Tube Investments reported a rise of 84% in net profit, reaching Rs 251 crore. Pfizer India saw a marginal increase in net profit to Rs 130 crore. Kalyan Jewellers’ consolidated revenue for the quarter stood at Rs 3,382 crore, an 18% YoY growth. Karur Vysya Bank reported a 64% YoY increase in net profit to Rs 1,106 crore.
Why Indians need active portfolio management to create real wealth
Recent analysis of over 400,000 mutual fund portfolios reveals that 65% fail to meet their benchmarks, causing long-term wealth erosion, especially for High Net-Worth Individuals