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Vedanta Q4 Results: Vedanta announced a significant financial performance for the March quarter. The company’s net profit soared by 92% year-on-year to Rs 6,698 crore. Total revenues also saw a substantial increase of 47% year-on-year. Vedanta achieved its best-ever EBITDA and a record Return on Capital Employed. The net debt to EBITDA ratio improved considerably, marking a 14-quarter high.
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European shares dipped on Wednesday, as investors turned ​their focus to a packed day ​of corporate earnings, while a continuing U.S.-Iran impasse also kept risk sentiment in ​check.
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Indian Bank reported a standalone net profit of Rs 3,103 crore for the March-ended quarter, up 5% from Rs 2,956 crore a year ago. Net interest income (NII) rose 11% to Rs 7,110 crore in Q4FY26, compared with Rs 6,389.34 crore in the corresponding quarter of the previous financial year.
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Silver prices declined by Rs 1,137 to Rs 2.36 lakh per kilogram in futures trade on Wednesday as traders trimmed positions amid concerns over elevated crude oil rates and strengthening of the US dollar.
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Indian education firm Allen Career Institute, backed by James Murdoch and Uday Shankar’s Bodhi Tree Systems, is reportedly exploring an initial public offering in Mumbai. The company, a specialist in competitive test preparation, has been in discussions with investment banks about a potential listing. Deliberations are ongoing, and a final decision on the IPO has not yet been made.
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