#profit-decline
Hindalco profit slumps on heat from Novelis fire
The profit decline stemmed mainly from ₹6,963 crore in one-off expenses linked to the Oswego plant disruption in New York last year. Operations of Novelis, a key supplier of rolled aluminium to can makers and auto companies, were affected by the fire.
Cipla looks to ensure consistent drug supplies, as costs increase due to West Asia war, says MD & Global CEO
The company’s net profit at Rs ₹555 crore for the quarter under review was down 55 per cent from Rs ₹1,222 crore in the same period last year
Cipla looks to ensure consistent drug supplies, as costs increase due to West Asia war, says MD & Global CEO
The company’s net profit at Rs ₹555 crore for the quarter under review was down 55 per cent from Rs ₹1,222 crore in the same period last year
United Breweries flags ₹400–500 crore cost hit as margins come under pressure
The Heineken-controlled brewer reported a decline in FY26 revenue and profit as packaging costs surged and pricing delays offset steady demand and premium growth.