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.

November 18, 2024
4 Articles