News for 'profitability'

Bajaj Auto posts highest ever quarterly revenue and PAT

Bajaj Auto posts highest ever quarterly revenue and PAT

Rediff.com8 Nov 2025

Pune-based two-wheeler major Bajaj Auto posted its highest ever quarterly revenue and profit after tax (PAT) in Q2FY26. Even as consolidated revenues were up 18.8 per cent year-on-year (Y-o-Y) to Rs 15,734.7 crore, PAT zoomed 53.2 per cent to Rs 2,122 crore.

Siemens net profit down over 37% to Rs 408 crore in Q4

Siemens net profit down over 37% to Rs 408 crore in Q4

Rediff.com14 May 2025

Siemens on Tuesday reported over 37 per cent decline in its net profit to Rs 408 crore in March quarter, compared to the same period year ago, mainly due to under-absorption of fixed costs and higher material costs in the Digital Industries business. The company follows an October to September fiscal year.

Maruti Suzuki, Hyundai grip wheel in a turning market

Maruti Suzuki, Hyundai grip wheel in a turning market

Rediff.com10 Nov 2025

The operating performance of the country's largest passenger carmakers, Maruti Suzuki India (MSIL) and Hyundai Motor India (HMIL), in the July-September quarter (Q2) of 2025-26 (FY26) outpaced brokerage expectations.

Bajaj Finance expects AUM from MSME business to grow 10-12% in FY26

Bajaj Finance expects AUM from MSME business to grow 10-12% in FY26

Rediff.com12 Nov 2025

Bajaj Finance's shares fell more than 7 per cent on Tuesday after it trimmed growth guidance for FY26, from 24-25 per cent projected earlier to 22-23 per cent.

Groww sets IPO price band at Rs 95-100/share; eyes a valuation of $7 bn

Groww sets IPO price band at Rs 95-100/share; eyes a valuation of $7 bn

Rediff.com30 Oct 2025

Billionbrains Garage Ventures, the parent company of stock broking firm Groww, on Thursday fixed a price band of Rs 95-100 per share for its upcoming Initial Public Offering (IPO), targeting a valuation of over Rs 61,700 crore (about $7 billion). The company's Rs 6,632 crore IPO would open for public subscription on November 4 and conclude on November 7, according to a public announcement.

Growth acceleration key to Trent stock's recovery

Growth acceleration key to Trent stock's recovery

Rediff.com21 Nov 2025

Trent reported decent margins in the second quarter (July-September) of 2025-26 (Q2FY26) but growth moderated. Same store growth was low single-digits. Trent's revenue growth decelerated in Q2FY26 at 17 per cent year-on-year (Y-o-Y) while area additions were offset by decline in revenue per square foot (sq ft).

How insurers stand to gain from GST rate cut

How insurers stand to gain from GST rate cut

Rediff.com4 Dec 2025

The exemption of individual life and health insurance premiums from the Goods and Services Tax (GST) enables the insurance industry to make products affordable and attractive, said Ajay Seth, chairman of Insurance Regulatory and Development Authority of India (Irdai) at the Business Standard BFSI Insight Summit 2025.

How Much Will Jio Platforms Be Worth After IPO?

How Much Will Jio Platforms Be Worth After IPO?

Rediff.com4 Nov 2025

Jio Platforms Limited is likely to have a valuation of $148 billion by the time it goes public on the back of strong free cash flow and potential deleveraging, ICICI Securities said.

SBI Q4 profit declines 10% to Rs 18,643 crore

SBI Q4 profit declines 10% to Rs 18,643 crore

Rediff.com3 May 2025

State Bank of India (SBI) on Saturday reported 10 per cent fall in standalone net profit at Rs 18,643 crore for the fourth quarter ended March 2025. The country's biggest lender had earned a profit of Rs 20,698 crore in the January-March period of 2023-24.

IPL 2026 Auction: Who Will Break The Bank?

IPL 2026 Auction: Who Will Break The Bank?

Rediff.com11 Dec 2025

Expect some fireworks for the highly-versatile Cameron Green along with Quinton de Kock, Matheesha Pathirana, Venkatesh Iyer and Ravi Bishnoi.

Zydus PAT rises 38% on strong India, US growth

Zydus PAT rises 38% on strong India, US growth

Rediff.com7 Nov 2025

Ahmedabad-headquartered Zydus Lifesciences posted a 17 per cent year-on-year (Y-o-Y) rise in revenue from operations to Rs 6,123 crore, while the net profit increased by 38 per cent to Rs 1,258.6 crore aided by consistent performance in the US and India formulations businesses.

How Much Rishab Shetty Charged For Kantara!

How Much Rishab Shetty Charged For Kantara!

Rediff.com29 Sep 2025

'Rishab has not taken a single penny upfront.'

'If You Can Make a Difference, Just Do It'

'If You Can Make a Difference, Just Do It'

Rediff.com11 Dec 2025

'There'll be extended periods where things aren't working in your favour. But if you believe in the cause profoundly, then you simply persevere.'

Will RCB have a new owner ahead of IPL 2026?

Will RCB have a new owner ahead of IPL 2026?

Rediff.com5 Nov 2025

Diageo's India arm will begin a strategic review of its investment in a unit which owns the IPL team Royal Challengers Bengaluru, the spirits maker said on Wednesday.

IPO Secondary Sales Soar Toward Rs 1 Trn

IPO Secondary Sales Soar Toward Rs 1 Trn

Rediff.com20 Nov 2025

Market experts say India's IPO ecosystem has matured to support both primary and secondary issuance, rendering the mix less consequential.

No regulator should substitute boardroom judgement: RBI Guv

No regulator should substitute boardroom judgement: RBI Guv

Rediff.com9 Nov 2025

Reserve Bank of India (RBI)Governor Sanjay Malhotra on Friday said it was not the regulator's job to take decisions for bank boards, speaking in the context of the wide range of enabling reforms announced for lenders during the October monetary policy review, and emphasised that financial stability remained the regulator's focus.

How A Silk Sari Started A Fashion Revolution

How A Silk Sari Started A Fashion Revolution

Rediff.com5 Dec 2025

'Women weavers are hardworking, open to learning, resilient.' 'They finish their cooking, housework, puja, then they come to weave.' 'They care about design. They care about beauty.'

IndiGo Crisis: 'Well-Orchestrated To Pressure Government, DGCA'

IndiGo Crisis: 'Well-Orchestrated To Pressure Government, DGCA'

Rediff.com6 Dec 2025

'Where rostering systems are automated and duty time software interfaces directly with DGCA, the assertion that they suddenly discovered crew shortages is simply implausible.' 'If adequate crew planning hasn't materialised within 12 to 24 months from inception, how will 45 days -- from December 5 to February 12 -- suddenly resolve matters?'

FMCG cos indicate mid single-digit revenue growth in Q2

FMCG cos indicate mid single-digit revenue growth in Q2

Rediff.com16 Oct 2025

Fast-moving consumer goods (FMCG) companies are expected to report mid-single-digit revenue growth in the July-September 2025-26 quarter, according to their quarterly updates. Most companies also noted that supply chains were focused on liquidating existing stock ahead of the implementation of new goods and services tax (GST) rates in categories where the tax was lowered.

Young Earners, Start With A Minimum Rs 1 Cr Cover

Young Earners, Start With A Minimum Rs 1 Cr Cover

Rediff.com27 Nov 2025

Younger customers should opt for increasing cover as their financial commitments are likely to rise in the future.

'Emirates NBD Is In RBL For 15-20 Years'

'Emirates NBD Is In RBL For 15-20 Years'

Rediff.com29 Oct 2025

'It is not looking at valuation, but investment, growth and ultimately better profit for stakeholders.'

Will GST cut bring back hatchbacks to top of the line?

Will GST cut bring back hatchbacks to top of the line?

Rediff.com12 Nov 2025

Since the Indian government reduced GST on small cars on September 22, the small car segment's share in Maruti's overall sales has risen to more than 25 per cent, up from 16.6 per cent earlier in FY26.

Society won't forgive us if we don't stand by doctors: SC

Society won't forgive us if we don't stand by doctors: SC

Rediff.com28 Oct 2025

The Supreme Court reserved its judgement on a plea regarding insurance coverage for doctors and health workers who died battling Covid-19 in private clinics and non-recognized hospitals. The court emphasized the importance of supporting doctors and ensuring valid claims are settled.

Sensex inches up 40 points in muted trading

Sensex inches up 40 points in muted trading

Rediff.com3 Nov 2025

Among Sensex firms, Mahindra & Mahindra was the biggest gainer, gaining 1.7 per cent after the October sales data. Tata Motors Passenger Vehicles (TMPV) rose by 1.69 per cent. Eternal, State Bank of India, Bharti Airtel and Kotak Mahindra Bank were also among the major gainers.

Axis Max Life aims to be 'breakout No. 3' in life insurance: MD & CEO

Axis Max Life aims to be 'breakout No. 3' in life insurance: MD & CEO

Rediff.com22 Nov 2025

Following Axis Max Life Insurance's second-quarter results for 2025-26, Sumit Madan, managing director and chief executive officer of the company, speaks to Aathira Varier and Subrata Panda/Business Standard about growth aspirations, strategies to offset the impact of the input tax credit (ITC) withdrawal, reverse merger plans, and more.

'We Are Poised For An Exciting 2026'

'We Are Poised For An Exciting 2026'

Rediff.com26 Nov 2025

'Earnings growth will be the main driver of India's market in 2026, with profits expected to rise 9% to 10% in H2 FY26 and accelerate to 12% to 15% in FY27.'

'After GST cut, innovation will boost life insurance'

'After GST cut, innovation will boost life insurance'

Rediff.com5 Dec 2025

The reduction in goods & services tax (GST) on individual life and health insurance premiums has been called a "landmark step" for making insurance affordable and inclusive. In a panel discussion at the Business Standard BFSI Insight Summit 2025, Anup Bagchi, managing director (MD) & chief executive officer (CEO) of ICICI Prudential Life Insurance; Mahesh Balasubramanian, MD & CEO of Kotak Life Insurance; Tarun Chugh, MD & CEO of Bajaj Life Insurance; and Ratnakar Patnaik, MD of Life Insurance Corporation of India (LIC), listed what else the industry needs to reach more people.

Stock markets fall for 2nd day in volatile trade

Stock markets fall for 2nd day in volatile trade

Rediff.com6 Nov 2025

Benchmark indices Sensex and Nifty closed lower in a highly volatile trade on Thursday amid relentless foreign fund outflows and selling in blue-chip ICICI Bank. Falling for the second day in a row, the 30-share BSE Sensex declined 148.14 points or 0.18 per cent to settle at 83,311.01.

Tamil producers adopt revenue-sharing model for big-budget films

Tamil producers adopt revenue-sharing model for big-budget films

Rediff.com9 Nov 2025

The Tamil Film Producers Council (TFPC) has resolved to implement a revenue-sharing model for big-budget films, requiring actors and technicians to share profits and losses. The move aims to address financial pressures from declining theatrical and OTT revenues. The TFPC also mandated staggered OTT release windows and formed a committee to ensure access to theaters for smaller films.

'Jungle Raj', Chhath puja: How Modi delivered big in Bihar

'Jungle Raj', Chhath puja: How Modi delivered big in Bihar

Rediff.com14 Nov 2025

A recurring theme of the prime minister's election rallies was the reminder of the 'jungle raj' during the RJD rule under chief ministers Lalu Prasad and Rabri Devi, and there were special efforts to ensure that the youth in the state does not get swayed by the promises made by Tejashwi Yadav.

Will AI Mania Provoke Market Meltdown?

Will AI Mania Provoke Market Meltdown?

Rediff.com10 Nov 2025

'The danger is that when the music stops, the fall will be sudden, faster, and deeper than anyone expects,' warns Debashis Basu.

Pune Firm Unveils Diabetes-Control Implant

Pune Firm Unveils Diabetes-Control Implant

Rediff.com19 Nov 2025

This innovation works by stimulating our natural organs so that it can produce and maintain the insulin balance.

Making Robots To Help Humanity

Making Robots To Help Humanity

Rediff.com24 Nov 2025

'Our vision is to innovate as many products as we can and solve as many problems as possible.'

Pakistan using terrorism as state policy against India since 1947: Report

Pakistan using terrorism as state policy against India since 1947: Report

Rediff.com26 Nov 2025

Records stretching back to 1947 suggest a consistent strategy by Pakistan's military and intelligence apparatus, the Inter Services Intelligence (ISI), of using terrorism as a state policy against India.

LIC Q4 profit jumps 38% to Rs 19,013 cr

LIC Q4 profit jumps 38% to Rs 19,013 cr

Rediff.com27 May 2025

State-owned insurer Life Insurance Corporation of India (LIC) on Tuesday posted a 38 per cent increase in net profit to Rs 19,013 crore in the fourth quarter ended March 2025 helped by lower expenses. The country's biggest insurer had earned a profit of Rs 13,763 crore in the corresponding quarter a year earlier.

From state lawmaker to mayor of America's largest city

From state lawmaker to mayor of America's largest city

Rediff.com5 Nov 2025

Democratic socialist Zohran Mamdani, of Indian descent, has won the New York City mayoral election, becoming the first Muslim, first Indian-origin, first African-born, and youngest mayor in over a century. His victory is seen as a significant moment for the city and the Indian-American community.

Factors that will guide the markets this week

Factors that will guide the markets this week

Rediff.com2 Nov 2025

Quarterly earnings, macroeconomic data announcements and global trends will drive the Indian stock markets in a holiday-shortened week, analysts said. Stock markets would remain closed on Wednesday for the Guru Nanak Gurpurab holiday.

UPI Goes Global, Fintech Hits A Wall

UPI Goes Global, Fintech Hits A Wall

Rediff.com1 Nov 2025

'When you think of cross-border payments, the first things that come to mind are risk, compliance, taxation, speed, and cost.'

Sensex jumps 567 points amid global stocks rally

Sensex jumps 567 points amid global stocks rally

Rediff.com27 Oct 2025

Among Sensex firms, Bharti Airtel, Reliance Industries, Eternal, State Bank of India, Tata Steel and HDFC Bank were the major gainers. However, Kotak Mahindra Bank, Bharat Electronics, Infosys and Bajaj Finance were among the laggards.

Centre races to rescue failing power discoms

Centre races to rescue failing power discoms

Rediff.com24 Nov 2025

After four failed reform drives, a new plan aims to rescue India's debt-laden power discoms through privatisation, accountability and long-term financial fixes.