Reported Standalone quarterly numbers for Sofcom Systems are: Net Sales at Rs 0.11 crore in December 2023 down 91.53% from Rs. 1.35 crore in December 2022. Quarterly Net Profit at Rs. 0.06 crore in December 2023 down 82.44% from Rs. 0.32 crore in December 2022. EBITDA stands at Rs. 0.10 crore in December 2023 down 68.75% from Rs. 0.32 crore in December 2022.

Reported Standalone quarterly numbers for ORCHASP are: Net Sales at Rs 3.42 crore in December 2023 down 23.43% from Rs. 4.46 crore in December 2022. Quarterly Net Profit at Rs. 0.27 crore in December 2023 down 71.09% from Rs. 0.95 crore in December 2022. EBITDA stands at Rs. 0.42 crore in December 2023 down 72.73% from Rs. 1.54 crore in December 2022. ORCHASP EPS has decreased to Rs. 0.02 in Dec.

Reported Standalone quarterly numbers for MRO-TEK Realty are: Net Sales at Rs 17.84 crore in December 2023 up 96.96% from Rs. 9.06 crore in December 2022. Quarterly Net Profit at Rs. 9.74 crore in December 2023 up 16779.97% from Rs. 0.06 crore in December 2022. EBITDA stands at Rs. 12.23 crore in December 2023 up 260.77% from Rs. 3.39 crore in December 2022.

Reported Standalone quarterly numbers for Ace Software are: Net Sales at Rs 2.09 crore in December 2023 down 2.2% from Rs. 2.13 crore in December 2022. Quarterly Net Profit at Rs. 2.80 crore in December 2023 up 765.6% from Rs. 0.32 crore in December 2022. EBITDA stands at Rs. 2.88 crore in December 2023 up 657.89% from Rs. 0.38 crore in December 2022.

Reported Standalone quarterly numbers for Tarsons Products are: Net Sales at Rs 61.79 crore in December 2023 up 0.77% from Rs. 61.32 crore in December 2022. Quarterly Net Profit at Rs. 10.07 crore in December 2023 down 37.53% from Rs. 16.12 crore in December 2022. EBITDA stands at Rs. 26.26 crore in December 2023 down 12.55% from Rs. 30.03 crore in December 2022.

Reported Standalone quarterly numbers for Athena Global Technologies are: Net Sales at Rs 2.23 crore in December 2023 down 7.76% from Rs. 2.42 crore in December 2022. Quarterly Net Loss at Rs. 1.82 crore in December 2023 up 8.97% from Rs. 2.00 crore in December 2022. EBITDA stands negative at Rs. 0.57 crore in December 2023 down 147.83% from Rs. 0.23 crore in December 2022.

"Enforcement Directorate to investigate Paytm Payments Bank over allegations of fund siphoning. Paytm denies any wrongdoing and assures compliance with regulations. Stock falls further amid ongoing crisis for parent company One97 Communications, following RBI restrictions on PPBL. RBI directs PPBL to stop accepting deposits and credit transactions after February 29.

Amid the Reserve Bank of India's (RBI) restriction on card-based commercial payments, card network players Visa and Mastercard along with some of the banking institutions met with the RBI officials on February 14 to make representation and clarify the corporate card-to-business account money transfer transactions, sources told Moneycontrol.

Sun TV Network, India's prominent television broadcaster, reported a 6.8% increase in profit after tax for the December quarter in FY24. The company's PAT of Rs 454 crore was higher than the Rs 425 crore in the same period last year. Total income also saw a 7.4% rise YoY at Rs 1058.6 crore. This includes income from their cricket franchises held by the Holding Company.

The Reserve Bank of India (RBI) Governor Shaktikanta Das has warned banks against the buildup of risks in the banking system. At a meeting with bank CEOs, Das said there is no scope for any complacency and banks should continue to maintain their vigil around the build-up of risks. The governor’s comments assume significance in the context of rising instances of fraudulent practices and scams.

RBI Governor Shaktikanta Das on Wednesday asked banks to remain vigilant against build-up of risks in the banking system as there is no scope for any complacency. The Governor held meetings with MD and CEOs of public sector banks and select private sector banks as part of RBI's continuous interaction with the senior management of its regulated/supervised entities.

Indian market closed higher for the second straight day despite muted global cues. The S&P BSE Sensex rose over 200 points while the Nifty50 closed above 21,800 level.Sectorally, buying was seen in oil & gas, public sector, energy and metal stocks while selling was seen in IT and healthcare stocks.Stocks that were in focus include names like HDFC Bank which slipped to a fresh 52-week low.

Capital Small Finance Bank shares have not seen the issue price on the listing day, falling 7 percent on February 14 despite healthy market conditions. The muted subscription numbers can also be the reason for weak performance. The stock started the day at Rs 430.25 on the NSE, down 8 percent compared to the issue price of Rs 468. It remained under pressure throughout the session.

Orient Green Power Company Limited (OGPL) on Wednesday reported a consolidated net loss of Rs 20.64 during the quarter ended December 2023. It had posted a net profit of Rs 9.74 crore in the October-December period of the preceding 2022-23 financial year, the company said in an exchange filing. Its total income was trimmed to Rs 38.18 crore from Rs 57.33 crore a year ago.

Delhi NCR-based County Group will invest Rs 5,000 crore over a period of five years to build ultra-luxury housing project Ivory County in Noida, the company said. Located in Noida's Sector 115, near the Faridabad-Noida-Ghaziabad (FNG) Expressway, the project has a revenue potential of Rs 7,500 crore approximately, top company executives said.