Daily Republic News
- Business
- July 22, 2026
Induslnd Bank Q1 Result: Private Lender Posts 47% Rise In Net Profit To Rs 1k Cr
The private sector IndusInd Bank posted a 47% jump in its Q1 net profit to Rs 1,037 crore on July 22, aided by a decline in funds set aside for potential bad loans. The lender posted a net profit of Rs 684 crore in the year-ago period.Rajiv Anand, MD and CEO, IndusInd Bank said, Read More
- Business
- July 22, 2026
Dr Reddy’s Q1 FY27 Results: Net Profit Drops 8% to ₹1,290 Crore as US Revenues Decline
Drugmaker Dr. Reddy’s Laboratories reported an 8% drop in consolidated net profit for the June quarter of fiscal year 2026–27, as increased competition and ongoing price erosion in its primary North American market curtailed bottom-line growth.US Market DragThe company posted a c Read More
- Business
- July 22, 2026
Stock Market Closing Bell: Sensex Drops 715 Points as Nifty Closes Below 24,000 Mark
Indian equity benchmarks tumbled for a third straight session on Wednesday, with the headline Nifty 50 breaching the psychological 24,000 mark at the close as geopolitical conflicts in West Asia and fresh US tariff proposals dragged down investor sentiment.Benchmarks Extend Losse Read More
- Business
- July 22, 2026
Eternal Q1 FY27 Results: Consolidated Profit Jumps 268% to ₹92 Crore as Blinkit Drives Growth
Eternal Limited, the parent company of food delivery platform Zomato and quick-commerce engine Blinkit, reported a nearly 3.7-fold jump in consolidated net profit for the first quarter of fiscal year 2026–27, supported by explosive revenue growth in quick commerce.Quick Commerce Read More
- Business
- July 22, 2026
BPCL Q1 Result: State-Led OMC Reports Rs 3,962 Cr Net Loss – Here’s Why
BPCL Q1 Result: The Mumbai-headquartered state-led oil marketing company (OMC), Bharat Petroleum Corporation Ltd (BPCL), has posted a Q1 net loss of Rs 3,962 crore as compared to a net profit of Rs 6,123.93 crore in the same period last year.This comes in the backdrop of the comp Read More
- Business
- July 22, 2026
Orient Electric Scrip Falls Over 5% After Q1 Net Profit Surges 80%
Orient Electric Share Price: The shares of Orient Electric fell as much as 5.49% to hit an intra-day low of Rs 168.70 apiece on Wednesday, July 22 after posting a quarter ending June net profit of Rs 31.49 crore. Orient Electric Q1 ResultThe consumer electric major posted a stand Read More
- Business
- July 22, 2026
Adani Power Q1 Net Profit Jumps 47% to ₹4,867 Crore; Board Approves ₹15,000 Crore QIP Fundraise
Indian power generation major Adani Power Limited reported a 47.2% surge in consolidated net profit for the June quarter of FY27, benefiting from expanded operations and sustained domestic power demand.The company’s Board of Directors also greenlit a fresh capital-raising drive o Read More
- Business
- July 22, 2026
Nestlé India Reports 48% Surge In Q1 FY27 Net Profit To ₹975 Crore; Sales Up 25%
FMCG major Nestlé India Limited reported a 47.9% year-on-year surge in standalone net profit for the first quarter that ended June 30, 2026. The profit was supported by strong volume growth, solid domestic demand, and double-digit expansion across all major product categories.Sta Read More
- Business
- July 22, 2026
SBI Funds Management Shares Drop Over 3% To ₹591.30 As Profit-Booking Takes Toll
Shares of SBI Funds Management Limited slipped over 3% during late morning trade on Wednesday, July 22, 2026, as investors locked in profits following recent gains in financial and asset management stocks. By 11:41 AM IST, the stock was down ₹18.45, or 3.03%, trading at ₹591.30. Read More
- Business
- July 22, 2026
Bandhan Bank Shares Crash Over 14% Post Q1 FY27 Results as Brokerages Review Outlook
Shares of private sector lender Bandhan Bank Limited crashed nearly 15% in morning trade on Wednesday, following the announcement of its first-quarter financial results for FY27, which triggered widespread selling and caution from market analysts.The stock tumbled to an intraday Read More
