FY24 earnings makeover: IndianOil to MRF, companies rewrite profit playbook

The headline for corporate profit growth has been very encouraging in the July-September quarter (Q2) of 2023-24 (FY24), with the combined net profit of listed companies up by 38 per cent......

Fall in commodity, energy prices fuels India Inc earnings

Corporate earnings got a big boost from the fall in commodity and energy prices in July-September 2023 (Q2FY24) despite a slowdown in revenue growth during the quarter. Illustration: Dominic......

Hurdles in biofuel use: Few vehicles, weak ethanol-blended petrol rollout

The limited availability of flexible (flex)-fuel vehicles in the Indian market and the slow rollout of ethanol-blended petrol by oil-marketing companies (OMCs) remain major obstacles to achieving......

Strong FPI flows, buoyant retail sentiment to keep bulls snorting

Indices across Indian equity markets have edged towards new record highs before undergoing a small correction in the past few sessions. Photograph: Danish Siddiqui/Reuters The National Stock......