Tata retailer Trent Ltd.'s revenue and net profit rose in the fourth quarter of fiscal 2024. Revenue jumped 53.4% year-on-year to Rs 3,187 crore during the January-March period. This compares to Rs 2,077 crore in the same period last year.Net profit of the Tata Group company rose to Rs 712 crore from Rs 45 crore in the previous year, aided by a one-time lease readjustment gain of Rs 543 crore, with a tax thereon of Rs 138 crore.Gross margin surprise was offset by employee costs, which saw a...
Tata Chemicals Ltd. has announced a final dividend of Rs 15 per equity share for fiscal 2024, pending approval from shareholders at the ensuing annual general meeting. The dividend will be paid within five days of the annual general meeting, the company announced through an exchange filing on Monday.The company announced distribution of Rs 382 crore to unitholders in the fourth quarter of the previous fiscal. It had paid a total dividend of Rs 17.50 in the previous financial year, while on July...
Banks all over India will be closed for 14 days in May. This includes nine holidays listed in the Negotiable Instruments Act, as well as the usual closure on the second and fourth Saturdays and Sundays. It is important to remember that holidays might differ depending on the state. Some important events affecting the banking schedule in May are the Lok Sabha Elections 2024 and Labour Day..May 1 (Wednesday): Banks will be closed in Maharashtra, Karnataka, Tamil Nadu, Assam, Telangana, Andhra...