Ather Energy Ltd. is on the cusp of operational profitability, even as net loss narrows meaningfully for what is perhaps the fastest growing electric two-wheeler maker in India. Ather Energy co-founders Tarun Mehta (left) and Swapnil Jain. (Tushar Deep Singh/HT) Standalone net loss of the Bengaluru-based EV maker narrowed to ₹84.6 crore in the three […]
Wipro Ltd. grew is a seasonally weak quarter for India’s IT services industry, even as profitability took a hit due to costs related to the new labour codes. Wipro CEO Srinivas Pallia. (Bloomberg) Revenue of India’s fourth-largest IT services firm rose 3.8% over the previous quarter to ₹23,556 crore in the three months ended 31 […]
Shares of DMart parent Avenue Supermarts Ltd. surged after its latest quarterly results showed outsized growth in profitability. A DMart outlet on Ghodbunder road in Thane, Mumbai. (Mint) On Monday (12 January 2026), DMart’s share price rose as much as 2.96% to ₹3,917.95 apiece on the BSE even as the benchmark S&P BSE Sensex fell […]
India’s largest cigarette maker ITC Ltd. wiped out nearly $7 billion (~ ₹63,000 crore) in market capitalisation after the government’s cigarette “tax shock” stoked concerns on profitability. ITC is India’s largest cigarette maker, deriving more than 40% revenue from the product. (Reuters) ITC’s share price fell as much as 5.11% to ₹345.35—the lowest since February […]
Sun Pharmaceutical Industries Ltd. delivered on its quarterly profit in July-September 2025, helped by strong demand for its drugs in India. Operational profitability, however, dipped. Sun Pharma’s US sales dipped 4.1% year-on-year to ₹4,400 crore in July-September 2025. (Reuters) Net profit of India’s largest drugmaker rose 2.6% over the year-ago period to ₹3,118 crore in […]