News - The Purbottar

26 Jul

Bank of Baroda Q1 results: Net profit upgrade 2% to ₹4,541 crore; marginal decline in net profit

editorBusiness, News

Bank of Baroda on Friday, July 25, reported a 1.8% rise in its standalone net profit for the April to June quarter of FY26 at ₹4,541 crore as against ₹4,458 crore in the corresponding quarter of the previous fiscal. However, the public sector bank's net interest income (NII) declined 1.4% year-on-year to ₹11,435 crore as against ₹11,600 crore in Q1 FY25. On the asset quality front, Bank of Baroda's gross non-performing assets (NPA) stood at 2.28% as against 2.26% quarter-on-quarter (QoQ). Net NPA stood at 0.6% in Q1 FY26 as compared to 0.58% quarter-on-quarter. In the quarter under review, the…

26 Jul

Man Along With His Daughter Jumps Into Rangit River

Purbalee DuttaNews, Sikkim

Tragically, on Friday night, a young guy and his seven-month-old daughter apparently leaped into the Rangit River from the Gamon Bridge near Legship Bazaar. The man is from Jaigaon, West Bengal, and was living with his wife at his in-laws' house in Legship, according to sources. Following the receipt of information, Geyzing police and Legship locals began a search that lasted into the evening. However, the flooded river and diminishing light made the task difficult. The search may be momentarily halted and recommenced on Saturday morning, according to authorities. Citing the river's powerful current and rising water levels as a…

25 Jul

Zinc futures prices upgrade on high demand

editorBusiness, News

New Delhi, Zinc prices rose by 70 paise to Rs 269.05 per kg in futures trade on Friday amid strong spot demand. At the Multi Commodity Exchange, the price of zinc contract for August delivery rose by 70 paise or 0.26 percent to Rs 269.05 per kg in a business turnover of 3,166 lots. Zinc prices rose in futures trade as participants increased the size of their deals following a rise in demand from consumer industries, market sources said.

25 Jul

Despite Centre’s 100% Network Connectivity Claim, Nathu La Border Faces Signal Drop

Purbalee DuttaNews, Sikkim

A day after the Central Government declared that Sikkim has achieved 100% mobile network coverage across its 68 border villages, tourists and local drivers have raised concerns about persistent network issues in high-altitude tourist spots such as Nathu La Pass, Tsomgo Lake, and Baba Mandir. In a written statement to Sikkim MP Indra Hang Subba on July 23, the Union Ministry of Communications announced that 11 mobile towers had been installed under the Digital Bharat Nidhi (DBN) scheme, covering all border villages. Sikkim and Assam were noted as the only Northeastern states to reach this milestone. However, on-ground experiences tell…

24 Jul

Bajaj Housing Finance Q1 results: Profit after tax (PAT) upgrade 21% y-o-y to ₹583 crore

editorBusiness, News

Bajaj Housing Finance on Wednesday, July 23, reported that its profit after tax (PAT) grew 21% y-o-y to ₹583.3 crore in Q1 FY26. Its profit stood at ₹482.61 crore in the same period last year. The NBFC's net interest income (NII) stood at ₹887 crore during the quarter under review, up 33% to 4% from ₹665 crore in the June quarter of FY25. Its net interest margin (NIM) expanded to 4% from 3.9% earlier. However, its asset quality deteriorated as its gross non-performing assets (GNPA) rose to 0.30% in Q1 FY26 from 0.28% in the same period a year ago.…

23 Jul

Dixon Technologies Q1 results: Strong performance from mobile business drives 100% upgrade in net profit

editorBusiness, News

Dixon Technologies, the country's leading electronic manufacturing company, on Tuesday, July 22, reported a net profit of ₹280 crore for the first quarter of the current financial year (Q1 FY26), up 100% from ₹140 crore in the same period last year. This sharp jump in profits was due to strong performance from mobile and other EMS divisions. Dixon Technologies' total revenue from operations in Q1 grew 95% to ₹12,836 crore as against ₹6,580 crore in the same period a year ago. The company reported strong operating performance as its earnings before interest, tax, depreciation and amortization (EBITDA), also known as…

23 Jul

Sikkim Athlete Bags Silver

Purbalee DuttaNational, News, Sikkim

Manoj Kami, a talented long-distance runner from Sikkim, secured a silver medal in the 1500-metre race at the Indian Open Athletics Meet 2025. The prestigious national athletics competition was hosted earlier this month in Patna by the Bihar State Sports Authority in collaboration with the Bihar Athletics Association. Manoj, 21, finished second in the 1500 m track event, earning the silver medal. He hails from Bongten, Dentam in West Sikkim and currently trains at the Bright Future Athletic Club located in Reshithang near Gangtok. The athletic club extended its heartfelt gratitude to the Government of Sikkim, the Sports Department, and…

22 Jul

Coriander futures prices upgrade on higher demand

editorBusiness, News

New Delhi, Coriander prices rose by Rs 6 to Rs 7,726 per quintal in futures trade on Tuesday as speculators increased their positions following a firm trend in the spot market. At the NCDEX, coriander contracts for August delivery rose by Rs 6, or 0.08 percent, to Rs 7,726 per quintal with a turnover of 15,675 lots. Market analysts said coriander prices rose on a firm trend in the spot market and restricted supplies from producing regions.

21 Jul

AU Small Finance Bank Q1 results: Net profit upgrade 16% y-o-y to ₹581 crore

editorBusiness, News

All eyes will be on the bank's stocks on Monday after AU Small Finance Bank announced its financial year 2025-26 (Q1 FY26) results. The bank's net profit rose 15.58% y-o-y to ₹580.86 crore in the June quarter of FY26 as against ₹502.57 crore in the same period last year. During the quarter under review, the net interest income (NII) of the scheduled commercial bank stood at ₹2,045 crore y-o-y, up 6.45% to ₹1,921 crore from ₹1,921 crore in Q1 FY25, a regulatory filing said on Saturday. AU Small Finance Bank's asset quality witnessed a deterioration, and its gross non-performing assets…

19 Jul

ixigo shares jump over 15%, hit new 52-week high after Q1 results

editorBusiness, News

Ixigo shares: Shares of travel services provider Le Travenues Technologies (Ixigo) rose 15.24% to hit a new 52-week high of ₹206 on the BSE, a day after the company announced its June quarter results. On the National Stock Exchange, ixigo shares rose as much as 15% to hit an intraday high of ₹206.20. Ixigo's operating revenue rose 75% to ₹321 crore in the quarter ended June 2025 from ₹184 crore in the same period a year ago. Its net profit rose 28% to ₹19 crore as against ₹15 crore in the same period last year. Operationally, ixigo reported strong performance…