Eternal has reported a significant increase in its total expenses, which surged to Rs. 17,406 crore in the January–March quarter, compared to Rs. 6,104 crore in the same period of the previous financial year. Alongside its financial disclosure, the company announced a strategic internal restructuring move involving its subsidiary Wasteland Entertainment Private Limited (WEPL). As part of an asset transfer agreement, Eternal will transfer the technology stack of its District platform and associated employees for a consideration exceeding Rs. 24.19 crore.

Maruti Suzuki India, the country’s largest automobile manufacturer, reported a 6.45 per cent year-on-year decline in consolidated net profit for the fourth quarter ended March 31, 2026. The company posted a profit of Rs. 3,659 crore, compared to Rs. 3,911.1 crore in the corresponding period of the previous fiscal year. According to a regulatory filing, the decline was primarily attributed to mark-to-market losses. Despite the dip in profitability, the performance reflects underlying operational resilience in a challenging financial environment.

Venture capital firm Peak XV Partners has fully exited its investment in fintech company One MobiKwik Systems through a secondary market block deal valued at over Rs. 130 crore. The early-stage investor reportedly sold its entire stake of approximately 7.7 per cent, realising returns estimated at nearly three times its original investment. The transaction involved the sale of around 61 lakh shares at an average price of Rs. 214 per share.

India’s equity markets ended higher after a volatile trading session, with the BSE Sensex rising 609.45 points to close at 77,496.36 and the Nifty 50 gaining 181.95 points to settle at 24,177.65. Strong performances from heavyweights such as Maruti Suzuki India, Reliance Industries, and Bharti Airtel drove the rally. Investor sentiment was supported by corporate earnings, particularly Maruti’s record profits, although selective selling in financial and aviation stocks capped broader gains.

IIFL Finance reported a sharp rise in its fourth-quarter earnings for FY26, with consolidated net profit more than doubling to Rs 623 crore, driven by higher interest income and improved asset quality. Total income climbed significantly to Rs 3,700 crore, reflecting strong lending activity and operational efficiency. The company’s performance highlights resilience in India’s non-banking financial sector, supported by credit demand and disciplined risk management.

Infosys has significantly accelerated its expansion in a key port city, increasing its workforce from 250 to 1,900 employees over the past two years. The company plans to add 750 more seats in the near term while outlining a long-term vision to develop a 20-acre campus capable of accommodating 7,000 professionals. This expansion reflects Infosys’ strategic focus on regional growth and talent integration.

Renault has unveiled a structural reorganization of its India operations, signaling a strategic shift aimed at improving operational efficiency and long-term competitiveness. The company has approached the National Company Law Tribunal for approval to separate its powertrain manufacturing business from vehicle production and sales. The proposed restructuring seeks to create a dedicated powertrain entity while consolidating automotive manufacturing and commercial functions under a unified framework.

Royal Enfield reported a 31 percent year-on-year increase in total sales for April 2026, reaching 1,13,164 units, reflecting strong domestic demand despite a decline in exports. The mid-size motorcycle maker, part of Eicher Motors, saw domestic sales rise sharply by 37 percent, while overseas shipments fell by 14 percent. The performance underscores a resilient home market and highlights shifting demand dynamics across geographies.

Maruti Suzuki India has reported its highest-ever April sales, registering 2,39,646 units, marking a 33.29 percent year-on-year increase and signaling a robust start to the new fiscal year. The company’s domestic sales also reached a record 1,91,122 units, reflecting strong consumer demand, particularly in the small car segment. This performance highlights a broader recovery in India’s automotive market, supported by improved affordability and evolving consumer preferences.

Vedanta Limited has delivered a standout market performance, with its stock surging 84.5 percent over the past year, significantly outperforming the BSE Sensex, which declined by more than 3 percent during the same period. The rally coincides with the company’s decision to restructure into five independent entities, a move aimed at unlocking shareholder value and enhancing operational focus.