News for 'Strong Financial Performance'

Torrent Pharma's India Business and Margin Expansion Fuel Brokerage Confidence

Torrent Pharma's India Business and Margin Expansion Fuel Brokerage Confidence

Rediff.com22 Jun 2026

Torrent Pharma has emerged as a top sectoral pick for brokerages, driven by healthy growth in India revenues and improved gross margins, leading to a 44 per cent stock return over the past year.

India, US Equity Markets Less Attractive on FCF Yields; Real Estate Sales Moderate

India, US Equity Markets Less Attractive on FCF Yields; Real Estate Sales Moderate

Rediff.com1 days ago

A Goldman Sachs report indicates that US and Indian equity markets are becoming less attractive due to lower free cash flow (FCF) yields as valuations rise, while European markets offer significantly higher yields. Concurrently, India's top-listed residential real estate developers experienced a moderation in pre-sales in Q1FY27, attributed to delayed project approvals, limited launches, and high year-ago bases, though underlying housing demand remains healthy.

India Inc Sees Fastest Revenue Growth in 15 Quarters

India Inc Sees Fastest Revenue Growth in 15 Quarters

Rediff.com1 days ago

Indian listed companies experienced their fastest revenue growth in 15 quarters during Q1FY27, with combined net sales rising 18.4% year-on-year, while net profit grew 16%, primarily driven by mining, metals, and banking sectors, despite a contraction in operating margins due to higher input costs.

Carmakers ramp up production for festive season, but high base and inventory risks loom

Carmakers ramp up production for festive season, but high base and inventory risks loom

Rediff.com3 days ago

Indian passenger vehicle manufacturers are significantly increasing production and stocking dealerships in anticipation of strong festival season demand, with new launches planned and supply bottlenecks being addressed. However, the industry faces potential moderation in growth during the second half of FY27 due to a high base from last year's post-GST surge, commodity inflation, and elevated inventory levels.

M&M's Auto Segment Poised for Near-Term Gains Despite Q1FY27 Margin Contraction

M&M's Auto Segment Poised for Near-Term Gains Despite Q1FY27 Margin Contraction

Rediff.com8 Aug 2026

Mahindra & Mahindra's Q1FY27 results missed consensus estimates due to declining gross margins, but strong demand for its SUV portfolio and strategic price hikes are expected to drive near-term gains, particularly in the auto segment, despite headwinds in farm equipment.

NEET UG Counselling 2026: Govt Vs Private MBBS College: Which Is Better?

NEET UG Counselling 2026: Govt Vs Private MBBS College: Which Is Better?

Rediff.com5 days ago

High fees do not automatically translate into better teaching or stronger clinical exposure, points out Nayagam PP, career counsellor and founder of EduJob360.

Voltas' New JV to Boost Localisation, Margin Trajectory Key for Future Growth

Voltas' New JV to Boost Localisation, Margin Trajectory Key for Future Growth

Rediff.com17 hours ago

Voltas has announced a joint venture with Atomberg Innovation to manufacture high-efficiency room air conditioner (RAC) compressors, aiming to strengthen localisation and supply-chain resilience. Despite significant volume growth in RACs, the company's margins remain a key concern for analysts.

FIH Women's Hockey World Cup: India crush South Africa, stay in Round 2 hunt

FIH Women's Hockey World Cup: India crush South Africa, stay in Round 2 hunt

Rediff.com7 days ago

India's women's hockey team delivered a dominant performance, defeating South Africa 6-1 in their second Pool D match of the FIH Women's Hockey World Cup. Six different players scored for India, with a prolific third quarter sealing the rout. This emphatic win significantly strengthens India's chances of advancing, placing them atop Pool D on goal difference ahead of their crucial final pool match against England.

RIL beats estimates with record quarterly EBITDA; YoY profit falls

RIL beats estimates with record quarterly EBITDA; YoY profit falls

Rediff.com17 Jul 2026

Reliance Industries Ltd reported a 22 per cent year-on-year decline in consolidated net profit for the June quarter, primarily because the previous year's earnings were inflated by a one-time gain from the sale of its stake in Asian Paints.

Vedanta Aluminium Metal set to be top performer post-demerger

Vedanta Aluminium Metal set to be top performer post-demerger

Rediff.com24 Jun 2026

The demerger of Vedanta's four new entities - Vedanta Aluminium Metal, Vedanta Oil & Gas, Vedanta Power, and Vedanta Iron & Steel - has led to a 16% appreciation in aggregated market capitalisation, with Vedanta Aluminium Metal identified as a likely near-term top performer due to its scale, low production costs, and favourable commodities cycle.

Sun Pharma sees 27% profit surge in Q1FY27, driven by India and innovative medicines

Sun Pharma sees 27% profit surge in Q1FY27, driven by India and innovative medicines

Rediff.com1 Aug 2026

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.

IndiGo posts Rs 238 crore Q1 net loss due to rising fuel costs, West Asia turbulence

IndiGo posts Rs 238 crore Q1 net loss due to rising fuel costs, West Asia turbulence

Rediff.com23 Jul 2026

IndiGo, India's largest airline, reported a net loss of Rs 238 crore for the June quarter, primarily attributed to a significant surge in fuel prices and operational constraints stemming from the West Asia conflict.

'FY27 Should Be A Recovery Year For India'

'FY27 Should Be A Recovery Year For India'

Rediff.com6 days ago

'A favourable base, last year's policy measures, the carryover impact of a good monsoon and improving earnings should all help.'

'Worst Phase For Equities Appears To Be Behind Us'

'Worst Phase For Equities Appears To Be Behind Us'

Rediff.com7 Aug 2026

'Healthy double-digit returns are still possible, though a sharp rally is unlikely.'

LIC emerges as highest profit-making financial company in Jan-Mar quarter

LIC emerges as highest profit-making financial company in Jan-Mar quarter

Rediff.com24 May 2026

State-owned Life Insurance Corporation of India (LIC) has reported a net profit of over Rs 23,400 crore for the January-March quarter, making it the highest profit-making firm in the Indian financial sector during this period, surpassing major banks like SBI and HDFC Bank.

NEET paper leak row: NTA floats Rs 7.5cr tender for security

NEET paper leak row: NTA floats Rs 7.5cr tender for security

Rediff.com3 Aug 2026

In response to the NEET-UG 2026 paper leak controversy, the NTA has initiated a significant security upgrade, floating a Rs 7.5 crore tender for comprehensive, round-the-clock security services to protect its critical infrastructure and confidential examination materials.

Cricket Scotland, KNCB Slam ICC's 'Setback' World Cup Qualification Changes

Cricket Scotland, KNCB Slam ICC's 'Setback' World Cup Qualification Changes

Rediff.com11 Aug 2026

Cricket Scotland and the Royal Dutch Cricket Association (KNCB) have jointly criticised the International Cricket Council's (ICC) significant structural changes to the Men's 50-over World Cup qualification pathway, calling it a 'setback to Associate Member cricket' and expressing disappointment over the lack of consultation.

Why hospital stocks are thriving despite broader market dips

Why hospital stocks are thriving despite broader market dips

Rediff.com28 May 2026

Hospital stocks have emerged as a strong theme in 2026, outperforming benchmark indices due to robust earnings growth, improved occupancy, higher average revenue per occupied bed, and aggressive expansion plans by major chains.

PSU Banks Q1FY27: BoB's Profit Dips on Settlement, BoI's Rises on Loan Growth

PSU Banks Q1FY27: BoB's Profit Dips on Settlement, BoI's Rises on Loan Growth

Rediff.com25 Jul 2026

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.

HUL's Q1 Profit Falls 3.2% to Rs 2,680 Cr Despite 10.3% Sales Surge

HUL's Q1 Profit Falls 3.2% to Rs 2,680 Cr Despite 10.3% Sales Surge

Rediff.com28 Jul 2026

Hindustan Unilever Ltd (HUL) reported a 3.17 per cent year-on-year decline in consolidated net profit to Rs 2,680 crore for the June quarter, even as revenue from product sales surged by 10.26 per cent to Rs 17,149 crore, marking its highest growth in 13 quarters.

Reliance shares gain over 1% as Q1 profit, EBITDA hit record highs

Reliance shares gain over 1% as Q1 profit, EBITDA hit record highs

Rediff.com20 Jul 2026

Reliance Industries shares rose over 1 per cent after the company reported record quarterly core profit and EBITDA for the June quarter, driven by strong performances in its oil-to-chemicals and telecom businesses.

Nestle India reports 48.26% jump in Q1 net profit to Rs 958.68 crore

Nestle India reports 48.26% jump in Q1 net profit to Rs 958.68 crore

Rediff.com22 Jul 2026

FMCG giant Nestle India reported a significant 48.26 per cent year-on-year increase in consolidated net profit, reaching Rs 958.68 crore in the June quarter of this financial year, driven by strong volume growth and consumer trust.

'I want to be like Mary Kom': Pakistan's boxing hero

'I want to be like Mary Kom': Pakistan's boxing hero

Rediff.com1 Aug 2026

Pakistan's first female Commonwealth Games boxing medallist, Fatima Zahra, credits Indian boxing legend MC Mary Kom as her primary inspiration, having watched the Bollywood biopic on Kom's life and emulating her journey of overcoming adversity.

Volatile trading session on RBI's big day, Sensex holds steady with 152-point gain

Volatile trading session on RBI's big day, Sensex holds steady with 152-point gain

Rediff.com5 Aug 2026

The Reserve Bank of India (RBI) maintained its key policy rates for the fourth consecutive time, keeping the repo rate at 5.25 per cent, while the benchmark BSE Sensex closed 152 points higher in a volatile session, recovering from an intraday dip.

10 Stars Who Clashed With Themselves On The Same Day!

10 Stars Who Clashed With Themselves On The Same Day!

Rediff.com12 Aug 2026

Before Shabana Azmi tries to outrival herself in the Batwara 1947 and Awarapan 2 clash, we look at other Bollywood stars whose films released on the same day.

Infosys trims FY27 revenue guidance, citing 'uncertain macros'

Infosys trims FY27 revenue guidance, citing 'uncertain macros'

Rediff.com24 Jul 2026

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.

What Went Wrong At Tata Sons After Ratan Tata?

What Went Wrong At Tata Sons After Ratan Tata?

Rediff.com13 Aug 2026

Chandrasekaran's exit is more than a change of chairman. It represents the breakdown of the informal consensus that governed the Tata system under Ratan Tata.

Nykaa's next glow-up lies in margin gains

Nykaa's next glow-up lies in margin gains

Rediff.com16 Jul 2026

FSN E-Commerce Ventures (Nykaa) reported nearly 30 per cent year-on-year revenue growth in Q1FY27, marking its highest revenue growth in 13 quarters, primarily driven by accelerated expansion in its fashion segment.

Why AI Agents Can't Go Fully Autonomous Yet

Why AI Agents Can't Go Fully Autonomous Yet

Rediff.com3 Aug 2026

The biggest challenge to widespread deployment is no longer AI. It is the financial and commerce infrastructure that was built decades ago for deterministic software and human interactions -- not autonomous AI agents.

'Mid- Small-Caps May Deliver More Selective Returns'

'Mid- Small-Caps May Deliver More Selective Returns'

Rediff.com28 Jul 2026

'The market is currently neither cheap enough to be exciting about nor expensive enough to worry about.'

Indian Athletes Secure Medals And Advance To Finals At Commonwealth Games

Indian Athletes Secure Medals And Advance To Finals At Commonwealth Games

Rediff.com27 Jul 2026

Indian athletes delivered a strong performance at the Commonwealth Games, with weightlifters Gyaneshwari Yadav and Bindyarani Devi securing silver and bronze medals respectively. Several athletes, including long jumpers M Sreeshankar and Lokesh Sathyanathan, boxers Sachin Siwach and Ankush, and swimmers Sajan Prakash, Aryan Nehra, and Swatik Patel, also advanced to their respective finals or quarter-finals, showcasing India's diverse talent across multiple disciplines.

FULL TEXT: President Murmu's address to the nation on eve of 80th I-Day

FULL TEXT: President Murmu's address to the nation on eve of 80th I-Day

Rediff.com15 Aug 2026

In her address to the nation on the eve of the country's 80th Independence Day, the president stressed that just as government and society remain united to ensure national security, everyone must contribute through joint and concerted efforts to safeguard the present and future of students.

India's Top 100 Brands Hit $253 Billion

India's Top 100 Brands Hit $253 Billion

Rediff.com15 Jul 2026

LIC is the only brand in the Brand Finance India 100 2026 report that has a top five rank in both brand value and brand strength.

India Dominates FIDE Awards Shortlist

India Dominates FIDE Awards Shortlist

Rediff.com21 Jul 2026

From supporting young talents financially to earning global recognition, Indian chess is making its presence felt like never before.

Can India Become New Power Centre Of Global Chess?

Can India Become New Power Centre Of Global Chess?

Rediff.com1 Aug 2026

'India should hold several high-level chess tournaments that would attract the world's top players so that the country will have a say in the game.'

Public Sector Banks clock fourth straight year of profit, hit record Rs 1.98 trillion

Public Sector Banks clock fourth straight year of profit, hit record Rs 1.98 trillion

Rediff.com20 May 2026

Public-sector banks (PSBs) in India have reported an 11.2 per cent year-on-year rise in net profit, reaching a record 1.98 trillion in FY26, marking their fourth consecutive year of profitability, driven by sustained business growth, improved asset quality, and strong capital positions.

CBDT Targets Rs 26.97 Trillion Direct Tax Collection

CBDT Targets Rs 26.97 Trillion Direct Tax Collection

Rediff.com6 Jul 2026

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.

Mahima Makwana: 'My Life Depends On This. I Don't Have Another Option'

Mahima Makwana: 'My Life Depends On This. I Don't Have Another Option'

Rediff.com18 Aug 2026

'There are days where I feel things are not going my way. I feel helpless, dejected and rejected.' 'But then what do you do? You wake up, dust it off and go.'

After Trent, Noel Tata to step down as Voltas chairman

After Trent, Noel Tata to step down as Voltas chairman

Rediff.com30 Jun 2026

Noel Tata, a veteran of the Tata group, announced his decision to step down as the chairman of Voltas, following a similar move at Trent, citing the development of a new generation of leaders within the company.

NBFCs drive India's securitisation market to record Rs 60,000 crore in Q1

NBFCs drive India's securitisation market to record Rs 60,000 crore in Q1

Rediff.com7 Jul 2026

India's securitisation market achieved its highest-ever first-quarter performance, reaching approximately 60,000 crore, a 22 per cent year-on-year increase, primarily driven by Non-banking financial companies (NBFCs) and a significant surge in gold loan securitisation.