Business

New Delhi, May 12: Copper futures rose 0.06 percent to Rs 855.50 per kg on Tuesday due to increased spot demand.Copper contracts for June delivery rose 55 paise, or 0.06 percent, to Rs 855.50 per kg on the Multi Commodity Exchange in a business turnover of 949 lots.Analysts attributed the rise in copper prices to higher bets by participants.

New Delhi, Bakery foods company Britannia Industries Ltd has reported a 4.2 percent rise in consolidated net profit to Rs 559.13 crore for the March quarter of FY25 despite weak demand and challenging operating environment.According to a regulatory filing by Britannia Industries late on Thursday, the company had reported a net profit of Rs 536.61 crore in the same quarter a year ago.Britannia Industries' revenue from product sales rose 9 percent to Rs 4,375.57.30 crore in the March quarter.Its revenue from operations rose 8.9 percent to Rs 4,432.19 crore in the March quarter from Rs 4,069.36 crore in the same period last year.Commenting on the results, Vice Chairman and Managing Director Varun Berry said, “With high single-digit price growth of 9 percent during the last quarter of the yea...

New Delhi, May 9: Gold prices on Friday rose by Rs 220 to Rs 96,388 per 10 grams in futures trade as speculators created fresh deals amid strong spot demand.Gold contracts for June delivery on the Multi Commodity Exchange rose by Rs 220, or 0.23 percent, to Rs 96,388 per 10 grams in a business turnover of 14,385 lots.Analysts said fresh deals by participants led to the rise in gold prices.Globally, gold futures in New York rose 0.55 percent to $3,323.89 an ounce.

New Delhi: Crude oil prices rose by Rs 57 to Rs 5,063 per barrel in futures trade on Wednesday as participants increased their bets due to strong spot demand.Crude oil contracts for May delivery traded by Rs 57, or 1.14 percent, at Rs 5,063 per barrel on the Multi Commodity Exchange in a business turnover of 4,901 lots.Analysts said crude oil prices rose in futures trade as participants raised bets.Globally, West Texas Intermediate crude was trading 1.34 percent higher at $59.88 per barrel in New York, while Brent crude was up 1.17 percent at $62.88 per barrel.

New Delhi, May 7 State-owned Coal India Ltd on Wednesday reported that its consolidated net profit rose 12 percent to Rs 9,604.02 crore in the quarter ended March 2025. This was due to a rise in income.Coal India Ltd (CIL) said in a filing to BSE that the company had posted a consolidated net profit of Rs 8,572.14 crore in the same quarter a year ago.Total income during the January-March period rose to Rs 41,761.76 crore from Rs 40,457.59 crore a year ago, the filing said.The company said Mahanadi Coalfields Ltd's (MCL) IB Valley coal washery, with a capacity of 10 million tonnes per annum (MTPA), which started its operations in April last year, has become the country's largest non-coking coal washery.The company said the facility has already generated additional revenue of Rs 314 crore, ...

New Delhi: Gold prices on Monday rose by Rs 623 to Rs 93,260 per 10 grams in futures trade as speculators created fresh deals amid strong spot demand.Gold contracts for June delivery on the Multi Commodity Exchange rose by Rs 623, or 0.67 percent, to Rs 93,260 per 10 grams in a business turnover of 14,933 lots.Analysts said fresh deals by participants led to the rise in gold prices.Globally, gold futures in New York rose 0.95 percent to $3,274.20 an ounce.

New Delhi, May 5: Silver prices rose by Rs 481 to Rs 94,545 per kg in futures trade on Monday as participants increased their bets.At the Multi Commodity Exchange, the price of silver contracts for July delivery rose by Rs 481, or 0.51 per cent, to Rs 94,545 per kg in a business turnover of 18,380 lots.Analysts said fresh deals by participants led to the rise in silver prices.Globally, silver was trading 0.87 percent higher at $32.54 per ounce in New York.