Tata Communications Q1 Results: Cons PAT falls 43% YoY to Rs 190 crore, revenue up 7%
Tata Communications reported a 43% YoY drop in Q1FY26 net profit at Rs 190 crore. Revenue rose 7% to Rs 5,960 crore. Sequentially, profit plunged 82%, with mixed performance across key business segments like data, voice, and transformation services.
Sterling and Wilson Q1 Results: Cons PAT skyrockets 680% YoY to Rs 39 crore, revenue soars 93%
Sterling and Wilson Renewable Energy reported a 680% YoY surge in Q1FY26 net profit to ₹39 crore, driven by a 93% revenue increase to ₹1,762 crore. EBITDA rose 176% YoY. Sequentially, profit and revenue dipped, but operational efficiency and execution remain strong.
Rs 700 crore IndiQube IPO to open on July 23
IndiQube Spaces’ ₹700 crore IPO opens July 23, comprising ₹650 crore fresh issue and ₹50 crore OFS by promoters. Proceeds will fund expansion, debt repayment, and general corporate purposes. Anchor bidding begins July 22.
Nuvoco Vistas Q1 profit surges to Rs 133 crore on higher sales, flat costs
Nuvoco Vistas reported a sharp jump in Q1FY26 profit to ₹133 crore from ₹2.84 crore a year ago, driven by 9% revenue growth and stable expenses. Cement sales hit 5.1 million tonnes and EBITDA reached ₹533 crore, the highest ever for Q1. The company also reduced debt significantly year-on-year, excluding new borrowings for the Vadraj […]
ULLU launches UlluCoin, marks entry into Web3 with backing from Cypher Capital
Indian OTT platform ULLU has launched UlluCoin, a utility token to boost user engagement and content access using blockchain. Backed by Cypher Capital and powered by Chainsense, the token will offer fan rewards, premium unlocks, and global crypto usability. Initial distribution is via app and official website.
Zepto co-founder Kaivalya Vohra leads Avendus-Hurun India list of Under-30 entrepreneurs
Kaivalya Vohra and Aadit Palicha of Zepto top the first Avendus Wealth Hurun India 2025 Under-30 list, featuring 79 young entrepreneurs. The list spans multiple sectors, highlights Mumbai’s dominance, and notes over $5 billion in funding raised. Only six women made the list, underscoring gender disparity.
Tata Group-owned Indian Hotels Q1 Results: Net profit rises 26% to Rs 329 crore
Tata Group-owned Indian Hotels Company Limited (IHCL) on Thursday reported a 26.56 per cent rise in its consolidated net profit to Rs 329.32 crore in the first quarter of FY26.
South Indian Bank Q1 profit rises 9.5% to Rs 322 crore despite surge in provisions
South Indian Bank reported a 9.5% YoY rise in Q1FY26 net profit to Rs 322 crore, aided by a 47% surge in non-core income. Despite nearly doubling provisions, the bank’s pre-provision operating profit rose 32% and asset quality improved.
Muted Q1 earnings expected, but hopes pinned on second-half recovery led by oil, cement and consumer demand: Mahesh Patil
Mahesh Patil of ABSL AMC anticipates a narrow market range driven by stock-specific performance, where strong earnings are rewarded. While sectors like banking, IT, and auto may see muted growth, oil & gas and cement could outperform.
Unsecured loan demand to rebound in H2, aiding margin recovery: Nitin Aggarwal
Nitin Aggarwal of MOFSL anticipates a recovery in credit growth, projecting 11.5% for the year, driven by retail and corporate demand in the second half. He expects mid-sized private banks like RBL and Bandhan to normalize earnings, with PSU banks showing resilience in fresh loan yields. While slippages may marginally increase, overall credit costs are […]