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Hindalco Industries has posted its strongest quarter ever. Consolidated net profit jumped 59% YoY to ₹7,532 crore in Q2 FY27, on record revenue of ₹91,708 crore (+39%). EBITDA rose 42% to ₹13,757 crore, with aluminium upstream EBITDA up 55% and Novelis revenue up 25% on firm metal prices. Shares slipped about 0.5% as investors weighed high debt and a ₹50,000 crore capex pipeline.
#Hindalco #Q2Results #StockMarket #India #Aluminium #Novelis #Earnings #Zimbuck114 Views -
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🚨 BREAKING: Adani Ports (APSEZ) is buying Netherlands-based Evos B.V. — Europe's second-largest independent liquid storage operator — in a €2.56 billion (~$2.87B) all-cash deal.
The deal gives Adani a 100% stake in Evos: 8 port-based liquid storage terminals across 5 European countries, with 6.3 million cubic metres of capacity. Evos posted €392M revenue and €219M EBITDA in 2025.
The deal is debt-funded (MUFG sole underwriter, up to €2.8B) and needs regulatory approvals. APSEZ shares rallied as much as 2.8% to ₹1,937.70 on Friday.
Full story on zimbuck.com
#AdaniPorts #Adani #Stocks #StockMarket #India #Investing #Mergers #BusinessNews126 Views -
🌍 The world's poorest nations are paying the highest borrowing costs since 1989, the World Bank warns.
📊 Developing countries' external debt hit a record $9.4 trillion in 2025 — up 5.5%, the biggest jump since 2021.
💸 The poorest nations paid an average 8.2% on new private borrowing — and 9.4% on new bonds. Debt service hit $1.4 trillion in 2025, the fifth straight yearly rise.
The World Bank warns the rising bill is crowding out spending on schools, hospitals and infrastructure.
#WorldBank #Debt #GlobalEconomy #EmergingMarkets #Finance #Economy #Zimbuck178 Views -
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