Business

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.

New Delhi: Silver prices rose by Rs 290 to Rs 95,019 per kg in futures trade on Friday as participants increased their bets.At the Multi Commodity Exchange, the price of silver contracts for July delivery rose by Rs 290, or 0.31 percent, to Rs 95,019 per kg in a business turnover of 16,802 lots.Analysts said fresh deals by participants led to the rise in silver prices.Globally, silver was trading 0.40 percent higher at $32.54 an ounce in New York.

New Delhi, May 2: Aluminium prices rose by 60 paise to Rs 231.50 per kg in the futures market on Friday due to fresh deals by speculators amid a positive trend in the spot market.The price of aluminium contract for May delivery rose by 60 paise or 0.26 percent to Rs 231.50 per kg on the Multi Commodity Exchange in a business turnover of 5,286 lots.Analysts said fresh deals by traders amid demand from consumer industries supported aluminium prices in the futures market.

New Delhi, Apr 30: Bengaluru's housing market witnessed a 59 per cent rise in sales of luxury homes priced Rs 10 crore and above in the last fiscal, hitting a record Rs 1,000 crore on the back of high demand, according to a report by India Sotheby's International Realty and CRE Matrix.A recent report by real estate consultant India Sotheby's International Realty (ISIR) and real estate data analytics firm CRE Matrix mentioned that Bengaluru's luxury housing market (Rs 10 crore and above) achieved sales bookings of Rs 1,000 crore in 2024-25, up from Rs 627 crore in the previous year.In terms of volume, luxury home sales grew from 51 units to 78 units.The report said that in Bengaluru's luxury segment, ticket-size apartments of Rs 10-12 crore are witnessing the highest sales."Bengaluru's lux...

State-owned oil marketing company (OMC) Bharat Petroleum Corporation Ltd (BPCL) on Tuesday, April 29, reported a net profit of ₹3,214 crore in the January-March quarter, down 24% from ₹4,224 crore in the same period last year.BPCL's revenue from operations declined 4% year-on-year (YoY) to ₹1,26,864.93 crore from ₹1,32,056.56 crore in the same period a year ago.BPCL reported weak operating performance as its operating profit also known as earnings before interest, tax, depreciation and amortisation (EBITDA) declined 15.5% to ₹7,764.89 crore in the March quarter as against ₹9,184.75 crore in the same period last year.Its operating profit margin also known as EBITDA margin declined 80 basis points to 6.12% as against 6.96% in the year-ago period.The company's board recommended a final divid...