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Glenmark Pharmaceuticals posted 16% growth in December-quarter profit on strong India formulations demand, improved North America performance and margin expansion, with EBITDA surging 45% and regulatory clearance enabling manufacturing restart at its US facility.
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SAIL reported a sharp rise in December-quarter profit to Rs 374 crore, driven by higher volumes, operating leverage and disciplined cost control, despite volatile input costs and competitive pricing, while total income also rose strongly year-on-year.
Blue Dart Express Q3 net profit drops 15.7% to ₹68.3 crore as revenue rises, driven by tier II and III markets and strong operational discipline. Shares of Blue Dart Express ended higher today, January 30, by 1.90% at ₹5,515 on the NSE.
CJ Roy, Founder of Confident Group, was found dead at his Bengaluru office after a gunshot was heard, amid Income Tax Department searches and questioning. Police suspect suicide.
India Power Corporation Limited partners with Green Energy Power Private Limited to develop a 70 MW solar project in Paro, Bhutan, aiming for 1.5 GW solar capacity by 2030 amid rising energy demand.
Households may also look for targeted relief at the lower end of the income spectrum. Under the new tax regime, the current rebate ensures that individuals with income up to Rs 12 lakh face no tax liability. For salaried taxpayers, the Rs 75,000 standard deduction effectively extends this relief to those with gross income up to Rs 12.75 lakh.
SAIL reported a Q3 net profit of ₹374 crore, up from ₹142 crore YoY and slightly above the CNBC-TV18 poll of ₹370 crore. Revenue grew 12% YoY to ₹27,371 crore, while EBITDA rose 13% to ₹2,294 crore with margins improving to 8.4%.
Steep US tariffs hit Andhra Pradesh’s shrimp industry hard, slashing exports and margins. Farmers face disease and losses, while government support and new markets offer limited relief.
Revenue from operations grew 15.4% YoY to ₹947.6 crore, compared with ₹820.9 crore in the year-ago period, aided by steady demand from OEM customers.
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