The CK Birla group firm, Orient Electric Ltd on Wednesday reported a 3.9 per cent increase in its net profit at Rs 19.69 crore in Q1 FY24, on the back of double-digit growth from durables business and improvement in gross margins. Orient Electric had posted a net profit of Rs 18.95 crore in the corresponding [...]
The Aditya Birla Group's financial services activities are held by Aditya Birla Capital Limited (ABCL). In the marketplaces for Protecting, Investing, and Financing solutions, ABCL's businesses have a strong presence. ABCL is a company that offers universal financial solutions to meet the various needs of its clients at different phases of life. The subsidiaries of [...]
The TVS Motor Company is a well-known two- and three-wheeler manufacturer with four cutting-edge production sites in Hosur, Mysuru, Nalagarh, India, and Karawang, Indonesia. The company promotes progress through Sustainable Mobility. Based on the J.D. Power IQS and APEAL surveys, the company's products are at the top of their respective categories. For four years running, [...]
Technology-related goods and services are offered by Redington Ltd (Redington). Offerings from the company's IT division include PCs, laptops, tablets, notebooks, smartphones, desktop computers, printers, wearables and accessories, solar energy devices, and lifestyle goods like gaming and consumer audio items. It conducts business through a network of sales offices, warehouses, own service centres, partner service [...]
Among the top cement producers in India is Ambuja Cements Ltd. It's part of the Adani Group, which has the largest and fastest-growing portfolio of sustainable enterprises. It has become the most trusted brand in the Indian cement sector mainly to its distinctive products that are specifically designed for the country's climatic conditions, sustainable operations, [...]
Sundaram Home Finance, the wholly owned subsidiary of Sundaram Finance Ltd, would continue to pivot around self-employed customer segments as part of its growth strategy, a top official said on Wednesday. The city-based company reported a 21.4 per cent rise on its net profit for the April-June 2023 quarter at Rs 57.42 crore, from Rs [...]
Godrej Properties on Wednesday reported a nearly three-fold jump in consolidated net profit at Rs 124.94 crore for the first quarter of this fiscal, while sale bookings fell 11% annually in April-June period to Rs 2,254 crore. Its net profit stood at Rs 45.55 crore in the year-ago period. Total income rose to Rs 1,265.98 [...]
JSW Steel is aiming to nearly double its capacity to 50 million tonnes in the next three years, chairman Sajjan Jindal said on Thursday. The city-headquartered company is also aiming to shift to renewable sources of power to fire the entire 50 million tonnes of production, Jindal said speaking at an event organized by the [...]
Tata Steel on Thursday its consolidated production declined to 7.08 million tonnes (MT) in the first quarter of FY24. The company's consolidated production was at 7.67 MT during April-June of the preceding financial year, Tata Steel said in a statement. Consolidated deliveries however rose 7.97 pc to 7.04 MT from 6.52 MT in the same [...]
Adani Wilmar on Wednesday reported a 25 per cent year-on-year volume growth during the quarter ending June 30, mainly on account of robust consumer demand in edible oils and foods. The sale of branded products in edible oils and foods has been much stronger compared to overall sales of respective segments, the company said in [...]
