Business Archives - Page 134 of 177

26 Apr

Mahindra Holidays: Q4 PAT Standalone up 61%; Consolidated up 12% YoY

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#MahindraHolidaysPATup 7 New managed resorts added during the year Chandigarh: Mahindra Holidays & Resorts India Ltd. ('Company'), India's leading leisure hospitality provider, reported its standalone and consolidated financials for the fourth quarter and year ending 31st March 2025. Highlights FY25 · Highest ever inventory addition of 520 keys · Strong growth in resort revenue, Rs 396 Cr (+8% YoY) · 1.4 million+ guests welcomed; occupancy stableat 84% on expanded inventory base · Average Unit Realisation (AUR) at Rs 5.73L (+ 39% YoY) · Deferred Revenue stands at Rs. 5,736 Cr · Cash Position at Rs. 1555 Cr as on 31st…

26 Apr

#DCB Bank’s Profit After Tax (PAT) for Q4 FY 2025 was at INR 177 Cr. In comparison #DCBBank

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#DCBBankPATUP #DCBBank announces Full Year 2025 Results Chandigarh: The Board of Directors of DCB Bank Ltd. (BSE: 532772; NSE: DCB) at its meeting in Mumbai on April 25, 2025, approved the audited financial results for the quarter ended March 31, 2025 (Q4 FY 2025) and Year ended March 31, 2025 (FY2025) along with audit report by statutory auditors ‘Varma & Varma, Chartered Accountants’ and ‘B S R & Co. LLP, Chartered Accountants’. 1) The Yes Bank’s Profit After Tax (PAT) for Q4 FY 2025 was at INR 177 Cr. In comparison Profit After Tax for Q4 FY 2024 was at…

26 Apr

#RILResults Q4 FY2024-25: रिलायंस इंडस्ट्रीज ₹ 10 लाख करोड़ से अधिक की कुल इक्विटी पार करने वाली पहली भारतीय कंपनी

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रिलायंस इंडस्ट्रीज़ लिमिटेड ने वित्तीय वर्ष 2024-25 और Q4 यानि चौथी तिमाही के नतीजे घोषित किए #RILResultsQ4FY202425 Mumbai: FY2024-25 रिलायंस ने ₹1,071,174 करोड़ ($125.3 बिलियन) का रिकॉर्ड वार्षिक कंसोलिडेटेड राजस्व दर्ज किया, जो पिछले वर्ष की तुलना में 7.1% अधिक है। यह उपभोक्ता व्यवसायों और O2C में निरंतर राजस्व वृद्धि के दम पर हुआ है। FY2024-25 रिलायंस का वार्षिक कंसोलिडेटेड EBITDA वर्ष-दर-वर्ष 2.9% बढ़कर ₹183,422 करोड़ ($21.5 बिलियन) हो गया, जिसमें उपभोक्ता व्यवसायों का योगदान शानदार रहा। FY2024-25 रिलायंस का वार्षिक कंसोलिडेटेड कर पश्चात लाभ और एसोसिएट्स और JVs के लाभ/(हानि) का हिस्सा वर्ष-दर-वर्ष 2.9% बढ़कर ₹81,309 करोड़ ($9.5 बिलियन)…

25 Apr

Big Change for investors from June 1: SEBI revises cut-off timing for overnight mutual funds

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#SEBIBigChangeJune1formutualfunds Chandigarh: The Securities and Exchange Board of India (SEBI) has notified a change in the cut-off timing used to determine the applicable Net Asset Value (NAV) for redemptions in overnight and liquid mutual fund schemes. The new timings will take effect from June 1, 2025. This move is linked to SEBI’s ongoing efforts to strengthen the safety of client funds held with brokers and clearing members. Earlier, mutual fund houses applied the NAV based on a uniform cut-off time across channels. Now, SEBI has introduced separate cut-off timings for online and offline redemption requests in overnight schemes. Redemption requests submitted…

25 Apr

Mumbai Indians to celebrate #ESADay on April 27 at the Wankhede with 19,000 kids

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#MIplayersESADay “This is a very special game — you can be the inspiration for thousands of children.” – Mrs. Nita M. Ambani urges MI players ahead of ESA Day Mumbai: Mumbai Indians’ game against Lucknow Super Giants, scheduled for Sunday, 27th April at the Wankhede Stadium in Mumbai, will be dedicated to the Education and Sports for All (ESA) initiative championed by Mrs. Nita M. Ambani. The annual ESA game is one of the biggest highlights of the IPL season every year for the Mumbai Indians, with thousands of spirited children from NGOs across the city lighting up the stadium…

25 Apr

IHCL STRENGTHENS PRESENCE IN GOA, SIGNS A SELEQTIONS HOTEL IN ANJUNA

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#IHCLGOAHOTELANJUNA Chandigarh: Indian Hotels Company (IHCL), India’s largest hospitality company, today announced the signing of a SeleQtions hotel in Anjuna, Goa, a conversion of a standalone resort with expansion of inventory to 51 keys. Ms. Suma Venkatesh, Executive Vice President - Real Estate & Development, IHCL said, “Goa, with its vast and scenic coastline, remains one of India’s most sought-after travel destination. It continues to witness growing demand for experiential stays in distinctive locations like Anjuna. With a legacy of over five decades in the state, this signing reinforces IHCL’s strategy of deepening its presence in key leisure markets. We…

25 Apr

Ather Energy Limited: Initial public offering to open on Monday, April 28, 2025

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#AtherEnergyIPOon28April · Price Band fixed at ₹ 304 per equity share to ₹ 321 per equity share of the face value of ₹1 each (“Equity Shares”) of Ather Energy Limited (the “Company”) Chandigarh: Ather Energy Limited (the “Company”) proposes to open an initial public offering (“Offer”) of its equity shares of face value of ₹1 each (“Equity Shares”) on Monday, April 28, 2025. The Anchor Investor Bidding Date is one Working Day prior to Bid/Offer Opening Date, being Friday, April 25, 2025. The Bid/ Offer Closing Date is Wednesday, April 30, 2025. The Price Band of the Offer has been…

25 Apr

SBI Life Insurance registers New Business Premium of Rs. 35,577 crores

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#SBILifeNBP35577cr Chandigarh: SBI Life Insurance, one of the leading life insurers in the country registered a New Business Premium of Rs. 35,577 crores for the year ended on 31st March, 2025 vis-a-vis Rs. 38,238 crores for the year ended March 31, 2024. Regular premium has increased by 11% over previous year ended on 31st March, 2024. Establishing a clear focus on protection, SBI Life’s protection new business premium stood at Rs. 4,095 crores for the year ended March 31, 2025. Protection Individual new business premium stands at Rs. 793 crores for the year ended March 31, 2025. Individual New Business…

24 Apr

Gold has given over 35% returns since last Akshaya Tritiya

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#Goldat1lakhreturnhigh Prices have touched the symbolic ₹1 lakh mark for 24K gold per 10 grams New Delhi: Gold has rewarded those who invested last Akshaya Tritiya with substantial gains. But with prices at record highs and volatility lurking, experts recommend a measured approach—whether you're looking to sell or buy. If you bought gold on Akshaya Tritiya in 2024, you’re likely sitting on over 35% gain today. According to Puja Singh, CEO of Manipal Fintech, 10 grams of gold bought around ₹73,000 last year is now valued at nearly ₹1 lakh. “The rally has been impressive, outperforming most other asset classes,”…

24 Apr

Axis Bank reporting annual net profit of Rs. 26,373 crores, up 6% YOY

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#AxisBanknetprofit26373crores CASA growth of 10% QOQ and total deposits growth of 7% QOQ Chandigarh: Axis Bank, announced its Q4FY25 and annual results today, reporting annual net profit of Rs. 26,373 crores, up 6% YOY as compared to profit of Rs. 24,861 crores in FY24. The Bank’s Net Interest Income (NII) grew 6% YOY to Rs 13,811 crores. Net Interest Margin (NIM) for Q4FY25 stood at 3.97% and grew 4 bps QOQ. CASA grew 10% QOQ with CASA ratio at 38% QAB basis. As on 31st March 2025, the Bank’s reported Gross NPA and Net NPA levels were 1.28% and 0.33% respectively as…