ET Intelligence Group: India Inc delivered strong double-digit growth in net profit in the September quarter, riding a stellar show by automobiles, banking and finance, cement and metal companies with a domestic focus.Revenue expanded in single digits as consumer goods companies faced volume pressure and IT companies continued to struggle for growth.Net profit growth surged … Read more
Tata Metaliks Ltd on Tuesday posted an over three-fold jump in net profit at Rs 44.16 crore for the quarter ended September 30, 2023, helped by reduced expenses. It had clocked Rs 14.29 crore net profit in July-September period a year ago, the company said in a regulatory filing. Total income fell to Rs 758.05 … Read more
Private sector lender Federal Bank on Monday reported a 35.54 per cent jump in standalone net profit for the second quarter of this fiscal at Rs 953.82 crore, helped by rise in net interest income. The south-based lender had posted a net profit of Rs 703.71 crore in the year-ago period. Total income of the … Read more