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Cipla Q1 Results: Pharma major Cipla reported a 39% year-on-year decline in Q1FY27 consolidated net profit to Rs 789 crore, mainly due to a high base, while revenue from operations rose a modest 2.3% to Rs 7,119 crore. The company’s EBITDA also declined, with margins contracting sharply compared with the year-ago quarter.
NTPC Green Energy shares rose sharply on Thursday after the company reported strong Q1 FY27 earnings, with net profit rising 38% and revenue surging 63% year-on-year. Investor sentiment was further boosted by the board’s approval to increase its stake in a joint venture, strengthening its renewable energy portfolio.
Gandhar Oil Refinery hit the 20% upper circuit after reporting a 689% year-on-year jump in Q1 net profit, triggering a rally in peers Savita Oil and Panama Petrochem. Strong demand across PHPO, PIO and lubricants, along with expanding exports and higher-margin products, boosted investor sentiment.
As enterprise AI adoption accelerates, technology alone will not be sufficient to differentiate AI products. The ET Most Innovative AI Product Awards 2026 recognises AI products that have earned trust through measurable business impact, real-world adoption and consistent performance, mirroring what enterprises are increasingly valuing in today’s AI market.
Tesla beat revenue estimates in the second quarter but missed earnings expectations as margins weakened and free cash flow turned negative. Investors remain focused on its aggressive AI and autonomous technology investments.
The European Central Bank is expected to maintain current interest rates at its upcoming policy meeting. Policymakers will likely signal that further rate increases remain a possibility in September. This cautious approach comes as rising energy prices threaten to reignite inflationary pressures across the euro area. Financial markets are anticipating additional rate hikes, while wage…
Nokia reported stronger second-quarter earnings, surpassing analyst expectations significantly. Robust demand from artificial intelligence and cloud customers fueled this positive financial performance. The company’s sales to AI and cloud clients doubled, securing substantial new orders. Despite rising chip costs, Nokia raised its 2026 profit guidance. This outlook reflects sustained momentum from infrastructure investments.
Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and…
Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and…
Tanla Platforms shares surged nearly 14% after Q1 FY27 revenue rose 17.8% year-on-year to Rs 1,226 crore. Strong gross profit, EBITDA and EPS growth reflected improving profitability, while higher spending by existing enterprise customers supported revenue momentum.