Adani Enterprises Q1FY24 PAT grew by 44%
One of the greatest commercial conglomerates in India, the Adani Group, is represented by its flagship company, Adani Enterprises Limited (AEL). Adani Enterprises has prioritized developing world-class infrastructure assets that support nation-building over the years. The business has made a substantial contribution to the nation's self-sufficiency by creating unicorns including Adani Transmission, Adani Power, Adani [...]
Bharti Airtel Q1 ’24 Net Income Flat at Rs 1,612 Crore, Revenue Jumps 14%
Telecom operator Bharti Airtel on Thursday posted a net profit of Rs 1,612 crore for the first quarter ended June 2023, which is nearly flat over earnings in the same period of the previous year. The revenue for the just-ended quarter was 14 per cent higher at Rs 37,440 crore compared to the year-ago period [...]
Dabur India Q1FY24 net profit grew by 5%
Dabur Ltd., an international firm that manufactures consumer goods and has its headquarters in Ghaziabad, was founded by S. K. Burman. It is one of the biggest fast-moving consumer goods (FMCG) firms in India that produces natural consumer goods and Ayurvedic medicines. Dabur currently engages in important consumer product categories like Food & Beverages, Home [...]
Sun Pharma Reports 2% Dip in Q1 ‘24 Net Profit, Expects Strong Growth for Fiscal Year
Sun Pharmaceutical Industries operates in over 100 countries and has a portfolio of offerings chiefly APIs, Branded Generics, Formulations, Intermediates. It is the 10th largest US generis manufacturer with 43 global manufacturing facilities and state of the art R&D facilities. Sun Pharmaceutical on Thursday reported a 2% decline in its consolidated net profit at Rs [...]
ICRA Rating (2nd largest domestic rating firm) reported net income grew by 88% in Q1FY24.
Leading financial/investment institutions, commercial banks, and financial services firms founded ICRA Limited (formerly known as Investment Information and Credit Rating Agency of India Limited) in 1991 to serve as an independent and qualified investment information and credit rating agency. The ICRA Group of Companies (Group ICRA) is made up of ICRA and its subsidiaries today. [...]
Varun Beverages Q2 profit improved by 25.4%, revenue 13.6%
One of the biggest PepsiCo franchisees in the world (outside the USA) is Varun Beverages Limited, a significant participant in the beverage sector. A huge variety of carbonated soft drinks (CSDs) and non-carbonated beverages (NCBs), including bottled drinking water offered under PepsiCo trademarks, are manufactured, distributed, and sold by the company. VBL, which is in [...]
Top Latest News on Company Results
Maruti, Merc, Audi to hike vehicle prices from January
New Delhi, Dec 2 (PTI) Car market leader Maruti Suzuki India along with luxury carmakers Mercedes-Benz and Audi on Thursday said they will increase prices from January to offset rising input and feature enhancement costs. While Maruti said the price rise planned for January 2022 will vary for different models, Mercedes-Benz India said its hike [...]
IPO-bound footwear firm Metro Brands aims to utilise Rs 250-cr for store expansion
New Delhi, Dec 2 (PTI) Footwear retailer Metro Brands Ltd, which is likely to come out with its initial share-sale by the end of the month, will utilise Rs 250 crore from the proceeds towards opening 219 stores in the next two-and-half years, its senior official said on Thursday. At present, the company has 586 [...]
Audi to hike vehicle prices by up to 3 pc from January
New Delhi, Dec 2 (PTI) German luxury carmaker Audi on Thursday announced a price increase of up to 3 per cent across its entire model range, effective from January 1 next year, owing to a rise in input and operational costs.The company currently sells models like A4, A6, A8 L, Q2, Q5, Q8, S5 Sportback, [...]
Maruti Suzuki to hike vehicle prices from January
New Delhi, Dec 2 (PTI) The country's largest carmaker Maruti Suzuki India (MSI) on Thursday said it will increase vehicle prices from January next year to offset the impact of the rise in input costs.The price increase would vary from model to model, the auto major said, without sharing the details."Over the past year, the [...]
Maruti Suzuki to hike vehicle prices from January to offset rise in input costs
New Delhi, Dec 2 (PTI) The country's largest carmaker Maruti Suzuki India (MSI) on Thursday said it is planning to increase vehicle prices from January next year to offset the impact of the rise in input costs.The price increase would vary from model to model, the auto major said, without sharing the details."Over the past [...]
Hero MotoCorp sales drop 41 pc in Nov
New Delhi, Dec 1 (PTI) The country's largest two-wheeler maker Hero MotoCorp on Wednesday reported a 41 per cent drop in total wholesales at 3,49,393 units in November. The company had sold 5,91,091 units in the same month of the previous year, Hero MotoCorp said in a statement. In the domestic market, the company's wholesales [...]
Benchmarks recoup losses amid global rebound; RIL, banks shine
Mumbai, Dec 1 (PTI) The Sensex rallied 620 points while the Nifty reclaimed the 17,100-level on Wednesday as investors piled into recently-battered banking, finance and energy counters amid a recovery in global equities despite lingering concerns over the Omicron coronavirus variant. A sharp jump in the rupee and encouraging macroeconomic data further enthused domestic investors, [...]
Maruti Suzuki India reports 9 pc dip in total sales in Nov
New Delhi, Dec 1 (PTI) The country's largest carmaker Maruti Suzuki India on Wednesday reported 9 per cent decline in total sales at 1,39,184 units in November with electronic components shortage impacting production. The company had sold a total of 1,53,223 units in the same month last year, Maruti Suzuki India Ltd (MSIL) said in [...]
Tata Motors reports 25% increase in total sales in November
New Delhi, Dec 1 (PTI) Tata Motors said its total sales increased by 25 per cent to 62,192 units in November as compared to the same month last year. The company had dispatched 49,650 units in November 2020. The automaker posted a 21 per cent increase in its domestic wholesales at 58,073 as compared with [...]
Ashok Leyland sales slip 2 pc to 10,480 units in Nov
New Delhi, Dec 1 (PTI) Hinduja flagship firm Ashok Leyland on Wednesday reported a 2 per cent decline in total commercial vehicle sales to 10,480 units in November 2021.The company had sold 10,659 units in the same month last year, Ashok Leyland said in a regulatory filing.Domestic sales were down 4 per cent at 9,364 [...]
TVS Motor sales fall 15 pc in Nov
New Delhi, Dec 1 (PTI) Chennai-based TVS Motor Company on Wednesday reported a 15 per cent decline in total sales at 2,72,693 units for November 2021.The company had sold 3,22,709 units in the same month last year, TVS Motor said in a regulatory filing.The total two-wheelers sales stood at 2,57,863 units last month, against 3,11,519 [...]
Escorts reports 30 pc dip in Nov tractor sales at 7,116 units
New Delhi, Dec 1 (PTI) Farm machinery and construction equipment major Escorts Ltd on Wednesday reported a 30 per cent decline in total tractor sales at 7,116 units in November 2021. The company had sold 10,165 units in the same month last year, Escorts said in a regulatory filing. Domestic tractor sales were down 32.8 [...]
Sai Life Sciences’ pharmaceutical API manufacturing site receives Certificate of Inspection from PMDA, Japan
HYDERABAD, India, Dec. 1, 2021 /PRNewswire/ -- Sai Life Sciences, a leading global Contract Research, Development & Manufacturing Organization (CRO/ CDMO), today announced that the Japanese regulatory agency, Pharmaceuticals and Medical Devices Agency (PMDA) completed a paper-based compliance inspection of its intermediate & API manufacturing facility in Bidar, India and issued a Certificate of Inspection. [...]
Indian economy grows 8.4 pc in July-September, surpasses pre-COVID level
New Delhi, Nov 30 (PTI) India's GDP growth slowed to 8.4 per cent in the second quarter of 2021-22, mainly due to waning low base effect, but the economy has surpassed the pre-COVID level, official data showed on Tuesday. The GDP growth in April-June quarter this fiscal stood at 20.1 per cent. The Indian economy [...]
Companies bullish on their hiring plans this quarter: Report
New Delhi, Nov 30 (PTI) Companies are bullish on their hiring plans this quarter on the back of easing of the pandemic-related restrictions and consequent e-commerce and retail sector performance, according to a report. According to TeamLease Services' Q3 hiring intent trends based on its platform data, the hiring intent for the October-December 2021 quarter [...]
New business premium of life insurers to grow 14% to Rs 3.18 lakh cr in FY2022: Study
Mumbai, Nov 29 (PTI) The total new business premium of domestic life insurance companies is likely to grow 14 per cent to Rs 3.18 lakh crore in the current financial year, domestic rating agency Icra said in a report Monday. During the first seven months of fiscal 2022, the total new business (NB) premium growth [...]
GDP seen growing at 8.3% in Q2, 9.4% full year: Report
Mumbai, Nov 29 (PTI) Leading rating agency India Ratings expects the economy to grow 8.3 per cent in Q2 and close the year with 9.4 per cent in FY'22, which is 10 bps lower than the consensus forecast. The agency has attributed the higher growth to the nine consecutive quarters of over 3 per cent [...]
Bullish about India market opportunity, biz prospects from 5G deployments: STL MD
New Delhi, Nov 28 (PTI) Digital networks integrator Sterlite Technologies (STL) is bullish about the India market opportunity, including business prospects arising from upcoming 5G deployments, Ankit Agarwal, who recently took over as managing director of the company, said. Agarwal - who transitioned into the role of managing director last month amid top-level leadership changes [...]
Paytm Q2 loss widens to Rs 473 crore
New Delhi, Nov 27 (PTI) Financial technology firm Paytm's parent One 97 Communications on Saturday reported widening of consolidated loss to about Rs 473 crore in the second quarter ended September 2021, mainly on account of increase in payment processing charges. The company had posted a loss of Rs 436.7 crore in the same quarter [...]
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As a retail investor, you should look at the variations in PAT which is Profit After Tax, increase or decrease in sales or revenue and compare them to their previous quarter or previous year quarter.