SBI
India’s largest public sector lender State Bank of India (SBI) on Saturday reported 24% year-on-year (YoY) growth in its standalone net profit at Rs 21,028 crore in the third quarter. Net interest income for the same period increased 9% YoY to Rs 45,190 crore. The company’s operating profit (before provisions and contingencies) grew 40% YoY to Rs 32,862 crore.
BSE
Shares of BSE will be in focus as the company will announce its third quarter results today.
IREDA
State-run power NBFC Indian Renewable Energy Development Agency (IREDA) on Friday approved a Rs 2,994 crore fundraising plan via the qualified institutions placement (QIP) mode. The shares will be sold in one or more tranches and the fundraise will be structured such that the shareholding of the government does not dilute by more than 3.76% of the company’s post-issue paid-up equity share capital.
Anand Rathi Share
Anand Rathi Share and Stock Brokers on Friday informed the exchanges that its Internal Inquiry Committee has discovered a Rs 13 crore fraud. The brokerage said that the crime has been committed by certain unknown individuals in connivance with the employees of group company Anand Rathi IT Private Limited.
Tata Steel
Steel major Tata Steel reported a 723% jump in its December quarter consolidated net profit at Rs 2,689 crore compared to Rs 327 crore reported in the year ago period. The profit after tax (PAT) is attributable to the owners of the company. The company’s revenue from operations stood at Rs 57,002 crore in Q3FY26, up 6% over Rs 53,648 crore posted in the corresponding period of the last financial year.
Titan Company
Leading watch maker Titan Company expects sales of luxury Swiss watches to rise sharply in India following the recent India-EU Free Trade Agreement, which has further lowered import duties on such products, said a top company official.
Tata Motors PV
Tata Motors Passenger Vehicles Ltd (TMPVL) plans to increase vehicle prices in the coming weeks due to continued pressure from rising commodity costs, its Managing Director and CEO Shailesh Chandra said. The company has been facing higher input costs for nearly a year, and the impact is now significant enough to warrant a price revision.
Kotak Mahindra Bank
Kotak Mahindra Bank on Saturday said it has not submitted a financial bid as part of the ongoing disinvestment process for IDBI Bank Ltd. According to an ET report dated February 6, Prema Watsa’s Fairfax Financial and Kotak Mahindra Bank were said to have submitted financial bids for a majority stake in IDBI Bank.
L&T
Infrastructure major Larsen & Toubro (L&T) plans to commission 18 MW of data centre capacity by March-end, taking its total operational capacity to 32 MW by the end of the current fiscal. The total capital expenditure for the data centre stands at around Rs 1,000 crore.
PFC
The board of Power Finance Corporation (PFC) on Friday approved an in principle merger with REC, taking the Union Budget proposal for restructuring of two of the major public sector non-bank lenders forward. PFC already owns 52.63% in REC, following the acquisition of the government holding.
ACME Solar
ACME Solar has secured a 301/1,204 megawatt hour firm and dispatchable renewable energy project project from state-owned SECI. A Firm and Dispatchable Renewable Energy (FDRE) project integrates advanced solar, wind and Battery Energy Storage Systems (BESS) to enable reliable energy dispatch during peak demand.
Tata Chemicals
Tata Chemicals on Friday announced an investment of Rs 515 crore to set up a new greenfield manufacturing facility in Tamil Nadu, approved earlier by the company’s Board of Directors on February 2, 2026. The new unit will be used for the production of Iodised Vacuum Salt Dried (IVSD).
Sun Pharma
Sun Pharma will maintain a disciplined approach when it comes to acquisitions in order to allow the business to grow organically while remaining attractive for shareholders, according to Chairman Dilip Shanghvi.
RIL
Reliance Consumer Products Limited (RCPL), the FMCG arm of Reliance Industries, on Saturday announced acquisition of a majority stake in Australia-based Goodness Group Global. The deal, which includes acquiring ‘Better-For-You’ beverage business, will help RCPL enter the Australian market and help expand its overseas presence.