Search result for 'june quarter'

Cement Industry Consolidation: Report Predicts Further Growth

September 9, 2024 18:01

Indian cement industry expected to see further consolidation in the near-to-medium term, driven by aggressive capacity expansion and increased competition. Report highlights growth in demand and...

Vodafone Idea's Capital Raise Unlikely to Stop Market Share Erosion: Goldman Sachs

September 6, 2024 17:07

Goldman Sachs predicts Vodafone Idea's recent capital raise won't prevent market share decline, citing continued capex challenges and large AGR payments. The brokerage expects another 300 bps share...

Brigade Enterprises Raises Rs 1,500 Cr via QIP

September 6, 2024 09:45

Brigade Enterprises has raised Rs 1,500 crore through a qualified institutional placement (QIP) to expand its business. The company allotted 1,30,43,478 equity shares at Rs 1,150 per share.

McDonald's India Launches Multi-Millet Burgers with CSIR-CFTRI

September 4, 2024 14:23

McDonald's India partners with CSIR-CFTRI to offer burgers with multi-millet buns, promoting nutrition and sourcing directly from farmers. Learn more about this innovative collaboration.

WestBridge Capital Sells 1.5% Stake in AU Small Finance Bank for Rs 736 Crore

September 3, 2024 19:37

WestBridge Capital has divested a 1.5% stake in AU Small Finance Bank for Rs 736 crore through open market transactions. The deal was executed through WestBridge AIF I, an affiliate of WestBridge...

Rupee Falls to 83.95 Against US Dollar - News

September 3, 2024 09:42

The Indian rupee declined 4 paise to 83.95 against the US dollar on Tuesday, driven by a stronger greenback and weak domestic manufacturing data. Read more.

Brigade Enterprises Raises Rs 1,500 Crore Through QIP

September 3, 2024 09:28

Brigade Enterprises, a leading real estate developer, launched a Qualified Institutional Placement (QIP) issue to raise up to Rs 1,500 crore for business expansion.

Aartech Solonics Net Profit Jumps 60% in June Quarter

September 2, 2024 19:14

Aartech Solonics, a research & development enterprise, reported a 60% increase in net profit to Rs 1.12 crore in the June quarter. The company's net sales also rose by nearly 5%.

India Manufacturing Growth Slows in August: PMI

September 2, 2024 11:20

India's manufacturing sector growth moderated in August, with output and sales rising at the slowest rates since January. The HSBC India Manufacturing PMI stood at 57.5, signaling continued...

Real Estate Boom: Indian Developers Sell Rs 35k Cr in Q1 FY25

September 1, 2024 15:51

India's top 21 listed real estate developers reported combined sales of Rs 35,000 crore in Q1 FY25, led by Godrej Properties. Strong consumer demand and a shift towards established brands drove the...

India's GDP Growth Slows to 15-Month Low: RBI Guv

August 31, 2024 15:10

India's GDP growth slowed to 6.7% in Q1 FY24 due to lower government spending, according to RBI Governor Shaktikanta Das. He attributed the slowdown to the model code of conduct during the Lok...

India House Price Index Moderates to 3.3% in Q1 FY25 - RBI Data

August 30, 2024 19:08

The all-India House Price Index (HPI) moderated to 3.3% in Q1 FY25, according to RBI data. Nine out of ten major cities saw a rise in house prices during the quarter.

Welspun Living Shares Drop After Family Trust Stake Sale

August 29, 2024 23:06

Balkrishan Goenka's family trust sold a 3.9% stake in Welspun Living for Rs 781 crore, leading to a 5.05% drop in the company's shares. The sale was conducted through an open market transaction.

Gillette India Q1 Profit Soars 26.4% to Rs 116 cr

August 29, 2024 19:05

Gillette India's Q1 profit after tax (PAT) jumped 26.4% to Rs 115.97 crore, driven by strong sales growth and a robust portfolio. Revenue also increased 4.17% to Rs 645.33 crore.

Square Yards Q1 Gross Profit Up 66% to Rs 25 Cr

August 28, 2024 19:44

Square Yards, a real estate brokerage firm, reported a 66% increase in gross profit to Rs 25 crore in the June quarter of FY25, driven by higher income. Revenue also rose 52% to Rs 261 crore.

P&G Hygiene Profit Down 46% in June Quarter | Rs 81 cr

August 28, 2024 19:36

Procter & Gamble Hygiene and Health Care Ltd (PGHH) reported a 46.40% decline in profit after tax at Rs 81.06 crore for June quarter 2024 due to increased spending. Revenue from operations was at...

Emami Targets Double-Digit Growth in FY25, Explores Acquisitions

August 28, 2024 12:31

Emami aims for double-digit growth in FY25, exploring inorganic opportunities to enter new product categories. The company is optimistic about future growth, driven by a favorable economic...

Fincare Business Sells AU SFB Stake for Rs 803 Cr

August 26, 2024 19:45

Fincare Business Services sold a 1.7% stake in AU Small Finance Bank to investors like DSP Mutual Fund, Morgan Stanley and Societe Generale for Rs 803 crore.

India's GDP Growth to Slow to 7.1% in June Quarter: SBI

August 26, 2024 18:45

SBI economists predict India's GDP growth to slow to 7.1% in the June quarter, citing softer manufacturing and lower government spending. They also see a space for monetary policy easing.

Housing Prices Rise 12% in Q2, NCR Leads with 30% Growth

August 26, 2024 17:04

Average housing prices in 8 major cities rose 12% annually in Q2 2024, with Delhi-NCR witnessing the highest growth of 30%. CREDAI, Colliers and Liases Foras report highlights the positive...

Goodveda Raises USD 1 Million for Growth: D2C Ayurveda Brand

August 24, 2024 17:45

Goodveda, a D2C Ayurveda brand, plans to raise USD 1 million to fuel its expansion plans. The company is experiencing significant growth driven by rising demand for healthy and convenient Ayurvedic...

FMCG Distributors Raise Concerns Over Quick Commerce Growth

August 24, 2024 16:34

FMCG distributors have expressed concerns over the rapid growth of quick commerce platforms like Blinkit, Zepto, and Instamart, claiming it threatens traditional retail and distribution networks....

Nykaa Shareholder Sells 1.43% Stake for Rs 851 Cr

August 23, 2024 21:10

A public shareholder of Nykaa, FSN E-Commerce Ventures Ltd, offloaded a 1.43% stake for Rs 851 crore. Harindarpal Singh Banga, a commodities billionaire, sold over 4 crore shares at Rs 208.30 apiece.

Adani Group Sells Ambuja Cements Stake for Rs 4,250 cr

August 23, 2024 19:59

Adani Group promoter offloads 2.8% stake in Ambuja Cements to GQG Partners and other investors for Rs 4,250 crore, reducing promoter holding to 48.1%.

Noida & Gr Noida Housing Registrations Up 29% in Q2: Report

August 23, 2024 17:12

Residential property registrations in Noida and Greater Noida surged 29% in Q2 2024, reaching 8,212 units. Sales value also saw a significant rise, indicating a strong real estate market.

Mumbai & Delhi Top Housing Price Rise Globally: Knight Frank Report

August 23, 2024 16:43

Mumbai and Delhi rank 2nd and 3rd globally for annual housing price rise in the June quarter, according to Knight Frank. Manila leads with 26% growth, while Bengaluru sees a 3.7% increase.

M3M India Sales Surge 37% to Rs 3,911 Crore in Q1

August 23, 2024 16:08

M3M India reports a 37% rise in property sales for Q1 FY25, reaching Rs 3,911 crore, driven by strong demand. Residential sales accounted for Rs 2,972 crore, while commercial sales reached Rs 940...

Adani to Sell 3% in Ambuja Cement for $500 Mn

August 22, 2024 20:28

Adani group promoters to sell 3% stake in Ambuja Cement for $500 mn as part of holdings adjustment. The move aims to maintain desired stake levels across the conglomerate and provide strategic...

Dish TV Fined by BSE, NSE for Lack of Board Strength

August 22, 2024 18:59

Dish TV has been fined Rs 12.74 lakh by BSE and NSE for failing to meet quorum requirements on its board. The company cited non-approval of director appointments by shareholders as the reason for...

Macrotech Developers to Launch Rs 11,980cr Properties Amid Strong Demand

August 22, 2024 15:20

Macrotech Developers, known for its Lodha brand, plans to launch Rs 11,980 crore worth of properties by March 2025, capitalizing on strong housing demand. The company saw a 20% growth in sale...

India's GDP Growth to Moderate to 6% in Q1 FY25: ICRA

August 22, 2024 12:54

ICRA projects India's GDP growth to slow to 6% in Q1 FY25, citing weak government spending and urban consumer demand. The agency expects full-year growth at 6.8%.

Nexus Ventures Sells 1.06% Delhivery Stake for Rs 344 Cr

August 21, 2024 20:53

Nexus Ventures Partners sold a 1.06% stake in Delhivery for over Rs 344 crore through an open market transaction. The shares were sold at an average price of Rs 440 apiece.

NBFC Asset Growth to Moderate in FY25, NPAs Likely to Rise: Icra

August 21, 2024 17:50

Icra Ratings forecasts a slowdown in NBFC asset growth in FY25, with NPAs expected to rise due to factors including regulatory measures and concerns over unsecured and top-up loans. The sector...

Hero MotoCorp Expands Scooter Range, Boosts Xtreme 125R Production

August 21, 2024 16:17

Hero MotoCorp plans to expand its scooter range, including both petrol and electric models, and increase production of the Xtreme 125R bike to meet rising demand.

Keystone Realtors to Invest Rs 900 Cr in Housing Projects | PTI

August 21, 2024 10:50

Keystone Realtors, the developer behind Rustomjee, plans to invest Rs 800-900 crore on construction this fiscal, aiming for a 32% growth in sales bookings. The company reports strong demand and a...

HG Infra Engg Promoters Sell Shares Worth Rs 281 Crore

August 20, 2024 22:36

Promoters of HG Infra Engineering sold 17,96,154 shares worth Rs 281 crore via open market transactions. Aditya Birla Sun Life MF and Societe Generale acquired stakes.

Bank Net Interest Margins Narrow in Q1: Rising Deposit Costs

August 20, 2024 20:34

Rising deposit costs have led to a narrowing of bank net interest margins (NIMs) in Q1, with private sector banks seeing the most impact. CareEdge Ratings report analyzes the trends.

REITs Distribute Rs 1,371 Cr to Unitholders in Q1 FY24

August 20, 2024 14:49

Four listed REITs in India distributed over Rs 1,371 crore to unitholders in the June quarter, marking a significant milestone in the REIT market. Learn more about the distribution and the key...

Hindustan Zinc Declares Rs 8,028 Cr Interim Dividend

August 20, 2024 14:04

Hindustan Zinc Ltd has announced a second interim dividend of Rs 19 per share, totaling Rs 8,028.11 crore for FY25. The company reported a 19.3% rise in net profit for the June quarter.

Vedanta Raises Rs 3,200 Cr from HZL OFS

August 19, 2024 21:20

Vedanta Limited raises Rs 3,200 crore from the offer for sale (OFS) of Hindustan Zinc Ltd, utilizing the funds for deleveraging and growth projects. The OFS received strong response from retail and...

Keystone Realtors Targets 32% Sales Growth in FY24

August 19, 2024 14:39

Keystone Realtors, known for its Rustomjee brand, aims for 32% growth in housing sales this fiscal year, reaching Rs 3,000 crore. The company is confident of exceeding this target due to strong...

Adani Group EBITDA Surges 33% in Q1, Leverage at Multi-Year Low

August 19, 2024 13:34

Adani Group reports a 33% surge in EBITDA for the June quarter, driven by strong infrastructure performance and emerging businesses. Leverage reaches a multi-year low.

FMCG Volume Growth: Rural Demand & E-commerce Drive

August 18, 2024 14:28

FMCG companies report sustained volume growth fueled by rural demand recovery and e-commerce boom, despite concerns over rising food inflation.

India's US Securities Holding Hits Record High of USD 241.9 Billion in June

August 18, 2024 11:22

India's holding of US government securities reached a record high of USD 241.9 billion in June, marking the third consecutive month of increased exposure. This puts India at the 12th position among...

Bata expects consumption revival, e-commerce to drive growth

August 18, 2024 11:10

Bata India's MD & CEO Gunjan Shah expects consumption to revive in coming quarters, driven by festive season demand and e-commerce growth.

Hindustan Zinc OFS Oversubscribed 1.23 Times on Day 1

August 16, 2024 21:06

Vedanta's Hindustan Zinc OFS saw strong demand on Day 1, with non-retail investors bidding for 6.3 crore shares, exceeding the offer size by 1.23 times.

India Unemployment Rate Steady at 6.6% in Q2 FY24: NSSO Survey

August 16, 2024 19:45

India's unemployment rate for urban areas aged 15+ remained unchanged at 6.6% in the April-June quarter, according to the National Sample Survey Office (NSSO). Learn more about the latest...

Freo Targets 25-30% Revenue Growth, Focuses on Profitability

August 16, 2024 12:50

Digital banking platform Freo aims for 25-30% revenue growth in FY24, prioritizing profitability. The company has been profitable since December 2023 and expects to continue this trend. Freo's...

Ola Electric Shares Surge 16% on Motorcycle Launch & Revenue Jump

August 16, 2024 11:14

Ola Electric Mobility shares skyrocketed after the company announced its entry into the electric motorcycle market with three new models and plans for two more. Revenue also surged in the...

Hindustan Zinc to Pay Rs 8,000 Cr Special Dividend

August 15, 2024 16:12

Hindustan Zinc plans to pay a special dividend of Rs 8,000 crore to shareholders, with the government set to receive Rs 2,400 crore. This follows the NCLT's approval to transfer reserves to...

Signature Global Expands to Delhi, Noida: Realty Firm Eyes New Markets

August 15, 2024 10:18

Signature Global, a leading Gurugram-based realty firm, plans to enter Delhi, Noida and Greater Noida with new housing projects. The company aims to capture significant market share in these new...

AC Makers Profit Soar Amid Heatwave: Voltas, Blue Star Lead

August 15, 2024 09:31

Air conditioner manufacturers saw record profits in April-June due to blistering heat, with companies like Voltas, Blue Star, and Havells reporting significant revenue growth.

Ola Electric Widens Loss, Launches E-Motorcycle on Aug 15

August 14, 2024 22:14

Ola Electric reported a wider loss in Q1 FY25 but saw strong revenue growth. The company is set to launch its electric motorcycle portfolio on August 15th, targeting the growing EV market.

Vedanta to Sell 3.31% Stake in Hindustan Zinc via OFS

August 14, 2024 21:29

Vedanta to offload up to 3.31% stake in Hindustan Zinc through an offer for sale (OFS) at a floor price of Rs 486 per share, representing a 15% discount to Wednesday's close. The OFS will open on...

Glenmark Pharma Q1 Profit Soars 2x to Rs 340 Cr | Business News

August 14, 2024 19:02

Glenmark Pharmaceuticals reported a two-fold increase in net profit to Rs 340 crore for Q1 FY24, driven by strong revenue growth and improved margins.

Reliance Power Narrowed Loss to Rs 98 cr in June Quarter

August 14, 2024 18:27

Reliance Power's consolidated loss narrowed to Rs 97.85 crore in the June 2024 quarter, driven by improved income. The company's revenue rose to Rs 2,069.18 crore compared to Rs 1,951.23 crore in...

Hotel RevPAR Up 4.8% in Q2: JLL Report

August 14, 2024 18:11

India's hospitality sector saw a 4.8% rise in RevPAR in Q2 2024, driven by ADR growth. Hyderabad led with 11.9% growth, followed by Delhi and Bengaluru. JLL's HMI report highlights strong industry...

Ola Electric's Losses Widen to Rs 347 Cr in Q1 FY24

August 14, 2024 17:48

Ola Electric Mobility reported a higher consolidated loss of Rs 347 crore in the April-June quarter, despite an increase in revenue and vehicle deliveries. The company is aiming to achieve EBITDA...

SpiceJet Q1 Profit Down 27% to Rs 150 Crore | QIP Fundraise

August 14, 2024 17:27

SpiceJet's standalone profit fell 27% to Rs 149.96 crore in Q1 FY24. The airline is raising Rs 3,000 crore through QIP to expand its fleet and operations.

Vedanta to Offload 3.31% Stake in Hindustan Zinc via OFS

August 14, 2024 17:23

Vedanta raises the offer-for-sale size of Hindustan Zinc, now aiming to offload 3.31% stake, representing 14 crore shares. The move is expected to fetch Vedanta Rs 8,021 crore.

EFC (I) Net Profit Soars 5x to Rs 16 Cr in June Quarter

August 14, 2024 16:08

Coworking firm EFC (I) Ltd saw its net profit jump to Rs 15.77 crore in the June 2024 quarter, driven by increased revenue. The company's total income rose to Rs 105.28 crore, attributed to...

Allcargo Logistics Profit Plunges 97% in June Quarter

August 14, 2024 15:45

Allcargo Logistics' standalone net profit plummeted 97% to Rs 3.36 crore in the June 2024 quarter, despite a 46% rise in revenue. Learn more about the company's performance and outlook.

Salasar Techno Engineering Profit Rises in June Quarter

August 14, 2024 15:39

Salasar Techno Engineering Ltd reported a 3.5% increase in net profit to Rs 10.49 crore in the June quarter, driven by higher income. Read more.

Black Box Q1 Profit Up 55%, Revenue Down - Business News

August 14, 2024 15:22

Black Box reported a 55% rise in Q1 profit to Rs 37.09 crore, despite a decline in revenue. The company attributed the profit growth to strong focus on productivity and deal margins.

P C Jeweller Reports Rs 156 Cr Profit in June Quarter

August 14, 2024 15:16

P C Jeweller Ltd posted a net profit of Rs 156.06 crore in the June quarter, with revenue jumping over 5-fold to Rs 439.78 crore. The company's turnaround quarter saw a significant increase in...

Allcargo Logistics Q1 Profit Plunges 97%: Key Highlights

August 14, 2024 12:32

Allcargo Logistics's net profit in Q1 FY24 fell 97% to Rs 3.36 crore, despite revenue growth. Learn about the factors driving performance and future outlook.

Apollo Hospitals Q1 Net Profit Surges 83% to Rs 305 Cr

August 13, 2024 20:14

Apollo Hospitals''s consolidated profit after tax surged 83% to Rs 305 crore in Q1 FY25, driven by strong performance across business verticals. Revenue also saw a significant increase.

Dish TV Reports Rs 1.56 Cr Net Loss in Q1 FY25

August 13, 2024 20:09

Dish TV India reported a net loss of Rs 1.56 crore for the June quarter, impacted by a decline in subscription revenue. Revenue from operations fell to Rs 455.29 crore from Rs 500.16 crore in the...

Vedanta to Sell 2.6% Stake in Hindustan Zinc via OFS

August 13, 2024 19:58

Vedanta Ltd announces the sale of 2.6% stake in Hindustan Zinc through an offer for sale (OFS). The move aims to reduce refinancing risks and reliance on dividends from Vedanta Resources Ltd.

PTC India Profit Rises 33% to Rs 189 cr in Q1

August 13, 2024 19:31

PTC India reported a 33% increase in net profit to Rs 189 crore in the June quarter, driven by lower expenses. The company's EPS rose to Rs 5.87, while trading volume remained stable.

Vodafone Idea: Govt Stake Sale, Tariff Hikes & 4G Coverage

August 13, 2024 19:19

Vodafone Idea CEO comments on the government's potential stake sale, recent tariff hikes, and the company's 4G network expansion and 5G rollout plans.

SJVN Q1 Net Profit Jumps 31% to Rs 357 cr | Business News

August 13, 2024 18:59

SJVN's consolidated net profit surged 31% to Rs 357.09 crore in Q1 FY24, driven by higher income. The company also approved monetization of Nathpa Jhakri Hydro Power Station revenue.

Piramal Enterprises Q1 Profit Dips 64% to Rs 181 cr

August 13, 2024 18:43

Piramal Enterprises reported a 64% decline in Q1 net profit to Rs 181 crore, impacted by a higher base last year. The company's core net interest income grew 18% to Rs 807 crore.

Nykaa Q1 Profit Doubles to Rs 14 Crore - Strong Growth in Beauty and Fashion Segments

August 13, 2024 17:06

Nykaa's consolidated net profit surged to Rs 13.64 crore in Q1 FY25, driven by a 23% increase in revenue from its beauty and fashion segments.

Ipca Labs Q1 Profit Up 18% to Rs 192 Cr, Domestic Sales Strong

August 13, 2024 17:05

Ipca Laboratories reported an 18% rise in Q1 net profit to Rs 192 crore, driven by robust domestic sales. Revenue increased to Rs 2,093 crore, while exports declined.

Happiest Minds Q1 Profit Down 13% to Rs 51 cr | IT News

August 13, 2024 15:34

Happiest Minds Technologies reported a 13% decline in Q1 FY25 profit to Rs 51.03 crore, while revenue grew 18.7% to Rs 463.82 crore. The company attributed the profit decline to non-recurring...

Patel Engineering Profit Surges 26% in Q1 FY24

August 13, 2024 15:11

Patel Engineering reported a 26% rise in net profit to Rs 48.17 crore in the April-June quarter of 2024, driven by operational efficiency. Revenue declined slightly.

Wipro CTO Resigns: Subha Tatavarti Leaves for New Opportunities

August 13, 2024 14:44

Wipro's Chief Technology Officer Subha Tatavarti has resigned to pursue opportunities outside the company, marking the fourth top-level exit in four months. Tatavarti, who joined Wipro in 2021, led...

Tilaknagar Industries Q1 Profit Soars 55.7% to Rs 40 cr

August 13, 2024 13:30

Tilaknagar Industries Ltd reported a 55.71% increase in its consolidated net profit to Rs 40.08 crore in Q1 FY24, driven by strong revenue growth. Read more.

Rathi Steel's Q1 Net Profit Jumps 50% to Rs 2.7 Crore

August 13, 2024 13:20

Rathi Steel and Power Ltd's net profit surged 50% to Rs 2.7 crore in Q1 FY24, driven by reduced expenses despite lower revenue. Learn more about the company's performance.

NMDC Net Profit Rises 18% to Rs 1,963 Crore in Q1

August 13, 2024 12:54

NMDC's net profit surged 18% to Rs 1,963 crore in the June quarter, driven by reduced expenses. The company's total income also grew, while expenses declined.

Hill Fort Capital Sells 20 Lakh Saregama Shares for Rs 98 Cr

August 12, 2024 22:17

Hill Fort Capital Partners sold over 20 lakh shares of Saregama India for Rs 98 crore, while Amansa Holdings increased its stake in the company. Read more.

Vodafone Idea Q1 FY25 Losses Narrow to Rs 6,432.1 Crore

August 12, 2024 20:44

Vodafone Idea's losses narrowed to Rs 6,432.1 crore in Q1 FY25, driven by 4G subscriber growth. The company is expanding its 4G coverage and launching 5G services.

Uflex Q1 Loss Narrows, Revenue Rises 12% to Rs 3,654 Cr

August 12, 2024 20:38

Uflex's consolidated net loss narrowed to Rs 98.43 crore in Q1 FY25, while revenue grew 12.13% to Rs 3,653.75 crore. The company expects strong recovery in packaging films business.

Panasonic Energy India Profit Rises in Q1 FY24 | News

August 12, 2024 17:49

Panasonic Energy India reported a profit after tax of Rs 4.14 crore in the June quarter, up from Rs 2.59 crore in the year-ago period. The company's total income fell to Rs 64.18 crore in the...

Borosil Renewables Q1 Loss Widens to Rs 14 Crore

August 12, 2024 15:28

Borosil Renewables reported a consolidated net loss of Rs 14.23 crore in Q1 FY24, compared to Rs 11.53 crore in the same period last year. Total expenses and income also increased.

Voltas Q1 Profit Surges 200%+ on AC Sales Boom

August 12, 2024 10:57

Voltas reported a massive Q1 profit jump driven by strong AC sales, selling 1 million units in the quarter. The company's revenue crossed Rs 5,000 crore, led by a surge in unitary cooling products.

Godrej Properties Acquires 90-Acre Land in Raigad for Plotted Development

August 12, 2024 10:07

Godrej Properties has acquired a 90-acre land parcel in Khalapur, Raigad, Maharashtra, for residential plotted development. The project is expected to have a development potential of around 1.7...

Cement Companies Report Volume Growth, Revenue Muted

August 11, 2024 16:20

Leading cement manufacturers saw single-digit volume growth in June quarter, but revenue remained muted due to lower prices. Read about UltraTech, Ambuja, ACC, Shree Cement, Dalmia Bharat.

Godrej Properties to Launch Rs 21,000cr Housing Projects by March

August 11, 2024 16:16

Godrej Properties plans to launch Rs 21,000 crore worth of housing projects by March 2024, aiming for 20% growth in sales bookings. The company reported strong Q1 results, with a record Rs 8,600...

LIC to Invest Rs 1.30 Lakh Crore in Stocks in FY25

August 11, 2024 15:31

LIC, India's largest life insurer, plans to invest around Rs 1.30 lakh crore in the stock market during the current financial year, driven by strong market performance and increased AUM. The...

Focused Mutual Funds: Asset Base Surges 31%, Top Performers Deliver 60% Returns

August 11, 2024 13:05

Focused mutual funds are gaining traction, with assets under management reaching Rs 1.43 lakh crore in June 2024. Top performers like Invesco India Focused Fund and Mahindra Manulife Focused Fund...

Tata Motors: Global Demand Muted, Domestic Market Expected to Improve

August 11, 2024 12:11

Tata Motors expects sluggish global demand but anticipates a gradual recovery in the Indian market, driven by new launches and the festive season. The company also highlights inventory challenges...

Aurobindo Pharma Q1 Profit Surges 61% to Rs 919 Cr

August 10, 2024 20:08

Aurobindo Pharma's net profit for Q1 FY25 jumped 61% to Rs 919 crore driven by strong sales. Revenue also grew to Rs 7,567 crore.

Jagran Prakashan Q1 Profit Down 6.5% to Rs 41 cr - PTI

August 10, 2024 19:12

Jagran Prakashan Ltd, publisher of Dainik Jagran, reported a 6.51% decline in net profit to Rs 41.03 crore in Q1 FY25. Revenue also dipped to Rs 444.11 crore.

Signature Global Cuts Debt by 16% in Q1, Strong Sales Drive

August 10, 2024 12:08

Signature Global reduced net debt by 16% in the June quarter to Rs 980 crore due to robust sales in its housing projects. The company aims to keep net debt below 0.5 times of projected operating...

Honasa Consumer Q1 Profit Surges 63% to Rs 40.25 cr | Mamaearth, The Derma Co

August 9, 2024 19:58

Honasa Consumer, the parent company of Mamaearth and The Derma Co, saw its Q1 profit jump 63% to Rs 40.25 crore, driven by a 19% rise in sales. Learn more about the company's financial performance.

Sun TV Profit Dips 5.4% in Q1, Revenue Falls - PTI

August 9, 2024 19:54

Sun TV Networks Ltd reported a 5.48% decline in consolidated profit after tax to Rs 559.58 crore in Q1 FY25. Revenue from operations dipped to Rs 1,312.40 crore. Read more.

SCI Profit Soars 69.85% to Rs 291.48 cr in June Quarter

August 9, 2024 19:04

Shipping Corporation of India (SCI) reported a significant jump in its net profit for the June 2024 quarter, reaching Rs 291.48 crore, a 69.85% increase from the previous year.

BGR Energy Reports Widened Loss in June Quarter

August 9, 2024 18:58

BGR Energy's net loss widened to Rs 117.64 crore in the June quarter due to increased expenses. Total income increased to Rs 182.83 crore.

Jubilant Foodworks Q1 Profit: Rs 58 Cr, Domino's Revenue Rises

August 9, 2024 18:42

Jubilant Foodworks, operator of Domino's Pizza and Dunkin' Donuts, reported a consolidated net profit of Rs 58.02 crore for the June quarter, driven by strong revenue growth. The company's...

Trent Q1 Profit Doubles to Rs 391 cr, Westside ''Zudio Drive Growth

August 9, 2024 17:52

Trent Ltd reports a 2x surge in Q1 profit to Rs 391 cr, driven by strong performance from Westside ''Zudio. Revenue also grew significantly, and the company expanded its retail presence.

India Cements Reports Rs 58.47 Cr Profit Despite Revenue Decline

August 9, 2024 17:38

India Cements Ltd reported a net profit of Rs 58.47 crore in the June quarter despite a 28.5% revenue decline due to low capacity utilization and liquidity crunch. The company's revenue from...

Info Edge Q1 Profit Surges 75% to Rs 259 Cr - Naukri, 99acres Growth

August 9, 2024 17:35

Info Edge, owner of Naukri.com and 99acres, reported a 75.6% jump in Q1 profit to Rs 258.8 crore, driven by strong growth in recruitment and real estate businesses.

CESC Net Profit Rises 6% to Rs 388 cr in Q1 | Business News

August 9, 2024 17:18

CESC Ltd reported a 6% rise in consolidated net profit to Rs 388 crore in Q1 FY24, driven by higher revenues. Total income rose to Rs 4,918 crore.

Inox Wind Reports Rs 50 Crore Profit in Q1 | Strong Revenue Growth

August 9, 2024 16:49

Inox Wind Limited reports a Rs 50 crore profit after tax in Q1 FY25, driven by a surge in revenue. The company's orderbook stands at 2.9 GW, with 611 MW secured in FY25.

LIC Shares Rise 1% After Strong Q1 Profit

August 9, 2024 16:45

LIC shares gained nearly 1% on Friday after the company reported a 10% rise in net profit for the June 2024 quarter. The stock climbed 3% in early trade before settling higher.

Wockhardt Reports Q1 Net Loss of Rs 16 Crore, Total Income at Rs 769 Crore

August 9, 2024 16:26

Wockhardt reported a consolidated net loss of Rs 16 crore for the first quarter ended June 30, 2024. Total income stood at Rs 769 crore, up from Rs 658 crore in the year-ago period.

Medanta Q1 Profit Rises 4% to Rs 106 Crore

August 9, 2024 16:18

Global Health, which operates Medanta hospitals, reported a 4% increase in consolidated profit after tax to Rs 106 crore in Q1 FY24. Revenue also grew to Rs 861 crore.

Zydus Lifesciences Q1 Profit Up 31% to Rs 1,420 Cr on Sales Growth

August 9, 2024 15:48

Zydus Lifesciences reported a 31% rise in net profit to Rs 1,420 crore in Q1 FY25 driven by strong sales growth across its businesses, particularly in India and the US.

Grasim Q1 Profit Down 12%, Revenue Up 9% - Business News

August 9, 2024 15:41

Grasim Industries reports a 12% decline in Q1 profit to Rs 2,267.74 crore, while revenue rose 9% to Rs 33,860.75 crore. Higher depreciation and interest charges impacted profits.

IRB Infrastructures Q1 Profit Rises to Rs 140 Cr | Business News

August 9, 2024 14:56

IRB Infrastructures Developers Ltd reported a 5% rise in Q1 FY25 profit to Rs 140 crore, driven by higher income. The company's toll collection also saw a significant increase.

Paramount Cables Q1 Profit Surges 74% to Rs 25.3 Crore

August 9, 2024 13:59

Paramount Cables reported a 74% rise in Q1 PAT to Rs 25.3 crore driven by higher revenues. The company saw robust demand in both domestic and international markets.

LIC Shares Surge 3% After Strong Q1 Earnings

August 9, 2024 11:43

LIC shares climbed 3% on Friday after the company reported a 10% rise in net profit to Rs 10,461 crore in the June 2024 quarter. The company also saw a significant increase in total income and AUM.

Eicher Motors Q1 Profit Surges 20% to Rs 1,101 cr

August 8, 2024 21:58

Eicher Motors's net profit jumped 20% to Rs 1,101 crore in Q1 FY24, driven by higher sales. Royal Enfield sales also saw a rise, while VECV reported strong performance.

Eureka Forbes Q1 Profit Surges 26.4% to Rs 32.15 Cr

August 8, 2024 21:43

Eureka Forbes Ltd reported a 26.37% increase in its consolidated net profit to Rs 32.15 crore for Q1 FY24, driven by strong growth in Water Purifier, Vacuum Cleaner, and service business. Revenue...

Biocon Q1 Profit Soars 6-Fold to Rs 660 Cr on One-Time Gain

August 8, 2024 21:35

Biocon's Q1 profit jumps six-fold to Rs 660 crore, driven by a one-time gain from the Biocon Biologics and Eris Lifesciences collaboration. Revenue also grew slightly.

Birla Corporation Q1 Profit Down 45.4% to Rs 32.6 Cr - Business News

August 8, 2024 21:27

Birla Corporation's Q1 profit fell 45.4% to Rs 32.6 crore due to weak cement prices and sluggish demand. Revenue declined 9% to Rs 2,190 crore.

Page Industries Q1 Profit Up 4% to Rs 165 Cr, Revenue Rises

August 8, 2024 21:14

Page Industries' Q1 profit surged 4.33% to Rs 165.22 crore, driven by sales growth and strong margins. Revenue also increased to Rs 1,277.51 crore.

Global Distriparks Profit Down 23% in Q1 FY25

August 8, 2024 21:01

Global Distriparks Ltd's net profit declined 23% to Rs 49 crore in Q1 FY25, impacted by global supply chain disruptions. Revenue also fell by 4.59%.

Essar Shipping Reports Rs 34.53 Crore Loss in Q1 2024

August 8, 2024 20:39

Essar Shipping posted a consolidated loss of Rs 34.53 crore in Q1 FY24, compared to a profit of Rs 26.13 crore in the same period last year. The company's total income from operations also declined.

Standard Chartered Exits Protean eGov Tech, Sells 3.09% Stake for Rs 225 Crore

August 8, 2024 19:23

Standard Chartered Bank has sold its entire 3.09% stake in Protean eGov Technologies for Rs 225 crore through an open market transaction. The shares were offloaded at an average price of Rs...

AstraZeneca India Reports Q1 Net Loss of Rs 12 Crore

August 8, 2024 18:49

AstraZeneca Pharma India reported a net loss of Rs 12 crore for the first quarter ended June 30, 2024, compared to a profit of Rs 54 crore in the same period last year. Total income for the quarter...

Birla Corp Q1 Profit Drops 45% to Rs 33 Crore | Weak Cement Demand

August 8, 2024 18:43

Birla Corporation reported a 45% decline in net profit to Rs 33 crore in Q1 FY25, impacted by weak cement prices and sluggish demand. Revenue also fell by 8.9% to Rs 2,207 crore.

JB Pharma Q1 Profit Surges 25% to Rs 177 cr

August 8, 2024 18:41

JB Chemicals & Pharmaceuticals reported a 25% year-on-year increase in net profit to Rs 177 crore in the first quarter ended June 30, 2024. The company's total income also grew to Rs 1,010 crore...

LIC Profit Jumps 10% to Rs 10,461 Crore in Q1 - Business News

August 8, 2024 18:40

Life Insurance Corporation of India (LIC) reported a 10% rise in net profit to Rs 10,461 crore in the June 2024 quarter, driven by growth in premiums and investments.

FMCG Growth Slows in June Quarter: Rural Outpaces Urban - NielsenIQ

August 8, 2024 18:04

FMCG volume growth slowed to 3.8% in Q2 2024 due to macroeconomic headwinds, with rural markets outperforming urban. NielsenIQ report highlights key trends in food, non-food categories and modern...

Alembic Pharma Q1 Net Profit Up 12% to Rs 135 Cr - Business News

August 8, 2024 15:55

Alembic Pharmaceuticals reported a 12% increase in net profit to Rs 135 crore for Q1 FY24. Total income also rose to Rs 1,564 crore. Read more about the company's performance.

RVNL Q1 Net Profit Drops 35% to Rs 224 Crore

August 8, 2024 15:46

RVNL's net profit fell by 35% to Rs 224 crore in Q1 FY25 due to reduced income. Total income decreased to Rs 4,336.75 crore from Rs 5,853.18 crore in the previous year.

Airtel Payments Bank Q1 Profit Up 41% to Rs 7.2 Crore

August 8, 2024 15:42

Airtel Payments Bank reported a 41% rise in net profit for the June quarter, reaching Rs 7.2 crore, driven by strong growth in digital savings accounts and other offerings. Revenue also surged to...

Brookfield India REIT Q1 NOI Up 93% to Rs 440 Cr - Distribution Declared

August 8, 2024 15:00

Brookfield India Real Estate Trust reported a 93% jump in net operating income to Rs 439.9 crore in Q1 FY24, declaring a distribution of Rs 216 crore. The company achieved gross leasing of 2,42,000...

MRF Net Profit Dips in June Quarter, Revenue Rises

August 8, 2024 14:56

MRF's net profit declined by 3% to Rs 571 crore in the June quarter, while total income rose to Rs 7,280 crore. Read more.

KPI Green Energy Q1 Profit Doubles to Rs 66.11 Crore

August 8, 2024 13:33

KPI Green Energy reported a doubled net profit of Rs 66.11 crore in Q1 FY25, driven by higher revenue. The company also announced an interim dividend of 0.20 paisa per share.

Kirloskar Oil Engines Q1 Profit Up 7% to Rs 117 Crore

August 7, 2024 22:16

Kirloskar Oil Engines reported a 7% rise in standalone net profit to Rs 117 crore in the April-June quarter, driven by strong B2B and B2C growth. Exports also grew 15% year-on-year.

Bata to Open 13 More Power Stores by December, Retail Expansion

August 7, 2024 21:36

Bata plans to open 13 more 'Power' athleisure stores by December 2024, expanding its retail footprint and casualisation strategy. The company also reports strong Q2 profits.

Abbott India Q1 Profit Up 13% to Rs 328 Crore

August 7, 2024 21:30

Abbott India's net profit rose 13% to Rs 328 crore in Q1 FY24, driven by strong revenue growth. The company's share price closed up 1.29% on the BSE.

APM Terminals Pipavav Q1 Profit Jumps 62% to Rs 109.67 Cr

August 7, 2024 21:24

APM Terminals Pipavav reported a 62% rise in Q1 net profit to Rs 109.67 crore, driven by revenue growth and strong EBITDA margin. Liquid volume grew 31.80% to 345,000 MT.

Welspun Corp Profit Jumps 47% to Rs 248 Cr, Line Pipe Order Book at Rs 5,710 Cr

August 7, 2024 20:50

Welspun Corp's net profit surged by 47% to Rs 248 crore in Q1 FY25, driven by reduced expenses. The company also reported a strong order book for line pipes and DI pipes.

Pidilite Industries Q1 Profit Up 20.6% to Rs 571.27 Crore

August 7, 2024 19:58

Pidilite Industries reported a 20.6% rise in Q1 profit to Rs 571.27 crore, driven by easing input prices. Revenue also grew, but shares closed lower on the BSE.

Godfrey Phillips Q1 Profit Down 10.1% to Rs 228.5 Cr

August 7, 2024 19:48

Godfrey Phillips India Ltd's Q1 net profit fell 10.17% to Rs 228.55 crore, despite a 15.7% rise in revenue. The company is exiting its loss-making retail business 24Seven.

Radico Khaitan Q1 Profit Up 13.4% to Rs 77.38 Cr

August 7, 2024 19:36

Radico Khaitan's net profit rose 13.4% to Rs 77.38 crore in Q1 FY2025, driven by strong premium volume growth. Revenue also increased, despite challenging market conditions.

BSE Profit Surges 3x to Rs 265 cr in June Quarter - Business News

August 7, 2024 18:38

BSE reported a threefold jump in net profit to Rs 265 crore for the June 2024 quarter, driven by strong revenue growth and increased trading activity.

Vedanta Shares Surge 5% on Strong Q1 Profit

August 7, 2024 18:07

Vedanta Ltd shares jumped nearly 5% on Wednesday after the company reported a 36.5% rise in consolidated net profit for the June quarter of FY25.

Dr Lal PathLabs Q1 Profit Soars 29% to Rs 108 cr

August 7, 2024 17:56

Dr Lal PathLabs reported a 29% jump in consolidated profit after tax to Rs 108 crore for Q1 FY25, driven by revenue growth. The company also announced an interim dividend of Rs 6 per share.

Godawari Power Q1 Profit Jumps 24% to Rs 287 cr

August 7, 2024 17:34

Godawari Power and Ispat's consolidated net profit for the June quarter rose 24% to Rs 287 crore, driven by reduced expenses. The company also announced a special dividend and a share split.

GCPL Q1 Profit Surges 41% to Rs 451 cr, Enters Pet Care Market

August 7, 2024 16:47

Godrej Consumer Products Ltd (GCPL) reports a 41.36% rise in Q1 profit to Rs 450.69 cr, driven by lower raw material costs. The company also announced entry into the pet care market with a Rs 500...

Blue Star Q1 Profit Doubles to Rs 168.76 Cr, Revenue Up 28.7%

August 7, 2024 14:03

Blue Star Ltd's net profit surged 100% to Rs 168.76 crore in Q1 FY25, driven by strong demand for cooling products and cost management. Revenue also increased by 28.7%.

Lupin Shares Surge 6% on Strong Q1 Earnings

August 7, 2024 12:14

Lupin shares hit a 52-week high after reporting a 77% increase in net profit for the June quarter, driven by robust sales and new product launches.

Lupin Q1 Net Profit Surges 77% to Rs 801 Cr | Business News

August 7, 2024 10:24

Lupin's net profit for the first quarter of FY25 jumped 77% to Rs 801 crore, driven by robust sales across markets. Read more about the drug maker's financial performance.

Airtel Targets Rs 300 ARPU, 5G FWA Launch by Sept

August 6, 2024 22:22

Bharti Airtel aims for Rs 300 average revenue per user (ARPU) and plans to roll out fixed wireless access (FWA) broadband services on its 5G network by September. The company also reported a strong...

Shree Cement Q1 Net Profit Down 51.3%, Sales Up 8% | Business News

August 6, 2024 20:17

Shree Cement reported a 51.3% decline in Q1 net profit to Rs 278.45 crore, but sales volume increased by 8% to 9.64 million tonnes. The company cites sluggish demand due to elections and weather.

IIFL Finance Q1 Profit Down 28% to Rs 338 Cr - RBI Gold Loan Ban Impact

August 6, 2024 20:06

IIFL Finance reports a 28% decline in Q1 FY25 profit to Rs 338 crore, attributed to the RBI ban on its gold loan business. Total income rose, but expenses and NPAs increased.

Bata India Q1 Profit Surges 63% to Rs 174 Cr, Revenue Dips

August 6, 2024 20:05

Bata India's net profit jumped 63% in Q1 FY24 to Rs 174 crore, driven by margin expansion and property sale gains. Revenue dipped slightly.

Marico Shares Plunge 6.50% on Bangladesh Crisis

August 6, 2024 19:44

Marico shares tumbled 6.50% on Tuesday, driven by political unrest in Bangladesh, a key market for the FMCG giant. The company's market valuation declined by Rs 5,657.55 crore.

Axiscades Q1 Profit Jumps 3x to Rs 17 Crore | Business News

August 6, 2024 17:46

Axiscades reported a three-fold rise in consolidated net profit to Rs 16.77 crore in the June quarter, driven by higher income and growth in engineering services.

TVS Motor Q1 Profit Up 6% to Rs 461 Crore | Business News

August 6, 2024 16:30

TVS Motor Company reported a 6% increase in consolidated net profit to Rs 461 crore for the first quarter of FY24, driven by strong sales. Total income also rose to Rs 10,448 crore.

Devyani International Q1 Profit Jumps to Rs 224 Cr

August 6, 2024 13:59

Devyani International, operator of Pizza Hut, KFC, and Costa Coffee, reported a profit of Rs 224.30 crore for the June quarter, driven by marketing campaigns and promotional deals.

Shree Cement Q1 Profit Down 51.3% to Rs 278.45 Crore

August 6, 2024 13:57

Shree Cement's consolidated net profit declined by 51.31% to Rs 278.45 crore in Q1 FY24, while revenue from operations rose 1.73%.

Orient Cement Q1 Profit Down, Revenue Falls 15.6% - PTI

August 5, 2024 20:46

Orient Cement's net profit declined to Rs 36.71 crore in Q1 FY24, while revenue dipped 15.6% to Rs 696.26 crore. Learn more about the company's performance.

V-Mart Retail Q1 Profit Up, Revenue Rises 15.8% - PTI

August 5, 2024 20:45

V-Mart Retail Ltd reported a profit of Rs 12.14 crore in Q1 FY25, a significant improvement from last year's loss. Revenue grew 15.8% to Rs 786 crore.

ONGC Q1 Profit Drops 15% on Higher Costs

August 5, 2024 20:38

ONGC's net profit fell 15% in Q1 FY25 due to increased exploration write-offs. Revenue rose, but profit declined sequentially. Read more.

Marico Q1 Profit Up 8.7% to Rs 474 Cr: Volume Gains Drive Growth

August 5, 2024 20:16

Marico Ltd. reports an 8.71% rise in Q1 net profit to Rs 474 crore, driven by volume gains and gross margin expansion. Domestic revenue grew 7.38%, international revenue up 4.76%.

Brigade Enterprises Q1 Profit Soars 200% to Rs 84 cr - Business News

August 5, 2024 20:10

Brigade Enterprises reported a 200% surge in net profit to Rs 84 crore in Q1 FY25, driven by strong revenue growth. Read more about the company's financial performance.

Britannia Sees 4-5% Cost Inflation, May Hike Prices

August 5, 2024 19:45

Britannia Industries anticipates 4-5% cost inflation, prompting a potential price hike. The company will evaluate the impact on various brands and categories. Read more.

Triveni Turbine Q1 Profit Jumps 32% to Rs 80 Cr - Business News

August 5, 2024 19:22

Triveni Turbine reported a 32% rise in consolidated net profit to Rs 80.41 crore in the June quarter, driven by higher income. Read more about the company's financial performance.

Bharti Airtel Q1 Profit Surges 2.5x to Rs 4,160 Cr on ARPU Growth

August 5, 2024 19:18

Bharti Airtel's Q1 FY25 profit jumped 2.5 times to Rs 4,160 crore, driven by higher ARPU, exceptional gains, and India revenue growth. Read more.

Motherson Sumi Wiring Q1 Profit Jumps 21% to Rs 149 Cr

August 5, 2024 17:56

Motherson Sumi Wiring India Ltd reported a 21% rise in net profit to Rs 148.87 crore for the June quarter, driven by strong revenue growth. Read more.

Bharti Airtel Q1 Profit Soars 2.5x to Rs 4,160 Crore

August 5, 2024 17:16

Bharti Airtel's net profit jumped by over 2.5 times to Rs 4,160 crore in Q1 FY24, driven by strong revenue growth. Read more about the company's performance.

Titan Shares Drop 3% After Earnings: Q1 Profit Down

August 5, 2024 17:08

Titan shares fell nearly 3% after the company reported a 5.42% decline in net profit for the June quarter, despite a rise in sales. The jewellery retailer's net profit reached Rs 715 crore.

Keystone Realtors Q1 Profit Down 45% to Rs 26 cr - PTI

August 5, 2024 14:57

Keystone Realtors reported a 45% decline in consolidated net profit for the June quarter FY25, despite higher revenue. The company launched two new projects and acquired one more, indicating a...

NIIT Appoints Anshumaan Prasad as Head of Marketing

August 5, 2024 14:34

NIIT appoints Anshumaan Prasad as its new Head of Marketing. Prasad joins from Amazon India where he led marketing initiatives for Amazon Prime and Amazon Specials.

Godrej Properties Net Debt Rises 20% in June Quarter

August 5, 2024 13:42

Godrej Properties' net debt increased by 20% in the June quarter, reaching Rs 7,432 crore due to higher capex. The company reported a strong performance with a four-fold jump in net profit and...

Amara Raja Energy Q1 Profit Up 26% to Rs 249 cr - Business News

August 4, 2024 16:38

Amara Raja Energy & Mobility (ARE&M) has reported a 26% increase in net profit for the June quarter at Rs 249.12 crore, driven by strong growth in automotive aftermarket, OEMs and exports.

Affle Q1 Profit Surges 31% to Rs 86 cr | Tech News

August 4, 2024 11:51

Affle (India) reports a 31% jump in Q1 FY25 net profit to Rs 86.59 crore, driven by strong CPCU business performance and strategic initiatives. Revenue also grew 27.8% year-on-year.

Fuel Retailers See Profit Slump After Record Earnings

August 4, 2024 11:11

Indian Oil, BPCL and HPCL reported significant profit declines in Q1 2024-25 due to falling margins and LPG under-recovery. This follows record profits in FY24.

Bank of India Net Profit Up 10% in Q1 FY24

August 3, 2024 20:10

Bank of India's net profit rose 10% to Rs 1,703 crore in the April-June quarter, but was limited by higher provisions for bad loans. Learn more about the bank's financial performance.

SBI Profits Soar, But Stock Value Lags: Khara's Last Remarks

August 3, 2024 19:39

Outgoing SBI Chairman Khara highlights record profits in the last four years, surpassing the previous 64 years, but expresses concern over the bank's undervalued stock price.

Eveready Industries Q1 Profit Up 18%, Revenue Down 4%

August 3, 2024 16:48

Eveready Industries India Ltd reported a net profit of Rs 29.36 crore in Q1 FY25, up 18.1% YoY, while revenue declined 3.9% to Rs 349.37 crore.

JK Tyre Q1 Profit Up 37% to Rs 211 cr - News

August 3, 2024 16:28

JK Tyre & Industries reported a 37% rise in Q1 net profit to Rs 211 crore, despite a decline in total income. Read more about the company's performance.

Titan Profit Dips 5.4% in Q1, Sales Up 12% | News

August 2, 2024 19:59

Titan's net profit declined 5.42% to Rs 715 crore in Q1 FY24, while sales rose 12.64% to Rs 12,223 crore. Jewellery business revenue grew 10.4% YoY.

Delhivery Q1 FY25 Profit: Rs 54 cr, Revenue at Rs 2,172 cr

August 2, 2024 19:43

Delhivery reported a profit after tax (PAT) of Rs 54 crore for the June quarter FY25, a significant improvement from the Rs 89 crore loss in the same period last year. Revenue grew to Rs 2,172 crore.

Britannia Q1 Profit Rises 11% to Rs 505 Cr: Key Highlights

August 2, 2024 19:17

Britannia Industries reports a strong Q1 FY25 with an 11% rise in net profit to Rs 505 crore. Revenue growth driven by volume and improved margins.

Hester Biosciences Profit Up 9% in June Quarter - Business News

August 2, 2024 17:56

Hester Biosciences, a leading animal health products and vaccine maker, reported a 9% rise in profit in the June quarter. Sales were driven by strong performance in the dairy and poultry sectors.

Sensex Tanks 885 Points, Nifty Falls From 25K: Weak US Data Triggers Global Rout

August 2, 2024 17:26

The BSE Sensex plunged 885 points on Friday, triggered by weak US data, as profit-taking hit metal, auto and IT stocks. The broader Nifty also retreated from its record 25,000 level.

Apple Reports Record Revenue in India & 24+ Countries

August 2, 2024 16:31

Apple saw record revenue growth in India and over two dozen countries in the June quarter, driven by strong iPhone, Mac, and iPad sales. CEO Tim Cook highlights record revenue in emerging markets.

Hindustan Zinc Q1 Profit Up 19% to Rs 2,345 Cr

August 2, 2024 15:13

Hindustan Zinc's consolidated net profit for the June quarter FY25 rose 19.3% to Rs 2,345 crore, driven by increased income. Learn more about the company's performance.

Zomato Shares Surge Over 12%, Hit 52-Week High

August 2, 2024 12:06

Zomato shares soared over 12% on Friday, reaching a 52-week high after reporting a multi-fold jump in net profit for the June quarter. The company's revenue also saw a significant increase.

Tata Motors Shares Slump 4% on Poor Sales

August 2, 2024 11:07

Tata Motors shares dropped 4% after reporting a decline in total sales in July. The company's net profit, however, increased due to strong performance by Jaguar Land Rover.

Orient Electric Q1 Profit Down 27.2% to Rs 14.34 cr

August 1, 2024 21:50

Orient Electric's net profit fell 27.2% to Rs 14.34 crore in Q1 FY24, while revenue grew 6.97%. Read more on the company's performance.

Plutus Wealth Sells Stake in Ami Organics, Restaurant Brands Asia for Rs 298 Cr

August 1, 2024 21:43

Plutus Wealth Management sold shares in Ami Organics and Restaurant Brands Asia for Rs 298 crore via open market transactions. SBI Mutual Fund and HDFC MF picked up the stake in the companies.

ITC Q1 Profit Flat, Revenue Up 7.5% | Business News

August 1, 2024 18:00

ITC Ltd reported a marginal decline in net profit to Rs 5,176.99 crore in Q1 FY25, while revenue grew 7.45% to Rs 20,029.60 crore. Read more.

Sensex Hits New High, Nifty Crosses 25,000 on Fed Rate Cut Hopes

August 1, 2024 17:24

Indian benchmark indices Sensex and Nifty surged to record highs on Thursday, fueled by hopes of a US Fed rate cut by September. Banking and oil shares led the gains.

Adani Enterprises Q1 Profit Doubles on New Energy Growth

August 1, 2024 17:14

Adani Enterprises' net profit surged 116% in Q1 FY25, driven by strong performance in new energy business, particularly solar and wind. Coal trading saw decline.

Tata Motors Q1 Profit Soars 74% to Rs 5,566 Cr

August 1, 2024 16:42

Tata Motors' consolidated net profit surged 74% to Rs 5,566 crore in Q1 FY24, driven by strong performance across segments. Total income also rose to Rs 1,09,623 crore.

Tube Investments Q1 Profit Rises to Rs 313.65 cr

August 1, 2024 16:24

Tube Investments of India Ltd has reported a consolidated profit after tax of Rs 313.65 crore for the April-June 2024 quarter, a rise from the previous year. The company's total income also...

Cognizant Q2 Profit Up 22% to $566 Million, Revenue Guidance Tweaked

August 1, 2024 16:05

Cognizant Technology Solutions reported a 22% rise in net profit for the June quarter, exceeding estimates. The IT services company also adjusted its full-year revenue guidance.

Adani Ports Q1 Profit Surges 47% to Rs 3,107 Crore

August 1, 2024 15:56

Adani Ports & SEZ Ltd reported a 47% rise in its consolidated net profit to Rs 3,107 crore in the June quarter, driven by higher income and cargo volume growth.

NIIT MTS Profit Up 8.75% in June Quarter

August 1, 2024 15:02

NIIT Learning Systems reported a net profit of Rs 60 crore in the June 2024 quarter, up 8.75% year-on-year. Revenue also increased, driven by strong demand for its services. The company added three...

Emami Q1 FY25 PAT Up 10% to Rs 150.6 Cr

August 1, 2024 14:40

Emami Ltd reported a 10.13% rise in its profit after tax to Rs 150.6 crore for the June 2024 quarter, driven by volume growth and margin expansion.

HeidelbergCement India Q1 Profit Down 23.7% to Rs 39.9 Crore

August 1, 2024 13:50

HeidelbergCement India's net profit declined by 23.7% to Rs 39.9 crore in Q1 FY24, impacted by lower revenue and volume. Read more about the company's performance.

Company Name
Price
Volume

Vodafone Idea L
13.14 ( -2.88)
33337289

GACM Technologies
1.59 (+ 2.58)
31438119

YES Bank Ltd.
23.83 (+ 3.70)
28312544

GTL Infrastructure
2.61 (+ 4.82)
27648993

Rajnish Wellness
3.45 ( -3.36)
16876969

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