On a consolidated basis, net profit fell 15.3% sequentially to Rs 519 crore from Rs 612 crore in the previous quarter. Revenue, however, increased 24.2% to Rs 5,528 crore from Rs 4,450 crore, reflecting continued business momentum.
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On a consolidated basis, net profit fell 15.3% sequentially to Rs 519 crore from Rs 612 crore in the previous quarter. Revenue, however, increased 24.2% to Rs 5,528 crore from Rs 4,450 crore, reflecting continued business momentum.

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According to the Income Tax Department, more than four crore Income Tax Returns (ITRs) had been filed as of July 27. The department urged those yet to file to complete the process at the earliest.

The brokerage said V-Mart's operational performance in the June quarter was broadly in line with expectations, with growth driven by healthy store additions, improving productivity and strong traction across both the V-Mart and Unlimited formats.

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Project Perception integrates Microsoft's MAI-Cyber-1-Flash model with the MDASH platform first introduced in May.

Macquarie maintained an Underperform rating on Meesho with a Rs 125 target price, citing limited monetisation potential despite healthy growth forecasts.

Tesla led losses while Nvidia, Alphabet, Meta and Amazon declined as investors questioned rising AI spending and capital expenditure plans.

Despite an EBITDA miss, Jefferies remains the sole major bull, citing strong structural demand for power. Conversely, Morgan Stanley, Citi, and JPMorgan have highlighted the lack of near-term re-rating triggers, keeping their ratings neutral while trimming target prices.