The FinTech Hub
Source: Live Mint PFC share price: Power Finance Corporation (PFC) share price surged nearly 9% on Monday’s session, following the company reporting a nearly 9% increase in consolidated net profit to ₹7,214.90 crore for the September quarter, primarily driven by greater revenues. The company reported a profit of ₹6,628.17 crore for the same duration of…
Source: Live Mint When the bar is set high, every shortfall appears glaring. A case in point is Trent Ltd’s September quarter (Q2FY25) results where the retailer clocked almost 40% standalone revenue growth to ₹4,036 crore. Taken in isolation, growth is simply stellar. However, it is a moderation from the 50% plus growth rates seen…
Source: Live Mint It was a foregone conclusion that Dabur India Ltd’s September quarter (Q2FY25) results would disappoint, as the company’s business update earlier this month had already cautioned of a weak quarter. Unsurprisingly, Dabur’s shares reacted with only a muted response. Read this | Dabur’s September-quarter update pours cold water on market hopes Consolidated…
Source: Live Mint MUMBAI : Bharti Airtel Ltd has done well on one count in the September quarter (Q2FY25), but fell short on another. First, the good news. Airtel has widened its lead over rival Reliance Jio Infocomm Ltd in terms of Arpu or average revenue per user. Airtel’s Arpu rose 10.6% sequentially to ₹233…
Source: Live Mint For ayurveda-based consumer goods giant Dabur India Ltd, the just-concluded September quarter was a washout. While demand saw some improvement, adverse weather conditions, including heavy rainfall and floods, hurt out-of-home consumption, especially for beverages, Dabur said in a business update. In reaction, the stock fell by nearly 7% in afternoon trade on…
