Adani Ports This fall outcomes: Internet revenue rises 76% y-o-y

Adani Ports and Particular Financial Zone reported a internet revenue of ₹2,039.7 crore in This fall of FY24, up 76 per cent on yr whereas income rose 19 per cent to ₹6,897 crore on the again of 26 per cent cargo quantity development. The nation’s largest port operator has guided for FY25 cargo quantity within … Read more

Mphasis experiences 2.9% y-o-y revenue decline at 393.22 cr

IT agency Mphasis recorded a 2.9 per cent year-on-year (y-o-y) internet revenue decline at ₹393.22 crore for the fourth quarter. On a sequential foundation, income rose by 5.2 per cent. Income from operations stood at ₹3,412 crore, a 1.5 per cent y-o-y decline and a pair of.2 per cent fall on a quarter-on-quarter (q-o-q) foundation. … Read more

Axis Financial institution seen again in black in This fall on wholesome progress, margins to say no

Axis Financial institution is seen posting a web revenue of over ₹5,500-6,000 crore in This fall FY24 as towards a web lack of ₹5,728 crore within the yr in the past interval because of the one-time hit of ₹12,490 crore from the acquisition of Citibank’s client enterprise. Nonetheless, sequentially, the expansion in revenue might be … Read more

Reliance Jio’s This fall revenue up 12 per cent

Reliance Jio Platforms reported a 12 per cent improve in its consolidated internet revenue for the fourth quarter ended March 31, 2024 to ₹5,583 crore in comparison with ₹4,984 crore in the identical quarter final yr. Income from operations was up 13.4 per cent to ₹28,871 crore in comparison with ₹25,465 crore. “Efficiency of the digital … Read more

TCS This fall outcomes: Web revenue rises 9.1% to ₹12,434 crore, income grows 3.5%

Nation’s largest software program providers firm TCS on Friday reported a 9.1 per cent progress in its March quarter web revenue at ₹12,434 crore. The Tata Group firm’s publish tax revenue in the course of the January-March interval final yr stood at ₹11,392 crore. Within the fiscal yr 2023-24, the corporate’s web revenue grew 9 … Read more

Economic system might need grown by 6% throughout October-December quarter, says ICRA

Slower progress in business and agriculture could have pushed down the expansion of the Indian financial system to six per cent through the three-month interval of October-December (Q3) in Fiscal 12 months 2023-24 (FY24), analysis company ICRA stated on Wednesday. This aligns with the Reserve Financial institution of India’s (RBI) projection of 6 per cent. … Read more

Inox eyes higher occasions forward as govt focusses on enhancing wind energy capability

Inox Wind (IWL), which turned PAT-positive in Q3 FY24, aided by macro tailwinds and a robust order e-book, expects the sector to develop exponentially on the nation’s give attention to including 100 gigawatt (GW) capability over the subsequent decade. IWL, which presents end-to-end wind energy options, is eyeing a share from round 18 GW of … Read more

Financial institution of India experiences 62% soar in Q3 internet revenue

Financial institution of India (BoI) reported a 62 per cent year-on-year (y-o-y) soar in third quarter standalone internet revenue at ₹1,870 crore towards ₹1,151 crore within the year-ago quarter. The general public sector financial institution’s bottomline was supported by a pointy decline in provision for non performing asset and write-back in provision for normal advances … Read more