Subros Q3 profit rises 5% to ₹34.7 crore despite margin squeeze
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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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.
Odds of a partial U.S. government shutdown rose on Friday after new barriers emerged in the Senate to a deal that would ensure funding for agency operations would not be interrupted.
U.S. stocks opened lower on Friday after President Donald Trump nominated former Federal Reserve Governor Kevin Warsh to head the U.S. central bank, as traders mulled over the monetary policy path under the new Fed leadership.
Bank of Baroda posted a net profit of Rs 5,055 crore for the December 2025 quarter, a 4.5% rise year-on-year. This growth was primarily driven by a significant reduction in provisions, despite margins facing pressure. The bank saw healthy deposit and advance growth, with asset quality continuing its upward trend.
With angel funding slowing after tighter SEBI norms and family offices seeking greater flexibility, India’s startup ecosystem is urging Budget 2026 to focus on easing domestic risk capital flows. Investors also want clearer tax treatment, stronger debt financing avenues, and a national push for foundational AI models backed by academia and DPI.
NTPC posted over 8% growth in December-quarter profit on modest revenue gains and lower expenses, with sequential improvement in earnings. The state-run power major also declared a second interim dividend for FY26.
The steelmaker's net profit dropped to ₹190 crore from to ₹951 crore in same quarter last year. Net debt increased to ₹15,443 crore as of 31 December from ₹14,156 crore at the end of September.
MedPlus Health Services posted a 26.2% YoY rise in Q3 net profit to ₹57.8 crore on revenue growth of 15.7% to ₹1,806 crore. EBITDA increased 19.7% to ₹158.5 crore, with margins improving marginally to 8.78%. The company added 182 stores during the quarter, taking the total to 5,112, while gross margin rose to ₹472 crore (26.2%).
Undertaking its second restructuring exercise in a year, EV manufacturer Ola Electric is set to cut 5% of its workforce. …
Deepening the debt market is critical from an issuer’s perspective to ensure access to long term, cost-effective funding and an investor’s perspective, offering liquidity, transparency and risk diversification.
The Bhavish Aggarwal-led company added that the layoffs were part of the company’s efforts to increase automation across front end operations.
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