Amara Raja Batteries Q1 Result: PAT rose by 45.55% YoY
Indian multinational corporation Amara Raja Group has its headquarters in Tirupati. The company is included in the manufacturing of electrical items, packaged foods and beverages, automotive batteries, infrastructure, power systems, sheet metal products and fasteners. Amara Raja Batteries Ltd on Saturday reported a 45.55 per cent increase in consolidated profit after tax at Rs 192.14 [...]
SPIC Q1 Result: PAT declined by 35% YoY
The Indian corporation Southern Petrochemical Industries Corporation Ltd., sometimes known as SPIC, produces fertilizer-related goods. The business, which has its headquarters in Chennai, Tamil Nadu, India, was established on December 18, 1969. Southern Petrochemicals Industries Corporation Ltd (SPIC) has reported a decline in its profit after tax for the April-June 2023 quarter at Rs 43.97 [...]
Bank of Maharashtra: Top from the list of PSU lenders for loan and deposit growth of 25% in Q1
State-owned Bank of Maharashtra (BoM) has emerged as the top performer among public sector lenders in loan and deposit growth in percentage terms during the first quarter of the current financial year. The deposit and advances of the Pune-based lender recorded a nearly 25 per cent rise, the highest by any public sector bank during [...]
Puravankara Q1 ‘24 Results: Company Reports 119% Increase in Revenue
Puravankara Limited, one of India’s most trusted real estate players, announced its financial results today for the first quarter (Q1FY24) ending June 30, 2023. The company recorded sales of Rs. 1,126 crores, an increase of 119% Y-o-Y. Sales volume for the quarter stood at 1.36 msft, up by 97% Y-o-Y with a strong collection of [...]
JSPL Q1 ‘24 Results: Company Reports 13% Decrease in Net Profit
Private steel player Jindal Steel and Power Ltd (JSPL) on Friday posted a 13 per cent decline in consolidated net profit to Rs 1,692 crore for the June quarter due to higher expenses. It had clocked a net profit of Rs 1,990 crore in the April-June period a year ago, the company said in a [...]
ABB India Q2 Results: Company Reports 101% Increase in Net Profit
ABB India's net profit more than doubled to Rs 296 crore in the June quarter mainly due to higher revenues, the company said on Friday. The company reported a net profit of Rs 147 crore in the quarter, a statement showed. Total revenues of the company rose to Rs 2,509 crore in the quarter under [...]
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Gland Pharma Q2 Results: Consolidated net profit dips 20.14%
Gland Pharma Ltd on Wednesday reported a 20.14 per cent decline in consolidated net profit at Rs 241.24 crore for the second quarter ended September 30, on lower sales and higher expenses. The company had posted a consolidated net profit of Rs 302.08 crore in the same period last fiscal, Gland Pharma said in a [...]
Century Textiles Q2 Results: Consolidated net profit rises 59%
Century Textiles and Industries, a part of the Aditya Birla Group, on Wednesday reported 59.38 per cent rise in consolidated net profit at Rs 69.97 crore for September quarter 2022-23. In the year-ago period, the profit stood at Rs 43.9 crore, the company said in a regulatory filing. Total income from operations rose to Rs [...]
CDSL Q2 Results: Consolidated net profit falls 7% to Rs 80 crore
Leading depository CDSL has reported a 7 per cent decline in its consolidated net profit to Rs 80 crore in three months ended September 2022. In comparison, the depository had posted a net profit of Rs 86 crore in the year-ago period, Central Depository Services (India) Limited (CDSL) said in statement. The company's total income [...]
Best Agrolife Q2 Results: Consolidated net profit jumps five fold to Rs 129.81 cr
Agro chemicals firm Best Agrolife Ltd has clocked an over five-fold jump in its consolidated net profit at Rs 129.81 crore for the quarter ended September on higher sales. Its net profit stood at Rs 25.18 crore in the year-ago period, the company said in a statement. Total income also more than doubled to Rs [...]
Yes Bank Q2 Results: Standalone net profit falls 32% to Rs 153 cr
Yes Bank on Saturday reported 32 per cent decline in standalone net profit at Rs 152.82 crore for September quarter 2022 on higher provisions. The bank had posted a net profit of Rs 225.50 crore for the year-ago same period. In preceding June quarter 2022, the net profit stood at Rs 310.63 crore. Total income [...]
Kotak Mahindra Bank Q2 Results: Net profit rises 27% to Rs 2,581 cr
Kotak Mahindra Bank on Saturday reported an about 27 per cent rise in net profit at Rs 2,581 crore for the quarter ended September 2022. The private sector lender had posted a net profit of Rs 2,032 crore in the same quarter of the previous fiscal year. Total income during July-September period of 2022-23 grew [...]
IRB Infrastructure Q2 Results: Consolidated net profit rises 102%
IRB Infrastructure Developers on Friday reported a 101.65 per cent jump in consolidated net profit to Rs 85.30 crore for the second quarter ended September 2022. The company had clocked a consolidated net profit of Rs 42.30 crore in the corresponding quarter of the previous fiscal, it said in a statement. Total income during the [...]
Karur Vysya Bank Q2 Results: Net profit jumps 52% to Rs 250 cr
Private sector lender Karur Vysya Bank on Friday reported a 52 per cent jump in its net profit at Rs 250 crore for the quarter ended September 30, on the back of a double-digit growth in net interest income and fall in bad loans. The South-based lender had posted a net profit of Rs 165 [...]
Laurus Labs Q2 Results: Consolidated net profit up 14% at Rs 233 cr
Drug firm Laurus Labs on Friday said its consolidated net profit increased 14 per cent to Rs 233 crore in the second quarter ended September 30, 2022. The company had reported a net profit of Rs 204 crore in July-September period a year ago. Revenue from operations rose to Rs 1,576 crore in the quarter [...]
IDBI Bank Q2 Results: Net profit up 46% at Rs 828 cr
IDBI Bank on Friday reported a 46 per cent rise in its net profit to Rs 828 crore for the second quarter ended September 30. The bank had posted a net profit of Rs 567.12 crore in the year-ago period. The total income in the September 2022-23 quarter rose to Rs 6,065.51 crore from Rs [...]
J&K Bank Q2 Results: Net profit doubles to Rs 243 cr
Jammu & Kashmir Bank on Friday reported over two-fold jump in net profit at Rs 243.49 crore for September quarter 2022-23 on a healthy growth in interest income and fall in bad loans. The bank had posted a net profit of Rs 111.09 crore for the year-ago period. Total income during the quarter rose to [...]
Motilal Oswal Financial Q2 Results: PAT up 11% to Rs 509 crore
Motilal Oswal Financial Services Ltd on Friday reported an 11 per cent growth in Profit After Tax (PAT) at Rs 509 crore for three months ended September 2022 driven by robust growth across the segments. This was the highest quarterly profit posted by the company. In comparison, the company had a PAT of Rs 458 [...]
Axis Bank shares climb over 6.5% post earnings announcement
Shares of Axis Bank climbed over 6.5 per cent in morning trade on Friday, after the firm reported a 66.29 per cent jump in consolidated net profit for the September quarter. The stock jumped 6.50 per cent to its 52-week high of Rs 879.95 on the BSE. At the NSE, it rallied 6.53 per cent [...]
United Breweries Q2 Results: Consolidated net profit rises 67%, revenue up 11.5%
Beer maker United Breweries Ltd has reported a 66.94 per cent growth in its consolidated net profit at Rs 134.12 crore in the second quarter ended September 30, mainly on the back of volume growth. The company, controlled by Dutch multinational brewing company Heineken NV, had posted a net profit of Rs 80.34 crore in [...]
L&T Finance Q2 Results: Net income surges 81% to Rs 406 crore on record loan sales
L&T Finance Holdings on Thursday reported an 81 per cent jump in net income at Rs 406 crore for the September quarter, helped by better asset quality and record high retail advances. The leading non-banking credit company said it logged the highest-ever quarterly retail disbursements in the September quarter, and the retail book has crossed [...]
Coforge Q2 Resullts: Consolidated profit after tax rises 37% to Rs 201 crore
IT company Coforge on Thursday reported about 37 per cent increase in consolidated profit after tax to Rs 201.1 crore in the second quarter ended September 30, 2022. The company had recorded profit after tax of Rs 146.7 crore in the same period a year ago. The consolidated revenue from operations of Coforge increased by [...]
ITC Q2 Results: Consolidated net profit rises 24%; revenue up 25.35%
ITC Ltd on Thursday reported a 24.08 per cent increase in consolidated net profit at Rs 4,670.32 crore in the second quarter of FY23, led by a strong performance across segments including cigarettes and agri business. The company had posted a net profit of Rs 3,763.73 crore during the July-September quarter of the previous fiscal, [...]
Axis Bank Q2 Results: Standalone net profit jumps 70% at Rs 5,330 crore
Axis Bank on Thursday reported a jump of 70 per cent in its standalone net profit at Rs 5,329.77 crore in quarter ended September 2022 on healthy core income aided by trimming of bad loans. The country's third largest private sector lender had posted a net profit of Rs 3,133.32 crore in the year ago [...]
Dixon Technologies Q2 Results: Consolidated net profit up 23%
Dixon Technologies (India) Ltd on Thursday reported 23.11 per cent rise in consolidated net profit at Rs 77.12 crore for the second quarter ended September 30, 2022. The company had posted a net profit of Rs 62.64 crore for July-September period a year ago, the electronic manufacturing services firm said in a BSE filing. Revenue [...]
Granules India Q2 Results: Consolidated net profit rises 79%
Drug firm Granules India on Thursday said its consolidated net profit increased by 79 per cent to Rs 145 crore for the second quarter ended September 2022, aided by robust sales across segments. The Hyderabad-based company had reported a net profit of Rs 81 crore in the July-September period of the previous fiscal. Revenue from [...]
South Indian Bank Q2 Results: Net profit at Rs 223 cr
South Indian Bank (SIB) on Thursday reported a net profit of Rs 223.10 crore for the quarter ended September 2022 as provisions for bad loans came down significantly. The lender had posted a net loss of Rs 187.06 crore in the same quarter a year ago. Total income during July-September 2022-23 was up 10.6 per [...]
Colgate Palmolive Q2 Results: Net profit rises 3.3%; sales up 2.56%
FMCG major Colgate-Palmolive India Ltd on Thursday reported a 3.28 per cent rise in net profit at Rs 278.02 crore for the second quarter ended on September 30, 2022, helped by improved sales momentum. The company had posted a net profit of Rs 269.17 crore in the July-September period a year ago, Colgate-Palmolive India Ltd [...]
Asian Paints Q2 Results: Consolidated net profit rises 33% to Rs 804 cr
Asian Paints on Thursday reported 32.83 per cent rise in consolidated net profit at Rs 803.83 crore for the second quarter ended September 30, 2022 driven by robust sales. The company had posted a net profit of Rs 605.17 crore in the same quarter last fiscal year, Asian Paints said in a regulatory filing. Revenue [...]
Canara Bank Q2 Results: Net profit jumps 89% to Rs 2,525 cr
State-owned Canara Bank on Thursday reported an 89 per cent rise in its net profit to Rs 2,525 crore for the second quarter ended September of this fiscal. The bank had posted a net profit of Rs 1,333 crore in the same period of the previous fiscal. The total income also rose to Rs 24,932.19 [...]
HDFC AMC Q2 Results: PAT rises 6% to Rs 364 crore
HDFC Asset Management Company (AMC) on Wednesday reported a 6 per cent growth in profit after tax (PAT) at Rs 364.1 crore for the July-September quarter of the current financial year. In comparison, the asset management firm had a PAT of Rs 344.5 crore in the same quarter of preceding fiscal, HDFC AMC said in [...]
KP Energy Q2 Results: Consolidated net profit rises over 49%
KP Energy's consolidated net profit rose over 49 per cent to Rs 6.7 crore in the September quarter. The consolidated net profit of the company was Rs 4.49 crore in the year-ago period, according to a BSE filing. The total income of the company rose to Rs 57.85 crore in the quarter under review from [...]
Inox Leisure Q2 Results: Consolidated net loss at Rs 40.37cr, revenue up at Rs 374.12cr
Multiplex chain operator Inox Leisure Ltd on Wednesday reported a narrowing of its consolidated net loss to Rs 40.37 crore for the second quarter that ended on September 30, 2022, helped by rising footfalls at cinema halls. The company had posted a net loss of Rs 87.66 crore in the July-September period a year ago, [...]
Syngene International’s Q2 Results: Consolidated net profit rises to 102 crore
Syngene International on Wednesday reported a 53 per cent rise in consolidated net profit at Rs 102 crore in the second quarter ended September 2022 on the back of higher revenue. The company, which is an integrated research, development and manufacturing services firm, had posted a consolidated net profit of Rs 66.7 crore in the [...]
CG Power Q2 Results: Consolidated net profit falls 11% to Rs 179 cr
CG Power and Industrial Solutions on Wednesday reported 11 per cent decline in consolidated net profit at Rs 178.97 crore for September quarter 2022-23. The company logged a profit of Rs 201.78 crore in the quarter ended September 30, 2021, a BSE filing stated. However, its total income rose to Rs 1,707 crore in the [...]
UltraTech Q2 results: Consolidated net profit falls 42%; Net sales up 16%
Aditya Birla group firm UltraTech Cement Ltd on Wednesday reported a decline of 42.09 per cent in its consolidated net profit at Rs 758.70 crore for the second quarter that ended on September 30, 2022. The company had posted a net profit of Rs 1,310.34 crore in the July-September period a year ago, UltraTech Cement [...]
DB Corp Q2 Results: Consolidated net profit declines 9.3%, Revenue up 20.5%
Media house DB Corp Ltd on Wednesday reported a 9.28 per cent decline in its consolidated net profit to Rs 48.78 crore for the second quarter ended on September 30, 2022. The company had posted a consolidated net profit of Rs 53.77 crore in the July-September quarter a year ago, DB Corp said in a [...]
Porsche India sales rise 37% in Q3
Luxury car maker Porsche India on Wednesday reported about 37 per cent rise in its sales to 193 units for the third quarter of 2022. The company had retailed a total of 141 cars in the third quarter of 2021, according to Porsche India. Retail sales of 193 units during the third quarter helped Porsche [...]
Prestige Estates Q2 Results: Sales bookings rise 66% to Rs 3,511 cr
Realty firm Prestige Estates Projects Ltd's sales bookings rose 66 per cent year-on-year to Rs 3,511 crore in the second quarter of this fiscal on higher demand despite a rise in home loan interest rates. Prestige Group has registered sales of Rs 3,511 crore in the July-September period against Rs 2,111.9 crore in the year-ago [...]
Tax refund boosts ICICI Lombard Q2 net by 32% to Rs 591 cr
Private sector non-life player ICICI Lombard General Insurance on Tuesday reported a 32.2 per cent growth in net profit at Rs 591 crore for the September quarter, boosted by a tax reversal of Rs 128 crore. The ICICI Bank group company said excluding this tax reversal, net income inched up by 3.4 per cent. In [...]
Tata Communications Q2 Results: Consolidated net profit grows 25% to Rs 532 crore
Tata Communications on Tuesday reported a 25 per cent increase in its consolidated net profit at Rs 532.29 crore in the July-September quarter of the current financial year. The company had recorded a net profit of Rs 425.38 crore in the same period a year ago, according to a regulatory filing. Tata Communications' consolidated income [...]
Tata Starbucks opens 1st Reserve store in India
Mumbai, Oct 18 (PTI) Tata Starbucks, which has completed a decade of operations in a checkered manner in terms of profitability and expansion, on Tuesday announced the launch of its first Reserve store here. Tata Starbucks, which currently operates 300 stores across 36 cities in India and is an arm of Tata Consumer Products, has [...]
TV18 Broadcast Q2 Results: Consolidated net profit down 95.5%; revenue up 12.6%
Media firm TV18 Broadcast Ltd on Tuesday reported a 95.55 per cent decline in its consolidated net profit to Rs 10.28 crore for the second quarter ended September 30, 2022. The company had posted a net profit of Rs 231.40 crore for the July-September period of the previous fiscal, TV18 Broadcast said in a regulatory [...]
Polycab India Q2 Results: Consolidated profit up 37% at Rs 270 crore
Wires and cables manufacturer Polycab India (PIL) on Tuesday reported a 36.72 per cent growth in consolidated profit during the September quarter at Rs 270.45 crore. The company's profit stood at Rs 197.80 during the corresponding quarter of 2021-22, it said in a regulatory filing. Revenue from operations of the company during the quarter under [...]
LTTS Q2 Results: Consolidated net profit grows 23% to Rs 282 cr
IT company L&T Technology Services on Tuesday posted a 22.7 per cent growth in consolidated net profit to Rs 282.4 crore for the second quarter ended September 2022. The company had reported a net profit of Rs 230 crore in the same period a year ago. The consolidated revenue from operations of L&T Technology Services [...]
Mercedes Benz India records Rs 441.4 cr PAT in FY23
Luxury carmaker Mercedes-Benz India recorded a profit after tax of Rs 441.4 crore in the fiscal ended March 31, 2022, after two years of losses, according to financial data accessed by business intelligence platform Tofler. The company, which is not a publicly listed entity, had posted a loss after tax of Rs 107.1 crore and [...]
ACC Q2 Results: Consolidated net loss at Rs 87 cr
Cement maker ACC on Monday reported a consolidated net loss of Rs 87.32 crore for the quarter ended September 30, 2022. The company, which follows January-December financial year, had posted a profit of Rs 450.21 crore in the same quarter a year ago, ACC said in a BSE filing. Total revenue from operations during the [...]
Oriental Hotels Q2 Results: Consolidated net profit at Rs 11.05 crore
Oriental Hotels Ltd on Monday reported a consolidated net profit of Rs 11.05 crore for the second quarter ended September 30. The company, a part of the Taj group of hotels, had posted a consolidated net loss of Rs 4.63 crore in the same quarter last fiscal, Oriental Hotels said in a regulatory filing. Consolidated [...]
L&T Infotech Q2 Results: Consolidated net profit up 23% to Rs 680 cr
IT company Larsen and Toubro Infotech on Saturday posted an about 23 per cent increase in its consolidated net profit at Rs 679.8 crore for the quarter ended September 2022. The company had registered a net profit of Rs 551.7 crore in the same period a year ago. The consolidated revenue from operations of Larsen [...]
RIIL Q2 Results: Net Profit drops 11.4%
Reliance Industrial Infrastructure Ltd (RIIL) on Saturday reported an 11.4 per cent drop in the second quarter net profit on flattish revenue. Net profit of Rs 2.26 crore in July-September was 11.4 per cent lower than Rs 2.55 crore net profit in the same period last year, the company said in a statement. The profit [...]
Alok Industries Q2 Results: Consolidated net loss widens to Rs 191.50 cr
Integrated textile company Alok Industries on Saturday reported a widening of its consolidated net loss to Rs 191.50 crore for the second quarter that ended on September 30, 2022. The company, which was acquired by Reliance Industries along with JM Financial Asset Reconstruction through NCLT-monitored insolvency proceedings last year, had reported a net loss of [...]
ICICI Prudential Life Q2 Results: Net profit declines 55% to Rs 199 cr
ICICI Prudential Life Insurance Company (ICICI Pru) on Saturday reported over 55 per cent dip in its net profit to Rs 199 crore in the quarter ended in September 2022 due to lower income. The company's net profit in the quarter ended in September 2021 was at Rs 445 crore. The net premium earned by [...]
Oberoi Realty Q2 Results: Consolidated net profit rises 20%
Oberoi Realty Ltd on Friday reported a 20 per cent increase in its consolidated net profit at Rs 318.62 crore for the quarter ended September. Its net profit stood at Rs 266.59 crore in the year-ago period, according to a regulatory filing. Total income, however, declined to Rs 711.79 crore in the second quarter of [...]
HDFC Bank Q2 Results: Consolidated net profit jumps 22.30%
HDFC Bank on Saturday reported a 22.30 per cent jump in its consolidated net profit for the September quarter at Rs 11,125.21 crore. The city-headquartered lender had reported a consolidated net profit of Rs 9,096.19 crore in the year-ago period. On a standalone basis, the largest private sector bank's net profit rose by over 20 [...]
Bajaj Auto Q2 Results: Consolidated net profit falls 16% as exports slip
Bajaj Auto on Friday reported a 16 per cent decline in its consolidated net profit to Rs 1,719 crore for the September quarter, hit by a 25 per cent dip in overseas shipments. The Pune-based company had posted a consolidated net profit of Rs 2,040 crore in the July-September quarter of the previous fiscal. Total [...]
Shree Cement Q2 Results: Consolidated net profit falls 67.5%
Shree Cement Ltd on Friday reported a 67.5 per cent decline in consolidated net profit to Rs 183.24 crore in the second quarter ended September 2022, impacted by higher power and fuel cost. The company, which had posted a consolidated net profit of Rs 563.94 crore in the same quarter last fiscal, also said its [...]
Federal Bank Q2 Results: Standalone net profit jumps 52.89%
Private sector lender Federal Bank on Friday reported a 52.89 per cent jump in its standalone net profit for the quarter ended September 2022 at Rs 703.71 crore, aided by fall in provisions for bad loans. The south-based lender had posted a net profit of Rs 460.26 crore in the year-ago period. Total income of [...]
Mindtree Q2 Results: Consolidated net profit up 27.5% to Rs 508.7 cr
IT company Mindtree on Thursday reported a 27.5 per cent year-on-year rise in its consolidated net profit to Rs 508.7 crore for the September quarter. Seen sequentially, the net profit was about 8 per cent higher than June quarter. The Q2 revenue came in at about Rs 3,400.4 crore, growing 8.9 per cent over the [...]
Adani Wilmar expects Q2 revenue growth in low single digit amid fall in edible oil rates
Edible oil major Adani Wilmar on Wednesday said the company's overall revenue in the July-September quarter will annually grow by low single-digit amid a fall in rates of edible oils. Adani Wilmar markets its edible oils and other food items under the Fortune brand. In a regulatory filing, the company shared a preliminary update on [...]
Twin blows: Inflation rises to 7.4%, factory output shrinks
In twin blows to Indian economic revival, higher food prices drove retail inflation to a five-month high of 7.4 per cent while factory output fell for the first time in 18 months. The second consecutive month of rise in consumer price index (CPI)-based inflation will add to the pressure on the Reserve Bank of India [...]
HCL Tech Q2 Results: Consolidated net profit up 7% at Rs 3,489 cr
IT services company HCL Technologies on Wednesday posted a 7 per cent year-on-year rise in consolidated net profit to Rs 3,489 crore for the September quarter and raised the full-year revenue guidance. The net profit stood at Rs 3,259 crore in the year-ago period. The revenue for the three months ended September 30, 2022, came [...]
Wipro Q2 Results: Net profit drops 9.3% to Rs 2,659 cr, Revenue increases 14% YoY
IT services major Wipro Ltd on Wednesday reported a 9.3 per cent drop in its September quarter net profit, weighed down by rising staff expenses and lower non-US earnings. Profit attributable to equity shareholders of the company was 9.3 per cent lower at Rs 2,659 crore, the company said in a statement. The company had [...]
Markets settle lower amid negative global cues; RIL, HDFC twins top drags
Equity indices chalked up losses for the second straight session on Monday, in tandem with a bearish trend overseas as ratcheting up of hostilities in Ukraine and prospects of further rate hikes by the US Fed soured global risk sentiment. The rupee slipping to another all-time low against the US dollar amid foreign fund outflows [...]
Equitas SFB gross advances up 20% at Rs 22,802 cr at Sep qtr end
Equitas Small Finance Bank on Friday said its gross advances grew by 20 per cent to Rs 22,802 crore at end of September 2022 quarter. The Bank's gross advances in the year-ago period of September 2021 stood at Rs 18,978 crore. During the second quarter ended September 2022-23, the Bank's disbursements were up by 22 [...]
Audi India retail sales up 29% in Jan-Sep period
German luxury carmaker Audi on Friday reported a 29 per cent growth in retail sales at 2,947 units in the January-September period of this year in India. Audi India had retailed 2,291 units in the same period last year. The growth was driven by the new A8 and Q7, coupled with continued demand for the e-tron [...]
Bajaj Auto reports 2% dip in total sales in September
Bajaj Auto on Monday reported 2 per cent dip in total sales at 3,94,747 units for September 2022 as compared to the year-ago period. In September last year, the company clocked sales of 4,02,021 vehicles. Total two-wheeler sales last month declined 4 per cent to 3,48,355 units from 3,61,036 units in the same month last [...]
KEC International bags new orders worth over Rs 1,100 cr
KEC International, a global infrastructure engineering, procurement and construction major, on Wednesday said it has bagged new orders totaling over Rs 1,100 crore in various business segments. The company said its transmission & distribution (T&D) business has secured orders for building a 400 kV digital GIS substation order from Power Grid Corporation of India Limited [...]
Tata Motors expects 20% of domestic passenger vehicle sales to come from EVs in three years
Tata Motors expects 20 per of its total passenger vehicle sales in the domestic market to come from electric vehicles in the next three years, a senior company official said on Thursday. The company, which has electric models such as Nexon EV and Tigor EV, expects to touch 50,000 units mark in total EV sales [...]
Future Enterprises Q4 net loss widens to Rs 2,296 crore, revenue dips 13%
Future Enterprises on Wednesday said its consolidated net loss widened to Rs 2,295.90 crore in the fourth quarter ended March 2022 due to factors including failure of the deal with Reliance, attrition of employees and litigations. The company had posted a consolidated net loss of Rs 281.76 crore in the January-March quarter a year ago, [...]
Byju’s FY22 revenue jumps over 4-fold to Rs 10,000 crore; loss widens to Rs 4,588 crore in FY21
Edtech major Think & Learn, which operates under Byju's brand name, on Wednesday said its gross revenue jumped over four-fold to Rs 10,000 crore in FY22, while its losses in FY21 widened to Rs 4,588 crore. The company had registered a revenue of Rs 2,428 crore in FY21. Byju's losses widened to Rs 4,588 crore [...]
Kellogg India FY22 revenue from operations up 14% to Rs 1,332 cr
Breakfast cereal producer Kellogg India's revenue from operation was up 14.12 per cent in 2021-22 to Rs 1,332 crore as compared to the previous year. Its profit after tax in FY22 jumped 42.94 per cent to Rs 102.51 crore as against Rs 71.71 crore a year ago, as per the data provided by business intelligence platform [...]
Voltas sells 1.4 mn units of ACs in Jan-Aug this year; to expand retail footprint further
Helped by an increase in demand for cooling products due to intense summer this year, Tata group firm Voltas has sold around 1.4 million units of residential air conditioners till August this year. Voltas crossed this one-million-plus sales mark for the seventh consecutive year in a row, the company said a statement. The company sold [...]
IEX total trade volume dips 18% to 7,805 mn units in Aug
The total trade volume of Indian Energy Exchange (IEX) registered an 18 per cent annual decline in August to 7,805 MU (million units). The total trade volume in August 2021 was at 9,538 MU, an IEX statement said. However, on a month-on-month basis, IEX registered a 9 per cent growth in August. In July 2021, [...]
P&G Hygiene and Health Q4 Results: Profit after tax dips 13.12% to Rs 42.55 cr
FMCG products maker Procter & Gamble Hygiene and Health Care Ltd on Tuesday reported a 13.12 per cent decline in Profit After Tax (PAT) at Rs 42.55 crore during the fourth quarter ended June 30, on account of rising commodity costs. The company, which follows July-June financial year, had reported a PAT of Rs 48.98 [...]
Hindustan Copper Q1 Results: Consolidated net profit rises 25%
State-owned Hindustan Copper Ltd on Saturday posted a 25 per cent rise in consolidated net profit to Rs 57.08 crore for the quarter ended on June 30, 2022 on the back of higher income. The company had posted a consolidated net profit of Rs 45.63 crore in the year-ago period, Hindustan Copper said in a [...]
Coffee Day Enterprises Q1 Results: Net loss narrows to Rs 18 cr; revenue from operations at Rs 210.5 cr
Coffee Day Enterprises Ltd has reported narrowing of its consolidated net loss to Rs 18 crore for the quarter ended June 30, 2022. The company had posted a net loss of Rs 117.28 crore in the April-June period a year ago, Coffee Day Enterprises Ltd (CDEL) said in a BSE filing on Friday night. CDEL's [...]
Reliance Infra Q1 Results: Consolidated net loss narrows to Rs 66.11 cr
Reliance Infrastructure (RInfra) on Saturday reported a narrowing of its consolidated net loss to Rs 66.11 crore for the quarter ended on June 30, 2022. The company had clocked a consolidated net loss of Rs 95.15 crore in the corresponding period of the previous fiscal, it said in a regulatory filing to the BSE. Its total [...]
HGS Q1 Results: Consolidated net profit at Rs 73.2 cr; says strong demand for ‘customer experience’ biz
Business process management firm Hinduja Global Solutions on Friday posted a consolidated net profit from continuing operations at Rs 73.26 crore for the quarter ended on June 30, 2022, according to a company statement. Seen on a `like-to-like basis', the profit from continuing operations stood at Rs 7.5 crore in the same period the previous [...]
LIC Q1 Results: Net profit jumps to Rs 683 crore on record policy sales
Driven by a record premium income, Life Insurance Corporation in its maiden earnings after going public has reported a multi-fold jump in net profit at Rs 682.89 crore from the paltry Rs 2.94 crore a year ago. The nation's largest financial powerhouse that manages assets in excess of Rs 41 lakh crore had gone public [...]
Godrej Industries Q1 Results: Consolidated net profit up 38%
Godrej Industries on Friday reported 38 per cent rise in consolidated net profit at Rs 257.60 crore for the quarter ended June 30, 2022. The company had posted a net profit of Rs 185.99 crore for April-June period a year ago, Godrej Industries said in a BSE filing. Revenue from operations was Rs 4,024.55 crore [...]
Muthoot Finance Q1 Results: Consolidated net profit drops 16%
Muthoot Finance reported a 16 per cent decline in consolidated net profit to Rs 825 crore in the June quarter due to lower yields on low-interest rate teaser loans. Total income during the April-June quarter of 2022-23 fell by 5 per cent to Rs 2,804 crore as against Rs 2,963 crore in the same period [...]
NLC India Q1 Results: Consolidated profit rises 59%
NLC India Ltd on Friday reported a 59 per cent rise in consolidated profit at Rs 568.83 crore for the quarter ended June on the back of higher income. The company had posted consolidated profit of Rs 357.59 crore in the year-ago period, NLC India said in a regulatory filing. The consolidated revenue from operations [...]
ONGC Q1 Results: Net profit triples to Rs 15k cr on bumper oil, gas prices
India's top oil and gas producer ONGC on Friday reported a tripling of net profit in the June quarter as it earned record prices before the government slapped a tax on windfall profits arising from a global rally in energy rates. Oil and Natural Gas Corporation's (ONGC) standalone net profit at Rs 15,205.85 crore, or [...]
Zee Entertainment Q1 Results: Consolidated net profit down 49%
Zee Entertainment Enterprises Ltd on Friday reported 48.94 per cent fall in consolidated net profit at Rs 106.60 crore for June quarter 2022-23 on account of challenging macroeconomic conditions. The company had reported a net profit of Rs 208.78 crore in April-June period a year ago, Zee Entertainment Enterprises Ltd (ZEEL) said in a BSE [...]
The India Cements Q1 Results: Consolidated net profit rises to 79.98 crore
The India Cements Ltd on Friday reported an 86 per cent increase in consolidated net profit to Rs 79.98 crore for the first quarter ended June. The company had posted a net profit of Rs 43.05 crore during the April-June quarter of the previous fiscal, The India Cements said in a regulatory filing. Its revenue [...]
Apollo Tyres Q1 Results: Consolidated net profit rises 49%
Apollo Tyres Ltd on Friday reported 49.21 per cent increase in consolidated net profit at Rs 190.68 crore for June quarter 2022-23 riding on higher sales. The company, which had posted a net profit of Rs 127.78 crore for the year-ago period, said its board has approved raising Rs 1,000 crore through issuance of non-convertible [...]
Grasim Industries Q1 Results: Consolidated net profit up 13%
Aditya Birla Group firm Grasim Industries Ltd on Friday reported 12.7 per cent increase in consolidated net profit at Rs 2,758.75 crore for the quarter ended June 30, 2022. The company had posted a net profit of Rs 2,447.97 crore for April-June 2021-22, Grasim Industries said in a regulatory filing. Revenue from operations was up [...]
Bajaj Electricals Q1 Results: Consolidated net profit at Rs 41.19 cr
Bajaj Electricals Ltd on Friday reported a consolidated net profit of Rs 41.19 crore for the first quarter ended June 30. The company had posted a net loss of Rs 24.97 crore during the April-June quarter of the previous fiscal, Bajaj Electricals said in a regulatory filing. Its net sales rose 42.25 per cent to [...]
Aster DM Healthcare Q1 Results: Consolidated net profit rises 34%
Aster DM Healthcare on Friday reported a 33.84 per cent rise in consolidated net profit at Rs 79.77 crore for the first quarter ended June 30, on the back of higher revenue from the hospitals and retail pharmacies segment. The company had posted a consolidated net profit of Rs 59.6 crore in the same period [...]
Apollo Hospitals Q1 Results: Consolidated net profit falls 35%
Healthcare chain Apollo Hospitals Enterprise on Thursday reported a 35.33 per cent decline in consolidated net profit at Rs 323.78 crore in the first quarter of FY23 amid higher expenses and marginal revenue growth. The company had posted a consolidated net profit of Rs 500.68 crore in the same period last fiscal, Apollo Hospitals Enterprise [...]
Page Industries Q1 Results: Net profit rises multi fold to Rs 207 cr; revenue at Rs 1,341 cr
Apparel manufacturer Page Industries Ltd on Thursday reported a multi-fold increase in its net profit at Rs 207.03 crore for the quarter ended June 2022. The company had posted a net profit of Rs 10.94 crore during the April-June period a year ago, Page Industries Ltd (PIL) said in a BSE filing. Its revenue from [...]
Oil India Q1 Results: Net profit triples on oil, gas price boost
Oil India Ltd (OIL), the nation's second-largest state explorer, reported a tripling of its net profit in the June quarter on record oil and gas price realisation. Its net profit was Rs 1,555.46 crore, or Rs 14.34 per share, in April-June compared to Rs 507.94 crore, or Rs 4.68 a share, in the same period [...]
Bharat Forge Q1 Results: Consolidated net profit at Rs 160.37 crore
Auto components maker Bharat Forge Ltd on Thursday reported a consolidated net profit of Rs 160.37 crore for the first quarter ended June 30. The company had posted a consolidated net profit of Rs 152.75 crore in the same quarter last fiscal, Bharat Forge said in a regulatory filing. Its consolidated revenue from operations during [...]
PB Fintech Q1 Results: Consolidated loss widens to Rs 204 crore
PB Fintech, the parent firm of online insurance broker Policybazaar, on Wednesday reported a widening of consolidated loss to Rs 204.33 crore in the first quarter ended June 30, 2022, according to a BSE filing. The company had posted a loss of Rs 110.84 crore in the same period a year ago. The consolidated revenue [...]
Suzlon Net jumps multi fold to Rs 2432 cr in June quarter
Suzlon Energy posted a multi-fold rise in its net profit to Rs 2,432.55 crore in the June quarter compared to the year-ago period, helped by exceptional gains. The consolidated net profit of the company was Rs 3.64 crore in the quarter ended June 30, 2021, a BSE filing said. Total income of the company rose [...]
Coal India Q1 Results: Consolidated net profit almost triples to Rs 8,833 cr
Coal India Ltd on Wednesday reported almost three-fold rise in consolidated net profit at Rs 8,832.86 crore for June quarter 2022-23 on the back of higher sales. The company had posted a net profit of Rs 3,169.86 crore in the year-ago period, Coal India Ltd (CIL) said in a filing to BSE. Revenue from operations [...]
Indiabulls Housing Finance Q1 Results: Profit after tax up 1.8%
Mortgage financier Indiabulls Housing Finance on Wednesday reported a marginal 1.8 per cent rise in its profit after tax (PAT) to Rs 287 crore for the April-June quarter due to lower net interest income (NII). The lender had reported a profit after tax of Rs 282 crore in the same quarter of the previous fiscal. [...]
Pidilite Industries Q1 Results: Consolidated net profit up 64% to Rs 358 cr
Pidilite Industries on Wednesday reported 64.27 per cent rise in consolidated net profit at Rs 357.52 crore for June quarter 2022-23, led by growth in sales and volume. The company which manufactures adhesives, sealants and construction chemicals had logged a profit of Rs 217.64 crore in April-June period a year ago. Revenue from operations was [...]
Max Healthcare Q1 Results: Consolidated net profit up 12% at Rs 229 cr
Max Healthcare on Wednesday said its consolidated net profit increased by 12 per cent to Rs 229 crore for the June quarter driven by annual price revision and normalisation of patient footfalls. The healthcare provider had reported a net profit of Rs 205 crore in the June quarter of last fiscal. Net revenue during the [...]
Reliance Capital Q1 Results: Consolidated net loss at Rs 491 cr
Reliance Capital on Tuesday reported a narrowing of its consolidated net losses to Rs 491.40 crore in the quarter ended June 2022. The company which is undergoing an insolvency process had reported a net loss of Rs 1,006 crore in the year-ago quarter ended June 2021. Reliance Capital had reported losses of Rs 4,249.20 crore [...]
Tata Tele loss narrows to Rs 295 crore in April-June
Loss-making telecom operator Tata Teleservices(Maharashtra) on Tuesday reported narrowing of loss to Rs 295.1 crore in the first quarter of the current financial year. The company had posted a loss of Rs 318.45 crore in the same period a year ago. Revenue from operations of Tata Teleservices (Maharashtra) Limited (TTML) declined marginally to Rs 266.48 [...]
Shree Renuka Sugars Q1 Results: Consolidated loss narrows to Rs 114 crore
Shree Renuka Sugars, a subsidiary of Wilmar Sugar Holdings Pte Ltd Singapore, on Tuesday reported narrowing of its consolidated loss to Rs 113.9 crore during the quarter ending June. The company had posted a loss of Rs 241 crore during the corresponding quarter of the previous financial year, Shree Renuka Sugars said in a regulatory [...]
Dish TV Q1 Results: Consolidated net profit falls 64%; revenue down 17%
Direct-to-home firm Dish TV India on Tuesday reported a 63.67 per cent decline in consolidated net profit at Rs 17.85 crore in the April-June quarter of FY 23, citing impact of inflation on subscribers. The company had reported a net profit of Rs 49.14 crore in the same quarter a year ago, Dish TV said [...]
Indraprastha Gas Ltd Q1 Results: Net profit up 72%
Indraprastha Gas Ltd, the firm that retails CNG and piped cooking gas in the national capital, on Tuesday reported a 72 per cent rise in the June quarter net profit on the back of a rise in sales volume. Net profit of Rs 420.86 crore in April-June compared with Rs 244.29 crore in the corresponding [...]
ABB India net profit more than doubles to Rs 147 cr in Jun qtr
ABB India on Tuesday said its net profit more than doubled to Rs 147 crore in the June quarter, mainly on the back of higher revenues. The company had reported a profit of Rs 68 crore in the quarter ended June 30, 2021, according to a company statement. Its total revenues rose to Rs 2,053 [...]
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