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BEML’s Q2 profit drops amid weakening demand

BEML’s material costs, which constitute over half of its expenses, rose slightly by 0.2%, while total expenses dropped 7% to Rs 8.2 billion.Read more

Indian manufacturers target 2-3x profit growth with Industry 5.0: PwC

Industry 5.0 signifies a shift from prioritising economic value to generating societal value, emphasising overall well-being rather than just welfare.Read more

Texmaco Rail reports 183% surge in Q1 net profit to Rs 357.3 million

In a strategic move, Texmaco Rail announced plans to acquire Jindal Rail Infrastructure for approximately Rs 6.15 billion.Read more

Samvardhana Motherson reports Q1 results; rise in profit, loss in share price

Following the results, Samvardhana Motherson's shares fell by as much as 4.5%, closing 2.8% lower at Rs 182.9. Despite this decline, the stock has gained 70% in 2024.Read more

Dixon Technologies signs MoU with Acerpure for consumer appliance manufacturing

Acerpure is involved in the trade, import, and export of consumer durables, home appliances, peripherals, accessories, components, parts, and related services.Read more

Siemens Limited declares 19% increase in revenue; 74% higher PAT in Q2 FY24

Revenue of Rs 52.48 billion was seen as a 19% increase over the same quarter in the preceding year.Read more

Waste pooling collaboratives for profitable circular economy

Waste reduction is one of the key steps towards sustainability. Companies opt for recycle, reuse and refurbish waste to create value. Here, R Jayaraman explains the concept of waste pooling collaboratives (WPC) for profitable circular economy.Read more

Bosch registers 12.9% profit before tax in Q2 FY 2023-24

Profit after tax (including exceptional items) stood at 24.2 percent of total revenue from operations.Read more

Bosch registers 12.8 % profit before tax in Q1 FY 2023-24

Total revenue from operations in Q1 of FY 2023–24 is up 17.3 per cent over the same quarter of previous year. Profit after tax stood at 9.8 percent of total revenue from operations. Read more

Sundram Fasteners shows Rs 500 Cr profit in audited financial results for FY23

The board of directors of Sundram Fasteners Limited announced the audited financial results for the year ended March 31, 2023. It showed the twin milestones of crossing consolidated revenues of Rs 5,000 crores and net profit of Rs 500 crores by the company.Read more

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