Defence major Hindustan Aeronautics Ltd (HAL) on Tuesday posted its results for the first quarter ended June 30, 2025, reporting a 3.7% year-on-year (YoY) decline in its consolidated net profit at Rs 1,383.77 crore, down from Rs 1,437.14 crore in Q1FY25. Meanwhile, the total revenue from operations for the quarter rose 10.8% YoY.For the first quarter of FY26, the company posted a total revenue from operations of Rs 4,819.01 crore, versus Rs 4,347.50 crore in the year-ago period.For the full year ended March 2025, HAL’s total net worth stood at Rs 34,985.17 crore.On a quarter-on-quarter basis, the company’s net profit witnessed a sharp fall of 65.2%, down from Rs 4,347.50 crore in the previous quarter.The company’s total income, however, rose by 9.5% YoY to Rs 5,566.10 crore as agains
Tyre-maker MRF on Tuesday released its first quarter results for the financial year 2026, posting a consolidated net profit of Rs 500.47 crore, versus Rs 571.02 crore in the year-ago period, indicating a decline of 13.35% year-on-year (YoY). Meanwhile, the revenue from operations recorded a growth of 6.65% YoY.The revenue from operations stood at Rs 7,675.69 crore in the said quarter, against Rs 7,196.45 crore in the same quarter of the previous year financial year.The total income of the company was reported at Rs 7,802.12 crore, up 7.2% YoY, from Rs 7,280.49 crore in the first quarter of FY25.Sequentially, MRF’s net profit dipped 2.3% to Rs 512.11 crore.The company’s consolidated net worth stood at Rs 18,999.96 crore as of June 30, 2025, compared to Rs 18,488.64 crore as of March 31,
Adani leads the list of most valuable first generation family businesses in India, as per the Hurun India Most Valuable Family Businesses List. The list of includes first generation entrepreneurs who have created exceptional business empires, and are now supported by their next generation.Adani family, led by Gautam Adani tops the list with a combined valuation of Rs 14 lakh crore through Adani Enterprises, Adani Ports, and other group companies. It is India’s most valuable first-generation business.Following Adani is the Poonawalla family, led by Cyrus Poonawalla, whose Serum Institute of India is valued at Rs 2.3 lakh crore. Murali K. Divi of the Divi family, whose pharmaceutical firm Divi’s Laboratories is valued at Rs 1.8 lakh crore is third. 123253976The list has families from var