Murugappa group’s Tube Investments of India Ltd (TII) has posted 17% growth in its standalone net profit for the December quarter at ₹189 crore over the corresponding period last year. Revenue from operations stood at ₹2,152 crore compared with ₹1,910 crore, of which Engineering division accounted for ₹1,438 crore, Metal Formed Products division ₹408 crore, […]

Mining behemoth Vedanta is entering a conclusive phase of its growth journey, combining disciplined capital investment, record financial performance and a major structural transformation through its proposed demerger. The company’s strategy is focused on value-added expansion across its diversified natural resources portfolio while improving capital efficiency and long-term earnings visibility. Growth Capex on Track, Focused […]

Manali Petrochemicals Ltd (MPL), a part of AM International, has posted a multifold increase in its consolidated net profit for the December quarter at ₹68 crore over the corresponding period last year, driven by steady improvement in operating efficiencies and a measured approach to market demand. During the quarter under review, revenue from operations stood […]

Seshasayee Paper and Boards Ltd. (SPBL) reported a largely flat performance in the December quarter, with standalone net profit at ₹15.53 crore compared with ₹15.81 crore in the year-ago period, impacted by a sharp decline in exports following steep U.S. tariff hikes. Revenue from operations fell to ₹387 crore from ₹431 crore a year earlier. […]

Heritage Foods Ltd (HFL) upcoming ice cream manufacturing facility in Shamirpet, Hyderabad is on track for commercial commissioning in a month or two, with trial production currently underway, said its CEO Srideep Kesavan. According to him, the flavoured milk plant at the location is also expected to be commissioned during the current quarter, strengthening the […]