The company cited economic uncertainty, forex crisis and liquidity issues in Asia and Africa for a fall in its international sales
The company expects that the government's push towards raising rural incomes will result in a growth in rural consumption which the company is likely to benefit from
It had posted Rs 44.65 crore net profit in the corresponding period of 2022-23, the company said in a regulatory filing
Non-banking financial company TVS Credit Services Ltd has reported a 40.9 per cent rise on its net profit for the quarter ending June 30,2023 at Rs 117 crore, the company said on Tuesday.
The operating profit for the quarter was Rs 413 crore, 11 per cent higher than the last year's figure of Rs 374 crore, the AMC said in a press release
Total income of the company rose to Rs 129.68 crore from Rs 95.62 crore in the year-ago quarter
In the latest quarter, revenue from operations reduced by 35 percent to Rs 17,985 crore year-on-year from Rs 27,449 crore in the year-ago quarter
Revenue from operations in the first quarter of this fiscal was at Rs 993.61 crore, up 4.76 per cent against Rs 948.44 crore in the year-ago period
The housing finance company's total income during the June quarter was Rs 1,708 crore against Rs 1,412 crore a year ago, the lender said in an exchange filing
The lender's net interest margin (NIM) rose 178 basis points, to 5.8% for the first quarter, compared to 4.02% for the same period in the previous year
The asset quality profile improved, with gross NPAs declining to 5.15 per cent in June 2023 from 6.94 per cent in June 2022
Net profit was Rs 633.95 crore and revenue from operations Rs 59,489.66 crore, 6 per cent lower from a year ago
Total income in the first quarter of the current fiscal rose to Rs 712 crore from Rs 429 crore in the same period a year ago, Poonawalla Fincorp said in a regulatory filing
Its revenue from operations was up 10.77 per cent to Rs 1,584.36 crore during the period as against Rs 1,430.23 crore in the year-ago period, the company said
The overall two-wheeler and three-wheeler sales including exports grew by 5% registering sales of 9.53 lakh units in the quarter ended June 2023
The bank's total income during the period was up by 16 per cent, from Rs 1,142 crore in June 2022-23 to Rs 1,323 crore in the fourth quarter of FY24
Tata Steel on Monday posted over 93 per cent decline in consolidated net profit to Rs 524.85 crore for the April-June quarter of 2023-24 on account of higher expenses
Revenue for the company's packaging films business, which constitutes 32.8% of total revenue, fell 26.8%, while the chemicals segment's revenue, which comprises 49.7%, fell 3.6%
Revenue for the company's packaging films business, which constitutes 32.8% of total revenue, fell 26.8%, while the chemicals segment's revenue, which comprises 49.7%, fell 3.6%
Revenue from operations for the Sparx sports shoes maker rose nearly 11% to 7.39 billion rupees, while its expenses rose 8.5%