Search results for 'FY'

Bharti Airtel's Q4 net profit drops 33.5% to Rs 7,325 crore due to one-time provisions

Bharti Airtel's Q4 net profit drops 33.5% to Rs 7,325 crore due to one-time provisions

Rediff.com13 May 2026

Bharti Airtel reported a 33.5 per cent decline in consolidated net profit to Rs 7,325 crore for the March 2026 quarter, primarily attributed to one-time provisions for statutory and tax liabilities.

Rising Fuel Prices, Monsoon Worries Pressure India's Consumption Stocks

Rising Fuel Prices, Monsoon Worries Pressure India's Consumption Stocks

Rediff.com5 days ago

India's consumption stocks, which have outperformed the broader market, are now facing significant pressure due to a gradual rise in fuel prices and the potential for higher inflation. Analysts warn that companies may be forced to pass on increased input costs to consumers, potentially hurting demand across both staples and discretionary categories, with a looming threat of deficient monsoon rainfall further exacerbating inflationary concerns.

TaMo PV profit slumps 32% on JLR headwinds

TaMo PV profit slumps 32% on JLR headwinds

Rediff.com15 May 2026

Tata Motors' MD and CEO, Girish Wagh, has identified rising diesel prices as the most significant threat to India's commercial vehicle (CV) industry recovery, despite the sector recently surpassing its pre-FY19 wholesale peak. Diesel costs account for 25-50% of a truck operator's total cost of ownership, making any increase a critical concern for fleet economics.

NPCI Bhim Aims To Double Market Share

NPCI Bhim Aims To Double Market Share

Rediff.com6 days ago

NPCI BHIM Services Ltd is expanding the BHIM app to feature phones to increase financial inclusion and diversify revenue through financial product distribution. The app aims to double its market share and is focusing on partnerships with banks and new features like UPI Circle.

Two- and Three-wheeler EV Startups Petition PM For PLI Scheme Inclusion

Two- and Three-wheeler EV Startups Petition PM For PLI Scheme Inclusion

Rediff.com1 days ago

India's home-grown EV startups say the government's auto PLI scheme is helping big players while shutting out innovators building electric two- and three-wheelers from scratch.

Godrej Properties to raise Rs 3,000 crore via NCDs

Godrej Properties to raise Rs 3,000 crore via NCDs

Rediff.com5 May 2026

Godrej Properties Limited (GPL) reported its highest-ever quarterly profit of 649.5 crore in Q4 FY26, a 70.13 per cent year-on-year increase, driven by record revenues and bookings. The company aims for over 39,000 crore in residential bookings for FY27 and plans to raise up to 3,000 crore through debt securities.

Why Paytm Shares Soared After Profit Announcement

Why Paytm Shares Soared After Profit Announcement

Rediff.com7 May 2026

Shares of One97 Communications, which operates the Paytm brand, experienced a significant jump after the company reported a consolidated profit for the January-March quarter.

BSE Q4 Results 2026: Profit Jumps 61%, Revenue Soars 85%, Rs 10 Dividend Announced

BSE Q4 Results 2026: Profit Jumps 61%, Revenue Soars 85%, Rs 10 Dividend Announced

Rediff.com8 May 2026

Leading stock exchange BSE Ltd announced a 61 per cent increase in consolidated net profit to Rs 795.47 crore for the March quarter, driven by higher income, and reported its highest-ever performance in its 150-year history for the full financial year 2025-26.

Why rupee is among the most vulnerable Asian currencies

Why rupee is among the most vulnerable Asian currencies

Rediff.com3 days ago

The Indian rupee is highly vulnerable among Asian currencies, with Barclays and MUFG warning of a potential depreciation towards 100/$ if the West Asia conflict persists, driven by widening current account deficits and elevated crude oil prices.

DMart valuation cart full: Little room for upside

DMart valuation cart full: Little room for upside

Rediff.com5 May 2026

Shares of Avenue Supermarts, operator of DMart, fell 5.2 per cent after reporting mixed Q4 FY26 results, with brokerages offering divergent 'sell', 'buy', and 'hold' ratings based on factors like valuation, competitive intensity, and store expansion strategies.

Hyundai Motor India's Q4 Profit Declines 22.2% to Rs 1,255.63 Crore

Hyundai Motor India's Q4 Profit Declines 22.2% to Rs 1,255.63 Crore

Rediff.com8 May 2026

Hyundai Motor India Ltd reported a 22.22 per cent decline in consolidated profit after tax to Rs 1,255.63 crore in the March quarter, primarily due to higher expenses, despite an increase in total revenue from operations.

M&M in high gear on SUV growth, product pipeline; analysts bullish despite margin pressure

M&M in high gear on SUV growth, product pipeline; analysts bullish despite margin pressure

Rediff.com7 May 2026

Mahindra & Mahindra (M&M) is largely bullish among analysts following its Q4FY26 results, driven by strong SUV demand, a robust product pipeline, and improving growth visibility across segments, despite near-term margin pressures from rising commodity costs and potential weakness in the tractor cycle.

US-Iran Negotiations, Crude Oil Prices to Dictate Indian Stock Market Trends

US-Iran Negotiations, Crude Oil Prices to Dictate Indian Stock Market Trends

Rediff.com2 days ago

Indian stock markets are set to be influenced by developments in US-Iran negotiations, crude oil prices, and foreign investor activity in the upcoming holiday-shortened week, according to market analysts.

India is now world's largest market for Nestle's KitKat

India is now world's largest market for Nestle's KitKat

Rediff.com17 May 2026

India has emerged as the largest global market for Nestle's iconic KitKat chocolate-coated wafer bar, surpassing other nations due to strong consumer penetration, product innovation, and aggressive marketing investments.

Oil PSUs Spent 81% Of FY26 Capex Target

Oil PSUs Spent 81% Of FY26 Capex Target

Rediff.com23 Feb 2026

Of the 1.32 trillion capex target for FY26, State-run oil firms have already spent 1.07 trillion in the first 10 months.

How AI Will Reshape The IT Services Industry, According To Coforge

How AI Will Reshape The IT Services Industry, According To Coforge

Rediff.com7 May 2026

Coforge believes that the rapid adoption of AI is disrupting the traditional labour model but also creating new high-margin opportunities in the IT services industry.

Paytm Turns Profitable, Focuses On AI Integration

Paytm Turns Profitable, Focuses On AI Integration

Rediff.com7 May 2026

Fintech giant Paytm reports a consolidated profit of Rs 183 crore in Q4 FY26, marking a significant turnaround driven by its core payments business, growth in loans, and consumer-side profitability. The company is also prioritising investments in AI and has ruled out applying for an NBFC licence.

RBI poised for record dividend payout, boosting government's fiscal strength

RBI poised for record dividend payout, boosting government's fiscal strength

Rediff.com13 May 2026

The Reserve Bank of India (RBI) is anticipated to make its highest-ever dividend payment to the government this year, providing a significant fiscal boost to address challenges, including those stemming from the ongoing Middle East crisis.

Bajaj Auto gears up for festival season with new Pulsar models

Bajaj Auto gears up for festival season with new Pulsar models

Rediff.com8 May 2026

Bajaj Auto is set to launch new Pulsar motorcycles in the 125cc and 150-250cc segments in Q2 FY27, aiming to capitalise on the upcoming festival season surge. This move follows strong growth in the 150cc-plus segment, where refreshed Pulsar models already account for over 50 per cent of Bajaj's sales.

PV sales growth may dip up to 5% in FY27: India Ratings

PV sales growth may dip up to 5% in FY27: India Ratings

Rediff.com6 Mar 2026

Passenger vehicle (PV) sales growth in India is expected to moderate to 3-5 per cent year-on-year (Y-o-Y) in financial year 2027 (FY27) due to a high base and preponed replacement demand, according to a report released by India Ratings and Research on Thursday.

Biocon eyes in-licensing to boost biosimilars portfolio, targets margin expansion

Biocon eyes in-licensing to boost biosimilars portfolio, targets margin expansion

Rediff.com9 May 2026

Biocon is actively seeking in-licensing opportunities to expand its biosimilars portfolio, focusing on products that complement existing therapy areas, as the company shifts to a 'consolidate' phase with a strong emphasis on improving capacity utilisation, expanding margins, and driving return on capital employed.

Indian Carmakers Kick Off FY27 with Robust 27% Sales Surge in April

Indian Carmakers Kick Off FY27 with Robust 27% Sales Surge in April

Rediff.com1 May 2026

Indian carmakers experienced a robust start to the new fiscal year, with an estimated 4.5 lakh passenger vehicles sold in April, marking a 27 per cent increase year-on-year, attributed to factors like GST 2.0, repo rate cuts, and income tax benefits.

Increasing the number of policy sales will be a key focus area for SBI Life

Increasing the number of policy sales will be a key focus area for SBI Life

Rediff.com6 May 2026

"Policy sales will be one of the focus areas for the company because looking at the large insurance gap, large number of people being uncovered. The only right way to go is to increase the number of policies," said Amit Jhingran, MD & CEO, SBI Life Insurance.

Maruti Suzuki shares gain on strong domestic outlook despite margin concerns

Maruti Suzuki shares gain on strong domestic outlook despite margin concerns

Rediff.com8 May 2026

Maruti Suzuki India's shares gained over 2.5 per cent after a strong March-quarter performance, with analysts maintaining a positive medium-term outlook driven by buoyant domestic market volumes, capacity expansion, and export growth, despite anticipated near-term margin pressures from higher commodity prices and startup costs.

L&T reports 3% decline in profit; revenue up 11%

L&T reports 3% decline in profit; revenue up 11%

Rediff.com6 May 2026

Infrastructure major Larsen & Toubro (L&T) reported a 3 per cent year-on-year decline in consolidated net profit for Q4 FY26, reaching 5,325.60 crore, primarily due to exceptional gains in the previous year. Despite this, the company's consolidated order book surged by 28 per cent to 7.4 trillion, with international orders accounting for 52 per cent.

Mahindra & Mahindra Reports Robust Q4 Profit Growth, Outlines Ambitious Expansion Plans

Mahindra & Mahindra Reports Robust Q4 Profit Growth, Outlines Ambitious Expansion Plans

Rediff.com5 May 2026

Mahindra & Mahindra Ltd reported a significant 48.5 per cent jump in consolidated profit after tax to Rs 5,259.91 crore in the March quarter, primarily attributed to strong performance in its auto and farm sectors, alongside ambitious plans for new SUV and EV launches.

Tata Sons board concludes meeting amid rising internal frictions

Tata Sons board concludes meeting amid rising internal frictions

Rediff.com4 hours ago

A board meeting of Tata Sons, the holding company of the Tata conglomerate, concluded in Mumbai, with discussions likely revolving around mounting losses in unlisted businesses and the future of Chairman N Chandrasekaran amid rising internal frictions.

India's defence exports surge 63% to record Rs 38,424 cr in FY 2025-26

India's defence exports surge 63% to record Rs 38,424 cr in FY 2025-26

Rediff.com2 Apr 2026

India's defence exports reached a record high of Rs 38,424 crore in fiscal year 2025-26, marking a significant increase of over 62 per cent compared to the previous year, according to Defence Minister Rajnath Singh.

Gap Between ATM Withdrawals And Cash In Circulation Widens

Gap Between ATM Withdrawals And Cash In Circulation Widens

Rediff.com28 Apr 2026

A State Bank of India report indicates a sharp increase in precautionary cash holding in India, with the gap between per capita currency in circulation and ATM withdrawals widening significantly, driven by global uncertainties despite record digital payment transactions.

Why Paytm Is Not Pursuing An NBFC Licence

Why Paytm Is Not Pursuing An NBFC Licence

Rediff.com7 May 2026

Fintech giant One97 Communications, which operates Paytm, has decided against applying for a Non-Banking Financial Company (NBFC) licence, favouring its existing partnership model.

Iran conflict could shave off 1% point from India's FY27 GDP growth projections: EY

Iran conflict could shave off 1% point from India's FY27 GDP growth projections: EY

Rediff.com31 Mar 2026

A new report suggests that prolonged conflict in the Middle East could significantly impact India's GDP growth and inflation.

Be Prepared For Fuel Price Hike!

Be Prepared For Fuel Price Hike!

Rediff.com13 May 2026

'OMCs are incurring losses of Rs 1,000 crore per day due to the West Asia crisis.'

West Asia Crisis To Hit India's Growth Hard

West Asia Crisis To Hit India's Growth Hard

Rediff.com12 May 2026

A prolonged supply shock can transmit to lower incomes, and dampen confidence and sentiment, warns Aditi Nayar, chief economist, head-research and outreach, ICRA.

Why ED asset seizures hit record high despite fewer arrests

Why ED asset seizures hit record high despite fewer arrests

Rediff.com2 May 2026

The Enforcement Directorate (ED) reported a decrease in arrests related to money laundering cases but a significant increase in asset seizures during the last financial year. The agency also saw a rise in searches and chargesheets filed.

Why ED Arrests Dropped Despite Record Asset Seizures

Why ED Arrests Dropped Despite Record Asset Seizures

Rediff.com2 May 2026

The Enforcement Directorate (ED) in India reported a decrease in arrests related to money laundering cases during the last financial year, but the value of assets attached reached a record high. The agency attributed the changes to more targeted investigations and increased efficiency in asset recovery.

ED Returns 63,000 Crore To Victims Of Financial Crimes

ED Returns 63,000 Crore To Victims Of Financial Crimes

Rediff.com12 May 2026

The Enforcement Directorate has reported a staggering 170 per cent surge in asset attachments, reaching 81,422 crore in the last financial year (FY26), underscoring its intensified efforts against financial crimes and its significant role in restituting funds to victims.

India rules ICE bike exports, but China dominates E2Ws

India rules ICE bike exports, but China dominates E2Ws

Rediff.com7 days ago

But when it comes to e2W, China is the dominant player and had grabbed over 76 per cent share of total e2W imports in 2025 with brands like Yadea, NIU and Sunra dominating the market.

Automation nudges banks towards leaner workforce

Automation nudges banks towards leaner workforce

Rediff.com28 Apr 2026

Major Indian banks, including Axis Bank, HDFC Bank, and RBL Bank, have reported a decline in employee headcount in FY26, attributing the reductions to significant investments in technology and automation yielding productivity gains across operations.

TCS slows its dividend tap to fuel AI run

TCS slows its dividend tap to fuel AI run

Rediff.com24 Apr 2026

Tata Consultancy Services' (TCS) annual dividend payout declined to a four-year low of approximately 39,820 crore in FY26, marking its steepest decline in a decade and potentially adversely affecting Tata Sons' finances, which heavily rely on TCS's dividend income.

SBI's Q4 Profit Jumps 6% to Rs 19,684 Crore as Bad Loans Decline

SBI's Q4 Profit Jumps 6% to Rs 19,684 Crore as Bad Loans Decline

Rediff.com8 May 2026

State Bank of India (SBI) reported a 6 per cent increase in standalone net profit to Rs 19,684 crore for the fourth quarter ended March 2026, driven by a significant decline in bad loans.