42m ago
Empire Industries FY26 net profit rises 49.6% to ₹515.48 crore, proposes ₹50 dividend per share
Empire Industries posted FY26 net profit of ₹515.48 crore, up 49.6% from the prior year. Revenue from operations increased 8% to ₹7,312.01 crore. Other income rose 24% to ₹184.68 crore, supported by exchange rate variation gains and surplus on sale/redemption of investments. Earnings per share came in at ₹85.91, and the board proposed a total dividend of ₹50 per share, double the previous year.
42m ago
43m ago
Dishman Carbogen Amcis posts ₹579 million Q1FY27 loss as CDMO project worth CHF 10 million is deferred
Dishman Carbogen Amcis reported a consolidated net loss of ₹579 million in Q1FY27, reversing from a net profit of ₹234 million a year earlier. Revenue fell 4.3% year on year to ₹6,776 million. CDMO revenue declined 12.6% to ₹5,344 million after customers asked to push project deliverables worth about CHF 10 million to the second half of the financial year. CDMO’s share of revenue slipped to 79% from 83% in FY26.
43m ago
1h ago
Australian Clinical Labs shares jump 17% to $2.75 after profit beat and 9.25c dividend
Australian Clinical Labs Ltd (ASX: ACL) reported full-year revenue of A$735.8 million at the lower end of its guidance, while underlying net profit of A$35.5 million topped consensus expectations of A$31 million. The company’s margin improved year on year to 9.4% and it declared a fully franked dividend of 9.25 cents per share. The shares surged more than 20% intraday before closing up 17% at A$2.75, near the stock’s 12-month high of A$2.97.
1h ago
1h ago
Strategy shares fall 3.5% after MSCI proposes removing MSTR from Global Investable Market Indexes
Shares of bitcoin development company Strategy fell 3.5% in the afternoon session. MSCI has proposed removing the company from its Global Investable Market Indexes as part of a potential rule change for nonoperating firms with large treasury asset holdings. Investor concerns were also heightened by a recent sale of 1,690 BTC worth roughly $109 million below the company’s average cost basis. Bitcoin slid below $63,000, extending a downtrend since mid July and weighing further on sentiment.
1h ago
1h ago
Japan stocks slip as Q2 GDP growth comes in at 1.1%, below 2.0% forecast
Japan’s Cabinet Office data showed the economy expanded at an annualised 1.1% in the second quarter, undershooting the market’s 2.0% expectation. Private consumption was flat and capital spending fell 1.2% quarter on quarter, stoking worries about weak domestic demand. The Nikkei 225 slipped 0.01% to 68,721.56 in early trading, while the Topix fell 0.48% to 4,177.02. Among heavyweights, Kioxia Holdings rose 5.14% and Trend Micro dropped 8.94%.
1h ago