Bajaj Finance reported a strong increase in quarterly revenue and earnings. Piramal Enterprises swung to a quarterly loss. Aditya Birla Sun Life reported a muted rise in its quarterly profit.
Adani Power reported a sharp jump in revenue and earnings in its latest quarter. Shriram Finance reported muted revenue and earnings growth in the December quarter. SJVN won an auction to build a power plant in Gujarat. LIC won approval to increase its stake in HDFC Bank.
Canara Bank and Indian Bank reported a surge in quarterly revenue and profit. Tata Steel swung to a quarterly profit. Tech Mahindra reported a decline in revenue and profit.
REC surged after the electrification company reported sharply higher earnings. Axis Bank and Karnataka Bank declined after their net interest margins fell in the latest quarter.
Cipla reported sharp gains in revenue and earnings in its latest quarter. Oberoi Realty said quarterly revenue and earnings declined. MRPL swung to a quarterly profit but revenue decline in the latest quarter.
Mastek announced an interim dividend. Metro Brands said quarterly earnings declined. Finolex Industries reported mixed quarterly results. Shalby agreed to acquire a majority stake in PK Healthcare.
ICICI Prudential reported a slight increase in its quarterly profit. LTIMindtree reported weaker-than-expected quarterly revenue growth. Oracle Financial said quarterly revenue and earnings soared.
HDFC Bank reported a surge in net profit and net interest income. L&T said it won several construction orders in India and Oman. TV18 Broadcast swung to a loss after the company stepped up investment in new channels.
BLS agreed to acquire a Turkey-based visa processing company. Angle One dropped after the stock brokerage company reported weaker-than-expected quarterly results. Aster DM plans to distribute the proceeds of the Middle East business sale to shareholders.
Wipro reported a drop in quarterly profit and sales, and the company predicted modest growth in sales for the current quarter. HCL Technology reported strong quarterly sales and earnings growth. BHEL won an order to build a power plant from NLC India.
TCS and Infosys report quarterly results that meet market expectations. HDFC Asset Management saw strong gains in revenue and earnings in the December quarter. Tata Power plans to build 10 GW of renewable power plants in Gujarat.
Polycab plunged more than 20% on worries of a wider income tax probe and fines. Phoenix Mills said retail store consumption at the company malls rose to a record high in the December quarter. Kalyani Steels won an auction to acquire the assets of Kamineni Steel.
Shyam Metallics completed a secondary equity offering. Delta Corp. reported a sharp decline in quarterly earnings. Power Grid is set to complete its bond offering today.
Tata Motors's JLR subsidiary said December quarter sales were the highest in nearly three years. Bajaj Auto announced a stock repurchase plan. IRB Infrastructure said December toll revenue rose by 26%.
Godrej Consumer Products estimated muted sales growth in the December quarter. Marico said revenue is expected to decline in the latest quarter. Bank of Baroda said global deposits declined in the December quarter.
