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Optiemus Infracom registers 46% YoY rise in Q1 PAT

Mumbai, Aug. 4 -- While EBITDA improved by 40% YoY to Rs 41.32 crore, EBITDA margin, however, contracted by 210 basis points YoY to 4.7% in the June'26 quarter. The company has posted a pre-tax profi... Read More


Gulf Oil Lubricants clocks nearly 32% YoY increase in Q1 PAT

Mumbai, Aug. 4 -- While EBITDA improved by 34.6% YoY to Rs 170.4 crore, EBITDA margin expanded by 20 basis points YoY to 12.9% in the June'26 quarter. Ravi Chawla, managing director & CEO, said: "We ... Read More


INR under pressure amid elevated oil prices and weakness in local equities

Mumbai, Aug. 4 -- The Indian rupee slipped 3 paise to close at 95.40 (provisional) against the US dollar on Tuesday amid elevated crude oil prices and weakness in domestic equities. Local shares ended... Read More


States raise Rs 24,086 crore through SGS auction; Gujarat rejects entire Rs 2,500 crore offering

Mumbai, Aug. 4 -- State governments and Union Territories collectively raised Rs 24,086.05 crore through the auction of State Government Securities (SGS) on Tuesday against the notified amount of Rs 2... Read More


Marico Q1 PAT climbs 25% YoY to Rs 630 cr

Mumbai, Aug. 4 -- Revenue from operations increased 23% YoY to Rs 3,957 crore in Q1 FY27, supported by 11% underlying volume growth in the India business and 15% constant currency growth in the intern... Read More


Nifty slips below 24,650 amid RBI caution, weekly expiry volatility

Mumbai, Aug. 4 -- The benchmark indices ended lower on Tuesday, snapping a four-session winning streak as investors booked profits ahead of the Reserve Bank of India's monetary policy decision due on ... Read More


Japan markets recover as technology stocks rebound

Mumbai, Aug. 4 -- Japan's stock market ended slightly higher on Tuesday, with the Nikkei 225 Index rising 0.32% to close at 63,957. The market recovered from early losses as technology stocks rebounde... Read More


China markets rise as AI and chip stocks rebound

Mumbai, Aug. 4 -- China's stock markets ended higher on Tuesday, with technology shares driving the gains after a recent selloff. The Shanghai Composite rose 0.3% to 3,822.3, while the Shenzhen Compon... Read More


Bharat Seats gains as Q1 PAT jumps 44% YoY to Rs 13 crore

Mumbai, Aug. 4 -- Revenue from operations rallied 35.30% to Rs 577.82 crore in Q1 FY27 as against Rs 427.06 crore posted in Q1 FY26. Profit before tax was at Rs 17.71 crore in Q1 FY27, up 43.51% as a... Read More


Economic Buzz: RBA commodity price index up around 15% on year

Mumbai, Aug. 4 -- Reserve Bank of Australia (RBA) stated today that preliminary estimates for July indicate that its index of commodity prices increased by 0.6 per cent (on a monthly average basis) in... Read More