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Credo Brands hits the roof on robust Q4 results

Mumbai, May 23 -- Sequentially, the company's net profit fell 24.18% while net sales declined 1.49% in Q4 FY25 over Q3 FY25. Profit before tax (PBT) stood at Rs 18.9 crore in Q4 FY25, up 92% year-on-... Read More


Sun Pharmaceutical Industries fixes record date for final dividend

Mumbai, May 23 -- Sun Pharmaceutical Industries has fixed 07 July 2025 as record date for payment of final dividend of Rs 5.50 per share for FY 2024-25. The dividend will be paid on or before 08 Augus... Read More


Nifty climbs above 24,750 mark; IT shares jump

Mumbai, May 23 -- The key equity indices traded with significant gains in morning trade. The Nifty traded above the 24,750 mark. The market displayed resilience despite concerns over rising interest r... Read More


Board of Morepen Laboratories approves availing of working capital loan of Rs 50 cr

Mumbai, May 23 -- The Board of Morepen Laboratories at its meeting held on 23 May 2025 has approved inter-alia, availing of working capital demand loan facility, packing credit facility and post shipm... Read More


Power Mech Projects spurts after Q4 PAT climbs 54% YoY to Rs 130 cr

Mumbai, May 23 -- The robust bottom-line performance was driven by strong revenue growth and steady operating margins. Revenue from operations rose 42.39% YoY to Rs 1,853.28 crore in Q4 FY25, from Rs... Read More


HFCL reports dismal Q4 outcome

Mumbai, May 23 -- Revenue from operations tanked 39.61% year on year on to Rs 800.72 crore in the fourth quarter of FY25. The firm reported a pre-tax loss of Rs 104.93 crore in Q4 FY25, compared to a... Read More


Metro Brands records nearly 39% YoY decline in Q4 PAT; EBITDA rises to Rs 199 crore

Mumbai, May 23 -- EBITDA improved by 24.5% to Rs 199 crore in the fourth quarter from Rs 160 crore recorded in the same period last year. EBITDA margin expanded by 360 basis points year-over-year (YoY... Read More


Economic Buzz: New Zealand retail sales rise 0.8% in Q1

Mumbai, May 23 -- The total volume of retail sales in New Zealand was up a seasonally adjusted 0.8 percent on quarter in the first quarter of 2025, Statistics New Zealand said on Friday. The total va... Read More


Economic Buzz: Japan nationwide inflation climbs 3.6% on year in April

Mumbai, May 23 -- Consumer prices in Japan were up 3.6 percent on year in April, the Ministry of Internal Affairs and Communications said on Friday - in line with expectations and unchanged from the M... Read More


Nibe Ordnance & Maritime reports consolidated net loss of Rs 0.04 crore in the March 2025 quarter

Mumbai, May 23 -- Net Loss of Nibe Ordnance & Maritime reported to Rs 0.04 crore in the quarter ended March 2025 as against net loss of Rs 0.09 crore during the previous quarter ended March 2024. Ther... Read More