Aeroflex Industries shares: The flexible flow solutions manufacturer reported a 42.22% decline in net profit to ₹7.17 crore for Q1 FY26, compared to ₹12.41 crore in the same quarter last year. Revenue for the June quarter also fell by 6.04% to ₹84.33 crore from ₹89.75 crore in Q1 FY25, indicating subdued demand despite the company’s export-focused business and global customer base.
Banks unlikely to reduce deposit rates despite RBI easing
Following the latest repo rate decrease, bankers foresee only slight adjustments to deposit rates. The landscape, characterized by sluggish savings yields and elevated credit-deposit ratios,