JSW Steel starts FY26 on a high but remains cautious

[ad_1] Mumbai: JSW Steel Ltd reported better-than-expected profit for the June quarter, driven by higher production and sales volume as well as lower cost of coking coal, a key ingredient. The steelmaker’s first-quarter profit jumped to ₹2,209 crore from Rs.867 in the same quarter a year ago, according to the company’s exchange filings. A key … Read more

Wipro starts the year slow but pins hopes on large deals

[ad_1] On Thursday, the Bengaluru-based information technology (IT) outsourcer reported $2.59 billion in revenue for the April-June first quarter, down 0.35% from the preceding three months and 1.47% lower from the corresponding year-ago period. Much of the company’s revenue was dragged by banks and financial institutions, which are its biggest earners. Wipro’s first-quarter revenue, however, … Read more