Axis Bank has begun the new financial year on a strong note, reporting a significant increase in its first-quarter earnings. The private sector lender posted a 23% year-on-year rise in consolidated net profit, reaching ₹7,114 crore for the quarter ended June 30. The strong financial performance reflects healthy business expansion, steady credit growth, disciplined cost...
Shares of Life Insurance Corporation of India witnessed a sharp rally in market trading after the insurance giant announced strong fourth-quarter earnings along with its first-ever bonus share issue, a move that significantly boosted investor sentiment and renewed market optimism around the stock. The company’s latest financial performance reflected improvement across several operational and profitability...
JSW Cement reported a strong financial performance for the fourth quarter, posting a consolidated net profit of ₹362 crore for the January–March period. The company also announced a dividend of ₹0.50 per equity share, signaling confidence in its financial stability and future growth outlook. The earnings announcement comes amid improving demand conditions in the construction...