by Hansraj Agrawal | Jun 2, 2026 | Share Market
Last Updated : Jun 02 2026 | 6:31 PM IST
To provide customized financial solutions to registered tobacco growers across Karnataka
Karnataka Bank has entered into a strategic partnership with the Tobacco Board, Government of India, to provide customized financial solutions to registered tobacco growers across Karnataka on 29 May 2026.
Under this initiative, Karnataka Bank will offer a dedicated suite of banking and credit facilities designed specifically to meet the financial requirements of tobacco farmers registered with the Tobacco Board. The initiative aims to facilitate timely access to credit, promote financial inclusion, and support the sustainable growth of the tobacco farming community.
Disclaimer: No Business Standard Journalist was involved in creation of this content
First Published: Jun 02 2026 | 6:31 PM IST
Source link
by Hansraj Agrawal | Jun 2, 2026 | Share Market
Last Updated : Jun 02 2026 | 6:16 PM IST
Concord Biotech has received approval from the U.S. Food and Drug Administration (USFDA) for its ANDA for Mycophenolate
Mofetil for Oral Suspension USP, 200 mg/mL. Mycophenolate mofetil is an antimetabolite immunosuppressant indicated for the prophylaxis of organ rejection in adult and pediatric recipients 3 months of age and older of allogeneic kidney, heart or liver transplants, in combination with other immunosuppressants.
Disclaimer: No Business Standard Journalist was involved in creation of this content
First Published: Jun 02 2026 | 6:16 PM IST
Source link
by Hansraj Agrawal | Jun 2, 2026 | Share Market
Last Updated : Jun 02 2026 | 6:08 PM IST
Sales rise 38.94% to Rs 5.53 crore
Net profit of MIL Industries & Aerospace reported to Rs 0.93 crore in the quarter ended March 2026. There were no net profit/loss reported during the previous quarter ended March 2025. Sales rose 38.94% to Rs 5.53 crore in the quarter ended March 2026 as against Rs 3.98 crore during the previous quarter ended March 2025.
For the full year,net profit rose 5.22% to Rs 1.41 crore in the year ended March 2026 as against Rs 1.34 crore during the previous year ended March 2025. Sales rose 7.92% to Rs 17.16 crore in the year ended March 2026 as against Rs 15.90 crore during the previous year ended March 2025.
ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var.Sales5.533.98 39 17.1615.90 8 OPM %20.613.27 –8.748.62 – PBDT1.380.40 245 2.512.52 0 PBT1.230.17 624 1.901.96 -3 NP0.930 0 1.411.34 5
Powered by Capital Market – Live News
Disclaimer: No Business Standard Journalist was involved in creation of this content
First Published: Jun 02 2026 | 6:08 PM IST
Source link
by Hansraj Agrawal | Jun 2, 2026 | Share Market
Last Updated : Jun 02 2026 | 6:08 PM IST
Sales rise 34.93% to Rs 20.05 crore
Net Loss of Nandini Texcom India reported to Rs 0.10 crore in the quarter ended March 2026 as against net loss of Rs 0.11 crore during the previous quarter ended March 2025. Sales rose 34.93% to Rs 20.05 crore in the quarter ended March 2026 as against Rs 14.86 crore during the previous quarter ended March 2025.
For the full year,net profit reported to Rs 0.71 crore in the year ended March 2026 as against net loss of Rs 0.32 crore during the previous year ended March 2025. Sales rose 27.66% to Rs 61.94 crore in the year ended March 2026 as against Rs 48.52 crore during the previous year ended March 2025.
ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var.Sales20.0514.86 35 61.9448.52 28 OPM %1.451.21 –2.420.87 – PBDT0.130.01 1200 0.94-0.21 LP PBT0.02-0.11 LP 0.83-0.33 LP NP-0.10-0.11 9 0.71-0.32 LP
Powered by Capital Market – Live News
Disclaimer: No Business Standard Journalist was involved in creation of this content
First Published: Jun 02 2026 | 6:08 PM IST
Source link
by Hansraj Agrawal | Jun 2, 2026 | Share Market
Last Updated : Jun 02 2026 | 6:08 PM IST
Sales decline 30.41% to Rs 1.03 crore
Net profit of Uttaranchal Leasing declined 94.00% to Rs 0.03 crore in the quarter ended March 2026 as against Rs 0.50 crore during the previous quarter ended March 2025. Sales declined 30.41% to Rs 1.03 crore in the quarter ended March 2026 as against Rs 1.48 crore during the previous quarter ended March 2025.
For the full year,net profit declined 94.00% to Rs 0.03 crore in the year ended March 2026 as against Rs 0.50 crore during the previous year ended March 2025. Sales declined 30.41% to Rs 1.03 crore in the year ended March 2026 as against Rs 1.48 crore during the previous year ended March 2025.
ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var.Sales1.031.48 -30 1.031.48 -30 OPM %36.8977.03 –36.8977.03 – PBDT0.040.69 -94 0.040.69 -94 PBT0.040.69 -94 0.040.69 -94 NP0.030.50 -94 0.030.50 -94
Powered by Capital Market – Live News
Disclaimer: No Business Standard Journalist was involved in creation of this content
First Published: Jun 02 2026 | 6:08 PM IST
Source link
by Hansraj Agrawal | Jun 2, 2026 | Share Market
Last Updated : Jun 02 2026 | 5:16 PM IST
The Indian rupee depreciated 15 paise to close at 95.34 (provisional) against the US dollar on Tuesday, as global crude oil prices jumped and the American currency remained firm amid massive safe-haven inflows. Significant foreign fund outflows also weighed on the investor sentiments. At the interbank foreign exchange market, the rupee opened at 95.16 against the US dollar, then touched an intraday high of 95.03 and a low of 95.37. Indian shares closed higher on Tuesday, staging a rebound after four days of losses as investors assessed mixed signals over the status of U.S.-Iran peace talks and awaited upcoming RBI rate decision. The Nifty 50 gained 100.95 points (0.43%) to close at 23,483.55, while the Sensex rose 382.50 points (0.52%) to settle at 74,649.84.
Powered by Capital Market – Live News
Disclaimer: No Business Standard Journalist was involved in creation of this content
First Published: Jun 02 2026 | 5:16 PM IST
Source link
