Leading insurer SBI Life‘s shares will be in focus on Thursday after the company reported a 39% year-on-year (YoY) growth in its consolidated net profit, reaching Rs 529 crore in the second quarter. This compares to Rs 380 crore in the same quarter last year. The net premium income for the reporting period increased by…
Retail chain Shoppers Stop on Tuesday reported a consolidated net loss of Rs 20.59 crore in the second quarter ended September 30, 2024 on account of muted demand. The company had posted a net profit of Rs 2.73 crore in the July-September period a year ago, according to a regulatory filing from Shoppers Stop. However,…
Mumbai, Non-bank lender L&T Finance on Friday reported a 17 per cent increase in its consolidated profit after tax at Rs 696 crore. The city-headquartered company had reported a net profit of Rs 595 crore in the year-ago period. In a statement, the company said its overall assets growth came at 18 per cent, and…
Tata Communications on Thursday reported a consolidated net profit of Rs 227.23 crore for the second quarter of 2024-25, up 3% over Rs 220.66 crore reported in the year ago period. However, it was down 32% on a quarter-on-quarter basis versus Rs 332.84 crore posted in Q1FY25. The income from operations in the reported quarter…
The Board of Wipro will consider issuing bonus shares to investors along with its financial results for the quarter ended September 2024. “The Board will be considering a proposal for issue of bonus shares, in accordance with the applicable provisions of the Companies Act, 2013 (including the rules and regulations framed thereunder), the Securities and…