Total expenses were higher at Rs 1,104.51 cr in the first quarter compared to Rs 980.92 cr in the same period last fiscal, the company said
On a sequential basis, the company exhibited a 6.73 per cent increase in revenue, along with PAT, which also rose by 32.04 per cent
The EBIT margin of the company stood at 15.6 per cent, falling 130 basis points (bps) sequentially and 1.6 per cent YoY
Earnings before interest, taxation, depreciation and amortisation (Ebitda), the company said, increased 9.2 per cent to Rs 669 crore.
Operating expenses for the quarter were Rs 667 crore compared to Rs 582 crore during the corresponding quarter of the previous year
Revenue in its Indian and European segments rose 12.2 per cent and 23.7 per cent, respectively
Tata Technologies' profit fell 27% in the quarter ended March 31 due to similar reasons
The company reported a net profit of 328 million euros ($ 359 million) for the April-June period, down 20 per cent from 409 million euros ($ 447 million) a year earlier
Wires and cables maker Polycab India Ltd on Thursday reported a marginal decline in consolidated net profit to Rs 401.62 crore in the June 2024 quarter, impacted by higher expenses.
Revenue from the data services business, which contributes more than 80 per cent to the total, climbed 20 per cent, on the back of a 52 per cent growth in its digital portfolio
Havells India Ltd on Thursday reported a 42 per cent jump in consolidated net profit at Rs 407.51 crore in the first quarter ended June 30, 2024 as a scorching summer led to robust sales growth.
During the quarter, the company's net sales stood at Rs 8,970 crore and were down 2.3 per cent due to weak demand conditions, which the company attributed to general elections and severe heat waves
The company had posted a net profit of Rs 22.36 crore in the April-June period a year ago, according to a regulatory filing from Hathway Cable, a firm owned by the Reliance Industries Group
The company's first-quarter performance beat revenue but missed net profit estimates of Bloomberg
The revenue from operations grew due to strong vehicle sales, record revenue from spares, and volume expansion across both domestic and export businesses
Its NIM plus fees and other income improved by 144 basis points to 11.08 per cent in Q1FY25 from 9.64 per cent in Q1FY24, LTF said in a statement
Himadri has lined up brownfield expansion of specialty carbon black from 60,000 to 1.3 lakh tonne in West Bengal's Hooghly district plant at Rs 220 crore
A two-member bench of NCLT Mumbai comprising Prabhat Kumar and Justice Virendra Singh Bisht has taken the submissions of revised financial statements on record
Interest income was down 19.8 per cent to Rs 162 crore in Q1FY25 as against Rs 202 crore in Q1FY24
Consolidated profit increased by 32.6% year-on-year to Rs 293 crore ($35.1 million) in the three months to June 30