MANUFACTURING
Tube Investments Q4 PAT Rises 16%; Board Approves ₹350-Cr Fund Raise
Tube Investments of India Ltd, part of the Murugappa Group, reported a 16% increase in standalone net profit for the March quarter at ₹284 crore compared with the year-ago period. The company had reported a net profit of ₹814 crore in the corresponding quarter last year, which included a fair value gain of ₹569 crore […]
CW Bureau
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May 13, 2026
BANKING & FINANCE
Karur Vysya Bank Q4 Net Up 41% To ₹725 Cr On Improved Asset Quality
Private sector lender Karur Vysya Bank (KVB) posted a 41% increase in its March quarter net profit to ₹725 crore, up from ₹513 crore in the corresponding period a year ago due to improved asset quality and increase in interest income. KVB’s net interest income increased by 25% to ₹1,359 crore from ₹1,089 crore. Net interest […]
CW Bureau
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May 7, 2026
BANKING & FINANCE
Union Bank Of India Reports 3.95% Rise In FY26 Net Profit At ₹18,697 Cr
Union Bank of India reported a 3.95% increase in net profit at ₹18,697 crore for the year ended March FY26, supported by improved asset quality and steady business growth. Interest income stood at ₹1,05,992 crore during the year. However, net interest income (NII) declined 1.49% to ₹36,659 crore, while net interest margin (NIM) contracted by […]
CW Bureau
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Apr 23, 2026
STARTUP/TECHNOLOGY
HCLTech Revenue Rises 3.9% CC In FY26 Led By Demand For Advanced AI
Deal wins at $9.3 billion; FY27 guidance at 1–4% amid uncertain demand HCLTech, a global technology company, reported a 3.9% growth in revenue for FY26 in constant currency (CC), reflecting resilience amid a challenging demand environment. Revenue in dollar terms rose 6% to $14.7 billion, while services revenue grew 4.8%, led by IT and Business […]
CW Bureau
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Apr 22, 2026
BANKING & FINANCE
Bank Of Maharashtra Reports 35% Rise In Q4 Net Profit At ₹2,014 Cr
Bank of Maharashtra has posted a 35% increase in its net profit for the March Quarter at ₹2,014 crore over the year ago period on improved asset quality and total business. Net Interest Income (NII) grew by 19% to ₹3,702 crore and net revenues improved by 13% from ₹4,097 crore. Net Interest Margin domestic stood […]
CW Bureau
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Apr 20, 2026