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The company’s revenue declined 7% year-on-year to Rs 5,519 crore in the July-September period. Profit before exceptional items and tax fell 10% to Rs 2,305 crore for the quarter. The company had provided for an exceptional item of Rs 2,363 crore in the year-ago quarter.

Mankind Pharma witnessed a 29% surge in consolidated net profit, reaching Rs 658.88 crore in the second quarter, ending September 2024. This growth was fueled by volume recovery and a strong performance in the chronic segment. Their revenue also saw a rise of 13.6%, reaching Rs 3,076.51 crore, attributed to operational leverage and steady revenue growth.

Salesforce India reported a 40% surge in net profit to Rs 888.3 crore in FY24, fueled by a 36% revenue growth that crossed USD 1 billion.

Swiggy is in competition with Zomato in food delivery, quick commerce and dining out. Here’s how they stack up

U.S. stock indexes opened higher on Tuesday, as voting began in a tightly contested presidential election, with traders girding up for volatile trading over the next few sessions until a winner is declared.

Market borrowing by Indian companies for their short-term needs fell in the first half of October from a month earlier, show latest data, likely due to non-banking finance companies slowing down activities with the central bank raising concerns about certain business practices.

Nifty opened negatively but recovered in the second half, forming a piercing line candle on the daily chart. A move above 24,320 could extend the rally to 24,500-24,600. However, a break below 23,890 could trigger further weakness.

Muthoot Microfin saw a 44% year-on-year fall in net profit for the second quarter at Rs 61.6 crore, primarily as the result of the stress in the microfinance sector and higher employee cost.

The union government on Tuesday proposed to sell up to 2.5% stake in Hindustan Zinc through an offer for sale (OFS), which opens on November 6. The floor price for the same is fixed at Rs 505 apiece, which is nearly 10% discount to the current market price.