Electric mobility company Olectra Greentech on Thursday posted a multi-fold jump year-on-year in its net profit to Rs 18.8 crore for the June quarter, mainly on the back of higher revenues. Olectra had reported a net profit of Rs 2 crore in the quarter ended June 30, 2021, the company said in a statement. Its [...]
Mahindra & Mahindra Financial Services on Thursday reported a consolidated net profit of Rs 240 crore for June quarter aided by fall in expenses and higher income from business operations. The company had posted a net loss of Rs 1,573.40 crore in April-June 2021-22. The loss in the year-ago period was due to the impact [...]
Bajaj Finserv on Thursday reported a 57 per cent jump in net profit at Rs 1,309 crore in the first quarter ended June 30, on healthy earnings by its subsidiary companies. In the year-ago period, the company had posted a net profit of Rs 833 crore. Company's consolidated total income during April-June period of 2022-23 [...]
FMCG major Nestle India Ltd on Thursday reported a decline of 4.31 per cent in its net profit at Rs 515.34 crore for the second quarter ended June 30, 2022. The company, which follows the January-December financial year, had posted a net profit of Rs 538.58 crore in the corresponding period a year ago, Nestle [...]
Beer maker United Breweries Ltd on Wednesday reported a five-fold jump in its consolidated net profit to Rs 162.50 crore in the June quarter, mainly on the back of volume growth. The company, controlled by Dutch multinational brewing company Heineken NV, had posted a net profit of Rs 30.94 crore in the year-ago period, according [...]
Non-bank lender Shriram City Union Finance on Wednesday reported a 63 per cent rise in its June quarter net profit to Rs 345.35 crore. The company had reported a total comprehensive income of Rs 211.68 crore on a consolidated basis in the year-ago period. On a standalone basis, the total comprehensive income rose to Rs [...]
Home textiles major Welspun India Ltd on Wednesday reported a decline of 90.41 per cent in its consolidated net profit to Rs 21.36 crore for the June 2022 quarter, mainly on account of high input costs. The company had posted a consolidated net profit of Rs 222.90 crore in the April-June quarter a year ago, [...]
Auto component maker SKF India on Wednesday reported a 63 per cent increase in its consolidated profit after tax at Rs 129.12 crore in the April-June quarter of the current financial year. SKF India had recorded a consolidated PAT (Profit After Tax) of Rs 79.12 crore in the same quarter of the previous fiscal, according [...]
Industrial and automotive component supplier Schaeffler India on Wednesday reported a 76 per cent year-on-year growth in net profit at Rs 225.75 crore in the April-June quarter of this year. In the same quarter of the previous year, the company's net profit stood at Rs 128.13 crore, as per the regulatory filing. The company follows [...]
Bajaj Finance Ltd on Wednesday reported its highest-ever consolidated quarterly net profit at Rs 2,596 crore for the June quarter, helped by robust income due to brisk loan growth. The company had reported a net profit of Rs 1,002 crore in the year-ago period. Total income rose by 38 per cent to Rs 9,283 crore [...]
