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ICC net surplus jumps 15 percent to 543 million as costs fall sharply

ICC net surplus jumps 15 percent to 543 million as costs fall sharply

The ICC reported a 15 percent rise in net surplus to $543.3 million in 2025, driven primarily by a sharp drop in event costs despite a slight fall in total revenue. Members’ funds nearly doubled, signaling improving financial strength. The sport’s governing body is now gearing up for the next media rights cycle, a key phase for future earnings.

Summarised by Beize from a story on The Economic Times on 14 May 2026
Matrimony Q4 profit jumps 18 percent to ₹9.7 crore and declares a ₹5 dividend per share

Matrimony Q4 profit jumps 18 percent to ₹9.7 crore and declares a ₹5 dividend per share

Matrimony’s Q4 FY26 profit rose 18.3% year-on-year to ₹9.7 crore, with revenue from operations up 7.8% to ₹116.8 crore. Sequentially, profit increased 16.9% and revenue edged higher. Total expenses rose just 0.5% to ₹110 crore, even as total income reached ₹121.9 crore, helped by finance and other income. The company also announced a ₹5 dividend.

Summarised by Beize from a story on Inc42 on 14 May 2026

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West Bengal CM orders crackdown on illegal mining and sand extraction to stop revenue leakage fast

West Bengal CM orders crackdown on illegal mining and sand extraction to stop revenue leakage fast

West Bengal Chief Minister Suvendu Adhikari has directed all departments to curb illegal mining and sand extraction, calling it a major financial drain. The order also demands speedy rollout of central government schemes within a week and immediate removal of unauthorized toll and drop gates across the state.

Summarised by Beize from a story on The Economic Times on 13 May 2026
Alibaba revenue rises as cloud and AI surge but global e commerce drags results

Alibaba revenue rises as cloud and AI surge but global e commerce drags results

Alibaba’s quarterly revenue rose 3%, powered by strong cloud and AI demand, while its China e-commerce segment got a boost from government subsidies. Even as macro headwinds lingered, the company’s enterprise AI platform showed promise. However, revenue narrowly missed expectations overall because international e-commerce underperformed, despite cloud revenue exceeding forecasts.

Summarised by Beize from a story on The Economic Times on 13 May 2026
Ventine Hospitality Q4 profit jumps 72 percent to Rs 259 crore on surging revenue

Ventine Hospitality Q4 profit jumps 72 percent to Rs 259 crore on surging revenue

Ventine Hospitality Ltd reported a sharp turnaround for the year ending March 31, 2026. Q4 net profit rose 72% to Rs 259 crore, while full-year profit climbed to Rs 502 crore. Revenue grew strongly as both its hotel business and annuity portfolio performed well, supported by strategic acquisitions meant to fuel the next phase of expansion.

Summarised by Beize from a story on The Economic Times on 13 May 2026
Nazara Q4 revenue slips 23% but profit rockets 13x on subsidiary windfall

Nazara Q4 revenue slips 23% but profit rockets 13x on subsidiary windfall

Nazara Technologies’ Q4FY26 revenue fell 23% to Rs 398 crore, yet net profit surged more than 13x to Rs 56 crore. The swing was driven largely by Rs 1,098 crore in other income tied to subsidiary sales. Meanwhile, gaming revenue rose 78% to Rs 278 crore, becoming the company’s biggest revenue contributor.

Summarised by Beize from a story on The Economic Times on 12 May 2026

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Tata Power Q4 profit dips 4 percent as revenue slides 13 percent despite record annual PAT

Tata Power Q4 profit dips 4 percent as revenue slides 13 percent despite record annual PAT

Tata Power’s consolidated net profit for Q4 FY26 fell 4% year-on-year to Rs 996 crore, while revenue dropped 13%. The quarter’s softness contrasts with a strong full-year performance: FY26 saw Tata Power achieve its highest-ever annual PAT of Rs 5,118 crore, supported by renewables, solar manufacturing, and transmission and distribution.

Summarised by Beize from a story on The Economic Times on 12 May 2026
MobiKwik turns profits in Q4 with ₹4.4 crore gain as revenue rises

MobiKwik turns profits in Q4 with ₹4.4 crore gain as revenue rises

MobiKwik swung to a consolidated net profit of ₹4.4 crore in Q4 FY26, reversing a ₹56 crore loss in the year-ago quarter. Revenue from operations rose 7.8% to ₹288.7 crore, while expenses excluding finance and depreciation fell 14% YoY. Sequentially, profit increased 10%, though revenue was nearly flat quarter-on-quarter.

Summarised by Beize from a story on Inc42 on 12 May 2026
Birla Corporation Q4 Profit Jumps 15% as Revenue Stays Nearly Flat and Dividend At Rs 12 50

Birla Corporation Q4 Profit Jumps 15% as Revenue Stays Nearly Flat and Dividend At Rs 12 50

Birla Corporation reported a strong Q4 with March quarter net profit up 15% year-on-year to Rs 295 crore, even though revenue grew only 0.8% to Rs 2,836 crore. The company recommended a dividend of Rs 12.50 per share. For the full year, profit surged 89% to Rs 558 crore alongside a reduced debt-to-equity ratio.

Summarised by Beize from a story on The Economic Times on 9 May 2026
Uber Backed Lime Files for US IPO After Revenue Surge Signals a Market Comeback

Uber Backed Lime Files for US IPO After Revenue Surge Signals a Market Comeback

Uber-backed electric bike and scooter maker Lime has filed for a US initial public offering, citing a sharp rise in yearly revenue. The company’s decision comes as the US IPO market shows signs of recovery. Lime says it will use IPO proceeds to support operations and repay debt, while continuing to expand across multiple cities globally.

Summarised by Beize from a story on The Economic Times on 8 May 2026

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Kalyan Jewellers Q4 Profit Jumps 118% to Rs 409 crore as Revenue Rockets 66%

Kalyan Jewellers Q4 Profit Jumps 118% to Rs 409 crore as Revenue Rockets 66%

Kalyan Jewellers reported a blockbuster March quarter for FY26, with net profit more than doubling to Rs 409.5 crore. Revenue from operations jumped 66.2% to Rs 10,274.9 crore, alongside strong EBITDA growth. The firm also recommended a final dividend of Rs 2.50 per equity share, citing solid performance from international operations and its Candere platform.

Summarised by Beize from a story on The Economic Times on 8 May 2026
CoreWeave Beats Revenue Estimates as AI Boom Supercharges High Performance Cloud Demand

CoreWeave Beats Revenue Estimates as AI Boom Supercharges High Performance Cloud Demand

CoreWeave has topped revenue expectations, driven by surging demand for its high performance cloud and computing services. These capabilities are increasingly essential for training and deploying artificial intelligence models. The company also landed major deals with Meta, Jane Street, and Anthropic, strengthening its position as a central player in the race to build AI infrastructure.

Summarised by Beize from a story on The Economic Times on 8 May 2026
Gusto clears 1B in actual revenue bringing it closer to going public soon

Gusto clears 1B in actual revenue bringing it closer to going public soon

Gusto says it has reached $1 billion in actual revenue, a milestone it emphasizes is based on real income rather than ARR projections. The figure, if sustained, signals stronger financial traction and could make the payroll and HR platform a more credible candidate for a future public-market push.

Summarised by Beize from a story on TechCrunch on 7 May 2026
Euler Motors revenue surges to Rs 402 crore as losses widen to Rs 308 crore

Euler Motors revenue surges to Rs 402 crore as losses widen to Rs 308 crore

Euler Motors, a commercial EV maker, more than doubled its FY26 revenue to Rs 402 crore as EV adoption accelerates. However, widening cost pressures pushed losses up to Rs 308 crore. The company says its unit economics are now positive and expects to reach break-even in the next two to three years, despite the near-term strain.

Summarised by Beize from a story on The Economic Times on 5 May 2026

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Moderna revenue beats estimates as international COVID vaccine sales surge

Moderna revenue beats estimates as international COVID vaccine sales surge

Moderna’s first-quarter revenue topped expectations, powered largely by strong international COVID-19 vaccine sales. While the company expects lower-than-anticipated revenue in Q2, it is betting on longer-term growth, targeting a major slice of Europe’s respiratory vaccine market. Its mCombriax launch is planned for 2027, shifting investor focus beyond COVID.

Summarised by Beize from a story on The Economic Times on 1 May 2026
X rebuilds its ad platform with AI to win back revenue momentum

X rebuilds its ad platform with AI to win back revenue momentum

X is rolling out a rebuilt advertising platform powered by AI, aiming to accelerate revenue growth after a challenging stretch. The company says the update is designed to improve how ads are delivered and targeted, leveraging AI to increase performance. The rollout signals a renewed push to strengthen ad business and regain advertiser confidence.

Summarised by Beize from a story on TechCrunch on 30 Apr 2026
Aster DM Healthcare Q4 revenue jumps 18% as EBITDA surges 31% after merger momentum

Aster DM Healthcare Q4 revenue jumps 18% as EBITDA surges 31% after merger momentum

Aster DM Healthcare posted 18% year-on-year Q4 revenue growth to Rs 1,182 crore, alongside a 31% rise in operating EBITDA. The company says it remains on track to close its merger with Quality Care India Ltd in Q1 FY27, which would form a combined network of over 10,600 beds—an expansion move aimed at strengthening its market position.

Summarised by Beize from a story on The Economic Times on 30 Apr 2026
Google Cloud tops 20B quarterly revenue but admits it could grow faster

Google Cloud tops 20B quarterly revenue but admits it could grow faster

Google Cloud has crossed $20B in quarterly revenue for the first time, driven by accelerating AI-related workloads. Yet the company warns that the pace of growth was held back by capacity constraints, implying it may have delivered even higher revenue if more infrastructure had been available. Investors are watching how quickly Google can expand resources to meet demand.

Summarised by Beize from a story on TechCrunch on 30 Apr 2026

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Etsy beats revenue estimates as shoppers trade up to lower prices

Etsy beats revenue estimates as shoppers trade up to lower prices

Even as consumer spending faces pressure from persistent inflation fears and stricter tariff policies, Etsy managed to outperform revenue expectations. The marketplace attracted buyers by keeping products priced within reach, while also benefiting from low listing fees that help sellers stay competitive. Results suggest demand can hold up when costs remain controlled for both shoppers and vendors.

Summarised by Beize from a story on The Economic Times on 29 Apr 2026
Adani Power Q4 Profit Jumps 52% to Rs 4017 Crore on Higher Income

Adani Power Q4 Profit Jumps 52% to Rs 4017 Crore on Higher Income

Adani Power reported a sharp Q4 turnaround, with net profit rising 52% year-on-year to Rs 4,017 crore. The company said total income grew 10% to Rs 15,989 crore during the reporting period. The results highlight how earnings accelerated faster than revenue growth, setting up questions about margins and cost control.

Summarised by Beize from a story on The Economic Times on 29 Apr 2026
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