New Delhi, August 2, 2026: India’s leading cigarette manufacturers, ITC, Godfrey Phillips India, and VST Industries, have reported a sharp decline in underlying revenue and profitability in the April–June quarter, reflecting the first full impact of the government’s higher cigarette taxation introduced earlier this year. The revised tax structure, …
Tehran, August 2, 2026: Iran has strongly denied U.S. President Donald Trump’s claim that Tehran requested an end to ongoing military attacks, calling the statement “false” and part of a broader pressure campaign against the country and its regional allies. According to Iranian military officials, Trump’s remarks are “nothing more …
Hyderabad: Divi’s Laboratories Ltd., one of India’s leading pharmaceutical and active pharmaceutical ingredient (API) manufacturers, delivered an outstanding performance in the first quarter of FY27. The company reported robust double-digit growth in revenue, operating profit, and net profit, with EBITDA margin expanding sharply compared to the same period last year. …
Mumbai: In a major enforcement action aimed at strengthening corporate governance standards, the Securities and Exchange Board of India (SEBI) has barred Zee Entertainment Enterprises Ltd. (ZEEL) CEO Punit Goenka and Essel Group founder and ZEEL Chairman Emeritus Subhash Chandra from participating in the securities market for one year. The …
New Delhi: Sarveshwar Foods Limited, a leading processor and exporter of premium basmati rice and organic food products, reported a steady financial performance for the first quarter of FY27. The company posted healthy growth in revenue and net profit despite a decline in operating margins, reflecting resilient demand and improved …
New Delhi: Dixon Technologies (India) Ltd. reported a mixed set of first-quarter FY27 numbers, with consolidated net profit showing a sharp jump from the year-ago period, while operating profitability remained under pressure. According to the figures provided, Dixon Technologies posted a consolidated net profit of ₹660 crore, compared with ₹225 …
Vadodara: Voltamp Transformers Ltd. reported a positive performance for the first quarter of FY27, with standalone net profit and EBITDA registering year-on-year growth. However, the company witnessed pressure on its operating margin during the quarter, indicating that costs increased faster than operating earnings. The results present a mixed but …
