DEPRECIATION
NSE Q2 Results: Cons PAT falls 33% YoY to Rs 2,098 crore, revenue declines 18%
NSE Q2 Results: India's leading exchange NSE reported a consolidated net profit of Rs 2,098 crore in the September ended quarter, down 33% from Rs 3,137 crore reported in the year ago period. Company's revenue from operations in the quarter under review stood at Rs 3,677 crore, down 18% from Rs 4,510 crore in the corresponding quarter of the last financial year.
Ambuja Cements aims to lower costs, raise production by 2028
Ambuja Cements aims to cut its cost per tonne of cement by over 13% to ₹3,650 by March 2028, while boosting production capacity to 155 million tonnes. The company also reported a significant surge in quarterly profit, driven by volume growth and operational improvements.
IndiGo Q2 Results: Airline back in red, posts loss of Rs 2,582 crore on currency depreciation
IndiGo Q2 Results: Aviation major IndiGo slipped into a loss of Rs 2,582 crore in the September quarter as against a profit of Rs 2,176 crore in the preceding June quarter. However, when compared with the year-ago period, the airline's loss widened from Rs 987 crore.
Adani Enterprises Q2 Results: Cons profit soars 84% YoY to Rs 3,199 crore despite 6% drop in revenue
Adani Enterprises Q2 Results: Adani Enterprises reported an 84% surge in Q2 net profit to Rs 3,199 crore, driven by exceptional gains from stake sales in Adani Wilmar. Despite a 6% dip in revenue to Rs 21,249 crore, the company's PAT jumped significantly sequentially. The board also approved a Rs 25,000 crore rights issue.
Adani Ports Q2 Results: Cons net profit rises 27% YoY to Rs 3,109 crore, revenue jumps 30%
Adani Port Q2 Results: Adani Ports has announced strong financial results for the second quarter ending September 2025. The company's consolidated net profit saw a significant jump of 27 percent year-on-year. Revenue from operations also climbed by nearly 30 percent compared to the same period last year. These figures highlight robust growth for Adani Ports.
Planning to buy electric car? Gurgaon CA shares the biggest problem in EVs and it's not about charging or range
Sarthak Ahuja, in a LinkedIn post, pointed out that electric cars lose around 42% of their value in just two years, while traditional fuel cars drop only about 20% in the same period. His comments highlight a big roadblock in India’s EV push: buyers still don’t trust long-term battery performance in the second-hand market.
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Bharti Airtel shares rise over 2% after Q2 PAT surges 89% YoY
Bharti Airtel Share Price: In a day marked by financial triumph, Bharti Airtel's shares skyrocketed following an extraordinary report revealing an 89% surge in year-on-year net profit for the second quarter of FY26. Revenue took a leap of 26%, indicating a vibrant business trajectory, while key performance indicators like average revenue per user and EBITDA showcased impressive growth.
10-year bonds hold firm, longer-term yields up on poor demand
Indian government bonds saw little movement on Monday. The benchmark 10-year yield stayed within a tight range. However, demand for longer-term bonds weakened, causing their yields to rise. Traders noted that the Rupee's performance and liquidity are now key factors influencing the market. The focus is on the Rupee's potential impact on the Reserve Bank of India's upcoming policy decisions.
InterGlobe Aviation Q2 preview: Brokerages split on earnings, see up to 13% YoY revenue rise
InterGlobe Aviation, operator of IndiGo, is expected to report a mixed Q2 performance as seasonal softness impacts profitability. Brokerages estimate revenue between Rs 17,646–19,148 crore, with divergent profit views ranging from losses to moderate gains, driven by stable demand and expanding global routes.
Bharti Airtel Q2 Results: Cons profit soars 89% YoY to Rs 6,792 crore, revenue rises 26%; ARPU at Rs 256
Bharti Airtel Q2 Results: Telcom major Bharti Airtel on Monday reported a 89% YoY growth in its consolidated Q2 net profit at Rs 6,792 crore versus Rs 3,593 crore in the year ago period. The profit after tax (PAT) is attributable to the owners of the parent.
Rupee pinned near record low, likely RBI intervention cushions fall
The Indian rupee held steady near its record low on Monday, with the central bank's likely intervention preventing a sharper fall. Importer demand and a strong dollar continue to pressure the currency. Traders anticipate continued mild pressure, with the rupee expected to trade between 88.50 and 89.10 amid global dollar strength and anticipation of trade deal progress.
New forays, overseas orders to drive L&T's growth
Larsen and Toubro showed steady results in the September quarter. Strong execution in energy and hi-tech manufacturing supported performance. The company is expanding into green hydrogen, semiconductors, and defence. This strategic shift is expected to boost order book growth. Analysts maintain a positive outlook with potential upside for the stock.
CA warns about the ‘silent tax’ that’s stealing your savings
A chartered accountant shared ten sharp insights on money and wealth. He explained that steady jobs only cover daily needs, not dreams. True prosperity comes from multiple income streams. Banks profit more from savings than individuals. Idle money loses value due to inflation. Formal education often misses wealth-building lessons. Unexpected expenses can cause crises. Inflation acts as an invisible tax.
ET Prime Special Series - Part 4: What to look for in an annual report to find whether management is taking you for a ride
Consider: A company revalued land, including portions that were ineligible for revaluation because they were leasehold, neither owned by the company, nor saleable or transferable. Such land cannot be revalued as an asset as the company cannot realise its value through sale or transfer. It results in an overstatement of fixed assets, and the whole financial statement is not worth believing in. This is not happening for the first time, nor will it be the last. When markets are bullish, managements tend to manipulate their financial numbers in order to show better performance. Why do they do that? And how can you catch them out?
FPIs pump Rs 12,206 crore into Indian bonds in October amid relatively stable rupee, Fed rate cut
Overseas funds injected ₹12,206 cr into Indian sovereign bonds in October, driven by a stable rupee and US Federal Reserve rate cuts. Foreign investors increased purchases on days of reported central bank currency intervention and after the Fed's policy move, boosting local debt returns.
ACC Q2 net profit soars 5x to Rs 1,119 crore on tax write-back and record sales
ACC reported a five-fold surge in its second-quarter net profit, driven by a significant tax write-back. The cement manufacturer also saw its highest-ever September quarter revenue and sales volume, anticipating further demand growth due to GST reductions and improved economic sentiment.
Jaypee's power unit most attractive for Vedanta: Top exec
Vedanta is the top bidder for Jaiprakash Associates' power assets. This acquisition aligns with Vedanta's goal to significantly increase its power production capacity in India. While other entities have also made bids, Vedanta remains confident about securing the deal. The company is also exploring potential uses for Jaiprakash's cement and real estate businesses within its own operations.
Hindustan Unilever's India arm gets Rs 1,986 crore tax notice
Hindustan Unilever has received a significant tax demand order of Rs 1,986.25 crore for the financial year 2020-21. The Indian tax authority disputed the valuation of related-party transactions and depreciation claims. The company, known for brands like Dove and Surf Excel, stated the order will not materially impact its financials. Hindustan Unilever plans to appeal the tax demand.
India's forex reserves fall by $6.92 billion to $695.36 billion for week ending Oct 24
India's foreign exchange reserves saw a decrease of $6.92 billion, reaching $695.36 billion by October 24. This follows a rise in the previous week, which was boosted by an increase in gold reserves. The Reserve Bank of India monitors the foreign exchange market and intervenes to ensure stable trading conditions.
Dr Lal Path Labs announces 1:1 bonus issue, declares Rs 7/share interim dividend
Diagnostics services company Dr Lal Path Labs on Friday announced an interim dividend of Rs 7 per equity share for the financial year 2025-26.
Rupee holds above record low on state bank dollar sales, ends month flat
The Indian rupee faced a modest depreciation on Friday, yet it resiliently stayed above its all-time low, buoyed by dollar sales from government banks. The currency concluded the month on a subdued note, while the Indian equity markets reflected a similar downturn.
Sensex, Nifty slip 0.7% as Fed’s cautious outlook damps investor sentiment
Indian stock markets experienced a decline on Thursday. The NSE Nifty and BSE Sensex closed lower. This downturn followed the US Federal Reserve's decision to cut interest rates by 25 basis points. However, the Fed indicated no further rate cuts are expected this year. This news impacted investor sentiment globally and in India. Foreign portfolio investors sold shares.
Trump's Korea trade deal revives concerns about currency flight
South Korea and Washington have agreed to lower tariffs on South Korean goods to 15% and established a $350 billion investment plan. While this pact is expected to boost the Kospi index, analysts anticipate a steady outflow of funds to the U.S. will put downward pressure on the won.
Singapore's Keppel nine-month profit jumps 25% on growth across operations
Singapore-based conglomerate Keppel reported a 25% rise in net profit for the first nine months of 2025 on Thursday, aided by strong earnings growth across all its three business segments and higher recurring income.
Rupee falls 21 paise to 88.43 against US dollar in early trade
The Indian Rupee took a hit this morning, dropping 21 paise to 88.43 versus the US Dollar, following Federal Reserve Chairman Jerome Powell's cautionary statement about a possible rate cut in December not being certain. This led to a strengthening of the dollar index, reflecting heightened tensions in the currency market.
SAIL shares slip 2% as Q2 PAT declines 49% YoY. What brokerages say?
Steel Authority of India Limited shares dropped on Thursday. The company reported a significant profit decline for the July-September quarter. Total income and sales turnover saw an increase. Earnings before interest, tax, depreciation, and amortization also decreased. Morgan Stanley maintained an 'Equalweight' rating with a target price. The quarter included an exceptional loss.
Happiest Minds logs 9% YoY rise in Q2FY26 net profit; revenue increases 10%
Per CEO Joseph Anantharaju, the BFSI segment faced a slight blip because of the Arttha deals, but the mid-tier IT firm expects that to get reversed in the second half.
Groww less vulnerable to F&O trading curbs than peers: Nuvama
Nuvama estimated that a 5% fall in F&O (futures and options) orders would reduce Groww’s revenue and after-tax profit by 2.5% and 4.4%, respectively, compared with 2.3% and 5.2% for Angel One. The impact on earnings before depreciation and tax (Ebdat) margins would be 122 basis points for Groww, lower than the 135 basis points estimated for Angel One, it said.
Nifty consolidates between 25,700–26,100; Tata Steel, IIFL among top picks: Vinay Rajani
Indian markets experienced a volatile trading session. The Nifty index is currently consolidating between 25,700 and 26,104. Analysts suggest a cautious approach, focusing on outperforming sectors like metals and PSU banks. Specific stock recommendations include Tata Steel and IIFL. Investors are advised to monitor the rupee's movement against the dollar closely.
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