Shares of Jio Financial Services are expected to remain in Focus on Monday following company’s Q2 earnings where the company reported a 3% uptick in its net profit to Rs 689 crore for the quarter ended September 2024, versus Rs 668 crore logged in the year-ago period. Revenue from operations in the reported quarter stood … Read more
State-owned Indian Overseas Bank on Thursday posted a 24% surge in net profit to Rs. 777 crore in the second quarter ended September 2024, due to interest income and onboarding of new customers. The bank had earned a net profit of Rs. 625 crore in the same quarter a year ago. The bank earned an … Read more
Rajiv Jain‘s GQG Partners has raised its stake in Adani Group-owned Ambuja Cements by 70 bps to 2.05% in the September quarter. In the three-month period that ended on June 30, 2024, Jain’s GQG Partners Emerging Markets Equity Fund held 1.35% stake in the cement manufacturer. The 2.05% stake in Ambuja represents over 50 lakh … Read more
State-run Indian Renewable Energy Development Agency (IREDA) on Thursday reported a net profit of Rs 388 crore for the quarter ended September 30, 2024 which was up 36% over Rs 285 crore reported by the company in the year ago period. Revenue from operations in Q2FY25 stood at Rs 1,629 crore which was up by … Read more
Unicommerce Esolutions reported a net profit of Rs 3.5 crore for the quarter ended June 30, 2024, which was up by 31% from Rs 2.7 crore reported by the company in the year ago period. The revenue from operations stood at Rs 27.5 crore, which was higher by 9% over Rs 25 crore posted in … Read more
Metropolis Healthcare on Saturday reported a 31.3% year-on-year (YoY) rise in net profit to Rs 38.1 crore in Q1FY25 let my volume increase and better patient realisations. The diagnostic chain reported Rs 29 crore net profit in the corresponding quarter of the previous year. Revenue from operations grew by 13.1% YoY to Rs 313.4 crore. … Read more
New Delhi: Aurobindo Pharma on Saturday said its consolidated net profit increased 61 per cent year on year to Rs 919 crore in the first quarter ended June 2024, aided by strong sales across markets. The Hyderabad-based drug maker had reported a net profit of Rs 571 crore in the April-June quarter of last fiscal. … Read more
Tips Industries‘ net profit increased by 61% to Rs 44 crore for the quarter ended June due to robust revenue growth and efficient content investment. Operating profit was up 55% to Rs 54 crore. Revenue from operations jumped 40% to Rs 74 crore. The company’s YouTube subscriber base reached 104 million, with views increasing 29% … Read more
Realty major DLF Ltd on Thursday reported 23% growth in its consolidated net profit at Rs 646 crore for the first quarter. It was Rs 527 crore in the last year quarter. Revenue from operations in the reporting quarter fell 4% year-on-year to Rs 1,362 crore as against Rs 1423 crore in the same quarter … Read more
India’s largest airline by market share, InterGlobe Aviation is expected to report a sharp decline in its year-on-year net profit for the three-month period ended June 30, 2024. The profit after tax (PAT) is seen in the range between Rs 2,135 crore – Rs 2,430 crore for April-June according to estimates by a couple of … Read more