RBL Bank Limited has announced its unaudited consolidated financial results for the quarter and nine months ended December 31, 2024. Key highlights from the report are as follows: Revenues: The bank’s total income for the quarter stood at ₹461.05 crore, showing an increase from ₹396.88 crore in the same quarter last year (December 31, 2023),…
Kotak Mahindra Bank Q3 FY25 Financial Results Kotak Mahindra Bank Financial Results Metric Q3 FY25 (₹ Crore) Q2 FY25 (₹ Crore) Q3 FY24 (₹ Crore) Net Profit After Tax 4,701.02 5,044.05 4,264.78 Capital Adequacy Ratio (Basel III Standalone) 22.79% 22.61% 19.00% Gross NPA Ratio 1.51% 1.48% 1.68% Net NPA Ratio 0.44% 0.45% 0.36% Key Observations:…
TD Power Systems Secures ₹57 Crore Order from NPCIL January 18, 2025 – TD Power Systems Limited (TDPS) has received a prestigious order worth ₹57 Crores (inclusive of ₹9 Crores GST) from the Nuclear Power Corporation of India Limited (NPCIL). The contract involves the supply of advanced induction motors for NPCIL’s Kudankulam nuclear power plant….
Recent Work Orders Announced in January 2025 January 2025 witnessed notable developments in the corporate sector, with significant work orders secured by leading companies. These contracts underscore the ongoing progress in manpower services and renewable energy infrastructure across India. Below are the highlights: 1. Krystal Integrated Services Limited Krystal Integrated Services Limited, a prominent player…
Key Acquisitions and Investments Announced on January 17, 2025 January 17, 2025, marked a significant day for corporate developments as five major acquisitions and investments were announced across various sectors. These deals highlight strategic moves by companies to expand their reach, capabilities, and market influence. Below is a summary of the key transactions: 1. Styrenix…
“`html Axis Bank Q3 FY25 Consolidated Results Axis Bank Q3 FY25 Consolidated Results Metric Q3 FY25 (Dec 31, 2024) Q2 FY25 (Sep 30, 2024) Q3 FY24 (Dec 31, 2023) Total Income ₹ 1,15,958.82 lakhs ₹ 39,203.77 lakhs ₹ 35,136.83 lakhs Operating Profit (before provisions) ₹ 11,246.74 lakhs ₹ 11,451.87 lakhs ₹ 9,736.76 lakhs Net Profit…
CEAT Limited’s consolidated financial results represent the combined performance of the parent company and its subsidiaries. The unaudited financial results for the quarter and nine months ended December 31, 2024, were approved by the Board of Directors on January 15, 2025. Key Highlights of the Unaudited Results: Revenue from Operations: ₹ 329,990 lakhs (Q3 FY24)…
Azad Engineering Limited has signed a long-term contract worth $112 million (INR 960 crores) with GE Vernova International LLC, USA. The agreement involves supplying advanced, complex rotating and stationary airfoils for gas turbine engines to meet global power generation demand. Spanning six years, this deal will bolster the strategic partnership between the two companies. Bharat…
TCS Strengthens Infrastructure with Strategic Real Estate Acquisition in Bengaluru Tata Consultancy Services Limited (TCS), a global leader in IT services and consulting, has announced the acquisition of two commercial real estate entities in Bengaluru, India: TRIL Bengaluru Real Estate Five Limited and TRIL Bengaluru Real Estate Six Limited. These entities are wholly owned subsidiaries…
Lupin Finalizes Equity Acquisition of Sunsure Solarpark Lupin Limited (NSE: LUPIN), a leading pharmaceutical company, has completed its equity acquisition in Sunsure Solarpark Seventeen Private Limited (“Sunsure Solarpark”). This strategic move reflects Lupin’s dedication to sustainability and operational excellence. Key Acquisition Highlights Equity Stake: Lupin has acquired 42.61% of Sunsure Solarpark’s equity share capital. Completion…