6 percent in intra-day trade after the company reported a sharp rise in net loss for the quarter ended March 2025 (Q4FY25). The disappointing quarterly results weighed heavily on investor sentiment, overshadowing positive developments in the company’s…
Grasim Industries Q4 Results: Grasim Industries, the flagship company of the Aditya Birla Group, reported a net loss of ₹288 crore for Q4FY25, narrowing from ₹441 crore in the year-ago period. Revenue grew 31.9% year-on-year to ₹8,926 crore, ahead of the estimated ₹8,675 crore. However, operating performance lagged expectations. EBITDA came in at ₹221 crore,…
IndusInd Bank on Wednesday reported a net loss of ₹2,328.9 crore on a consolidated basis for the fourth quarter ended March 31, 2025, mainly on account of higher provisioning and lower income. The private sector bank has been embroiled in accounting lapses, fraud in microfinance portfolio and balance sheet disclosures during the March quarter of…
By Chris Prentice and Stella Qiu NEW YORK/SYDNEY (Reuters) -Wall Street gained on Friday, as European shares climbed to a fifth straight weekly gain on upbeat earnings that helped sustain the rally sparked by a U.S.-China trade truce. Gold prices were set for their biggest weekly loss since November. Oil futures notched a weekly gain…
UPL Q4 Results: Agrochemical firm, UPL Ltd, on Monday, May 12, posted a ₹1,079 crore profit for the fourth quarter of the financial year 2024-25 (Q4 FY25), as against a loss of ₹80 crore in the corresponding quarter last year. The company’s board, along with its financial results, also approved the dividend payment. Board has…
Swiggy Q4 Results: Food delivery and quick-commerce company Swiggy on Friday, May 9, reported a consolidated loss of ₹1,081.18 crore for Q4FY25, which was almost double (95 per cent) from a loss of ₹554.77 crore reported in the same quarter of the previous financial year. The company’s revenue from operations, however, jumped 44.8 per cent…
Swiggy Ltd, the food delivery and quick commerce company, is set to report its Q4 results tomorrow, May 9. Ahead of the Q4 results, Swiggy share price declined more than 3% on Thursday. The board of directors of Swiggy is scheduled to meet on 9 May 2025 to consider and approve financial results for the…
Paytm’s parent firm, One 97 Communications, on Tuesday, May 6, reported a consolidated loss of ₹539.8 crore for the March quarter (Q4) of FY25 against a loss of ₹549.6 crore in the same quarter last year. Consolidated revenue from operations for the quarter under review dropped 15.7 per cent year-on-year (YoY), coming at ₹1,911.5 crore…