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  • Published on Jan 31, 2025

    Disproportionate growth in wage, corporate profit poses risk to economy by curbing demand: Economic Survey

    Growth in corporate profits needs to be commensurate with wages to boost the economy, Economic Survey 2024-25 said, noting that sharp disparities between the two pose risk to the economy by curbing demand. The document tabled in Parliament on Friday ( …

    Source: The Hindu - Center-left
  • Published on Jan 31, 2025

    Offload fat profits to employees, Economic Survey to India Inc

    The Economic Survey 2024-25 on Friday strongly advocated that the India Inc must adequately compensate its employees to reduce income inequality, given that the corporate profitability has soared to a 15-year high in FY24. The Economic Survey seconded …

    Source: The Hindu Business Line - Neutral
  • Published on Jan 31, 2025

    Aptus Value Housing Q3 net profit rises 22% to ₹191 crore

    Aptus Value Housing Finance Ltd has posted a 22 per cent year-on-year increase in its net profit, reaching ₹191 crore for the quarter ended December 31, 2024, when compared with ₹157 crore in the same period last year. P Balaji, the company’s Managing …

    Source: The Hindu Business Line - Neutral
  • Published on Jan 31, 2025

    Punjab National Bank Q3 results: Net profit surges 103% to ₹4,508 crore

    Punjab National Bank (PNB), country’s second largest public sector bank, on Friday reported a 103 per cent increase in standalone net profit for the quarter ended December 31, 2024, at ₹4,508 crore (₹2,223 crore). On a sequential basis, the profit after …

    Source: The Hindu Business Line - Neutral
  • Published on Jan 31, 2025

    Q3 net profit of Karnataka Bank down

    Karnataka Bank posted a net profit of ₹283.60 crore in the third quarter (October-December) of 2024-25 as against ₹331.08 crore during the corresponding period of 2023-24, with a variation of 14.34 %. In the Board of Directors’ meeting held in Mangaluru on …

    Source: The Hindu - Center-left
  • Published on Jan 31, 2025

    City Union Bank Q3 results: Profit and income sees double-digit growth, asset quality improves

    City Union Bank has posted double-digit growth across all major financial indicators, with a notable improvement in asset quality during the December 2024 quarter. The old private sector bank saw its net profit rise by 13 per cent to ₹286 crore for the …

    Source: The Hindu Business Line - Neutral
  • Published on Jan 31, 2025

    Cholamandalam Investment posts 24% rise in net profit, disburses over ₹25,000 cr in Q3

    Cholamandalam Investment and Finance, a non-banking financial company (NBFC) under the Murugappa Group, reported strong financial growth during the quarter ended December 31, 2024. The company recorded significant increases in net profit, net income, and …

    Source: The Hindu Business Line - Neutral
  • Published on Jan 31, 2025

    Marico reports strong Q3: Net profit up 4.17% amid rising input costs

    Impacted by a rise in input prices, FMCG maker Marico Ltd posted a 4.17 per cent increase in consolidated net profit at ₹399 crore with revenue growth of 15.35 per cent in Q3.  The company reported an EBITDA margin of 19.1 per cent with domestic volume …

    Source: The Hindu Business Line - Neutral
  • Published on Jan 31, 2025

    Coromandel’s Q3 profit after tax up by 116%

    Coromandel International Limited, an agri inputs provider, has posted a net profit of ₹525 crore in the third quarter ended December 31, 2024, as against ₹243 crore in the comparable quarter last year, registering a growth of 116 p.c. The total Income in …

    Source: The Hindu Business Line - Neutral
  • Published on Jan 31, 2025

    Profits of ice-cream-manufacturer Vadilal rise 17% in Q3 2025

    The second largest ice-cream manufacturer in India --- Vadilal Industries Ltd --- reported a 29 per cent increase in net profit for the third quarter ending December 31, 2024 of the current financial year. The Ahmedabad-based company that has an ice-cream …

    Source: The Hindu Business Line - Neutral
  • Published on Jan 31, 2025

    Rising lignite production boosts GMDC’s profits by 26% during Q3 2025

    The Gujarat Mineral Development Corporation (GMDC)-- India’s largest merchant-seller and second largest producer of lignite --- reported a 26 per cent year-on-year increase in profits for the third quarter of the current financial year. Riding on improved …

    Source: The Hindu Business Line - Neutral
  • Published on Jan 31, 2025

    Karnataka Bank Q3 results: Net profit falls 14.34%

    Karnataka Bank recorded a net profit of ₹283.60 crore in the third quarter of 2024-25 against a net profit of ₹331.08 crore in the corresponding period of 2023-24, registering a decline of 14.34 per cent. During Q3 of 2024-25, the net interest income of …

    Source: The Hindu Business Line - Neutral
  • Published on Jan 31, 2025

    BEL posts 47% jump in Q3 profit, order book hits ₹71,100 crore 

    Bharat Electronics Limited (BEL), the Navratna Defence PSU, reported a 47.33 per cent increase in net profit to ₹1,316.06 crore for the third quarter of FY 2024-25, compared to ₹893.30 crore in the same period last year. The company’s turnover rose by 36. …

    Source: The Hindu Business Line - Neutral
  • Published on Jan 31, 2025

    Jindal Steel shares slump 6% as Q3 profit drops 51% 

    JSP (formerly Jindal Steel and Power) shares fell 6.36 per cent to ₹786.65 on the NSE today after the company reported a 51 per cent year-on-year decline in consolidated profit after tax to ₹951 crore for the third quarter ended December 2024. The stock …

    Source: The Hindu Business Line - Neutral
  • Published on Jan 31, 2025

    Bank of Baroda cuts NIM guidance after Q3 profit beat 

    The shares of Bank of Baroda (BoB) were trading at ₹213.30, down by ₹9.09 or 4.09 per cent on the NSE today at 3.05 pm. The shares reached its 52-weeks low today at ₹211.05. BoB has revised its net interest margin (NIM) guidance downward for FY25 to 3-3.1 …

    Source: The Hindu Business Line - Neutral
  • Published on Jan 31, 2025

    Bank credit grown steadily, SCBs seeing constant improvement in profitability: Economic Survey

    Bank credit has grown at a steady rate in the current financial year and there has been a consistent improvement in the profitability of Scheduled Commercial Banks (SCBs) as reflected in a fall in gross non-performing assets (GNPAs) accompanied by a rise …

    Source: The Hindu - Center-left
  • Published on Jan 31, 2025

    'A Disaster': Pokémon TCG Pocket Reddit in Flames Over Trading Details

    Pokémon TCG Pocket players are fed up with the game's trade feature after just one day. A big update arrived on Jan. 29, 2025, just as the leaks foretold, bringing a brand new set, new cards and the long-awaited trade feature. Unfortunately, trading …

    Source: Comic Book Resources (CBR) - Neutral
  • Published on Jan 30, 2025

    Nvidia RTX 5080 and RTX 5090 prices soaring to double or triple MSRP amidst shortages The RTX 50 series launch was ...

    Nvidia 50 series prices rising (Image source: Nvidia) The RTX 50 series launch was predictably discouraging for gamers desperate for a GPU upgrade. eBay scalpers are once again profiting, reselling the RTX 5090 for $6000 or more. Is there any hope of the …

    Source: Notebook Check - Label Pending
  • Published on Jan 30, 2025

    Adani Enterprises Q3 results: Profits plummet by 97% to ₹58 crore

    The quarterly profits attributable to the owners Adani Enterprises Ltd (AEL) -- the flagship company of the Adani Group -- fell sharply by 97 per cent to ₹58 crore in the third quarter of financial year 2024-25. The company attributed the dip in profits to …

    Source: The Hindu Business Line - Neutral

03 days 01:40:45

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