Mahindra & Mahindra (M&M) Ltd reported a significant 34 per cent year-on-year increase in Profit After Tax (PAT) to Rs 5,455 crore for the June quarter, driven by strong performance in its Auto and Farm segments despite challenging macro-economic conditions.
Wipro's net profit in the first quarter saw minimal growth, rising less than one per cent to 3,352 crore, while revenue increased by 10.6 per cent to 24,480 crore. The IT services segment, a key metric, grew by only one per cent year-on-year, falling short of analyst estimates amidst a challenging demand environment and longer decision cycles from clients.
Homegrown pharma major Cipla Ltd reported a 39 per cent decline in consolidated net profit to Rs 785.55 crore in the first quarter ended June 2026, primarily due to a dip in sales in the North American market and higher expenses.
Cognizant reported a 1.4 per cent year-on-year dip in net profit for the April-June quarter to $636 million, while revenue grew 4.5 per cent to $5.5 billion. The company has also cut the top end of its annual guidance, citing a slowdown in macroeconomic conditions and rising uncertainty.
Sun Pharmaceutical Industries reported a 27 per cent year-on-year increase in consolidated net profit to 2,894.7 crore for Q1FY27, with revenue growing 10 per cent to 15,299.8 crore, driven by strong performance in India and innovative medicines.
Maruti Suzuki India (MSIL) reported a 9.1 per cent year-on-year decline in net profit for the April-June quarter of 2026-27, marking its second consecutive quarterly fall. This dip occurred despite a significant 29.3 per cent jump in sales volume, primarily due to escalating commodity prices, increased energy costs, and logistics disruptions stemming from the West Asia conflict.
BMW Group India says every Re 1 depreciation in the rupee against the euro trims its profit margin by about 1 per cent, prompting the company to consider further price increases.
State-owned Bank of Baroda (BoB) reported a 72 per cent year-on-year (Y-o-Y) drop in net profit to 1,278 crore for Q1FY27 due to a $600 million out-of-court settlement related to NMC Health Plc. In contrast, Bank of India (BoI) saw its net profit rise by 36.23 per cent Y-o-Y to 3,068 crore for the same quarter, driven by healthy loan growth and improved asset quality.
Indian Hotels Company (IHCL) reported a 20.8 per cent year-on-year rise in net profit for Q1 FY27, reaching 357.9 crore, despite macroeconomic headwinds like geopolitical tensions in West Asia impacting international travel and airline catering business.
HDFC Life Insurance and ICICI Prudential Life Insurance have reported double-digit growth in profitability for the first quarter of FY27, buoyed by healthy premium collections and increased investment income, with HDFC Life's net profit rising 11.9% and ICICI Pru's by 27.8%.
TVS Motor Company reported a significant 56.8 per cent year-on-year increase in net profit to 1,036 crore in Q1FY27, driven by record sales volumes, an improved product mix, and robust demand in both domestic and international markets, with management anticipating continued double-digit industry growth.
Eternal, the parent company of Zomato and Blinkit, reported a nearly fourfold increase in net profit to 92 crore for Q1FY27, primarily due to operational gains and the strong performance of its quick commerce business, Blinkit.
IT major Tech Mahindra reported a 28.4 per cent increase in consolidated net profit for the June quarter, reaching Rs 1,465 crore, driven by broad-based growth across manufacturing and financial services, and expressed confidence in a positive demand environment for the rest of the year.
Tewolde Gebremariam, a seasoned aviation professional with extensive experience at Ethiopian Airlines, has been named the new Chief Executive Officer and Managing Director of Air India. He is tasked with leading the airline's ambitious five-year transformation plan, Vihaan.AI, aimed at achieving significant growth and profitability, marking him as the second foreign national to helm Air India under Tata Group ownership.
Air India has announced the appointment of Tewolde Gebremariam, former CEO of Ethiopian Airlines Group, as its new Managing Director and Chief Executive Officer, replacing Campbell Wilson. This strategic appointment comes as the airline navigates expansion amidst significant challenges.
Public-sector banks (PSBs) have reported a substantial increase in non-interest income for Q1FY27, primarily driven by the sale of Priority Sector Lending Certificates (PSLCs) backed by their rapidly expanding gold loan portfolios. This strategy has allowed several lenders to book significant profits by exceeding priority sector lending targets.
API Holdings, the parent company of online pharmacy PharmEasy, has significantly reduced its debt from 1,800 crore to 1,050 crore and refinanced it at lower interest rates under CEO Rahul Guha, shifting its focus from 'growth at any cost' to profitability and aiming for a debt-free balance sheet before a potential stock market listing.
Dr Reddy's Laboratories reported a 68.7 per cent year-on-year decline in consolidated net profit to Rs 443.5 crore in Q1 FY27, primarily due to the end of its lenalidomide sales agreement, a Rs 240-crore provision for semaglutide API inventory quality issues, and elevated freight costs.
Food and grocery delivery giant Swiggy has reported a significant narrowing of its net loss in the first quarter, down 34 per cent year-on-year to approximately 791 crore, while revenue from operations surged by 37 per cent to 6,812 crore. The company also achieved contribution margin break-even in its quick commerce segment, Instamart.
ArcelorMittal reported a significant 62 per cent year-on-year decline in its net income, reaching USD 683 million in the June 2026 quarter, despite a quarter-on-quarter increase in sales and improved performance from its Indian joint venture, AMNS India.
Infosys has revised down the upper end of its revenue growth target for financial year 2027 (FY27) to 1.5-3 per cent, from the earlier 1.5-3.5 per cent, attributing the change to persistent macroeconomic uncertainty and a one-time client impact.
Manipal Health Enterprises is set to launch India's largest healthcare initial public offering (IPO) on July 29, aiming to raise Rs 9,275.22 crore to fund expansion and debt reduction, with the issue closing on July 31.
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.
All India Football Federation President Kalyan Chaubey has urged the Tata group to reconsider its decision to withdraw Jamshedpur FC from the Indian Super League. While Tata maintains it's a strategic move for grassroots development, Chaubey believes the decision should not be purely financial and highlights Tata's significant contributions to Indian football through the Tata Football Academy.
'It's not about individuals operating the mule accounts being more or less skilled. Instead, 'lower-level' refers to the role the individual account plays in the broader mule network.'
All India Football Federation President Kalyan Chaubey has urged the Tata group to reconsider its decision to withdraw Jamshedpur FC from the Indian Super League. While Tata maintains it's a strategic move for grassroots development, Chaubey believes the decision should not be purely financial and highlights Tata's significant contributions to Indian football through the Tata Football Academy.
Amidst a disappointing box office weekend for several new Hindi releases, Vikram Bhatt's Haunted 3D: Ghosts Of The Past has emerged as a surprising success.
'Making a film -- good or bad -- is extremely hard work, involving hundreds of people and at least two years from idea to release. When the audience rejects it, it is known to push makers into depression. And then there is the danger of theatres stopping the screenings after week one if footfalls don't improve.'
Tata Steel reported a significant 124.9 per cent year-on-year increase in consolidated net profit to 2,925.74 crore for the fourth quarter of FY26, driven by higher volumes and an improved product mix in India, alongside planned cost reductions across its global operations.
HCLTech CEO C Vijayakumar's total salary for the financial year 2025-26 surged by nearly 66.9 per cent to $18.13 million, primarily driven by long-term incentives and stock options, placing him at the top among his Indian IT sector peers.
With Main Vaapas Aaunga as his latest release, we rank Imtiaz Ali's romantic dramas from his underrated debut in Socha Na Tha to his most recent offering of love and longing.
Lots of interesting films coming up in theatre this August, and the entertainment at home is just as good!
The Supreme Court has agreed to examine Sebi's challenge to a Securities Appellate Tribunal (SAT) decision that cleared Wadia Group Chairman Nusli Wadia, Bombay Dyeing, and others of allegations of fraudulent financial reporting.
'At the end of the day, it is just another technology produced by the human mind.'
From Arun Govil and Shobana to Vivek Oberoi and Kajal Aggarwal, meet the sprawling supporting cast bringing Nitesh Tiwari's Ramayana to life.
Former India cricketer Rajesh Chauhan has been booked for allegedly cheating a man of over Rs 15 lakh by promising a transport contract with a steel company, a case registered on court orders under Section 316(2) of the Bharatiya Nyay Sanhita.
An employee whose financial future is 60-80 per cent dependent on a single company's growth trajectory has no genuine safety net.
India Post is reinventing itself from a traditional mail service into a modern logistics, e-commerce, and real estate powerhouse. Several post offices situated inside major university campuses, called Gen Z post offices, have received a facelift, with cafe-like decor and wi-fi availability.
Tax collection so far has been encouraging, with net direct tax receipts reaching Rs 5.21 trillion by June 17, nearly a 15 per cent increase compared to the same period last year.
FIDE's decision to shortlist the All India Chess Federation for a prestigious FIDE Excellence Award has ignited a fierce debate within the Indian chess community.
