PSBs wrote off Rs 29,000 cr in Dec quarter

Public-sector banks (PSBs) in Q3FY23 wrote off bad loans worth Rs 29,000 crore, up from Rs 23,000 crore in the same quarter a year ago, as part of a clean-up exercise. Illustration: Uttam......

ITC Q3 net profit rises 23% to Rs 5,070 crore

ITC Ltd on Friday reported a 23.09 per cent increase in consolidated net profit at Rs 5,070.09 crore for the third quarter ended December 2022, helped by growth momentum across its operating......

After record store additions in Q3, Metro Brands' growth outperformance may continue

The country’s largest listed footwear brand by market capitalisation, Metro Brands, posted better than expected December quarter results for the 2022-23 financial year (FY23), riding on store......

Cement sector remains a puzzle to investors

IMAGE: A labourer unloads cement sacks from the wagon of a train at a yard in Kolkata. Photograph: Rupak De Chowdhuri/Reuters The cement industry continues to present a puzzle to investors. Five......