Top headlines: HDFC Q1 net rises 22%; IOC posts Rs 1,993-cr net loss in Q1

Swiggy announced on Friday that it has extended its 'Future of Work' policy and announced a permanent work-from-anywhere for majority of roles.

HDFC Q1 profit jumps 22% YoY to Rs 3,669 crore, misses estimates

Mortgage lender Housing Finance Development Corporation (HDFC) reported standalone net profit of Rs 3,668.82 crore on Friday, for the April-June quarter of fiscal 2022-23 (Q1FY23), driven by higher interest and dividend income. This was 22.2 per cent higher than last year’s (Q1FY22’s) profit of Rs 3,001 crore.

Sequentially, the profit slipped marginally by 0.8 per cent from profit of Rs 3,700 crore reported in Q4FY22. Read more

Sun Pharma Q1 net up 43% to Rs 2,061 crore on specialty sales, India biz

India’s largest drug