23m ago
NRB Bearings shareholders sign off on FY26 results as PAT jumps 77% to ₹146 crore
NRB Bearings held its 61st annual general meeting on July 29, 2026, where shareholders approved the company’s FY26 financial statements. The company reported revenue of 1335亿卢比, up 11% year on year, and EBITDA of 267亿卢比, up 19%. Profit after tax rose 77% to 146亿卢比, while ROE and ROCE increased by 6 percentage points and 7 percentage points to 15% and 20%, respectively. The results underscore improved operations and profitability quality in India’s bearing manufacturing segment.
23m ago
24m ago
Rainbow Children’s Medicare Q1 profit climbs 13.2% as revenue rises 33.2%
Rainbow Children’s Medicare reported fiscal 2024 first-quarter revenue of ₹469.99 crore, up 33.2% year on year. Net profit rose 13.2% to ₹60.57 crore, while EBITDA increased 29.9% to ₹134.65 crore. EBITDA margin edged down to 28.7%, though results were still markedly stronger than a year earlier. The company is one of India’s leading paediatric specialty hospital chains, and its performance reflects rising domestic healthcare spending and operational efficiency at private hospitals.
24m ago
40m ago
UK dividends hit record £35.3bn in Q2 2026 as banks and miners drive payouts
UK companies paid a record £35.3bn in dividends in the second quarter of 2026, led by strong contributions from banks and miners. Mining dividends rose 27.5% year on year as higher precious metals and copper prices helped the sector recover from a cyclical low. HSBC was among the five largest dividend payers in the quarter. The figures point to a tangible boost to profitability and payout capacity for resource firms from firmer commodity prices, with copper singled out as a key driver.
40m ago
42m ago
U.S. stock futures hold steady as Microsoft jumps nearly 9% premarket, lifting Nasdaq futures 0.86%
Microsoft issued better-than-expected guidance for current-quarter revenue and cloud growth, while its capital expenditure outlook came in below Wall Street estimates, boosting confidence in the company’s cash-flow resilience and sending its shares up nearly 9% premarket. Nasdaq futures rose 0.86%, helping reverse a prior 10% pullback, and Dow and S&P 500 futures also edged higher. Meta Platforms slid 9.2% after reporting a 91% year-on-year drop in second-quarter free cash flow.
42m ago
45m ago
C2C Advanced Systems posts H2 FY 2025–26 earnings call audio after July 27, 2026 conference
C2C Advanced Systems reported H2 FY26 results for the year ended March 31, 2026, with revenue reaching 145.64 billion Indian rupees, up 26.5% year on year. Basic earnings per share fell 48.2% to ₹10.92. The company’s auditors stated in the financial report that it faces a liquidity crisis and raised material doubt about its ability to continue as a going concern. The audit view was presented as a substantive risk signal affecting the stock’s credit standing and market confidence.
45m ago
45m ago
Leela Palaces promoters pledge 55.91% stake to secure US$500 million term loan
Promoters of Leela Palaces Hotels & Resorts pledged 55.91% of the company’s equity, or 186.7 million shares, to secure a US$500 million term loan. The pledged stake includes a 45.81% holding by Project Ballet Bangalore Holdings (DIFC) Pvt Ltd. The security cover ratio is 1.93. The proceeds will be used for payments or distributions to investors, repayment of shareholder loans, and transaction costs related to the facility.
45m ago