Listed cos’ net profits hit new peak of ₹2.66 lakh crore in March quarter
The Covid-19 pandemic and the subsequent lockdowns seems to have worked in favour of the listed companies in the country as they saw their average quarterly profit double since the outbreak.
L&T Q4 net profit rises 10% to ₹3,621 crore
Consolidated revenue of the Mumbai-based conglomerate rose 10% year-on-year to ₹52,851 crore in the fourth quarter.
India Inc’s profit vaults in H1 FY22
Topline of 3,880 listed companies jumped 34% to ₹54.56 lakh crore, but their cumulative profits after tax surged 133% from ₹4.71 lakh crore.
Reliance spent double its profit on capex in just 9 months
RIL recorded ₹49,824 crore profit in the first nine months of this financial year.
Record corporate profits keep stock markets fired up
Market is expecting a stellar performance from financial and information technology sectors that hold 37.5% and 18% weightage, respectively.
Fortune 500 India: Top Companies In Profit Growth
OMCs struck oil with inventory gains. Bharat Petroleum's profits zoomed over 400% y-o-y. Metals and pharma players made merry, dominating the list across tiers in the Fortune 500 rankings.
Fortune 500 India: 10 Most Profitable Companies
Reliance Industries was the most profitable Indian company in FY21. The pandemic-driven digitisation spree helped IT, with TCS and Infosys in the Fortune 500 rankings. Banks were key beneficiaries.
Pandemic-busting India Inc. posts record profit of ₹2.47 lakh cr in Q2 FY22
Robust performance comes on back of all-time high revenue of ₹22.54 lakh crore.
What makes PSUs the jewels of Fortune India 500
Public sector companies, in many ways, are the true jewels of the 500 list, and prove to be the best bets for those who want to earn steady returns on investments in the form of equity dividends.
Axis Bank net profit rises 83% in Q2
The bank’s fresh NPAs or slippages took a sharp drop, falling 69% year on year to Rs 2,777 crore from Rs 8,936 crore last year.