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Adani Energy net profit declines 21% in Q2

Financial Express Mumbai

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October 28, 2025

ADANI ENERGY SOLUTIONS on Monday reported a 21% fall in net profit in the second quarter of the current fiscal at ₹534 crore, missing analyst estimates of ₹742 crore. The Adani Group firm had reported a profit of ₹675 crore in the corresponding quarter of the previous fiscal.

- RAGHAVENDRA KAMATH

In Q2, the company had a onetime positive impact of deferred tax of ₹314 crore. In like-for-like comparison, its Q2 adjusted PAT was up 21% year-on-year, it said.

MEER VERHALEN VAN Financial Express Mumbai

Financial Express Mumbai

IOC profit jumps to ₹7,610 cr in Q2

STATE-OWNED INDIAN OIL Corporation (IOC) on Monday reported a multi-fold jump in its September quarter net profit on the back of higher refining margins and operational efficiencies.

time to read

1 min

October 28, 2025

Financial Express Mumbai

Rupee logs worst day in a month

THE RUPEE ON Monday depreciated by 39 paise to 88.24 against the dollar, the steepest fall in one month.

time to read

1 min

October 28, 2025

Financial Express Mumbai

SC breather for Vi over AGR dues

IN A SIGNIFICANT reprieve for Vodafone Idea (Vi), the Supreme Court on Monday permitted the department of telecommunications (DoT) to take a fresh look at the company's adjusted gross revenue (AGR) dues, citing the \"peculiar facts and circumstances\" of the case.

time to read

2 mins

October 28, 2025

Financial Express Mumbai

Growth outlook robust on domestic demand: Finmin

GST 2.0 boosts consumption across rural, urban areas

time to read

1 mins

October 28, 2025

Financial Express Mumbai

₹5,532-crore electronics projects get govt nod

THE ELECTRONICS COMPONENTS manufacturing scheme on Monday received another push as seven projects worth ₹5,532 crore were cleared, marking a strong industry-led response to the government’s drive to localise the production of critical inputs.

time to read

1 mins

October 28, 2025

Financial Express Mumbai

Lenskart backers set for rich returns

PROMOTERS AND EARLY investors in Lenskart Solutions are set to record substantial gains as the eyewear manufacturer and retailer approaches its public listing.

time to read

2 mins

October 28, 2025

Financial Express Mumbai

Jio leads in user growth; BSNL retains edge over Airtel: Trai

With growth in its fixed wireless broadband customer base, Reliance Jio's total subscriber base for the first time crossed 500 million

time to read

1 min

October 28, 2025

Financial Express Mumbai

Financial Express Mumbai

US-China trade truce hopes rise

Trump set to meet Xi in South Korea on Thursday

time to read

1 min

October 28, 2025

Financial Express Mumbai

Ford’s F-150 chokepoint shows limits of trade war

FORD MOTOR CO. has been hit by not one but two butterfly effects.

time to read

3 mins

October 28, 2025

Financial Express Mumbai

NCAER: Biz sentiment eases in Q2

BUSINESS SENTIMENTS MODERATED in the second quarter of the 2025-26 after improving for three consecutive quarters due to global uncertainties, particularly the US policies including the imposition of additional tariffs, hike in H-1B visa fees, and tariffs on branded and patented pharmaceuticals, according the NCAER Business Expectations Survey for India, released on Monday.

time to read

1 min

October 28, 2025

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