MUMBAI: Oyo Hotels & Homes has recorded its first profitable year in FY24, posting a net profit of nearly Rs 100 crore, founder Ritesh Agarwal said on Thursday. “This (Jan-March quarter) was our eighth consecutive quarter of a positive ebitda (earnings before interest, taxes, depreciation and amortisation) and we also have a cash balance of … Read more
MUMBAI: Oyo Hotels & Homes has recorded its first profitable year in FY24, posting net profits of nearly Rs 100 crore, founder Ritesh Agarwal said on Thursday. “This (January-March quarter) was our eighth consecutive quarter of a positive EBITDA (earnings before interest, taxes, depreciation and amortisation) and we also have a cash balance of about … Read more
NEW DELHI: Public sector power generator NTPC posted a consolidated net profit of Rs 6490.05 for the fourth quarter of 2023-24, up 33 per cent from Rs 4871.5 crore in 2022-23. The standalone total income of the company for the financial year stood at Rs 1,65,707 crores, as against the previous year’s total income of … Read more
Adani Enterprises. Share Price 3387.30 03:59 PM | 23 May 2024 246.36(7.85%) Adani Ports & Special Economic Zone. Share Price 1443.35 03:59 PM | 23 May 2024 65.15(4.73%) Larsen & Toubro. Share Price 3585.40 03:59 PM | 23 May 2024 124.56(3.60%) Mahindra & Mahindra. Share Price 2609.20 03:59 PM | 23 May 2024 88.15(3.50%) Axis … Read more
Shares of Zee Entertainment Enterprises rose nearly 3% to Rs 144.4 in Tuesday’s trade on BSE after the firm reported a profit of Rs 13 crore in the March quarter of FY24, after reporting a loss of Rs 196 crore in the year-ago period. Moreover, the company’s shares closed over 4% higher in a special … Read more
MUMBAI: For the first time, the banking sector‘s net profit crossed Rs 3 lakh crore in FY24. The net profit of listed public and private sector banks rose 39% to Rs 3.1 lakh crore from Rs 2.2 lakh crore in FY23.While public sector banks generated a record Rs 1.4 lakh crore in net profit during … Read more
Tata Motors, India’s largest automaker by revenue, trumped Street expectations with amore than threefold surge in net profit in the March quarter propelled by strong performances across its three business verticals. The parent of British luxury carmaker Jaguar Land Rover Automotive Plc reported a net profit of Rs 17,528 crore in the three months ended … Read more
New Delhi: The central government’s fiscal deficit, in absolute terms, could be slightly better than the revised estimates for FY24, on the back of better than expected revenue receipts, an official said. In the interim Budget in February, the government pegged its FY24 fiscal deficit at ₹17.35 lakh crore, against the budget estimate of ₹17.89 … Read more
MUMBAI: Undoubtedly, the current financial year has been a remarkable one for the little ninjas of Dalal Street – smallcap stocks – as we saw as many as 181 of them turning multibaggers. What’s worth noting is that more than 100 of these smallcap stocks went through a bad phase in the preceding financial year. … Read more
Home Business Midcap And Small Cap Funds Accounted For 87 Pc Of Flows In FY24 Midcap and Small Cap index outperformed Nifty by 28 percentage points and 34 percentage points respectively in FYTD24. New Delhi: Mid and small cap funds accounted for 59 per cent of assets under management (AUM) and 87 per cent of … Read more