Deepak Fertilisers and Petrochemicals Corporation Ltd (DFPCL) on Friday posted an over three-fold jump in consolidated net profit to Rs 435.66 crore in the June quarter on strong sales. Its net profit stood at Rs 130.63 crore in the year-ago period, according to a regulatory filing. Total income increased by 59.45 per cent on a [...]
As per data, foreign investors own about 18-20 per cent of the Indian stock market. Among them, the Foreign Institutional Investors (FIIs) are tracked the most to get a consensus about the sentiments of the foreign investors. The Foreign Institutional Investors were on a selling spree at the beginning of the year. However, they have [...]
Homegrown FMCG firm Emami Ltd on Friday reported 6.55 per cent decline in June quarter profit after tax (PAT) at Rs 72.69 crore. The company had posted a PAT of Rs 77.79 crore in April-June 2021-22, Emami said in a regulatory filing. However, revenue from operations was up 17.75 per cent to Rs 778.29 crore [...]
Benchmark BSE Sensex and Nifty spurted over 1 per cent to extend their winning run to a third day on Friday following buying in index majors Reliance Industries, Infosys and HDFC twins. A largely buoyant global trends also helped indices continue their gaining streak. The 30-share BSE barometer jumped 712.46 points or 1.25 per cent [...]
Sun Pharma on Friday reported 43 per cent rise in consolidated net profit at Rs 2,061 crore for June quarter, riding on robust sales across markets. The Mumbai-based company had posted a net profit of Rs 1,444 crore in April-June 2021-22. Total revenue from operations rose to Rs 10,762 crore in the period under review [...]
Commercial vehicles maker Ashok Leyland on Friday reported a consolidated net profit of Rs 96 crore for June quarter 2022-23 riding on higher sales. The company had incurred a net loss of Rs 324 crore in the same period last fiscal year, Ashok Leyland said in a regulatory filing. Revenue from operations more than doubled [...]
Mortgage lender HDFC Ltd on Friday reported a 22.2 per cent rise in its standalone net profit to Rs 3,668.92 crore for the first quarter ended June 30, on higher income driven by robust loan disbursements. The company's net profit in the same quarter a year ago stood at Rs 3,001 crore. Its total income [...]
Zydus Wellness on Friday reported a 4.75 per cent rise in consolidated net profit to Rs 137.01 crore in the first quarter ended June 30, impacted by higher expenses and a one-time outgo for plant closure. The company had posted a consolidated profit after tax at Rs 130.8 crore in the same period last fiscal, [...]
Technology giant Apple, which recorded 83 billion dollars in revenue for the third quarter ended June 2022, has reported a "near doubling" of revenue in India. Announcing financial results for its fiscal 2022 third quarter ended June 25, Apple on Thursday said it has achieved a revenue record of USD 83 billion, up 2 per [...]
State-owned Punjab National Bank (PNB) on Thursday reported a 70 per cent decline in standalone net profit to Rs 308.44 crore in the three months ended June. The bank had posted a net profit of Rs 1,023.46 crore in the year-ago period. In the March quarter, the same stood at Rs 201.57 crore. Total income [...]
