Reliance Industries on Friday released its January-March quarter i.e. Q4 FY23 results. Reliance Industries’ Q4 revenue and net profit beat market estimates. The consolidated revenue of Reliance Industries grew by 2.8% YoY to ₹ 2,39,082 crore in Q4 FY23, while the company’s net profit grew by 18.3% to ₹ 21,327 crore. Reliance Jio’s ARPU (average … Read more
Today HCL Tech announced its Q3 FY23 results after the market closed on Thursday. HCL Tech reported a 19.3% YoY growth in total income at Rs 26,960 crore in Q3 FY23 as against Rs 22,586 crore in the same quarter last year. HCL Tech reported a 18.9% YoY increase in total expenses to Rs 21,588 … Read more
On Thursday 29 December, Eicher Motors Ltd announced a strategic investment and collaboration with Spain-based Stark Future SL to advance the electric motorcycle space. Two-wheelers account for 20% of India’s total carbon dioxide emissions, due to which many companies are investing heavily in electric vehicles. Royal Enfield’s parent company Eicher Motors will buy a 10.35% … Read more
On Friday 21 October, Reliance Industries Limited (RIL) announced that it would soon demerge its financial services business to form a new company Jio financial services limited (JFSL). Reliance Strategic Investments Limited (RSIL) is a wholly-owned subsidiary of Reliance Industries Limited (RIL) which currently carries out its business of providing loans to merchants and consumers. … Read more
HLE Glascoat Limited is a leading manufacturer of Glass Lined Equipment and Filtration & Drying Equipment. The company has a market share of up to 50% in Filtration & Drying Equipment and up to 25% in Glass Lined Equipment in India. HLE Glascoat Limited has approved an equity stock split of 10 for 2 at … Read more
India’s largest private lender HDFC Bank on Saturday announced the results of Q2 FY2022-23. HDFC Bank’s net profit grew by 20% to Rs 10605.78 crore in Q2 of FY 2022-23 from Rs 8834.31 crore in Q2 of FY 2021-22. HDFC Bank’s net revenue grew by 18.3% to Rs 28,869.8 crore in Q2 of FY2022-23 as … Read more