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2025-05-02 07:54:02| The Economic Times

The Supreme Court has nullified JSW Steel's resolution plan for Bhushan Power and Steel Ltd, deeming it illegal and ordering liquidation. JSW's plan involved a significant haircut for lenders, offering Rs 19,350 crore to financial creditors and Rs 350 crore to operational creditors.


Category: News and Media

 

2025-05-02 07:51:49| The Economic Times

Eternal shares: The company reported a 78% year-on-year drop in net profit to Rs 39 crore for the March 2025 quarter, even as revenue from operations jumped 64% YoY to Rs 5,833 crore.


Category: News and Media

 

2025-05-02 07:47:07| The Economic Times

Cochin Shipyard shares declined, mirroring a broader retreat in defence stocks after a rally fueled by geopolitical tensions. Investors booked profits following a sharp run-up in recent sessions, impacting other defence companies like Garden Reach Shipbuilders.


Category: News and Media

 

2025-05-02 06:35:05| The Economic Times

RailTel shares: EBITDA for the fourth quarter came in at 180 crore, marking a 53.8% increase from 117 crore in the same period last year. Despite the growth in earnings, the EBITDA margin slipped by 27 basis points to 13.73%, down from 14% a year earlier.


Category: News and Media

 

2025-05-02 06:31:29| The Economic Times

Vedanta's Q4 net profit surged 154% YoY to Rs 3,483 crore, driven by operational efficiency and strong performance across key verticals, with revenue rising 14% to Rs 40,455 crore. The company achieved its highest EBITDA margin in 12 quarters at 35%. Despite positive annual returns, Vedanta's stock has shown short-term weakness, declining over the past few months.


Category: News and Media

 

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