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Maruti profit misses Street
January 29, 2026
|Financial Express Kochi
Higher costs and one-time expenses dent profit despite higher demand
MARUTI SUZUKI INDIA on Wednesday reported a modest year-on-year rise in profit for the October-December quarter, but fell short of market expectations as higher costs and onetime expenses eroded the benefit of strong festival-led demand and GST cut-driven volume growth.
The country’s largest carmaker posted a standalone net profit of ₹3,794 crore, up 3.7% from ₹3,659 crore a year earlier. The figure, however, missed Bloomberg’s consensus estimate of ₹4,416 crore. The profit included a onetime charge of ₹594 crore linked to the implementation of new labour codes.
هذه القصة من طبعة January 29, 2026 من Financial Express Kochi.
اشترك في Magzter GOLD للوصول إلى آلاف القصص المتميزة المنسقة، وأكثر من 9000 مجلة وصحيفة.
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Financial Express Kochi
IOC Q3 net jumps over fourfold to ₹12,126 cr
STATE-RUN REFINER INDIAN Oil Corporation on Thursday reported a more than fourfold jump in its standalone net profit for the December quarter, driven by a sharp improvement in refining and marketing margins and higher fuel sales, even as its petrochemicals business continued to remain under pressure.
1 min
February 06, 2026
Financial Express Kochi
‘Our capex for FY27 will be around ₹25,000 crore’
Tata Power posted a 25% yo-y drop in net profit to ₹772 crore in Q3FY26 and its revenues fell 9.4% yo-y to ₹13, 948 crore.
1 mins
February 06, 2026
Financial Express Kochi
Drug trials with non-animal testing can cut costs by 90%
A SHIFT TOWARDS non-animal methods (NAMs) can significantly reduce the timelines and costs associated with drug development, said a multi-stakeholder report released on Thursday.
1 min
February 06, 2026
Financial Express Kochi
Heavy industry to gain from carbon capture push
INDIA HAS PLACED one of its biggest industrial climate bets yet committing ¥20,000 crore over the next five years to scale up carbon capture, utilisation and storage (CCUS) — signalling a decisive shift from climate pledges to capital-backed execution in sectors that drive both growth and emissions.
2 mins
February 06, 2026
Financial Express Kochi
‘WORLD MOVING TO NEW GLOBAL ORDER’ World confident of stability after trade deals with EU, US: PM
INDIA REACHING
2 mins
February 06, 2026
Financial Express Kochi
Fitch revises Axis Bank outlook to positive
FITCH RATINGS ON Thursday revised the outlook on Axis Bank’s long-term issuer default rating (IDR) to ‘positive’ from ‘stable’, and affirmed the IDRat ‘BB+’.
1 min
February 06, 2026
Financial Express Kochi
PhysicsWallah net profit jumps 33%
LISTED EDTECH MAJOR PhysicsWallah reported a 34% year-on-year increase in revenue from operations to ₹1,082.4 crore for Q3FY26.
1 min
February 06, 2026
Financial Express Kochi
Centre widens startup definition to include deeptech; turnover limit up
THE GOVERNMENT HAS expanded the scope of the Startup India programme by formally recognising deep technology companies as a distinct category, while also easing eligibility norms for the broader startup ecosystem by raising the turnover threshold.
1 min
February 06, 2026
Financial Express Kochi
PVR Inox profit rises 166% on festive boost
PVR INOX SAW its consolidated net profit rise 1.6 times to nearly %96 crore in the
1 min
February 06, 2026
Financial Express Kochi
‘We will deliver sustained growth next year also’
Godrej Properties saw a 20% yo-y jump in profit in Q3FY26 at ₹195 crore and its revenues fell 49% to ₹498 crore.
1 mins
February 06, 2026
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