Nelco’s Q1 net profit slumps over 60 pc, expenses rise 8.5 pc

IANS | July 14, 2025 6:41 PM

Mumbai, July 14 (IANS) Tata Group-backed Nelco Limited on Monday reported a sharp decline in its consolidated net profit year-on-year (YoY) for the first quarter (Q1) of FY26, with profits plunging 60.52 per cent to Rs 1.80 crore, compared to Rs 4.56 crore in the same period previous year (Q1 FY25).

India’s retail inflation falls to over 6-year low of 2.1 pc in June

IANS | July 14, 2025 4:58 PM

New Delhi, July 14 (IANS) India’s inflation rate based on the Consumer Price Index (CPI) eased further to 2.1 per cent in June this year compared to the same month of the previous year. This is the lowest level of retail inflation since January 2019, according to a statement issued by the Ministry of Statistics on Monday.