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Polycab India Q2 Results: Consolidated profit up 37% at Rs 270 crore

Polycab India Q2 Results: Consolidated profit up 37% at Rs 270 crore

Wires and cables manufacturer Polycab India (PIL) on Tuesday reported a 36.72 per cent growth in consolidated profit during the September quarter at Rs 270.45 crore. The company's profit stood at Rs 197.80 during the corresponding quarter of 2021-22, it said in a regulatory filing. Revenue from operations of the company during the quarter under [...]
Mercedes Benz India records Rs 441.4 cr PAT in FY23

Mercedes Benz India records Rs 441.4 cr PAT in FY23

Luxury carmaker Mercedes-Benz India recorded a profit after tax of Rs 441.4 crore in the fiscal ended March 31, 2022, after two years of losses, according to financial data accessed by business intelligence platform Tofler. The company, which is not a publicly listed entity, had posted a loss after tax of Rs 107.1 crore and [...]
ACC Q2 Results: Consolidated net loss at Rs 87 cr

ACC Q2 Results: Consolidated net loss at Rs 87 cr

Cement maker ACC on Monday reported a consolidated net loss of Rs 87.32 crore for the quarter ended September 30, 2022. The company, which follows January-December financial year, had posted a profit of Rs 450.21 crore in the same quarter a year ago, ACC said in a BSE filing. Total revenue from operations during the [...]
RIIL Q2 Results: Net Profit drops 11.4%

RIIL Q2 Results: Net Profit drops 11.4%

Reliance Industrial Infrastructure Ltd (RIIL) on Saturday reported an 11.4 per cent drop in the second quarter net profit on flattish revenue. Net profit of Rs 2.26 crore in July-September was 11.4 per cent lower than Rs 2.55 crore net profit in the same period last year, the company said in a statement. The profit [...]
Alok Industries Q2 Results: Consolidated net loss widens to Rs 191.50 cr

Alok Industries Q2 Results: Consolidated net loss widens to Rs 191.50 cr

Integrated textile company Alok Industries on Saturday reported a widening of its consolidated net loss to Rs 191.50 crore for the second quarter that ended on September 30, 2022. The company, which was acquired by Reliance Industries along with JM Financial Asset Reconstruction through NCLT-monitored insolvency proceedings last year, had reported a net loss of [...]