Page 233 - Company Results

WNS June quarter results for FY24: Net profit declines to $30.1 million

Business process management company WNS on Thursday reported a 9 per cent decline in net profit at $30.1 million in the June quarter

Marsh McLennan beats Q2 profit estimates on interest income boost

Ten successive rate hikes by the U.S. Federal Reserve have helped companies net higher interest income on funds they hold on behalf of clients

South Indian Bank Q1 net up 75% to Rs 202 cr; NIM improves by 60 bps

Net interest margin too improved by 60 basis points from 2.74 per cent to 3.34 per cent on Y-o-Y basis

Persistent Systems misses Q1 profit view on rising employee costs

Analysts were expecting a profit of 2.74 billion rupees, according to Refinitiv IBES

Infosys cuts FY24 outlook to 1-3.5%; Q1 net profit up 11% to Rs 5,945 cr

No hiring target for FY24; attrition rate moderates to 17.3%

PE/VC investments into Indian entities down 23% in H1 to $27.5 billion

The number of deals declined 44% compared to the year-ago period and 16% sequentially to 427, the report said

Hindustan Unilever Q1 results: Profit rises 6.9% to Rs 2,556 crore

Total expenses were higher at Rs 12,167 crore as compared to Rs 11,531 crore in the same quarter a year ago, the company said

Havells Q1FY24 result: Net revenue up 14% YoY; disrupted summer drags sales

Ebitda increases by 11% YoY but goes down by 24% QoQ; LLoyd witnesses steady growth

DB Corp reports 2.5-fold rise in net profit to Rs 78.75 cr in Q1FY24

Total expenses in the first quarter were at Rs 469.97 crore, as against Rs 457.3 crore in the same period a year ago

Reliance Strategic Investments reports Rs 1.45 bn Q1 net profit after tax

In a BSE filing the company further informed that Reliance strategic investments ltd.'s total income from operations was recorded at 2.15 billion rupees in June quarter

L&T Finance Q1 net doubles to Rs 531 cr, credit costs decline sharply

Dinanath Dubhashi, Managing Director & CEO, LTFH said the NIM+ Fees are stabilising. The interest rates in the system are also beginning to stablise

Tata Communications net profit falls by 30% to Rs 382 crore in June quarter

Tata Communications on Wednesday posted a 29.8 per cent fall in consolidated net profit at Rs 382 crore in the June quarter, hit by higher interest costs and lower forex gains

Avenue E-Commerce losses widen, revenue surges past Rs 2,000 crore

In FY23, Ignatius Navil Noronha, CEO & MD of Avenue Supermarts salary stood at Rs 4.55 crore, the same as the previous year

Newgen Software Technologies profit rises 57% to Rs 30 cr in April-June

Revenue from operations stood at Rs 251.7 crore in the reporting quarter, which was 34 per cent higher than Rs 187.9 crore in the year-ago period

Tata Coffee's net profit down by 5% at Rs 62.06 cr for quarter ended June

Tata Coffee on Wednesday reported a 5 per cent fall in consolidated net profit at Rs 62.06 crore for the quarter ended June

Bank of Maharashtra Q1 net up 95.2% YoY at Rs 882 cr; NPA provisions fall

It made a provision of Rs 250 crore for any additional burden due to shifting to expected credit loss (ECL) for loan portfolio

Jubilant Pharmova's Q1 consolidated net profit dips 87% at Rs 6 cr

Total expenses in the first quarter were at Rs 1,568.9 crore, as compared to Rs 1,393.8 crore in the corresponding period a year ago

Bank of Maharashtra Q1FY24 result: Net profit up 95% YoY to Rs 882 cr

Net Interest Income (NII) grew by 38.80% YoY to Rs 2,340 crore in Q1FY24 as against Rs 1,686 crore for Q1FY23

Himadri Speciality Chemical Q1 net profit more than doubles to Rs 86 cr

It had posted Rs 38 crore profit after tax (PAT) in the corresponding period in 2022-23, Himadri Speciality Chemical Limited (HSCL) said in a regulatory filing on Tuesday

CIE Automotive India's Q2 profit surges on robust domestic, European demand

The company's European business, which constituted around 49% of its consolidated segmental revenue for the quarter, grew 5.3% year-on-year, outperforming the Indian business, which grew 4.8%