SAIL Q3 Results: Cons PAT falls 66% to Rs 142 crore, revenue up 5%

Steel Authority of India (SAIL) reported a 66% drop in standalone net profit at Rs 142 crore for Q3FY25, compared to Rs 422 crore a year ago. Revenue rose 5% to Rs 24,490 crore. Expenses increased, and profit after tax fell 84% sequentially. SAIL Chairman emphasized a focus on boosting production and addressing import issues […]

Urban Indians save more but struggle to meet financial goals, survey finds

A survey on urban Indians’ financial behavior in 2024 reveals strong saving habits but limited success in achieving financial goals. Despite 67% saving over 20% of their income, poor financial literacy and planning remain major hurdles. Mutual funds are the most popular investment choice, and 67% of respondents plan to increase investments in 2025.

Ircon Q3 Results: PAT slumps 65% YoY to Rs 86 crore, revenue down 11%

Ircon Q3 Results: Ircon International reported a 65% drop in Q3 net profit to ₹86 crore, with revenue declining 11% YoY. EBITDA and profit before tax also fell sharply. The company announced a ₹1.65 interim dividend and highlighted India’s infrastructure growth prospects.

EIH Associated Hotels shares slide 5% after Q3 results

EIH Associated Hotels shares fell 5.1% amid a broader market selloff despite a 5.4% rise in Q3 net profit to Rs 39.91 crore. Revenue grew 5% to Rs 133 crore, but margins slipped to 40.5%. The stock remains under pressure, down 18.8% in six months.