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The overall profit in Q4FY22 logged growth of 19.7% as against the previous corresponding quarter.

Vacancy across Grade A projects also declined during the quarter, indicating a healthy demand environment in the sector

New green development center will foster technology and R&D for automotive, media and telecom industries.

Nifty IT dragged benchmark Nifty 50 and other sectoral indices by plunging at least 340 points or 1.1%.

Schaeffler India reported 48.4% increase in net profit to Rs 207.1 crore on a 19% rise in total revenue to Rs 1,567.5 crore in Q1 CY2022 over Q1 CY2021.

This order will help the company to boost its production and contribute to the top line of the company.

The diversified NBFCs consolidated net profit surged 80% to Rs 2,419.51 crore on 25.90% increase in total income to Rs 8,630.28 crore in Q4 March 2022 over Q4 March 2021.

Board of Directors have recommended a Final Dividend of Rs1.5 per share taking the total dividend to Rs2.4 per share for the Financial Year 2021-2022.

Record date for dividend is 02 May 2022

Equity indices saw gap-down opening and traded with losses in early trade amid negative global cues. The Nifty traded below the 17,100 level. At 9:20 IST, the S&P BSE Sensex fell 390.73 points or 0.68% to 56,965.13. The Nifty 50 index declined 113.55 points or 0.66% to 17,087.25. The broader market traded with losses as well. The S&P BSE Mid-Cap index fell 0.29% while the […]