Max Health Q2 Results: Nifty’s latest entrant reports 74% YoY jump in cons PAT to Rs 491 crore, revenue grows 25%

Max Healthcare Institute has announced strong financial results for the September quarter. The company’s net profit surged by 74% year-on-year to Rs 491 crore. Revenue from operations also saw a significant increase of 25% to Rs 2,135 crore. This performance reflects robust growth driven by factors like increased occupied bed days and international patient revenue.

‘Big Short’ fame Michael Burry’s depreciation gripe shines spotlight on big tech profits

Michael Burry has raised concerns that Big Tech’s soaring profits might be artificially inflated due to extended depreciation schedules for computing equipment. While companies like Meta and Alphabet are lengthening asset useful lives, potentially boosting earnings, investors are increasingly scrutinizing the massive capital expenditures on AI infrastructure and the true pace of asset depreciation.

Curis Lifesciences IPO to list today. Check GMP ahead of debut

Curis Lifesciences is set to list on the NSE SME platform on November 14, following an IPO that saw overwhelming investor response, subscribing 74.39 times. The company, which manufactures pharmaceutical formulations, reported strong financial growth in FY25. IPO proceeds will fund facility upgrades, working capital, and market expansion.