Engines and related parts maker Cummins India has reported more than three-fold increase in its standalone profit after tax (PAT) at Rs 66.76 crore in three months to June, driven by higher domestic and exports sales. The Pune-based company had posted a standalone PAT of Rs 17.89 crore in the June quarter of FY21, according to a regulatory filing.

VerSe Innovation, which owns platforms like Dailyhunt and Josh, on Thursday said it has raised and signed definitive agreements for over USD 450 million (about Rs 3,341.1 crore) funding from Siguler Guff, Baillie Gifford, affiliates of Carlyle Asia Partners Growth II and others. The series I funding also saw existing investors - Sofina Group, Qatar Investment Authority and BCap - also participating north of their pro-rata in this round, a statement said.

State-run Power Finance Corporation (PFC) on Thursday posted an over 28 percent jump in its consolidated net profit at Rs 4,554.98 crore in the June 2021 quarter, mainly due to higher revenues. Its consolidated net profit was Rs 3,557.23 crore in the quarter ended June 30, 2020, a BSE filing said. Total income in the quarter under review rose to Rs 18,973.93 crore from Rs 16,932.24 crore in the same period a year ago.

Gujarat Alkalies posted good Q1 earnings clocking in an improvement both on a year-on-year and sequential basis. Revenue is up 50 percent and margin has expanded to nearly 18 percent.