Sunteck’s Revenue Rises, But Collections Fall
Sunteck Realty reported a brilliant third quarter with its net profit rising 34% to Rs 57 crore, led by a whopping 113% jump in revenue to Rs 344 crore. Pre-sales also reported healthy growth of 16% to Rs 734 crore. However, this positive revenue growth was juxtaposed with a slight…
V-Guard Profit Hit By One-Time Costs Amid Sector Headwinds
V-Guard Industries Ltd. reported a 5.3% fall in consolidated net profit year-on-year to ₹57 crore in the December quarter, due to an exceptional loss of ₹22.11 crore on account of new labor codes. However, the company’s underlying performance was quite resilient, with revenue from operations rising 10.6% to ₹1,403.5 crore.…
Eaton will separate its mobility division into a separate entity.
Eaton has announced that it plans to spin off its Vehicle and eMobility businesses, also known as the Mobility Group, into a separate company. This move will allow Eaton to focus on the growth of its Electrical and Aerospace businesses. Driving Eaton’s 2030 growth strategy: According to Eaton’s Chief Executive…
On “lacklustre” Q3 earnings, Asian Paints shares fell 7%; brokerages predict a delay in the recovery of demand
As brokerages examined Asian Paints’ earnings for the October-December quarter of the current fiscal year 2026, the company’s shares fell by about 7% on January 28. Early on Wednesday, the paint manufacturer’s shares fell to Rs 2,451 a share. The stock is at its lowest point since October of last…
