Search result for 'net profit'

Vedanta Demerger: From Asset Manager to Owner

September 8, 2024 10:50

Vedanta to demerge its verticals, creating independent companies for aluminium, oil ''gas, power, steel, and base metals. The move aims to transition from asset manager to owner. '

Bajaj Housing Finance IPO: Rs 1,758 cr from Anchor Investors

September 6, 2024 22:29

Bajaj Housing Finance raised Rs 1,758 crore from anchor investors ahead of its IPO. The IPO will open for public subscription on September 9 and conclude on September 11.

Godfrey Phillips Shareholders Approve Bina Modi as MD

September 6, 2024 21:44

Godfrey Phillips India shareholders have approved Bina Modi's reappointment as Managing Director with 86.6% votes. The AGM also saw the appointment of her daughter Charu Modi and Samir Modi's...

Godfrey Phillips Closes Retail Business, Focuses on Core Cigarette Biz

September 6, 2024 19:45

Godfrey Phillips India closes its retail business '24Seven' to focus on core cigarette business. Chairperson Bina Modi defends the move, citing the 'Theory of Core Competency'. The decision...

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.

Prestige Estates Raises Rs 5,000 Crore via QIP

September 5, 2024 00:01

Prestige Estates Projects Ltd has raised Rs 5,000 crore through a Qualified Institutional Placement (QIP). The company sold 2,98,68,578 equity shares at Rs 1,674 apiece to institutional investors.

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.

AU Small Finance Bank Seeks Universal Bank License

September 3, 2024 19:19

AU Small Finance Bank has applied to the RBI for a universal bank license, aiming to transition from a small finance bank. The bank meets the required criteria, including a net worth of Rs 1,000...

Bajaj Housing Finance IPO Opens Sept 9: Price Band at Rs 66-70/share

September 3, 2024 14:07

Bajaj Housing Finance's Rs 6,560 crore IPO opens on September 9 with a price band of Rs 66-70 per share. The IPO will close on September 11, and anchor investor bidding begins on September 6.

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%.

Ramkrishna Forgings Invests in Aluminum Forging for EV Market

September 2, 2024 15:25

Ramkrishna Forgings announced plans to establish an aluminum forging facility in Jamshedpur, India, targeting the electric vehicle market with an investment of Rs 57.5 crore. The facility is...

Bajaj Housing Finance IPO Opens Sep 9: Rs 6,560 Cr

September 1, 2024 10:55

Bajaj Housing Finance's Rs 6,560 crore IPO will open for subscription on September 9, closing on September 11. The IPO comprises a fresh issue and an offer for sale by parent Bajaj Finance.

IOC Chairman Vaidya Steps Down After Record Growth

August 31, 2024 20:06

S M Vaidya steps down as chairman of Indian Oil Corporation (IOC) after leading the company to unprecedented heights during his tenure, marked by innovation, sustainability, and operational...

NRL Records Rs 23,731 Crore Revenue in FY24

August 30, 2024 20:29

Numaligarh Refinery Limited (NRL) achieved a revenue of Rs 23,731 crore and a net profit of Rs 2,160 crore in FY24, despite challenges in the first quarter. The company also declared a final...

Prestige Estates to Raise Rs 5,000 Crore via QIP

August 30, 2024 10:01

Prestige Estates Projects plans to raise up to Rs 5,000 crore through a Qualified Institutional Placement (QIP) to fund growth and new projects.

RIL AGM: Jio Bets on AI, Eyes Revenue Doubling, Free Cloud Storage

August 29, 2024 19:47

RIL Chairman Mukesh Ambani announced Jio's AI-powered vision, including free cloud storage, revenue doubling in 3-4 years, and a possible future demerger. Learn more about Jio's AI plans and the...

SBI Chairman Setty: Aiming for 'Best Bank' Status, Increased Profit

August 28, 2024 19:19

SBI Chairman C S Setty outlines ambitious goals, including becoming the 'Best Bank' in India and increasing net profit, emphasizing India's economic growth and his commitment to the bank's success.

OYO Projects 3x Rise in FY25 Profit: Rs 700 Cr

August 28, 2024 15:41

OYO, the travel tech platform, projects a three-fold rise in its profit after tax for FY25, aiming for over Rs 700 crore, driven by strong performance in key markets.

Aeron Composite Raises Rs 15.17 Crore from Anchor Investors

August 28, 2024 10:59

Aeron Composite Ltd has raised Rs 15.17 crore from anchor investors ahead of its IPO on NSE Emerge. The company, which manufactures fiberglass reinforced polymer products, plans to use the funds...

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.

Infosys CEO: India Offers Huge Opportunity, Economic Trajectory Fantastic

August 26, 2024 17:46

Infosys CEO Salil Parekh highlights India's economic strength and the company's strong growth in the country, citing its 'fantastic' economic trajectory and 'huge opportunity.'

PhonePe Group Reports Rs 197 Cr Profit in FY24

August 26, 2024 15:08

PhonePe Group, backed by Walmart, reported a consolidated net profit of Rs 197 crore for FY24, a turnaround from a loss in the previous fiscal. The group's revenue grew by 73.7% to Rs 5,064 crore.

Akums Drugs Q1 Profit Jumps to Rs 60 Cr | Revenue Up - Business News

August 26, 2024 12:37

Akums Drugs and Pharmaceuticals reported a consolidated net profit of Rs 60 crore for Q1 FY24, a significant turnaround from last year's loss. Total income also rose to Rs 1,026 crore.

Glass Lewis Recommends Against Bina Modi's Reappointment at Godfrey Phillips

August 25, 2024 16:52

Proxy advisory firm Glass Lewis recommends against the reappointment of Bina Modi as MD of Godfrey Phillips, citing concerns over her remuneration and governance. The recommendation comes amidst a...

Aeron Composite IPO: Price Band Fixed at Rs 121-125/share

August 24, 2024 15:58

Aeron Composite Ltd fixes IPO price band at Rs 121-125/share for Rs 56 crore issue. The IPO opens on August 28 and will conclude on August 30. The company manufactures FRP products.

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%.

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...

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...

Shriram Properties Targets Revenue Growth: Rs 3k Cr by FY27

August 21, 2024 14:23

Shriram Properties aims to triple revenue to Rs 3,000 crore and double sale bookings to Rs 5,000 crore by FY27, driven by expansion into new markets and tech adoption.

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...

Antfin Sells 2.1% Stake in Zomato for Rs 4,771 Crore

August 20, 2024 19:23

Antfin Singapore Holding has sold a 2.1% stake in Zomato for Rs 4,771 crore, reducing its holding to 2.14%. The transaction involved 18,54,40,550 shares sold in two tranches.

Tata Chemicals Raises Rs 1,700 Crore via NCDs - Business News

August 20, 2024 14:41

Tata Chemicals has raised Rs 1,700 crore through the issuance of Non-Convertible Debentures (NCDs) to investors on a private placement basis. The NCDs have a fixed rate coupon of 7.81 per cent and...

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...

RRBs to Devise Products for MSME Clusters: FM

August 19, 2024 19:39

Finance Minister Nirmala Sitharaman urges Regional Rural Banks (RRBs) to create products tailored to MSME clusters, promoting financial inclusion and credit access to small and micro enterprises.

Finance Minister Urges PSBs to Boost Deposit Growth

August 19, 2024 17:12

India's Finance Minister Nirmala Sitharaman met with public sector banks to address concerns over deposit growth, urging them to improve deposit mobilization and introduce innovative products.

Xolopak India Files IPO Draft Papers on NSE Emerge

August 19, 2024 16:02

Xolopak India, a sustainable packaging maker, files draft papers for an IPO on NSE Emerge, aiming to raise funds for expansion and new acquisitions. The company boasts significant revenue growth...

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.

Aurobindo Pharma China Plant to Start Production in Q3 FY25

August 19, 2024 12:24

Aurobindo Pharma's China facility to start production in Q3 FY25, with full-scale output in FY26. The company also expects its Pen-G plant to ramp up production significantly.

Canara Bank Aims to Boost CASA Deposits to 33%

August 18, 2024 13:43

Canara Bank MD highlights focus on CASA deposit growth, aiming for 33% by FY end. Bank reports strong Q1 results with 10% profit rise and 11% business growth.

Macrotech Developers's Net Debt Rises 43.5% in Q1

August 18, 2024 12:51

Macrotech Developers's net debt increased to Rs 4,320 crore in Q1 FY25 due to higher capex for land and construction. The company saw strong sales bookings and a significant jump in net profit.

TVS Motor Confident of Outperforming Industry in FY24

August 18, 2024 10:11

TVS Motor CEO expects strong growth in FY24 driven by new product launches and expansion into key markets like Africa, Middle East and Latin America.

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.

Genesys International Q1 Profit Rises to Rs 5.38 Crore

August 16, 2024 15:15

Genesys International, a geospatial solutions provider, reported a consolidated net profit of Rs 5.38 crore in the June 2024 quarter, a significant improvement from the previous year. Revenue also...

Awfis Posts Rs 2.78 Cr Profit in Q1 FY24, Revenue Up 39% - PTI

August 16, 2024 14:32

Co-working firm Awfis Space Solutions Ltd reported a net profit of Rs 2.78 crore in Q1 FY24, driven by a 39% revenue increase to Rs 268 crore. The company is present in 16 cities across India.

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.

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...

Hinduja Global Solutions Q1 Profit Soars to Rs 161.5 cr

August 14, 2024 21:29

Hinduja Global Solutions (HGS) reported a multifold jump in its Q1 net profit to Rs 161.5 crore, driven by the sale of its healthcare business. Revenue declined by 3.6% to Rs 1,091.92 crore.

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.

KP Energy Q1 Profit Jumps 19% to Rs 18.20 Cr

August 14, 2024 18:56

KP Energy reported a 19% rise in consolidated net profit to Rs 18.20 crore in the June 2024 quarter, driven by increased revenue. Read more.

Orient Green Power Q1 Profit Jumps 40% to Rs 13 cr - PTI

August 14, 2024 18:29

Orient Green Power reported a 40% rise in net profit to Rs 13.05 crore in the June 2024 quarter, driven by an OTS approval and upcoming solar venture.

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.

EID Parry Q1 Profit Down 16% to Rs 91.33 Cr

August 14, 2024 17:17

EID Parry's consolidated net profit declined by 16% to Rs 91.33 crore in Q1 FY24. Total income also saw a dip compared to the previous year.

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...

Shriram Properties Q1 Profit Up 5% to Rs 17.46 Crore

August 14, 2024 16:00

Shriram Properties reported a 5% rise in its consolidated net profit to Rs 17.46 crore for the quarter ended June, driven by higher income. The company also appointed a new CFO and elevated a...

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...

PC Jeweller Q1 Profit: Legal Issues Near Settlement

August 14, 2024 14:17

PC Jeweller reported a consolidated net profit of Rs 156.06 crore for the first quarter ended June 30, a turnaround from last year's loss. The company expects an early settlement of legal issues.

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.

OYO Reports First Profit: Rs 229 Crore in FY24

August 14, 2024 11:58

OYO, the IPO-bound unicorn, reported its first-ever net profit of Rs 229 crore in FY24, exceeding its earlier estimate. This follows eight consecutive quarters of positive Adjusted EBITDA.

NBCC Q1 Profit Surges 38% to Rs 107 Cr

August 13, 2024 21:59

NBCC Ltd's net profit jumped 38% to Rs 107.19 crore in Q1 FY24, driven by strong revenue growth. Read more about NBCC's financial performance.

Anupam Rasayan Q1 Profit Down 76.63% to Rs 12.21 cr - PTI

August 13, 2024 20:30

Anupam Rasayan India Ltd reported a 76.63% drop in Q1 net profit to Rs 12.21 crore due to lower income. Revenue declined to Rs 254.19 crore, but expenses also fell.

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.

RattanIndia Enterprises Q1 Profit Soars 300% to Rs 851 cr

August 13, 2024 19:48

RattanIndia Enterprises reported a 300% jump in net profit to Rs 851 crore in Q1 FY25, driven by strong e-commerce growth through its subsidiary Cocoblu Retail. Revenue rose 70% YoY.

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.

Muthoot Finance Q1 Profit Up 11% to Rs 1,079 Crore - Business News

August 13, 2024 19:24

Muthoot Finance reported an 11% rise in net profit to Rs 1,079 crore in Q1 FY24, driven by growth in loan assets. Read more about the company's financial performance.

TAC InfoSec Q1 Profit Soars 94% to Rs 2.32 cr

August 13, 2024 19:19

TAC InfoSec's Q1 profit surged 94.45% to Rs 2.32 cr, driven by customer growth and global expansion. The company now operates in 55 countries and boasts clients like Salesforce and AutoDesk.

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.

IL''FS Reports Rs 9,414 Cr Loss Over 5 Years: Revised Balance Sheet

August 13, 2024 18:55

IL''FS, under resolution, reveals a cumulative loss of Rs 9,414 crore from FY14-FY18 in revised balance sheet. Total income also decreased significantly. Learn more.

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.

Senco Gold Q1 Net Profit Up 85%, Customs Duty Cut Impacts Inventory

August 13, 2024 17:08

Senco Gold Ltd reported a net profit of Rs 51.27 crore for Q1 FY24, up 85.4%. Revenue grew 7.5% YoY to Rs 1,403.89 crore. Customs duty reduction on gold impacts inventory valuation.

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.

Samvardhana Motherson Q1 Profit Soars 69.3% to Rs 1,097.18 Cr

August 13, 2024 16:37

Samvardhana Motherson International Ltd reported a 69.3% jump in consolidated net profit to Rs 1,097.18 crore in Q1 FY25, driven by strong revenue growth. Read more.

Godrej Industries Q1 Profit Surges 81% to Rs 322.49 cr

August 13, 2024 16:27

Godrej Industries Ltd reported an 81% jump in consolidated net profit to Rs 322.49 crore for the April-June quarter of 2024, driven by higher income. Total income rose to Rs 5,259.41 crore.

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.

Balrampur Chini Q1 Profit Down 4.6% on Lower Sugar Output

August 12, 2024 20:49

Balrampur Chini Mills reported a 4.6% drop in Q1 profit due to lower sugarcane availability, impacting production. Revenue rose 2.3%, but expenses increased. The company faces challenges in the...

RCFL Q1 Profit Plunges 84% to Rs 11 Crore | Lower Subsidy Impact

August 12, 2024 20:03

RCFL's Q1 profit slumped 84% to Rs 11 crore due to higher finance costs and reduced government subsidies on fertilizers. Shares closed down 1.40% on the BSE.

Power Mech Projects Q1 Profit Up 21% to Rs 62 cr

August 12, 2024 19:28

Power Mech Projects reported a 21% rise in net profit to Rs 61.72 crore in Q1 FY25, driven by higher revenues. The company's revenue surged to Rs 1,007.39 crore.

Natco Pharma Q1 Profit Jumps 59% to Rs 668 Cr

August 12, 2024 17:29

Natco Pharma's consolidated net profit surged 59% to Rs 668 crore in Q1 FY24, driven by strong revenue growth. The company also declared an interim dividend of Rs 3 per share.

Hindustan Copper Q1 Profit Doubles to Rs 113.40 Crore

August 12, 2024 16:39

Hindustan Copper Ltd's net profit for Q1 FY24 surged to Rs 113.40 crore, driven by higher revenue. The company also plans to exceed its capex target.

Dhanlaxmi Bank Reports Rs 8 Crore Loss in Q1 FY24

August 12, 2024 15:02

Dhanlaxmi Bank reported a Rs 8 crore loss in Q1 FY24, a decline from Rs 28 crore profit in the previous quarter. Total income decreased, but interest income rose. Gross NPAs declined, but net NPAs...

Hi-Tech Pipes Q1 Profit Soars Over 2-Fold to Rs 18 cr

August 12, 2024 13:33

Hi-Tech Pipes reported a strong Q1 FY25 with net profit surging over 200% to Rs 18.05 crore on higher revenues. The company's revenue also saw a significant increase.

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...

Ola Maps ''Gimmick'': MapmyIndia CEO Slams Ola''s Map Claims

August 11, 2024 18:13

MapmyIndia CEO Rohan Verma criticizes Ola''s claims about developing a navigational map of India, calling it a ''gimmick''. He also questions the quality of Ola Maps, saying it''s ''pathetic''.

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...

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...

SPIC Reports Q1 PAT at Rs 62.55 cr - Southern Petrochemicals Industries

August 9, 2024 20:46

Southern Petrochemical Industries Corporation (SPIC) Ltd has reported a consolidated net profit of Rs 62.55 crore for the April-June 2024 quarter, a growth from the previous year. Read more.

Insecticides India Q1 Profit Surges 68% to Rs 49 Crore

August 9, 2024 19:49

Insecticides (India) Ltd reported a 68.18% jump in consolidated net profit for Q1 FY24, reaching Rs 49.01 crore. Total income also saw a marginal increase. The company declared an interim dividend...

Alkem Labs Q1 Profit Soars 91% to Rs 550 Cr - Business News

August 9, 2024 19:25

Alkem Laboratories reports a 91% surge in net profit to Rs 550 crore in Q1 FY25, driven by strong sales. The company also highlights its focus on maximizing profitability and expanding its domestic...

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.

Moneyboxx Reports Rs 4.30 Cr Profit in Q1 FY25

August 9, 2024 18:57

Moneyboxx Finance, a micro-entrepreneur loan provider, reported a 93% AUM growth in Q1 FY25, reaching Rs 746 crore. The company also announced a Rs 271 crore equity raise.

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...

IOC to Raise Refining Capacity by 25% to Meet India's Oil Needs

August 9, 2024 18:26

Indian Oil Corporation (IOC) plans to increase refining capacity by 25% to meet India's rising oil demand. The company aims to become a USD 1 trillion company by 2047, investing in fossil fuels,...

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.

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.

Sundaram Home Finance Targets Rs 450 Cr in Maharashtra

August 9, 2024 16:26

Sundaram Home Finance aims to disburse Rs 450 crore in Maharashtra this year, opening its second branch in Pune. The company sees strong demand for home loans in the state, particularly in Navi...

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.

Arohan Financial Services Q1 Profit Jumps Fourfold to Rs 104 Cr

August 9, 2024 11:48

Arohan Financial Services reported a significant jump in net profit to Rs 104.08 crore in Q1 FY25, driven by strong business growth and earnings. The MFI's AUM also saw a notable increase, while...

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.

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...

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.

Lincoln Pharma Profit Soars 24% in Q1 FY25 | Rs 23.67cr

August 8, 2024 21:13

Lincoln Pharmaceuticals reports a strong Q1 FY25 with a 24.51% jump in net profit to Rs 23.67 crore. Total income rose by 10% to Rs 157.69 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%.

SAIL Q1 Profit Plunges 61.51% to Rs 82 cr - Steelmaker Reports Decline

August 8, 2024 20:30

State-owned SAIL's net profit plummeted by 61.51% in the first quarter, reaching Rs 81.78 crore, primarily due to reduced income. The company's total income and sales volume also witnessed a decline.

GRSE Q1 Net Profit Up 13%, Margin Contracts | PTI

August 8, 2024 20:26

GRSE reported a 13% rise in net profit for Q1 FY25, driven by a 34% revenue surge, but profit margin contracted to 8.64%. The company remains optimistic about its growth trajectory.

Bayer CropScience Q1 Profit Down 23% to Rs 254 Crore

August 8, 2024 20:24

Bayer CropScience's net profit declined 23% to Rs 254.2 crore in Q1 FY24, with total income also falling. Read more about the company's financial performance.

Sobha Net Profit Drops 50% in Q1 FY25 | Real Estate News

August 8, 2024 20:22

Realty firm Sobha Ltd reported a 50% decline in net profit to Rs 6.05 crore in Q1 FY25, despite strong housing demand. Learn more about Sobha's financial performance and future outlook.

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.

Ajmera Realty Q1 Profit Jumps 49% to Rs 31.43 cr - PTI

August 8, 2024 17:00

Ajmera Realty & Infra India reported a 49% rise in Q1 net profit to Rs 31.43 cr, driven by strong sales and collection efficiency. Read more.

Bharat Forge Q1 Net Profit Down 18% to Rs 175 Cr

August 8, 2024 15:55

Bharat Forge's consolidated net profit declined 18% to Rs 175 crore in Q1 FY25. Total income rose to Rs 4,158 crore, driven by defence exports and Oil & Gas recovery. The company also plans to...

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.

World Shares Slip After Tech Decline on Wall Street

August 8, 2024 15:48

Global markets experienced another day of decline, led by a tech slump on Wall Street. European and Asian shares saw moderate losses, with concerns over the US economy and potential rate hikes...

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.

Asian Shares Mixed After Wall Street Decline, Tech Slumps

August 8, 2024 11:45

Asian markets see mixed trading after Wall Street falls, led by tech sector losses. Japan's Nikkei down 0.5%, while Hong Kong's Hang Seng gains 0.8%.

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.

NHPC Profit Rises Marginally to Rs 1,108 cr in Q1 FY25

August 7, 2024 21:13

NHPC's net profit increased by over 1% to Rs 1,108.46 crore in the April-June quarter, driven by higher revenue. The company also announced the appointment of Raj Kumar Chaudhary as its new...

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.

Coromandel International Reports Q1 FY25 Profit at Rs 309.24 cr

August 7, 2024 20:36

Coromandel International Ltd's consolidated profit after tax for April-June 2024 stood at Rs 309.24 crore, a decline from the previous year. The company's total income also decreased during the...

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.

Signature Global Q1 Profit: Rs 7 Cr, Sales Target of Rs 10,000 Cr

August 7, 2024 19:48

Signature Global reported a net profit of Rs 6.76 crore in Q1 FY25, driven by higher income. The company aims for Rs 10,000 crore sales in FY25, with a robust pipeline of projects.

Apollo Tyres Q1 Net Profit Down 24% to Rs 302 Cr

August 7, 2024 19:38

Apollo Tyres's net profit for the first quarter of FY24 declined by 24% to Rs 302 crore, driven by lower sales and higher raw material costs. Revenue from operations was Rs 6,335 crore.

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.

NSE Profit Soars 39% to Rs 2,567 Cr in Q1 FY25

August 7, 2024 18:31

National Stock Exchange (NSE) reported a 39% jump in Q1 FY25 profit to Rs 2,567 crore, driven by strong trading revenue and other income sources. Revenue rose 51% to Rs 4,510 crore.

Pritika Engineering Components Q1 Profit Rises to Rs 94 Lakh - PTI

August 7, 2024 18:30

Pritika Engineering Components Ltd reported a marginal increase in net profit to Rs 94 lakh in Q1 FY25. The company also announced plans to raise its authorized share capital and expand its...

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.

TVS Credit Services Reports 20% Net Profit Hike in Q1 FY'25

August 7, 2024 17:46

TVS Credit Services reported a 20% increase in net profit for the April-June 2024 quarter, reaching Rs 140.43 crore. The company's total income also grew significantly.

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.

Zomato Cash on Delivery Balance to Zomato Money: CEO Goyal

August 7, 2024 17:08

Zomato customers can now add cash on delivery balance to their Zomato Money account for future orders. CEO Deepinder Goyal credits BigBasket for the inspiration.

NLC India Q1 Profit Surges 37% to Rs 566.69 Crore

August 7, 2024 16:39

NLC India Ltd's net profit for the quarter ended June 30, 2024, jumped 37% to Rs 566.69 crore, driven by increased revenue. The company is expanding its renewable energy portfolio.

ABFRL Q1 Loss Widens to Rs 214.92 Crore

August 7, 2024 15:50

Aditya Birla Fashion and Retail Ltd (ABFRL) reported a widened loss after tax at Rs 214.92 crore in Q1 FY24, impacted by higher expenses and subdued consumption.

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%.

EIH Q1 Profit Down 8.75%, Bengaluru Mixed-Use Development

August 7, 2024 13:42

EIH Ltd's net profit declined 8.75% in Q1, reaching Rs 96.75 crore. The company announced a mixed-use development in Bengaluru, including two hotels, a commercial hub, and retail spaces.

Saraswati Saree Depot IPO Opens Aug 12: Price Band at Rs 152-160

August 7, 2024 12:14

Saraswati Saree Depot's IPO opens on Aug 12 with a price band of Rs 152-160 per share. The IPO aims to raise Rs 160 crore for working capital and general purposes.

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.

Cummins India Profit Soars 33% to Rs 420 Crore in Q1 FY25

August 6, 2024 21:39

Cummins India reported a 33% year-on-year jump in net profit to Rs 419.80 crore in the April-June 2024 quarter, driven by strong domestic demand, especially from the industrial sector.

Gulf Oil Profit Soars 29% in Q1: Revenue Up 9%

August 6, 2024 21:11

Gulf Oil Lubricants India reported a 29% rise in net profit to Rs 88.02 crore in the April-June quarter, driven by strong revenue growth and EBITDA margin expansion. The company remains bullish on...

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.

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.

Vedanta Demerger: Completion Expected by Fiscal End

August 6, 2024 18:25

Vedanta Ltd. has filed a demerger scheme with the NCLT, aiming to create independent companies for its various businesses. The process is expected to be completed by the end of this fiscal year.

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.

Banks Write Off ₹9.90 Lakh Cr Loans in 5 Years: Parliament

August 6, 2024 17:32

Indian banks have written off ₹9.90 lakh crore worth of loans in the last five years, with the highest write-off occurring in 2019-20. Despite this, banks continue to pursue recovery actions.

Tata Power Net Profit Jumps 31% to Rs 1,189 Cr in Q1 FY25

August 6, 2024 17:20

Tata Power's net profit surged 31% YoY to Rs 1,189 crore in the June quarter, driven by operational efficiency and strong performance across its businesses.

Raymond Net Profit Up 27% in Q1 FY25 - Rs 57.04 Cr

August 6, 2024 16:45

Raymond Ltd reported a 26.7% rise in consolidated net profit from continuing operations to Rs 57.04 crore in the first quarter ended June 2024. The company's revenue also saw a significant increase.

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.

Vedanta Q1 Profit Surges 37% to Rs 3,606 Crore

August 6, 2024 15:16

Vedanta Ltd's net profit for Q1 FY25 rose 37% to Rs 3,606 crore, driven by improved margins and cost reduction. The company also announced its demerger is on track.

Power Finance Corporation Q1 Profit Jumps 20% to Rs 7,182 cr

August 6, 2024 14:51

Power Finance Corporation's net profit surged over 20% to Rs 7,182 crore in the June quarter, driven by higher revenues. The company also declared an interim dividend of 32.50%.

Vedanta Q1 Net Profit Surges 37% to Rs 3,606 Crore

August 6, 2024 14:46

Vedanta Ltd. reports a 36.5% increase in consolidated net profit for Q1 FY24, reaching Rs 3,606 crore. The company's revenue also saw growth, driven by strong performance across its diverse portfolio.

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%.

TBZ Q1 Profit Surges 50% to Rs 17 Cr on Higher Revenue

August 5, 2024 20:47

Tribhovandas Bhimji Zaveri Ltd (TBZ) reported a 50% jump in Q1 profit to Rs 17.04 crore, driven by strong revenue growth. Read more.

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.

Tata Chemicals Q1 Profit Drops 72% on Lower Income

August 5, 2024 20:42

Tata Chemicals reported a 72% decline in its consolidated net profit to Rs 150 crore for Q1 FY25, driven by lower income and higher expenses. Read more.

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.

HCC Reports Q1 Loss, Focuses on Order Booking

August 5, 2024 18:16

Hindustan Construction Company (HCC) reported a consolidated loss of Rs 2.5 crore for Q1 FY25. The company is focusing on accelerated order booking with a bid pipeline of Rs 40,000 crore.

Schneider Electric Infra Q1 Profit Up 39% to Rs 48 cr

August 5, 2024 18:16

Schneider Electric Infrastructure's net profit surged nearly 39% to Rs 48.48 crore in Q1 FY25, driven by higher revenues. Read more.

Honeywell Automation India Q1 Profit Rises 32% to Rs 136.5 cr

August 5, 2024 18:10

Honeywell Automation India's net profit surged by 32.01% to Rs 136.5 crore in the June quarter, driven by strong revenue growth. Read more on its financial performance.

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.

Tata Chemicals Q1 Profit Plunges 72% to Rs 150 Cr

August 5, 2024 17:47

Tata Chemicals reported a sharp decline in Q1 profit to Rs 150 crore, driven by lower income and increased expenses. Read more.

Company Name
Price
Volume

Vodafone Idea L
13.54 (+ 2.58)
20115654

GTL Infrastructure
2.49 (+ 4.62)
19837938

Rama Steel Tubes
14.17 ( -5.15)
15668364

Suzlon Energy Ltd.
78.05 (+ 4.99)
12955869

GACM Technologies
1.55 (+ 3.33)
8970099

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