LTIMindtree on Wednesday reported a consolidated web revenue of ₹1,134 crore for the quarter ended June 30, 2024 — down by 1.5 per cent from ₹1,152 crore reported by the corporate within the year-ago interval. The income from operations for the reported quarter stood at ₹9,143 crore, larger by 5 per cent y-o-y in comparison … Read more
The board of HDFC Asset Administration Firm can be assembly on Monday to think about and approve the June quarter’s monetary efficiency. Analysts expect a ten per cent improve in quarter-on-quarter AUM in Q1 FY25 for the home MF enterprise, reconsidering a pointy rally within the fairness market and benchmark indices. The fund home has … Read more
Retailer Avenue Supermarts that runs the DMart chain of hypermarkets has kicked off FY25 with a 17.5 per cent rise in internet revenue within the June quarter and 19 per cent rise in income pushed largely by groceries and staples and an enchancment typically merchandise and attire. The corporate reported a consolidated internet revenue of … Read more
Tata Consultancy Providers (TCS) is projected to attain single-digit progress in income and revenue in the course of the April-June quarter of fiscal 12 months 2024-25 (Q1FY25) in comparison with the identical interval final 12 months. This progress is attributed to a restoration within the movement of enterprise and purchasers’ willingness to renew discretionary spending. … Read more
Kerala Monetary Company, the State-based industrial financing establishment, has posted a 47 per cent rise in its web revenue to ₹74 crore in FY24 in opposition to ₹50 crore achieved within the earlier 12 months. The corporate declared a dividend of ₹36 crore to the State authorities at its 71st AGM. The AGM has additionally … Read more
Manappuram Finance Ltd has reported a consolidated revenue after tax of ₹564 crore for the fourth quarter ended March 31, 2024, a progress of 35.7 per cent in comparison with ₹415 crore reported in the identical quarter of the earlier yr. The complete-year PAT stands at ₹2,198 crore, a 47 per cent enhance. The corporate’s … Read more
Muthoot Capital Companies Restricted (MCSL) has posted a internet revenue of ₹11.68 crore for the quarter ending March 31, recording a progress of 17 per cent from Q3. In a year-on-year comparability with the identical interval of the final monetary yr, the online revenue elevated from ₹78.68 crore to ₹122.66 crore, a progress of 55 … Read more
Public sector banks’ cumulative revenue crossed ₹1.4 lakh crore within the monetary yr ended March 2024, recording a development of 35 per cent over the earlier yr on a excessive base of ₹1 lakh crore. The 12 public sector banks (PSBs) collectively had earned a web revenue of ₹1,04,649 crore in 2022-23. Out of the … Read more
LatentView Analytics, the Chennai-based knowledge analytics, consulting and options agency, reported a 32 per cent enhance in internet revenue to ₹45 crore for the fourth quarter ended March 31, 2024, as towards ₹34 crore within the corresponding quarter final yr. Income was up 20 per cent to ₹172 crore (₹141 crore). Additionally learn:VIP Industries, Kalyan … Read more
Japan’s yen hit a three-decade low on Monday earlier than rebounding in a transfer forex merchants suspected was official intervention. Assist for the forex follows a years-long slide that even Japan’s first rate of interest hike since 2007 and broad optimism concerning the economic system has did not arrest. In actual phrases, the yen has … Read more