Shares of online food delivery platform Zomato zoomed nearly 18 percent in a time span of two days, after the company announced its result for the latest quarter. The company reported its first-ever profit after tax of ₹ 2 crore in the April to June quarter (Q1FY24), as compared to a net loss of ₹ [...]
Realty firm Keystone Realtors Ltd on Monday reported an over 9-fold jump in its consolidated net profit at Rs 46.97 crore for the June quarter on higher income. Its net profit stood at Rs 4.97 crore in the year-ago period. Total income increased to Rs 282.82 crore during the April-June period of 2023-24 fiscal from [...]
Central Depository Services (CDSL), which is the only publicly traded depository in Asia, on Monday reported a marginal 4% on-year growth in net income at Rs 92 crore in the April-June quarter FY24. Total income of the city-based company, which was also the first in the category to go public, rose 8% on-year to Rs [...]
Driven by robust growth, FMCG player Emami Limited on Monday said its consolidated net profit for the first quarter of FY'24 surged by 88 per cent to Rs 136.75 crore, compared to Rs 72.69 crore in the corresponding quarter of the previous year. The company's consolidated revenues grew by 7 per cent to Rs 826 [...]
The Indian government planned to redevelop 1300 major railway stations across the country under the Amrit Bharat Station Scheme. Redevelopment of 508 railway stations began on August 6,2023 after Prime Minister Narendra Modi laid the foundation stone for the projects, which are estimated to cost $3 billion (Rs 24,470 crore). Under the redevelopment project, 508 [...]
RateGain Travel Technologies Limited (NSE: RATEGAIN), a global provider of AI-powered SaaS solutions for the hospitality and travel industry, today announced its financial results for Q1 FY24 ending on June 30, 2023, reporting robust revenue growth and improving profitability as the companies continue to build on a record year last year. For Q1FY24, the quarter [...]
The board of directors of a small-cap company in the telecom sector recently announced the record date for a 1:5 stock split. At 02:30 PM, its shares were trading at ₹ 868.00 apiece on the Bombay Stock Exchange (BSE). Avantel in an exchange filing said that its board has fixed August 16, 2023, as the [...]
During Q1 FY24, TCIEXPRESS achieved its revenue of Rs. 306 crores, registering a growth of 4.8% on a year-on-year basis. EBITDA for the quarter was Rs. 48 crores, representing a sequential growth of 7.0% with a margin of 15.6%. Profit after tax was Rs. 32 crores with a margin of 10.6%, up by 4.2% from [...]
An NBFC Stock with a market capitalization of Rs 2,184 crore surged 10.5 percent on Monday to reach a 52 week high price of Rs 369 apiece following the company's outstanding June Quarter financial results. Repco Home Finance Ltd. shares were trading at Rs. 349.20 a share on the National Stock Exchange at 2:18 p.m., [...]
“Dividend” is a regular profit-sharing payment that is made between a company and its stakeholders. A company's Board of Directors is the decision-making authority when it comes to the determination of dividends to be paid on each share. Dividend stocks are potential sources of a stream of income, especially during inflationary periods. Listed below is [...]
