Asian Paints net profit falls 25% to ₹1,170 crore for June quarter of FY25
The Morning Standard|July 18, 2024
HIT by the severe heat wave condition and the general election induced poor market sentiment, the paints major Asian Paints saw a steep 25% year-on-year decline in consolidated net at ₹1,170 crore for the June quarter of the current financial year.

Brokerages were expecting net profit to fall by only 7.6% to 1,432 crore, and revenue to remain flat at 9,236 crore for the quarter. Against this revenue from sales declined 2% to 8,970 crore in the reporting quarter, the company said in a statement Wednesday.

Esta historia es de la edición July 18, 2024 de The Morning Standard.

Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.

Esta historia es de la edición July 18, 2024 de The Morning Standard.

Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.

MÁS HISTORIAS DE THE MORNING STANDARDVer todo
Jio creating one of most advanced 5G networks: Ambani
The Morning Standard

Jio creating one of most advanced 5G networks: Ambani

RELIANCE JIO has transformed India from 5G-dark to 5G-bright, creating one of the world's most advanced 5G networks, said Mukesh Ambani, chairman and managing director of Reliance Industries.

time-read
1 min  |
August 30, 2024
DGCA places SpiceJet under 'enhanced surveillance' amid financial trouble
The Morning Standard

DGCA places SpiceJet under 'enhanced surveillance' amid financial trouble

IN another setback for cashstarved SpiceJet, civil aviation regulator DGCA on Thursday placed the budget carrier under 'enhanced surveillance' with immediate effect.

time-read
1 min  |
August 30, 2024
The Morning Standard

SEBI official says discount broking is not future, requires transparent fee structure

HINTING discount broking is not the way forward and that investors have to pay for their services as there can be no free lunches in business, a senior Sebi official has called for adopting an explicit and transparent fee structure.

time-read
1 min  |
August 30, 2024
Shah Rukh Khan makes to Hurun rich list 2024
The Morning Standard

Shah Rukh Khan makes to Hurun rich list 2024

WITH as many as 334 dollar billionaires, the country has emerged as the new wealth creator in Asia, adding a new billionaire every fifth day in 2023, as per the Hurun rich list 2024, which saw actor Shah Rukh Khan making to the rich list with a wealth of 7,300 crore and Mukesh Ambani losing the long held crown as the richest Indian to Gautam Adani.

time-read
1 min  |
August 30, 2024
The Morning Standard

SEBI chief calls for better compliance to 'foster trust'

IN the first public address after the Hindenburg allegations of conflicts of interest in relation to the Adani group probe, SEBI chairperson Madhabi Puri Buch has called for a \"better compliance\" from market infrastructure participants and industry players to \"foster trust\".

time-read
1 min  |
August 30, 2024
The Morning Standard

Former B'desh speaker, trade minister held in murder case

FORMER Bangladesh speaker Shirin Sharmin Chaudhury and ex-commerce minister Tipu Munshi have been arrested over the killing of a goldsmith during the recent quota reform protests that led to the ouster of the Sheikh Hasinaled government, media reports said on Thursday.

time-read
1 min  |
August 30, 2024
The Morning Standard

US NSA Sullivan meets Xi as allies face trouble from China in SCS

TOP White House aide Jake Sullivan held talks with Chinese President Xi Jinping on Thursday, after a senior military official warned the United States to stop \"collusion\" with Taiwan in a rare one-on-one meeting.

time-read
1 min  |
August 30, 2024
The Morning Standard

Turkiye hosts meet for transportation project

TRANSPORT ministers from Turkiye, Iraq, Qatar and the United Arab Emirates are meeting in Istanbul on Thursday to discuss a multibillion-dollar regional transportation project designed to ease the movement of goods from Asia to Europe through Iraq.

time-read
1 min  |
August 30, 2024
Third Russian barrage of missiles, drones in 4 days
The Morning Standard

Third Russian barrage of missiles, drones in 4 days

Authorities in Kyiv said debris of drones fell in 3 districts of the city

time-read
2 minutos  |
August 30, 2024
The Morning Standard

Telegram founder faces criminal activity charges

FRENCH authorities handed preliminary charges to Telegram CEO/founder Pavel Durov on Wednesday for allowing alleged criminal activity on his messaging app and barred him from leaving France pending further investigation.

time-read
1 min  |
August 30, 2024