More Today's Headlines
Mixed Financial Results Reported by Companies in June 2026 Quarter
In the June 2026 quarter, multiple companies reported their financial results with varied performances. Several firms, including Kapil Raj Finance and Patel KNR Heavy Infrastructures, saw significant net profit increases, while others like Tata Realty Infrastructure and Divine Hira Jewellers experienced notable net losses or declines. Sales figures also fluctuated, with some companies reporting substantial growth and others facing declines. Overall, the reports reflect a mixed financial landscape across sectors during this period.
Ola Electric Shares Drop After Q1 Loss Narrows; Mixed Earnings Across Sectors
Ola Electric's shares fell 6% after reporting a narrower Q1 FY27 loss of Rs 336 crore but a 45% year-on-year revenue decline to Rs 455 crore, amid lower volumes and average selling prices. The company's auditor flagged the reversal of a Rs 57 crore penalty provision related to the battery cell PLI scheme before formal government approval. Meanwhile, Hero MotoCorp and Hitachi Energy posted strong Q1 results with rising profits and revenues. Other companies like Delhivery, Inox Wind, and Bharat Forge reported mixed earnings, with some facing profit declines. Market movements reflect varied sectoral performances amid ongoing economic and policy developments.
Mamata Banerjee Faces Protests and Alleged Attack During Visit to Custodial Death Victim's Family
Former West Bengal Chief Minister Mamata Banerjee faced protests during her visit to the family of Birju Keot, a Trinamool Congress worker who died in police custody in North 24 Parganas. Protesters surrounded her vehicle, raised slogans calling her a thief, and allegedly threw stones, mud, and footwear. Banerjee accused BJP supporters and the police of complicity, while BJP leaders condemned the violence but denied involvement. Chief Minister Suvendu Adhikari refuted claims of BJP participation and affirmed her security arrangements. The incident has heightened political tensions in the state.



