IndusInd Bank reported a 57 per cent rise in net profit to Rs 1805 crore on a 15 per cent increase in revenue to Rs 6313 crore in the second quarter of FY23 over the second quarter of FY22.
On a consolidated basis of Persistent Systems, the net profit hit a high of 4 per cent to Rs 220.01 crore on a 9.1 per cent increase in revenue to Rs 2048.64 crore in the second quarter of FY23 over the first quarterFY23.
On Thursday, Tracxn Technologies’s shares will debut on the bourses. The price range was Rs 75-80 per share.
Havells India reported a 38 per cent fall in net profit to Rs 187 crore on a 14 per cent increase in net revenue to Rs 3669 crore in the second quarter of FY23 over the second quarter of FY22.
In October 2022, the USFDA conducted a prior approval for Inspection at Lupin’s Biotech manufacturing facility in Pune. The conclusion of inspection with the issuance of Form 483 has seventeen observations.
Jindal Steel & Power signed an MoU with Greenko Group to facilitate 1000 MW of Carbon-free energy for its steel-making operations at Angul, Odisha. The target is to set 1000 MW of carbon-free energy to meet the Angul facility’s existing and incremental power demand.