Samvardhana Motherson Q3 Results: Net profit rises 62% YoY to Rs 879 crore

Samvardhana Motherson Q3 Results: Net profit rises 62% YoY to Rs 879 crore

Auto component maker Samvardhana Motherson International on Friday reported a consolidated net profit of Rs 879 crore for the third quarter ended December 31, 2024. The company had reported a net profit of Rs 542 crore for the October-December quarter of the last fiscal. Total revenue from operations rose to Rs 27,666 crore for the … Read more

Macrotech Developers Q3 profit rises 88% to Rs 944 cr on higher income

Macrotech Developers Q3 profit rises 88% to Rs 944 cr on higher income

Realty firm Macrotech Developers on Saturday reported 88 per cent increase in consolidated net profit at Rs 944.4 crore for December quarter FY25 on higher income amid strong housing demand. Net profit of Macrotech Developers, which sells properties under Lodha brand, stood at Rs 503.3 crore in the year-ago period. Total income rose to Rs … Read more

Newgen Software Technologies Q3 Results: Profit rises 31% to Rs 89 crore

Newgen Software Technologies Q3 Results: Profit rises 31% to Rs 89 crore

Tech firm Newgen Software Technologies on Monday posted a 30.8 per cent year-on-year increase in consolidated net profit to Rs 89 crore for the December quarter. The Noida-headquartered firm reported a profit of Rs 68 crore in the year-ago period, according to a regulatory filing. Revenue from operations for the quarter under review came in … Read more

HCL Tech shares jump 1% as Q2 profit jumps 10.5% YoY. Brokerage firms raise target prices

HCL Tech shares jump 1% as Q2 profit jumps 10.5% YoY. Brokerage firms raise target prices

Shares of India’s third largest IT company HCL Technologies jumped 1.3% to its day’s high of Rs 1,880.65 on the BSE after reporting a 10.5% jump in its September quarter consolidated net profit to Rs 4,235 crore, up from Rs 3,832 reported by the company in the year-ago period. Following the quarterly results, various brokerage … Read more

Anand Rathi Q2 Results: Cons PAT jumps 32% YoY to Rs 76 crore. Rs 7/share interim dividend declared

Anand Rathi Q2 Results: Cons PAT jumps 32% YoY to Rs 76 crore. Rs 7/share interim dividend declared

Anand Rathi Wealth reported a consolidated net profit of Rs 76 crores for the quarter ended September 30, 2024 which is an increase of 32% compared to July- September 2023 (Q2FY24) period when the company had posted a profit after tax (PAT) of Rs 57 crore. The total revenue stood at Rs 250 crore in … Read more

IOC Q2 results: Profit grows 13 times to Rs 6,026 crore even as revenue slips

IOC Q2 results: Profit grows 13 times to Rs 6,026 crore even as revenue slips

Indian Oil Corporation (IOC) on Friday posted around 13 times growth in consolidated net profit at Rs 6,025.81 crore for the quarter ended September 30. It had reported a profit of Rs 468.04 crore in the corresponding quarter last year. A drop of 18.78 per cent YoY in total expenditure aided the bottomline of the … Read more

L&T Q2 results: Net profit falls 45% to Rs 1,410 cr; firm announces dividend @ Rs 18 per share

L&T Q2 results: Net profit falls 45% to Rs 1,410 cr; firm announces dividend @ Rs 18 per share

NEW DELHI: EPC major Larsen & Toubro on Wednesday said its consolidated net profit fell 44.73 per cent year-on-year (YoY) to Rs 1,410.29 crore for the September quarter compared with Rs 2,551.67 crore in the same quarter last year. Analysts in an ET NOW poll has projected a net profit of Rs 1,344 crore for … Read more

Britannia Q2 Results: Net profit up 23% YoY to Rs 495 crore

Britannia Q2 Results: Net profit up 23% YoY to Rs 495 crore

Mumbai: Biscuit maker Britannia Industries reported a consolidated net profit of Rs 495.20 crore for the quarter ended September, up 23 per cent from a year ago. The company had reported a net profit of Rs 405.37 crore in the same quarter a year ago. An ET Now poll had projected the company to report … Read more

JSPL may demerge power business into separately listed entity: Reports

JSPL may demerge power business into separately listed entity: Reports

With an objective to unlock potential value, Jindal Steel and Power (JSPL) may announce the demerger of power business into a separately listed company next week, ET NOW reported. “Management believes de-merging steel and power businesses will unlock value,” sources told ET NOW. Market analysts believe power business valuation may see an upside. “Analysts estimates … Read more