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Sterlite Technologies Names Human Resource Chief

Sterlite Technologies (NSE:STLTECH, BOM:532374) appointed Anshu Mordia as chief human resource officer of the company, effective Wednesday, according to a same-day filing on Indian bourses.

BOM:532374NSE:STLTECH

Asia63d ago

Bajaj Finance Posts Gains in Fiscal Q4 Consolidated Profit

Bajaj Finance (NSE:BAJFINANCE, BOM:500034) recorded a rise in its consolidated attributable profit after tax to 54.6 billion Indian rupees in the fiscal fourth quarter ended March 31, against 44.8 billion rupees a year ago.Earnings per share climbed to 8.76 rupees from the year-ago figure of 7.22 rupees, according to a Wednesday filing to the Indian stock exchanges by the financial services provider.Revenue from operations in fiscal Q4 increased to 216.1 billion rupees from 182.9 billion rupees a year earlier.The board of directors also recommended final dividend of 6 rupees per share for the financial year ended March 31.

BOM:500034NSE:BAJFINANCE

Asia63d ago

MAS Financial Services' Consolidated Profit Climbs in Fiscal Q4

MAS Financial Services' (NSE:MASFIN, BOM:540749) consolidated profit attributable to the owners rose to 1.03 billion Indian rupees in the fiscal fourth quarter from 824.7 million rupees a year ago, according to an Indian bourse filing on Wednesday.Earnings per share for the quarter ended March 31 climbed to 5.69 rupees from 4.55 rupees a year earlier.Total revenue from operations in fiscal Q4 increased year over year to 5.42 billion rupees from 4.39 billion rupees.MAS Financial Services' board recommended a final dividend of 0.75 rupees per share for the fiscal year ended March 31.

BOM:540749NSE:MASFIN

Asia63d ago

Adani Power's Consolidated Net Profit Soars in Fiscal Q4

Adani Power (NSE:ADANIPOWER, BOM:533096) consolidated net profit jumped to 40.2 billion Indian rupees in the fiscal fourth quarter, from 26.4 billion rupees a year ago, according to an Indian bourse filing on Wednesday.Earnings per share for the quarter ended March 31 climbed to 2.08 rupees from 1.32 rupees a year earlier.The company's revenue from operations slipped marginally to 142.2 billion rupees from 142.4 billion rupees a year ago, the filing said.

BOM:533096NSE:ADANIPOWER

Asia63d ago

Indian Bank Consolidated Profit Climbs in Fiscal Q4

Indian Bank (NSE:INDIANB, BOM:532814) reported a growth in its consolidated net profit after minority interest to 31.7 billion Indian rupees in the fiscal fourth quarter ended March 31, up from 29.8 billion rupees a year ago.Earnings per share grew to 23.56 rupees from 22.14 rupees, according to a Wednesday filing to the Indian stock exchanges.Interest earned by the lender increased to 174.9 billion rupees from 158.6 billion rupees a year earlier.The bank's board also recommended a dividend of 18.25 rupees per share for the financial year 2025-26.Shares of the bank fell nearly 3% at market close.

BOM:532814NSE:INDIANB

Asia63d ago

CGS's Profit Climbs 10% in Q1

China Galaxy Securities (HKG:6881, SHA:601881) or CGS recorded a 10% rise in attributable profit in the first quarter of 2026 to 3.32 billion yuan from 3.02 billion yuan a year prior, according to a Wednesday Hong Kong bourse filing.The securities broker's earnings per share rose to 0.28 yuan from 0.25 yuan in the corresponding period of the previous fiscal year.Operating income increased 16% to 7.35 billion yuan from 6.36 billion yuan after adjustment in the year-ago period.

HKG:6881SHA:601881

Asia63d ago

Indian Equities End Higher on Wednesday Amid Positive Fiscal Q4 Earnings

Indian benchmark indices ended higher on Wednesday, supported by positive fiscal Q4 earnings and value buying across select sectors.A large part of intraday gains was, however, trimmed in late trade due to profit booking.The BSE Sensex rose 609.45 points, or 0.8%, to close at 77,496.36, while the NSE Nifty 50 gained 181.95 points, or also 0.8%, to settle at 24,177.65.The market saw early support from selective buying, especially in auto stocks, which helped indices move higher in morning trade. However, the momentum was lost later as investors locked in gains at higher levels.Rising crude oil prices also kept sentiment in check amid concerns about supply disruptions if the Strait of Hormuz remains closed for longer period.Among stocks, Vedanta (NSE:VEDL, BOM:500295) rose nearly 5% after reporting a sharp jump in fiscal Q4 profit to 67.0 billion rupees from 34.8 billion rupees a year earlier.Shelter Pharma (BOM:543963) gained nearly 4% after securing a $144,000 export order for pharmaceutical supplies.

^BSENifty 50BOM:500295BOM:543963NSE:VEDL

Asia63d ago

New China Life Insurance's Profit Climbs 11% in Q1

New China Life Insurance (HKG:1336, SHA:601336) recorded an 11% rise in attributable profit in the first quarter to 6.5 billion yuan from 5.88 billion yuan a year prior, according to a Wednesday Hong Kong bourse filing.The insurer's earnings per share rose to 2.08 yuan from 1.89 yuan in the corresponding period of the previous fiscal year.Operating income slipped 34% to 22.1 billion yuan from 33.4 billion yuan in the year-ago period.

HKG:1336SHA:601336

Asia63d ago

China Construction Bank's Profit Climbs 3.5% in Q1

China Construction Bank (HKG:0939, SHA:601939) recorded a 3.5% rise in attributable profit in the first quarter of 2026 to 86.3 billion yuan from 83.4 billion yuan a year prior, according to a Wednesday Hong Kong bourse filing.The lender's earnings per share remained unchanged year over year at 0.33 yuan.Operating income jumped 11% to 206.4 billion yuan from 186 billion yuan in the year-ago period.

HKG:0939SHA:601939

Asia63d ago

SKC Narrows Loss in Q1

SKC (KRX:011790) posted a first-quarter net loss attributable to shareholders of 81.6 billion won, narrowing from 104.9 billion won a year earlier, according to a Wednesday filing with the Korea Exchange.Sales of the chemicals company were up 13% year over year to 496.6 billion won from 437.9 billion won.Shares of SKC fell more than 1% at market close.

KRX:011790

Asia63d ago

PSBC's Profit Climbs 1.9% in Q1

Postal Savings Bank of China (SHA:601658, HKG:1658) or PSBC recorded a 1.9% rise in attributable profit in the first quarter of 2026 to 25.7 billion yuan from 25.2 billion yuan a year prior, according to a Wednesday Hong Kong bourse filing.The lender's earnings per share slipped to 0.20 yuan from 0.24 yuan in the corresponding period of the previous fiscal year.Operating income jumped 7.6% to 96.2 billion yuan from 89.4 billion yuan in the year-ago period.

HKG:1658SHA:601658

Asia63d ago

Federal Bank's Fiscal Q4 Consolidated Net Profit Rises

The Federal Bank (NSE:FEDERALBNK, BOM:500469) recorded a rise in its consolidated net profit to 13.9 billion Indian rupees in the fiscal fourth quarter ended March 31 from 11.1 billion rupees a year ago.Earnings per share climbed to 5.38 rupees compared with the year-ago figure of 4.40 rupees, according to a Wednesday filing to the Indian stock exchanges.Interest earned by the lender in fiscal Q4 also increased to 79.5 billion rupees from 71.1 billion rupees a year earlier.The bank's board also recommended a final dividend of 1.20 rupees per share for the fiscal year ended March 31.Shares of the bank fell nearly 3% in recent trade.

BOM:500469NSE:FEDERALBNK

Asia63d ago

Megmeet Electrical's 2025 Profit Dips 67%, Revenue Rises 15%

Shenzhen Megmeet Electrical's (SHE:002851) net profit attributable to shareholders in 2025 dropped 67% to 145.8 million yuan from 436.1 million yuan a year earlier, according to a Shenzhen bourse filing on Wednesday.Earnings per share dipped 68% year on year to 0.26 yuan from 0.83 yuan.Operating revenue rose 15% to 9.40 billion yuan from 8.17 billion yuan in the prior year.The Chinese industrial automation equipment manufacturer's shares jumped 10% at the close.

SHE:002851

Asia63d ago

China Life Insurance's Q1 Profit Slips 32%

China Life Insurance (HKG:2628, SHA:601628) recorded a 32% decline in attributable profit in the first quarter of 2026 to 19.5 billion yuan from 28.8 billion yuan a year prior, according to a Wednesday Hong Kong bourse filing.Earnings per share slipped to 0.69 yuan from 1.02 yuan in the corresponding period of the previous fiscal year.The insurer's operating income slid 15% to 93.3 billion yuan from 110.2 billion yuan in the year-ago period.The decline in profit was mainly due to a relatively high base in the first quarter of 2025 and market value fluctuations of certain equity investments in the period.

HKG:2628SHA:601628

Asia63d ago

PetroChina's Q1 Profit Climbs 1.9%

PetroChina (SHA:601857, HKG:0857) recorded a 1.9% rise in attributable profit in the first quarter of 2026 to 48.3 billion yuan from 47.5 billion yuan a year prior, according to a Wednesday Hong Kong bourse filing.The oil and gas company's earnings per share rose to 0.264 yuan from 0.259 yuan in the corresponding period of the previous fiscal year.Revenue slipped 2.2% to 736.4 billion yuan from 753.1 billion yuan in the year-ago period.

HKG:0857

Asia63d ago

Pond Group's Net Attributable Income Jumps 34% in Q1

Pond Group (KOSDAQ:472850) posted first-quarter net income attributable to shareholders of 9.97 billion won, up 34% from 7.47 billion won a year earlier, according to a Wednesday filing with the Korea Exchange.The South Korean clothing manufacturer and online retailer's sales rose 9.9% year over year to 117.05 billion won from 106.5 billion won.Shares of Pond Group fell nearly 2% at market close.

KOSDAQ:472850

Asia63d ago

MTCN's Q1 Profit Jumps 96%, Revenue Climbs 19%

Zhejiang MTCN Technology's (SHE:003026) net profit attributable to shareholders in the first quarter jumped 96% to 13.8 million yuan from 7.1 million yuan a year earlier, according to a Shenzhen bourse filing on Wednesday.Earnings per share soared 120% year on year to 0.11 yuan from 0.05 yuan.Operating revenue climbed 19% to 118.5 million yuan from the year-ago operating revenue of almost 100 million yuan.The silicon product maker's shares jumped less than 5% at the close.

SHE:003026

Asia63d ago

MTCN's 2025 Profit Jumps 89%, Revenue Rises 2%

Zhejiang MTCN Technology's (SHE:003026) net profit attributable to shareholders in 2025 jumped 89% to 43.1 million yuan from 22.8 million yuan a year earlier, according to a Shenzhen bourse filing on Wednesday.Earnings per share climbed 83% year on year to 0.33 yuan from 0.18 yuan.Operating revenue rose 1.5% to 428.9 million yuan from 422.6 million yuan in the previous year.The silicon product maker's shares jumped less than 5% at the close.

SHE:003026

Asia63d ago

Asian Micro's Unit Obtains Completion Certificate from Malaysian Authorities

Asian Micro (SGX:585) subsidiary Leverage Income received a certificate of completion and compliance in connection with a property development project in Malaysia, according to a Wednesday filing with the Singapore Exchange.The certificate was granted following the completion of the development of six units of a three story shop office in Penang, Malaysia.

SGX:585

Asia63d ago

TSMC, Partner Divest Entire Stake in Arm for $231 Million

Taiwan Semiconductor Manufacturing (TPE:2330), or TSMC, and its unit TSMC Partners have disposed of shares in Arm for $231 million.The transaction, carried out between April 28 and April 29, involved the sale of 1.11 million shares at an average price of $207.65 per share, according to a Wednesday Taiwan Exchange filing.The disposal generated a gain of about $174 million, and the company no longer holds any shares in Arm.The move was part of TSMC's equity investment disposal, it added.

TPE:2330

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