TMTG, the company behind Donald Trump’s Truth Social, reported a first-quarter net loss exceeding $400 million. The slump was largely blamed on plunging cryptocurrency valuations, with earnings falling below $1 million. The results intensify scrutiny of TMTG’s heavy investment in the crypto space and its ability to sustain those bets amid market volatility.
Bajaj Auto posted its highest-ever quarterly net profit of ₹2,746 crore, driven by a broad-based rise in vehicle sales across its brands. The company also reported strong export growth, cushioning concerns about an industry slowdown. Despite expectations of softer conditions, Bajaj Auto is optimistic, citing a strong product mix and export strength, while full-year revenue and profit reached new highs.
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Punjab National Bank reported a 14% year-on-year rise in Q4 net profit to ₹5,225 crore, driven by expanding digital operations. PNB says digital transactions now exceed 95% of total activity, with over ₹1 lakh crore in digital sanctions and one in three loans approved online. For FY27, it targets 12–13% credit growth and a ₹2 lakh crore digital book.
Avenue Supermarts, which runs DMart, reported a 19% jump in March-quarter FY26 net profit to Rs 656.6 crore. The company’s revenue also increased 19% year-on-year, signaling continued momentum in its retail performance. Profit is attributable to the equity holders of the company, according to the results released on Saturday.
Infosys cut its headcount by 8,440 in Q4FY26, bringing total employees to 3,28,594 at the end of March 2026. The move comes even as the company reported higher quarterly profits. Year-on-year, headcount is still up by 5,016 employees, but attrition has risen to 12.6%, signaling deeper workforce churn.
IndiGo’s December quarter is usually its strongest, but disruptions tied to December chaos may pressure Q3 results. The outlook could worsen as SpiceJet remains unstable, with analysts warning it could slip into losses if IndiGo cuts profits by nearly one-third. Together, the two carriers face a tougher operating and demand environment.
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Bluestone’s Q4 performance surged as revenue from operations rose 48%, and the company shifted from loss to profit on a full-year basis. For FY26, revenue grew 38% to Rs 2,436 crore, turning net profit to Rs 13 crore versus a Rs 222 crore loss a year earlier. Its first-ever quarterly profit of Rs 68.8 crore arrived in Q3FY26.
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