IPRU displayed a sustainable growth trajectory, driven by its diversified product portfolio, consistent profitability and customer-centric approach. The company is well -positioned to capitalise on the benefits of GST reforms, leveraging its strong brand, innovative products and efficient distribution network to deliver long-term business growth and increase its VNB. The company's focus on cost optimisation initiatives to streamline its operations and align its cost structure with customer demands strengthens its competitive edge. As it deepens its distribution channel and...
Consolidated EBITDA grew 30.9% YoY to Rs. 7,115cr, with EBITDA margin expanding 210bps to 15.8%, on the back of a favourable product mix and reduced operating costs due to improved operational efficiencies. Profit after tax increased more than fourfold to Rs. 1,646cr, aided by topline growth and an 64% YoY increase in other operating income. JSW Steel reported a strong performance in the quarter despite global uncertainties and a prolonged monsoon. The company is optimistic about a strong performance in the second half of this financial year, driven by rising steel prices and production. JSW has ramped up its production capacity, which is expected to support growth. The outlook for India's steel consumption remains robust, driven by supportive...
*over or under performance to benchmark index Reliance Industries Ltd (RIL) manufactures petrochemicals, synthetic fibres, fibre intermediates, textiles, blended yarns and polyester staple fibres. Its petroleum refinery-cum-petrochemicals complex in Jamnagar, Gujarat, produces gasoline, superior kerosene oil and liquefied petroleum gas, among other products....
The management said that NIM is expected to bottom out by Q3FY26, assuming there are no further rate cuts and the balance sheet mix improves. businesses. The management guided that margin is likely to bottom out in the coming quarters as anticipated repo rate cuts exert near-term yield pressure. The bank is focused execution excellence, expanding its distribution network across 2,740 branches and accelerating digital transformation through pioneering agentic AI-powered payment solution for UPI and multiple CBDC initiatives. Company's management is focused on its GPS strategy for building a resilient franchise....
The company showcased strong strategic progress, marked by record deal wins, healthy client expansion, and increasing enterprise adoption of its proprietary AI and digital platforms. Growing traction in the modernisation programmes, deepened technology partnerships and consistent execution across key verticals highlight its strengthening market position. Management maintains growth and margin guidance, reflecting confidence in the demand environment, a scalable innovation pipeline and...
Infosys delivered a steady performance driven by resilience in deal execution, continued traction in digital transformation projects and operational discipline across key verticals. Its focus on GenAI adoption, platform monetisation and cloud-led modernisation is expected to enhance scalability and differentiation. Strategic acquisitions in cybersecurity and consulting strengthen domain capabilities and regional presence, while internal efficiency initiatives and talent upskilling support...
FIL's expansion into the four-wheeler segment, supported by orders from Force Motors and Mahindra, along with investments in SMT (surface mount technology) lines, an EMC/ EMI (electromagnetic compatibility/ Interference) validation lab, and a growing RFQ...
With new launches in the electric sport utility vehicle (SUV) segment and variant refreshes, the company has maintained its SUV growth guidance. During the festival season, it is expected to ramp up electric vehicle (EV) production, supported by the upcoming launches that will drive revenue growth. GST reductions are also expected to positively impact the automotive and tractor industries by making vehicles and equipment more affordable, thereby spurring industry growth. M&M...
