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Q4FY24 results: KFIL reports standalone EBITDA at Rs 96.9 crore, sees 39 per cent decrease Y-o-Y

Q4FY24 results: KFIL reports standalone EBITDA at Rs 96.9 crore, sees 39 per cent decrease Y-o-Y

Published : 20, May 2024

As far as consolidated Q4 FY 2023-24 financial performance is concerned, the operating revenue was at Rs 1,535.9 crore whereas EBITDA stood at Rs 165.1 crore for Q4 FY24.

Q3 FY24 results: Kennametal India sees 5.1 per cent growth in sales and 135 per cent increase in Profit Before Tax

Q3 FY24 results: Kennametal India sees 5.1 per cent growth in sales and 135 per cent increase in Profit Before Tax

Published : 17, May 2024

The sales acceleration is attributed to growth in the domestic market in both the hard metals and machine tools segments, while the increase in PBT primarily resulted from revenue growth,...

JSW Group's B2B e-commerce arm touches the GMV target rate of US $1 billion in FY24

JSW Group's B2B e-commerce arm touches the GMV target rate of US $1 billion in FY24

Published : 17, May 2024

The company intends to continue to scale up and maintain high growth rates while building on allied categories. JSW One is revolutionising B2B e-commerce, with over 70 per cent of repeat...

69 per cent of businesses focus on using AI to spur innovation and increase revenue: TCS Global AI Study

69 per cent of businesses focus on using AI to spur innovation and increase revenue: TCS Global AI Study

Published : 16, May 2024

The ‘TCS AI for Business Study’, a comprehensive report on the state of AI adoption and its impact on businesses, also finds that 69 per cent of businesses are more focused on using...

Siemens Limited announces Q2 FY 2024 results; registers 19 per cent increase in revenue

Siemens Limited announces Q2 FY 2024 results; registers 19 per cent increase in revenue

Published : 14, May 2024

The profit after tax stood at Rs. 896 crore (17 per cent of revenue), representing a 74 per cent increase compared to the same period last year. Additionally, the company received new...

Shanthi Gears reports 25 per cent revenue increase in Q4 FY24

Shanthi Gears reports 25 per cent revenue increase in Q4 FY24

Published : 9, May 2024

The Profit Before Tax (PBT) stood at Rs 31.9 crores in Q4 with a 20 per cent growth over Q4 of previous year, whereas in the financial year, the PBT of Rs 109.6 crores was reported...

Henkel raises sales and earnings outlook for 2024

Henkel raises sales and earnings outlook for 2024

Published : 6, May 2024

Based on preliminary figures, Henkel generated Group sales of around 5.3 billion euros in the first quarter of 2024, achieving strong organic sales growth of 3.0 per cent.

Hitachi Vantara reveals its sustainable commitment

Hitachi Vantara reveals its sustainable commitment

Published : 23, Apr 2024

The report sets ambitious goals, aiming for carbon neutrality by fiscal year 2030 and increasing female representation in leadership to 30% by the same year. Additionally, Hitachi Vantara...

Sterling and Wilson Renewable Energy reports over 50 per cent revenue growth

Sterling and Wilson Renewable Energy reports over 50 per cent revenue growth

Published : 22, Apr 2024

SWREL has turned EBITDA positive at Rs 54 crore in FY24, marking a strong recovery in financial performance. The company recorded robust growth in the domestic EPC business, leading...

Hindustan Zinc reports results for fourth quarter; records net profit at Rs 7,759 Crore

Hindustan Zinc reports results for fourth quarter; records net profit at Rs 7,759 Crore

Published : 22, Apr 2024

Operational highlights include record-high production of mined metal and refined metal, with notable improvements in zinc, lead, and silver production. Financially, revenue from operations...