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Aveer Foods cooks up sizzling half-year profits
MUMBAI: Aveer Foods has served up a tasty financial performance for the half year ended 30th September 2025, with profits rising and revenues gaining flavour. The Pune-based food company posted a net profit after tax of Rs 241.60 crore, up from Rs 250.81 crore in the corresponding period last year, reflecting steady operational growth. Revenue from operations spiced up to Rs 720.86 crore, compared with Rs 561.92 crore a year ago. Other income added a modest Rs 6.84 crore, bringing total income to Rs 721.54 crore.
On the cost front, the company’s ingredients bill rose to Rs 505.78 crore, while employee costs and other expenditure held steady. Depreciation and amortisation came in at Rs 141.08 crore, and finance costs amounted to Rs 54.51 crore. Overall, Aveer Foods cooked up a profit before tax of Rs 316.15 crore.
The balance sheet shows robust assets, with property, plant and equipment surging to Rs 2,374 crore, and inventories rising to Rs 401.60 crore. Total equity stands at Rs 3,025.41 crore, reflecting healthy shareholder value.
Cash flow from operations was strong at Rs 601.86 crore, although investment in new plant and equipment consumed Rs 1,832.20 crore, highlighting the company’s expansion appetite. Borrowings contributed Rs 685.50 crore, while lease repayments and finance costs tempered overall cash movement, leaving closing cash and cash equivalents at Rs 45.92 crore.
Aveer Foods continues to blend growth with expansion, keeping its recipe for shareholder returns both consistent and appetising.
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Google nears Nvidia in race for world’s most valuable company
Market cap gap narrows as Google hits $4.65 trillion, Nvidia at $4.86 trillion.
MUMBAI: In the AI gold rush, even the giants are sprinting and Google is suddenly gaining ground. Google is rapidly closing in on Nvidia in the race to become the world’s most valuable publicly listed company, with the gap between the two narrowing sharply amid diverging stock momentum. The tech giant’s market capitalisation has surged to around $4.65 trillion, following a more than 140 per cent rise in its share price over the past year.
That rally has added over $2.6 trillion in value in just 12 months, including nearly $900 billion since January alone. Its stock recently hovered at $381.80, slipping marginally by 0.04 per cent, but still reflecting strong upward momentum.
Nvidia, meanwhile, continues to hold the top spot with a valuation of approximately $4.86 trillion. The chipmaker crossed the $5 trillion milestone in October last year and peaked at $5.27 trillion on 27 April. However, its shares have largely plateaued over the past six months, rising just 0.2 per cent recently to $199.99.
The contrast in trajectories is striking. While Nvidia has seen relatively flat movement, Google has gained over 36 per cent in the same six-month period. Barron’s estimates suggest that if current trends hold, the valuation gap could shrink to as little as $190 million by the time Nvidia reports its first-quarter earnings on 20 May.
Daily momentum paints a similar picture. Nvidia recorded average daily gains of about 0.66 per cent last month, compared to Google’s stronger 1.42 per cent, an edge that could prove decisive in the short term.
Driving Google’s resurgence is its aggressive push into artificial intelligence across its ecosystem, from search and YouTube to cloud computing. The company has already invested $144 billion in capital expenditure over the past two years and plans to deploy a further $490 billion over the next two.
Its cloud division is also gathering pace. Google Cloud reported an order backlog of nearly $220 billion in the latest quarter, with total backlog touching a record $462 billion, around half of which is expected to be realised within two years. The company’s entry into chip sales is also beginning to factor into its growth narrative.
The last time Google briefly topped the S&P 500 by market value was in February 2016, when it edged past Apple for just two days. This time, the stakes and the numbers are far higher.
At the heart of the contest lies a single force: artificial intelligence. As both companies pour billions into infrastructure, chips and platforms, the leaderboard is no longer just about size, it is about who can scale the future faster.
