Godrej Industries Q1 Results: Consolidated net profit up 38%
Godrej Industries on Friday reported 38 per cent rise in consolidated net profit at Rs 257.60 crore for the quarter ended June 30, 2022. The company had posted a net profit of Rs 185.99 crore for April-June period a year ago, Godrej Industries said in a BSE filing. Revenue from operations was Rs 4,024.55 crore [...]
Wockhardt Ltd Q1 Results: Consolidated net loss at Rs 75 crore
Pharmaceutical firm Wockhardt Ltd on Friday reported a widening of consolidated net loss at Rs 75 crore in the first quarter ended June as revenue from key markets of the UK and the US declined. The company had posted a consolidated net loss of Rs 7 crore in the same quarter last fiscal, Wockhardt Ltd [...]
GMDC Q1 Results: Consolidated PAT jumps to Rs 345 crore
Gujarat Mineral Development Corporation (GMDC) on Friday posted a steep rise in consolidated profit after tax to Rs 344.94 crore in the June quarter, mainly on account of higher income from operations. The consolidated profit after tax was at Rs 37.71 crore in the year-ago period, it said in a filing to BSE. The company's [...]
Muthoot Finance Q1 Results: Consolidated net profit drops 16%
Muthoot Finance reported a 16 per cent decline in consolidated net profit to Rs 825 crore in the June quarter due to lower yields on low-interest rate teaser loans. Total income during the April-June quarter of 2022-23 fell by 5 per cent to Rs 2,804 crore as against Rs 2,963 crore in the same period [...]
NLC India Q1 Results: Consolidated profit rises 59%
NLC India Ltd on Friday reported a 59 per cent rise in consolidated profit at Rs 568.83 crore for the quarter ended June on the back of higher income. The company had posted consolidated profit of Rs 357.59 crore in the year-ago period, NLC India said in a regulatory filing. The consolidated revenue from operations [...]
ONGC Q1 Results: Net profit triples to Rs 15k cr on bumper oil, gas prices
India's top oil and gas producer ONGC on Friday reported a tripling of net profit in the June quarter as it earned record prices before the government slapped a tax on windfall profits arising from a global rally in energy rates. Oil and Natural Gas Corporation's (ONGC) standalone net profit at Rs 15,205.85 crore, or [...]
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Godrej Consumer Q1 Results: Consolidated net profit down 16.56%, Revenue up 8%
FMCG major Godrej Consumer Products Ltd (GCPL) on Wednesday reported a 16.56 per cent decline in its consolidated net profit at Rs 345.12 crore for the first quarter ended June 30, 2022, on account of commodity inflation and upfront marketing investments. It had posted a net profit of Rs 413.66 crore in the April-June quarter [...]
Devyani International Q1 Results: Net profit at Rs 74.76 cr
Quick service restaurant (QSR) operator Devyani International Ltd on Wednesday reported a net profit of Rs 74.76 crore for the first quarter ended June 30, 2022. The company, which is the largest franchisee of Yum Brands in India, having Pizza Hut and KFC, and Costa Coffee, had reported a net loss of Rs 33.41 crore [...]
TCI Q1 Results: Standalone profit after tax rises Rs 77 crore
Logistics firm TCI on Tuesday reported a 58.4 per cent year-on-year growth in standalone profit after tax at Rs 77 crore in the June quarter. The company had posted a standalone Profit After Tax (PAT) of Rs 48 crore in the first quarter of FY22. Revenue from operations during the quarter was up 32.2 per [...]
Adani Green Energy Q1 Results: Consolidated net profit falls 2% to Rs 214 crore
Adani Green Energy Limited (AGEL) on Tuesday posted a fall of over 2 per cent in consolidated net profit at Rs 214 crore in the April-June quarter of FY23, due to higher expenses. The consolidated net profit of the company in the year-ago period was at Rs 219 crore, according to a regulatory filing. The [...]
Saregama India Q1 Results: Consolidated net profit up 51.6% to Rs 41.43 cr
Music label Saregama India Ltd on Tuesday reported a 51.59 per cent increase in its consolidated net profit to Rs 41.43 crore for the first quarter ended June 30, 2022. It had posted a net profit of Rs 27.33 crore in the April-June quarter last fiscal, Saregama said in a regulatory filing. Saregama's total income [...]
ITC Q1 Results: Consolidated net profit rises 33%
ITC Ltd on Monday reported an increase of 33.46 per cent in consolidated net profit to Rs 4,462.25 crore for the first quarter ended June. The company had posted a net profit of Rs 3,343.44 crore during the April-June quarter of the previous fiscal, it said in a regulatory filing. Its revenue from operations was [...]
UPL Q1 Results: Consolidated net profit jumps 34.17%
Agrochemical major UPL Ltd on Monday reported a 34.17 per cent rise in consolidated net profit to Rs 1,005 crore for the quarter ending June 30 compared to the same period of the previous financial year. The company's consolidated net stood at Rs 749 crore during the April-June quarter of 2021-22, UPL said in a [...]
Barbeque Nation Hospitality Q1 Result: Net profit at Rs 16.02 cr
Barbeque-Nation Hospitality Ltd, which operates one of the leading casual dining chains, on Monday reported a net profit of Rs 16.02 crore for the first quarter ended June 30, 2022. The company had clocked a net loss Rs 43.85 crore in the April-June period a year ago, Barbeque-Nation Hospitality said in a regulatory filing. Its [...]
Arvind Ltd Q1 Results: Consolidated net profit at Rs 101.62 cr, Net sales up 64%
Leading textile manufacturer Arvind Ltd on Monday reported a consolidated net profit of Rs 101.62 crore for the first quarter that ended on June 30, 2022. The company had posted a net loss of Rs 11.42 crore during the April-June quarter of the previous fiscal, Arvind said in a regulatory filing. Its revenue from operations [...]
Bajaj Consumer Care Q1 Results: Consolidated net profit dips 30.7% o Rs 33.9 cr
FMCG firm Bajaj Consumer Care Ltd on Monday reported a decline of 30.69 per cent in its consolidated net profit at Rs 33.89 crore for the first quarter ended June 30, 2022. The company had reported a net profit of Rs 48.90 crore in the April-June quarter a year ago, said Bajaj Consumer Care, a [...]
CDSL Q1 Results: Consolidated PAT drops 10% to Rs 58 cr
Leading depository CDSL has reported a 10 per cent decline in consolidated profit after tax (PAT) at Rs 57.61 crore for June quarter 2022-23. It had posted a PAT of Rs 63.99 crore in the year-ago period, the Central Depository Services (India) Ltd or CDSL said in a filing to the NSE. Total income rose [...]
Eveready Industries Q1 Results: Consolidated net profit down 27.5%
Battery and flashlights maker Eveready Industries India Ltd on Monday reported a decline of 27.48 per cent in its consolidated net profit at Rs 21.85 crore for the quarter ended June 30, 2022. The company had posted a net profit of Rs 30.13 crore in the April-June period a year ago, Eveready Industries said in [...]
Varun Beverages Q1 Results: Consolidated PAT at Rs 802 cr
Varun Beverages, PepsiCo's largest franchise bottler, on Monday reported a two-fold rise in consolidated profit after tax at Rs 802.01 crore for June quarter on growth in revenue from operations and improvement in margins. The company, which follows January-December financial year, had posted a PAT of Rs 318.80 crore in April-June 2021. Varun Beverages Ltd's [...]
Godfrey Phillips India Q1 Results: Consolidated net profit rises 16.6%
Cigarette maker Godfrey Phillips India Ltd on Saturday reported a 16.6 per cent rise in its consolidated net profit to Rs 131.05 crore for the first quarter ended June 30. The company had posted a net profit of Rs 112.40 crore during the April-June quarter of the preceding fiscal, Godfrey Phillips India said in a [...]
Oriental Hotels Q1 Results: Standalone PAT at Rs 11.09 cr
Oriental Hotels Ltd, an associate company of The Indian Hotels Company Ltd has reported its highest ever standalone profit after tax at Rs 11.09 crore for the quarter ending June 30, 2022 following a resurgence in travel, the company said on Saturday. The company had reported a standalone net loss at Rs 16.83 crore during [...]
Zee Media Corporation Q1 Results: Consolidated net profit at Rs 4.55 crore
Zee Media Corporation Ltd (ZMCL) on Friday reported a consolidated net profit of Rs 4.55 crore for the first quarter ended June. The company had posted a net profit of Rs 218.08 crore during the April-June quarter of the previous fiscal, helped by gains from exceptional items, Zee Media Corporation Ltd (ZMCL) said in a [...]
DLF Q1 Results: Consolidated net profit up 39%
Realty major DLF Ltd on Friday reported a 39 per cent increase in its consolidated net profit to Rs 469.57 crore in the first quarter ended June 30, mainly due to better sales. Its net profit stood at Rs 337.10 crore in the year-ago period. Its total income rose to Rs 1,516.28 crore in the [...]
Cipla Q1 Results: Profit after tax dips 4%
Drug major Cipla on Friday posted a 4 per cent decline in its consolidated profit after tax to Rs 686 crore for the April-June quarter of this fiscal. The Mumbai-based company had reported a profit after tax of Rs 715 crore in the April-June quarter of the last fiscal. Total revenue from operations declined to [...]
JK Paper Q1 Results: Consolidated net profit rises to Rs 264 crore
JK Paper on Friday reported a two-fold increase in consolidated net profit at Rs 264.23 crore for the quarter ended June, helped by higher sales volume and enhanced sales realisation. The company had logged a net profit of Rs 104.22 crore in the April-June period a year ago, JK Paper said in a regulatory filing. [...]
Deepak Fertilisers Q1 Results: Consolidated net profit jumps over 3 fold to Rs 435 cr
Deepak Fertilisers and Petrochemicals Corporation Ltd (DFPCL) on Friday posted an over three-fold jump in consolidated net profit to Rs 435.66 crore in the June quarter on strong sales. Its net profit stood at Rs 130.63 crore in the year-ago period, according to a regulatory filing. Total income increased by 59.45 per cent on a [...]
Emami Q1 Results: Profit after tax down 7% to Rs 73 cr
Homegrown FMCG firm Emami Ltd on Friday reported 6.55 per cent decline in June quarter profit after tax (PAT) at Rs 72.69 crore. The company had posted a PAT of Rs 77.79 crore in April-June 2021-22, Emami said in a regulatory filing. However, revenue from operations was up 17.75 per cent to Rs 778.29 crore [...]
IOC posts Rs 1,992.53 cr net loss in Q1 on petrol, diesel price freeze
Indian Oil Corporation (IOC) on Friday reported a net loss of Rs 1,992.53 crore for the June quarter because of a freeze on petrol, diesel and LPG prices despite rising input costs. Net loss of Rs 1,992.53 crore in April-June compared to Rs 5,941.37 crore of net profit in the same period a year back, [...]
Exide Industries Q1 Results: PAT rises five-fold to Rs 202.44 crore
Battery maker Exide Industries on Friday reported an over five-fold rise in consolidated net profit after tax to Rs 202.44 crore for the first quarter ended June 30, driven by higher revenue. The company had posted a consolidated net profit after tax of Rs 31.81 crore in the same quarter last fiscal, Exide Industries Ltd [...]
Sun Pharma Q1 results: Consolidated net profit up 43%
Sun Pharma on Friday reported 43 per cent rise in consolidated net profit at Rs 2,061 crore for June quarter, riding on robust sales across markets. The Mumbai-based company had posted a net profit of Rs 1,444 crore in April-June 2021-22. Total revenue from operations rose to Rs 10,762 crore in the period under review [...]
Ashok Leyland Q1 Results: Consolidated net profit at Rs 96 cr
Commercial vehicles maker Ashok Leyland on Friday reported a consolidated net profit of Rs 96 crore for June quarter 2022-23 riding on higher sales. The company had incurred a net loss of Rs 324 crore in the same period last fiscal year, Ashok Leyland said in a regulatory filing. Revenue from operations more than doubled [...]
HDFC Ltd Q1 Results: Standalone net profit rises 22% to Rs 3,669 cr
Mortgage lender HDFC Ltd on Friday reported a 22.2 per cent rise in its standalone net profit to Rs 3,668.92 crore for the first quarter ended June 30, on higher income driven by robust loan disbursements. The company's net profit in the same quarter a year ago stood at Rs 3,001 crore. Its total income [...]
Zydus Wellness Q1 Results: Consolidated net profit up 4.75%
Zydus Wellness on Friday reported a 4.75 per cent rise in consolidated net profit to Rs 137.01 crore in the first quarter ended June 30, impacted by higher expenses and a one-time outgo for plant closure. The company had posted a consolidated profit after tax at Rs 130.8 crore in the same period last fiscal, [...]
PNB Q1 Results: Standalone net profit falls 70%
State-owned Punjab National Bank (PNB) on Thursday reported a 70 per cent decline in standalone net profit to Rs 308.44 crore in the three months ended June. The bank had posted a net profit of Rs 1,023.46 crore in the year-ago period. In the March quarter, the same stood at Rs 201.57 crore. Total income [...]
Olectra Greentech Q 1 Results: Net profit jumps more than 800% YoY
Electric mobility company Olectra Greentech on Thursday posted a multi-fold jump year-on-year in its net profit to Rs 18.8 crore for the June quarter, mainly on the back of higher revenues. Olectra had reported a net profit of Rs 2 crore in the quarter ended June 30, 2021, the company said in a statement. Its [...]
Vedanta Q1 Results: Consolidated net profit rises 5%
Vedanta on Thursday reported a marginal 4.6 per cent rise in its consolidated net profit at Rs 4,421 crore in the April-June quarter due to higher sales volume, commodity prices and strategic hedging gains. The diversified natural resources company had posted a consolidated net profit of Rs 4,224 crore in the year-ago period, Vedanta Ltd [...]
Mahindra Finance Q1 Results: Consolidated net profit at Rs 240 cr
Mahindra & Mahindra Financial Services on Thursday reported a consolidated net profit of Rs 240 crore for June quarter aided by fall in expenses and higher income from business operations. The company had posted a net loss of Rs 1,573.40 crore in April-June 2021-22. The loss in the year-ago period was due to the impact [...]
Bajaj Finserv Q1 Results: Net profit jumps 57% to Rs 1,309 cr
Bajaj Finserv on Thursday reported a 57 per cent jump in net profit at Rs 1,309 crore in the first quarter ended June 30, on healthy earnings by its subsidiary companies. In the year-ago period, the company had posted a net profit of Rs 833 crore. Company's consolidated total income during April-June period of 2022-23 [...]
Nestle India Q2 Results: Net profit falls 4.3%, net sales up 15.7%
FMCG major Nestle India Ltd on Thursday reported a decline of 4.31 per cent in its net profit at Rs 515.34 crore for the second quarter ended June 30, 2022. The company, which follows the January-December financial year, had posted a net profit of Rs 538.58 crore in the corresponding period a year ago, Nestle [...]
United Breweries Q1 Results: Consolidated net profit rises more than 400%
Beer maker United Breweries Ltd on Wednesday reported a five-fold jump in its consolidated net profit to Rs 162.50 crore in the June quarter, mainly on the back of volume growth. The company, controlled by Dutch multinational brewing company Heineken NV, had posted a net profit of Rs 30.94 crore in the year-ago period, according [...]
Shriram City Q1 Results: Net profit rises 63%
Non-bank lender Shriram City Union Finance on Wednesday reported a 63 per cent rise in its June quarter net profit to Rs 345.35 crore. The company had reported a total comprehensive income of Rs 211.68 crore on a consolidated basis in the year-ago period. On a standalone basis, the total comprehensive income rose to Rs [...]
Welspun India Q1 Results: Consolidated net profit down 90.4%
Home textiles major Welspun India Ltd on Wednesday reported a decline of 90.41 per cent in its consolidated net profit to Rs 21.36 crore for the June 2022 quarter, mainly on account of high input costs. The company had posted a consolidated net profit of Rs 222.90 crore in the April-June quarter a year ago, [...]
Biocon Q1 Results: Consolidated net profit rises 71%
Biotechnology major Biocon on Wednesday reported a 71 per cent increase in consolidated net profit at Rs 144 crore for the June quarter on the back of robust growth across business verticals. The company had posted a net profit of Rs 84 crore in the April-June quarter of the previous fiscal. Total revenue rose to [...]
SKF India Q1 Results: Consolidated net profit rises 63%
Auto component maker SKF India on Wednesday reported a 63 per cent increase in its consolidated profit after tax at Rs 129.12 crore in the April-June quarter of the current financial year. SKF India had recorded a consolidated PAT (Profit After Tax) of Rs 79.12 crore in the same quarter of the previous fiscal, according [...]
Schaeffler India Q1 Results: Net profit rises 76%
Industrial and automotive component supplier Schaeffler India on Wednesday reported a 76 per cent year-on-year growth in net profit at Rs 225.75 crore in the April-June quarter of this year. In the same quarter of the previous year, the company's net profit stood at Rs 128.13 crore, as per the regulatory filing. The company follows [...]
Bajaj Finance Q1 Results: Consolidated net profit more than doubles to Rs 2,596 cr
Bajaj Finance Ltd on Wednesday reported its highest-ever consolidated quarterly net profit at Rs 2,596 crore for the June quarter, helped by robust income due to brisk loan growth. The company had reported a net profit of Rs 1,002 crore in the year-ago period. Total income rose by 38 per cent to Rs 9,283 crore [...]
Maruti Suzuki Q1 Results: Consolidated net profit jumps two-fold to Rs 1,036 cr
Maruti Suzuki India (MSI) on Wednesday reported over two-fold jump in its consolidated net profit to Rs 1,036 crore for the first quarter ended June 30, mainly due to a low base in the year-ago period. The auto major had posted a net profit of Rs 475 crore in the COVID-hit April-June quarter of the [...]
Shoppers Stop Q1 Results: Consolidated net profit at Rs 22.83 cr, sales up to Rs 948.44 cr
Retail chain Shoppers Stop Ltd on Tuesday reported a consolidated net profit of Rs 22.83 crore for the first quarter that ended on June 30, 2022. The company had posted a net loss of Rs 104.89 crore in the April-June quarter a year ago, said Shoppers Stop in a regulatory filing. Its revenue from operations [...]
Tata Power Q1 Results: Consolidated net profit jumps 90%; plans Rs 14000 cr capex in FY23
Tata Power on Tuesday posted a nearly 90 per cent jump in its consolidated net profit to Rs 883.54 crore for the April-June quarter of the current fiscal driven by higher income. The company had posted a net profit of Rs 465.69 crore in the same quarter of 2021-22, Tata Power said in a BSE [...]
IEX power trade volume rises 10% to 23 billion units in Q1
The trade volume on the Indian Energy Exchange (IEX) grew 10 per cent to 23.4 billion units in June quarter mainly due to rise in power consumption in the country during the period. The trade volume in the quarter comprised 20.64 billion units (BU) in the conventional power market, 1.52 BU in the green market [...]
Bajaj Auto Q1 Results: Consolidated net profit dips marginally to Rs 1,163 cr
Bajaj Auto on Tuesday reported a marginal decline in consolidated net profit at Rs 1,163 crore for June quarter 2022-23 as chip shortage impacted sales. The Pune-based firm had posted a net profit of Rs 1,170 crore in April-June period a year ago. Total revenue from operations rose to Rs 8,005 crore in the quarter [...]
Tata Steel Q1 Results: Consolidated net profit falls 21% to Rs 7,714 cr on higher costs
Domestic steel major Tata Steel on Monday posted a 21 per cent fall in its consolidated net profit to Rs 7,714 crore for the April-June quarter due to higher costs of materials and finance costs. The company had reported a net profit of Rs 9,768 crore in the same period of 2021-22, the company said [...]
Future Supply Chain Solutions Q4 Results: Net loss of Rs 624.22 crore
Future Supply Chain Solutions Ltd on Monday reported a net loss of Rs 624.22 crore for the fourth quarter ended March this year. The loss was mainly on account of credit loss from group firm Future Retail Ltd (FRL) which is now facing insolvency proceedings. The company reported a net profit of Rs 47.87 crore [...]
Axis Bank Q1 Results: Net profit nearly doubles to Rs 4,125 crore
Axis Bank on Monday said its net profit nearly doubled to Rs 4,125 crore in the April-June quarter of FY23, helped by decline in bad loans. The private sector bank had registered a net profit of Rs 2,160 crore in the corresponding quarter of the previous fiscal. Total income of the bank rose to Rs [...]
Tech Mahindra Q1 Results: Consolidated net profit falls 16.4% to Rs 1,132 crore
Tech Mahindra on Monday reported a 16.4 per cent slide in its consolidated net profit at Rs 1,132 crore for the June 2022 quarter. The Mahindra group company, which is the fifth biggest IT exporter in the country, had posted a net profit of Rs 1,353 crore in the year-ago period. For the reporting quarter, [...]
Infosys Q1 Results: Net Profit up 3.2%, lower than estimates
India's second-largest IT services firm Infosys reported a lower-than-estimated 3.2 per cent rise in June quarter net profit as operating margin declined on rising expenses. Net profit is at Rs 5,360 crore, or Rs 12.78 a share, compared with Rs 5,195 crore, or Rs 12.24 per share, in the same period a year back, the [...]
Kotak Bank Q1 Results: Net rises 26% on fall in bad loans, record margins
Private sector lender Kotak Mahindra Bank on Saturday reported a 26 per cent rise in net income at Rs 2,071.15 crore in the June quarter, buoyed by record margins and a decline in bad loans. On a consolidated basis, the city-headquartered financial services group, which is also into life and non-life insurance, share broking, asset [...]
ICICI Bank Q1 Results: Consolidated net profit jumps 55% on lower provisions, strong core income
ICICI Bank on Saturday reported a 55.04 per cent jump in its June quarter consolidated net profit to Rs 7,384.53 crore, helped by a sharp reduction in provisions and the core interest income continuing to be strong. On a standalone basis, the second-largest private sector lender reported a net profit of Rs 6,904.94 crore against [...]
Yes Bank Q1 Results: Net profit rises 50%
Yes Bank on Saturday reported 50 per cent increase in net profit at Rs 311 crore for June quarter 2022-23 on fall in provisions for bad loans, and healthy income growth. The bank had clocked a net profit of Rs 207 crore in the year-ago period, it said in a regulatory filing. Total income during [...]
Karnataka Bank Q1 Results: Net profit rises 8% to Rs 114 cr
Karnataka Bank on Saturday reported nearly 8 per cent increase in net profit at Rs 114 crore for June quarter 2022-23 helped by a growth in core income and fall in bad loans. The private sector lender had posted a net profit of Rs 105.91 crore in the year-ago period. Total income during April-June 2022-23 [...]
Persistent Systems Q1 Results: Net profit rises 40% to Rs 211 cr
Mid-size information technology company Persistent Systems on Friday reported a 40 per cent jump in its June quarter net profit to Rs 211.6 crore. The Pune-headquartered company reported a 52.7 per cent rise in its revenue to Rs 1,878 core. Its chief executive Sandeep Kalra said the company is not very worried about the macro [...]
Reliance Jio Q1 Results: Net profit rises 24% to Rs 4,335 cr as tariff hikes boost realisation
India's largest telecom operator Reliance Jio Infocomm on Friday reported a nearly 24 per cent rise in its June quarter net profit to Rs 4,335 crore as tariff hike and improved subscriber mix boosted revenues and realisation. Billionaire Mukesh Ambani-led Reliance Jio clocked revenue from operations of Rs 21,873 crore in the just-ended quarter, which [...]
HFCL Q1 Results: Consolidated profit falls 42% to Rs 53.1 crore
Domestic telecom gear maker HFCL on Friday posted a 41.76 per cent decline in consolidated profit to Rs 53.1 crore in the first quarter ended June 30. HFCL had posted a net profit of Rs 91 crore a year ago, the company said in a statement. The consolidated revenue declined 12.92 per cent to Rs [...]
Reliance Retail Q1 Results: Pre tax profit up over two fold to Rs 3,897 crore, revenue up 53.7%
Reliance Retail on Friday reported over two-fold jump in pre-tax profit at Rs 3,897 crore for June 2022 quarter, led by higher contribution from fashion & lifestyle and consumer electronics business. The retail arm of Reliance Industries Ltd (RIL) said it had posted a pre-tax profit or EBITDA (Earnings Before Interest, Tax, Depreciation and Amortisation) [...]
Bandhan Bank Q1 Results: Net profit doubles to Rs 887 cr
Bandhan Bank on Friday said its June quarter net profit more than doubled to Rs 886.5 crore in April-June 2022-23 aided by decline in bad loans. The Kolkata-headquartered private sector lender had logged a net profit of Rs 373.1 crore in the year-ago period. Total income increased to Rs 2,844.1 crore from Rs 2,731 crore. [...]
JSW Steel Q1 Results: Consolidated net profit falls 85%
JSW Steel on Friday posted over 85 per cent fall in its consolidated net profit at Rs 839 crore during the June 2022 quarter, mainly on account of higher expenses. The company's profit stood at Rs 5,900 crore during the April-June period of the preceding 2021-22 fiscal, JSW Steel said in a regulatory filing. However, [...]
HDFC AMC Q1 Results: Profit after tax declines 9% to Rs 314 cr
HDFC Asset Management Company (AMC) on Friday reported a 9 per cent decline in profit after tax at Rs 314.2 crore in the three months ended June 2022. In comparison, the asset management firm had posted a Profit After Tax (PAT) of Rs 345.4 crore in the year-ago period, HDFC AMC said in a regulatory [...]
Crompton Greaves Consumer Q1 Results: Net profit up 33% at Rs 125.95 cr
Crompton Greaves Consumer Electricals Ltd on Friday reported a 33 per cent increase in consolidated net profit at Rs 125.95 crore in the first quarter ended June 30, on the back of higher sales. The company, which had posted a consolidated net profit of Rs 94.76 crore in the year-ago period, said it has raised [...]
UltraTech Q1 Results: Consolidated net profit falls 7%; Net sales rise 28%
Aditya Birla group firm UltraTech Cement on Friday reported a decline of 6.94 per cent in its consolidated net profit at Rs 1,582.02 crore in the June 2022 quarter, impacted by inflationary trends. The company had posted a net profit of Rs 1,700.03 crore in the April-June period a year ago, UltraTech Cement said in [...]
ICICI Securities Q1 Results: Net income falls 12% to Rs 273 cr
ICICI Securities on Thursday reported a 12 per cent decline in net income at Rs 273 crore in the June quarter despite an increase in revenue during the same period. The company's topline grew 6 per cent to Rs 795 crore in the first quarter of this fiscal on the back of healthy growth in [...]
JSW Energy Q1 results: Net profit surges 179%
JSW Energy on Thursday said its net profit jumped 179 per cent to Rs 560 crore in the June quarter, mainly on the back of higher revenues. "Profit After Tax (PAT) stood at Rs 560 crore, which was 179 per cent higher YoY (year on year) compared to a PAT of Rs 201 crore in [...]
Hindustan Zinc Q1 Results: Consolidated net profit rises 56%
Hindustan Zinc Ltd (HZL) on Thursday reported a 55.9 per cent rise in consolidated net profit at Rs 3,092 in the June quarter, mainly on the back of higher metal prices. The company had posted consolidated net profit of Rs 1,983 crore in the first quarter of the previous fiscal, it said in a filing [...]
PVR Q1 results: Consolidated net profit at Rs 53 crore
Leading multiplex chain operator PVR Ltd on Thursday reported a consolidated net profit of Rs 53.38 crore for the June quarter. The company had posted a net loss of Rs 219.44 crore in the April-June quarter a year ago, PVR said in a regulatory filing. Its revenue from operations rose to Rs 981.40 crore in [...]
RBL Bank Q1 Results: Standalone net profit at Rs 201 cr as provisioning falls
RBL Bank on Thursday reported a net profit of Rs 201.16 crore on a standalone basis for the quarter ended June as a fall in bad assets helped slash the provisioning requirements. There was a net loss to the tune of Rs 459.47 crore in the same quarter a year ago. Compared sequentially, the net [...]
PCBL Q1 Results: Consolidated net profit up 21%
RP Sanjiv Goenka group's carbon black major PCBL Ltd on Thursday said it registered a 21 per cent jump in consolidated net profit to Rs 126 crore for the first quarter period ended June 2022, compared to corresponding period profit of Rs 104 crore posted in the previous year. The revenue for the quarter was [...]
IDBI Bank Q1 Results: Standalone net profit rises 25%
IDBI Bank on Thursday reported a 25 per cent jump in standalone net profit at Rs 756 crore in the June quarter, helped by a decline in bad loans. The LIC-controlled private sector bank had posted a net profit of Rs 603.30 crore in April-June 2021-22. However, the total income declined to Rs 5,780.99 crore [...]
Syngene International Q1 Results: Profit after tax slips 4% to Rs 74 cr
Contract manufacturing services firm Syngene International on Wednesday reported a 4 per cent decline in profit after tax to Rs 74 crore for the first quarter ended June 2022. The company had posted a PAT of Rs 77 crore in the April-June quarter of last fiscal. Its revenue from operations rose to Rs 644 crore [...]
Shriram Properties Q1 sales bookings rises 26% to Rs 313 crore
Shriram Properties Ltd on Wednesday reported a 26 per cent growth in its sales bookings at Rs 313 crore for the June quarter on better demand and low base effect. The Bengaluru-based company, in a statement, said that its sales bookings in volume terms rose 20 per cent to 0.66 million square feet in the [...]
IndusInd Bank Q1 Results: Net profit jumps 61% to Rs 1,631 crore
IndusInd Bank on Wednesday reported a 60.5 per cent jump in net profit at Rs 1,631.02 crore for the quarter ended June, mainly due to a fall in bad loans. The private sector lender had posted a net profit of Rs 1,016.11 crore in the year-ago period. In the first quarter of the current fiscal, [...]
Wipro Q1 Results: Consolidated net profit falls nearly 21%
IT services company Wipro Ltd on Wednesday reported about a 21 per cent year-on-year fall in its consolidated net profit to Rs 2,563.6 crore for the first quarter ended June 2022. The profit for the period (attributable to the equity holders of the company) stood at Rs 3,242.6 crore in the year-ago period. The net [...]
HUL Q1 Results: Consolidated net profit rises 14%
FMCG major Hindustan Unilever Ltd on Tuesday reported an increase of 13.85 per cent in its consolidated net profit to Rs 2,391 crore for the first quarter ended June 2022. The company had posted a net profit of Rs 2,100 crore in the April-June quarter of the previous fiscal. The total income was up 20.36 [...]
TV18 Broadcast Q1 Results: Consolidated net profit down 63%, revenue up 9.5%
Media firm TV18 Broadcast Ltd on Tuesday reported a 63.05 per cent decline in its consolidated net profit to Rs 60.02 crore for the first quarter ended on June 30, 2022. The company had posted a net profit of Rs 162.44 crore for the April-June period of the previous fiscal, TV18 Broadcast said in a [...]
Polycab India Q1 Results: Profit after tax surges 202%
Wire and cable manufacturer Polycab India on Tuesday reported a surge of 201.91 per cent in its profit after tax to Rs 222.54 crore during the first quarter of FY23. In the corresponding quarter of FY22, the company's PAT (Profit After Tax) stood at Rs 73.71 crore, Polycab India said in a statement. Revenue from [...]
HDFC Life Q1 Results: Net profit jumps 21% to Rs 365 cr
HDFC Life on Tuesday reported 21 per cent increase in net profit at Rs 365 crore for the first quarter of current fiscal year. The company had reported Rs 302 crore profit in April-June 2021-22. The total premium rose 21 per cent to Rs 9,396 crore during the quarter as compared with Rs 7,656 crore [...]
DCM Shriram Q1 Results: Consolidated net profit up 61%
DCM Shriram Ltd on Tuesday reported a 61 per cent increase in its consolidated net profit at Rs 253.96 crore for the quarter ended June on higher income. Its net profit stood at Rs 157.87 crore in the year-ago period, according to a regulatory filing. Total income rose to Rs 2,999.90 crore in the first [...]
Bank of Maharashtra shares climb over 2% after Q1 earnings
Shares of Bank of Maharashtra climbed over 2 per cent in morning trade on Tuesday after the firm reported a more than two-fold jump in net profit in the April-June quarter. The stock gained 1.80 per cent to Rs 16.95 on the BSE after a firm start in early trade. At the NSE, it advanced [...]
HeidelbergCement India Q1 Results: Net profit falls 25%
HeidelbergCement India on Monday reported 24.82 per cent decline in net profit at Rs 51.61 crore for June quarter 2022-23, impacted by an increase in operating cost. The company had reported a net profit of Rs 68.65 crore in April-June period a year ago, said HeidelbergCement in a BSE filing. However, revenue from operation increased [...]
Prestige Group sales bookings jump 4 fold to Rs 3,012 cr
Realty firm Prestige Estates on Monday reported over four-fold jump in its sales bookings at Rs 3,012 crore during the first quarter of this fiscal year on better demand and lower base effect. The sales bookings stood at Rs 733.9 crore in the year-ago period, which was badly hit by the second wave of the [...]
Porsche India sales up two folds at 378 units in first half of 2022
Luxury carmaker Porsche India on Monday reported an over two-fold jump in sales at 378 units in the first half of 2022. The company had posted sales of 173 units in January-June period last year. The arrival of Porsche's all-electric Taycan and a strong desire for SUVs carried the momentum through the first half of [...]
ICICI Prudential Life Q1 Results: Net Profit at Rs 156 cr on moderating trend in pandemic related claims
ICICI Prudential Life on Saturday reported Rs 156 crore net profit in the April-June quarter of this financial year amid a moderating trend in the pandemic-related claims and provisions. The company had reported a net loss of Rs 186 crore in the year-ago quarter. Assets under management grew 3.1 per cent to Rs 2,30,072 crore. [...]
HDFC Bank Q1 Results: Net profit jumps 21% to Rs 9,579 crores
Largest private sector lender HDFC Bank on Saturday reported a 20.91 per cent jump in its June quarter net profit at Rs 9,579.11 crore on the back of overall growth. On a standalone basis, its net profit increased to Rs 9,195.99 crore from Rs 7,729.64 crore in the year-ago period, but was down from Rs [...]
Just Dial Q1 Results: Consolidated loss widens to Rs 48.36 crore
Local search platform Just Dial on Friday recorded widening of consolidated loss to Rs 48.36 crore in the first quarter ended June 30, 2022. The company had posted a loss of Rs 3.52 crore in the same period a year ago. "Net loss stood at Rs 48.3 crore. This was driven by other income which [...]
Federal Bank Q1 Results: Net profit jumps 64%
Federal Bank on Friday posted about 64 per cent jump in net profit at Rs 600.66 crore for June quarter of financial year 2022-23. The private sector lender had logged a net profit of Rs 367.29 crore in year-ago period. In the previous March quarter, the bank's net profit was Rs 540.54 crore. Total income [...]
ACC Q1 Results: Consolidated net profit down 60%, sales up 15%
Cement maker ACC Ltd on Thursday reported a 60.07 per cent decline in consolidated net profit at Rs 227.35 crore in June 2022 quarter, due to rise in fuel costs and related inflationary impacts. The company, which follows January-December financial year, posted a profit of Rs 569.45 crore in April-June 2021, ACC said in a [...]
L&T Infotech Q1 Results: Consolidated net profit rises 27.6%
IT company Larsen and Toubro Infotech on Thursday posted a 27.6 per cent increase in consolidated net profit at Rs 633.5 crore in the first quarter ended June 30, 2022. It had registered a profit of Rs 496.3 crore in the same period a year ago, the company said in a regulatory filing. "We are [...]
Mindtree Q1 Results: Net profit up 37% at Rs 471.6 crore
IT company Mindtree on Wednesday posted a 37.3 per cent rise in net profit at Rs 471.6 crore for the three months ended on June 30, 2022. The company had reported a net profit of Rs 343.4 crore in the corresponding quarter of the previous fiscal. The revenue for the current fiscal's first quarter came [...]
Anand Rathi Wealth Q1 Results: Profit after tax up 34%
Leading non-bank wealths solutions company Anand Rathi Wealth on Tuesday reported 33.6 per cent jump in profit after tax at Rs 39.7 crore for three months ended June 2022. In comparison, the company had posted a Profit After Tax (PAT) of Rs 29.7 crore in the same quarter preceding fiscal, Anand Rathi Wealth, part of [...]
HCL Tech Q1 Results: Net profit up 2.4% at Rs 3,283 cr
IT services company HCL Technologies on Tuesday reported a 2.4 per cent year-on-year increase in its net profit for the three months ended June 2022 at Rs 3,283 crore. The revenue came in at Rs 23,464 crore, which was nearly 17 per cent higher than the year-ago period. In its FY23 guidance, the company said [...]
Coal India capital expenditure rises 65% in Q1
Coal India on Monday said its capital expenditure increased 64.8 per cent to Rs 3,034 crore in June quarter 2022-23, driven by strong spend in acquiring land and strengthening transport infrastructure in its coalfields under first-mile connectivity projects. Coal India's capital expenditure was Rs 1,841 crore in April-June period of last financial year. "Sustaining its [...]
Mercedes Benz clocks highest ever Q2 sales of 7,573 units in India
Mercedes-Benz India on Monday reported its highest ever second-quarter sales at 7,573 units, registering a 56 per cent jump over the year-ago period. The company had sold 4,857 units in the April-June period of 2021. The highest ever Q2 sales were achieved on the back of new product launches, sustained demand for existing products and [...]
AMCs add 51 lakh Accounts in Jun Quarter on increasing awareness about MFs
Asset management companies added 51 lakh investor accounts in June quarter, taking the total tally to 13.46 crore, on increasing awareness about mutual funds and ease of transactions through digitisation, and experts hope the ongoing financial year to be promising too. In comparison, 93 lakh accounts (or folios in mutual fund parlance) were opened in [...]
DMart Q1 Results: Consolidated net profit jumps 6 times YoY
Avenue Supermarts Ltd, which owns and operates retail chain D-Mart, on Saturday reported over six-fold jump in its consolidated net profit to Rs 642.89 crore for the quarter ended on June 30, 2022, helped by a "very good recovery" in overall sales and a comparative low YoY base. The company had posted a net profit [...]
Tata Motor global wholesales up 48% in Q1
Tata Motors on Friday said its global wholesales, including that of Jaguar Land Rover, rose 48 per cent to 3,16,443 units in the first quarter of the current fiscal. The auto major had dispatched 2,14,250 units to dealers in the April-June quarter of 2021-22. Global wholesales of all Tata Motors' commercial vehicles and Tata Daewoo [...]
TCS Q1 Results: Consolidated net profit rises 5.2%, Declares Rs 8 as interim dividend
India's largest IT services firm Tata Consultancy Services (TCS) on Friday reported a 5.2 per cent year-on-year rise in consolidated net profit to Rs 9,478 crore for the first quarter ended June 30. The consolidated revenue from operations increased 16.2 per cent year-on-year to Rs 52,758 crore in the first quarter of FY23. TCS has [...]
PVR restarts capex cycle, plans to open 125 screens in FY23
Leading multiplex chain operator PVR expects the movie exhibition industry to bounce back "dynamically" in FY23 and plans to open as many as 125 screens during the year, its highest ever tally in a year. According to the company's latest annual report, PVR, which is merging with rival Inox Leisure, expects the process to be [...]
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