Indian companies show mixed financial performance with significant profit swings and investments.
Indian companies reported mixed financial results. Hero MotoCorp saw a 14% rise in standalone net profit, while Grasim Industries saw a 66% drop. Delhivery returned to profitability with a net profit of Rs 10 crore. Reliance Industries invested Rs 11,500 crore in a media joint venture. Ola Cabs was instructed to provide travel invoices post-ride. Indian stock indices closed lower due to weak economic data and foreign outflows.
4 months ago
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