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Torrent Pharmaceuticals announced a 20% year-on-year increase in consolidated net profit, reaching Rs 548 crore for the June quarter. This growth was fueled by robust sales across key markets, including India and the US. India revenues surged by 11% to Rs 1,811 crore, while US business revenues rose by 19% to Rs 308 crore. Shares of Torrent Pharma closed 0.

Waaree Energies announced a significant jump in its Q1 financial results. The company s consolidated net profit soared by 89%, reaching Rs 745 crore. This is a substantial increase compared to the Rs 394 crore reported in the same period last year. Revenue from operations also saw a rise, climbing to Rs 4,426 crore.

Omaxe Group has secured Rs 500 crore from Oaktree Capital Management to boost its ongoing projects and facilitate future expansion. This funding will expedite the completion of residential, commercial, and PPP ventures. Additionally, Omaxe raised Rs 431 crore through debentures for business growth, having already reduced its net debt significantly in the past two years.

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Fueled by a newly forged U.S.-EU trade agreement, the S&P 500 and Nasdaq reached unprecedented heights at the opening bell on Monday. This positive momentum sets the stage for a crucial week, highlighted by earnings reports from major corporations, a Federal Reserve meeting, and an impending deadline for U.S. tariffs.

Adani Total Gas reported a slight dip in Q1 net profit, reaching Rs 165 crore, while revenue surged by 21% to Rs 1,498 crore. Volume growth was strong, driven by CNG expansion and increased household connections. The company is also expanding into EV charging and commissioned its first CBG station, signaling diversification efforts.

SEBI and NSE have launched #SEBIvsSCAM, a nationwide investor awareness initiative, to combat digital financial frauds targeting retail investors. The campaign aims to educate investors about deceptive practices like fake trading apps and unregistered investment tips. It will utilize multimedia strategies and multilingual content to reach both urban and rural areas, urging investors to verify platforms and report fraud.

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Quarterly net profit growth year-over-year (YoY) measures the percentage increase in a company’s net profit in a specific quarter compared to the same quarter in the previous year. It helps investors gauge how a company’s profitability is improving over time.

Lenskart Solutions Pvt., supported by SoftBank Group Corp., is preparing to file for an initial public offering (IPO) of approximately $1 billion as early as this week. The eyewear retailer is finalizing its valuation and will submit its draft red herring prospects with the market regulator.

NSE chief Ashish Chauhan reflects on his career, starting with his involvement in setting up the National Stock Exchange. A new book captures his journey from IIT Bombay and IIM Calcutta to his current position. He discusses the concept of Sthitapragya and recalls his early days using computers at IDBI.

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