Maruti Suzuki India (MSI) on Wednesday reported over two-fold jump in its consolidated net profit to Rs 1,036 crore for the first quarter ended June 30, mainly due to a low base in the year-ago period. The auto major had posted a net profit of Rs 475 crore in the COVID-hit April-June quarter of the [...]
Retail chain Shoppers Stop Ltd on Tuesday reported a consolidated net profit of Rs 22.83 crore for the first quarter that ended on June 30, 2022. The company had posted a net loss of Rs 104.89 crore in the April-June quarter a year ago, said Shoppers Stop in a regulatory filing. Its revenue from operations [...]
Tata Power on Tuesday posted a nearly 90 per cent jump in its consolidated net profit to Rs 883.54 crore for the April-June quarter of the current fiscal driven by higher income. The company had posted a net profit of Rs 465.69 crore in the same quarter of 2021-22, Tata Power said in a BSE [...]
The trade volume on the Indian Energy Exchange (IEX) grew 10 per cent to 23.4 billion units in June quarter mainly due to rise in power consumption in the country during the period. The trade volume in the quarter comprised 20.64 billion units (BU) in the conventional power market, 1.52 BU in the green market [...]
Bajaj Auto on Tuesday reported a marginal decline in consolidated net profit at Rs 1,163 crore for June quarter 2022-23 as chip shortage impacted sales. The Pune-based firm had posted a net profit of Rs 1,170 crore in April-June period a year ago. Total revenue from operations rose to Rs 8,005 crore in the quarter [...]
Domestic steel major Tata Steel on Monday posted a 21 per cent fall in its consolidated net profit to Rs 7,714 crore for the April-June quarter due to higher costs of materials and finance costs. The company had reported a net profit of Rs 9,768 crore in the same period of 2021-22, the company said [...]
Future Supply Chain Solutions Ltd on Monday reported a net loss of Rs 624.22 crore for the fourth quarter ended March this year. The loss was mainly on account of credit loss from group firm Future Retail Ltd (FRL) which is now facing insolvency proceedings. The company reported a net profit of Rs 47.87 crore [...]
Tech Mahindra on Monday reported a 16.4 per cent slide in its consolidated net profit at Rs 1,132 crore for the June 2022 quarter. The Mahindra group company, which is the fifth biggest IT exporter in the country, had posted a net profit of Rs 1,353 crore in the year-ago period. For the reporting quarter, [...]
India's second-largest IT services firm Infosys reported a lower-than-estimated 3.2 per cent rise in June quarter net profit as operating margin declined on rising expenses. Net profit is at Rs 5,360 crore, or Rs 12.78 a share, compared with Rs 5,195 crore, or Rs 12.24 per share, in the same period a year back, the [...]
Private sector lender Kotak Mahindra Bank on Saturday reported a 26 per cent rise in net income at Rs 2,071.15 crore in the June quarter, buoyed by record margins and a decline in bad loans. On a consolidated basis, the city-headquartered financial services group, which is also into life and non-life insurance, share broking, asset [...]
