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Mahindra Finance To Delay Q4 Results Due To Detected Retail Vehicle Loan Financial Fraud

A financial fraud has been detected at the North East branch of Mahindra & Mahindra Financial Services during the end of the fourth quarter of the financial year ended March 31, 2024, the company informed the exchange in its filing on Monday. “We hereby inform you that during the end of 4th quarter of the […]

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PVR Inox Profit Falls 20% Despite Revenue Jump In Q3 FY24

PVR Inox reported a 20 per cent fall in its consolidated profit after tax (PAT) at 12.8 crore in the December quarter, compared with Rs 16.1 crore in the last year period. Revenue from operations rose 64 per cent YoY to Rs 1,546 crore in the reporting third quarter. This compares with Rs 940 crore […]

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Asian Paints Net Profit Jumps To Rs 1,475.16 Cr, Revenue Up 5% YoY

Asian Paints on January 17 reported a 34.5 per cent year-on-year rise (YoY) in its consolidated net profit at Rs 1,475.16 crore for the third quarter of the financial year 2023-24 compared to Rs 1,097.06 crore in the year-ago period.  The paint maker recorded a 5.4 per YoY increase in consolidated revenue to Rs 9,104 crore in […]

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Adani Ports Appoints New Auditor As Deloitte Resigns

The the Board of Directors at Adani Ports and Special Economic Zone Limited has appointed M S K A and Associates, an independent member firm of BDO International, as the statutory auditors of the company to fill the vacancy caused by the resignation of Deloitte Haskins and Sells LLP. The new auditor will hold office […]

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Brands Companies News

Raymond’s Net Profit Rises To Rs 1,065 Cr In Q1

Indian textiles maker Raymond reported on Friday a multifold jump in first-quarter profit, helped by an exceptional gain from the sale of its consumer business. Raymond’s consolidated profit was Rs 1,065 crore for the three months ended 30 June, compared with Rs 80.9 crore a year earlier. In April, Raymond agreed to sell its consumer […]

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